US President Donald Trump speaks to reporters on the South Lawn before boarding Marine One on the South Lawn of the White House on July 25, 2025, in Washington, DC en route to Turnberry, Scotland. Jim Watson | Afp | Getty ImagesPresident Donald Trump on Friday deflected questions about his former friend Jeffrey Epstein as Epstein’s convicted sex offender accomplice Ghislaine Maxwell was set to meet with a top Department of Justice official in Florida for the second day in a row.”I have nothing to do with the guy,” Trump said of Epstein, with whom he had socialized for years…
Author: usaeverydaylife
Check out the companies making headlines before the bell. Intel — Shares of the chipmaker dropped more than 7% after Intel said it will cut 15% of its workforce and slashed plans for chip factory construction in an attempt to revitalize its AI strategy. Intel topped second-quarter revenue results, posting $12.86 billion in revenue that beat the $11.92 billion expected by analysts surveyed by LSEG, and lost an adjusted 10 cents per share. Paramount — The owner of CBS television rose more than 1% in early trading Friday after the Federal Communications Commission on Thursday approved an $8 billion merger between…
Valera Golovniov | Sopa Images | Lightrocket | Getty ImagesCentene on Friday posted a surprise quarterly loss, in yet another disappointment for investors in the sector that has suffered a series of setbacks due to rising costs in government-backed insurance plans.Shares of the company tumbled 14.5% in premarket trading, dragging down peers Elevance and Molina Healthcare, which have also warned of elevated costs in government-backed insurance plans.The insurance sector has been under strain for the past two years due to rising medical costs.On one hand, insurers are grappling with increased utilization of behavioral health services, home care, and high-cost drugs,…
Before the fame, fashion or multi-million dollar deals, “Sex and the City” actress Sarah Jessica Parker used to make $40 stretch for three days, she told podcast host Alex Cooper on a recent episode of “Call Her Daddy.” When Parker moved out on her own at 18, she only had “a little money in the bank” from her role on the 1980s CBS sitcom “Square Pegs,” she said. So, as she went out for auditions, uncertain of when the next big job would come, she would withdraw her money “very judiciously,” she said — only allowing herself $40 around twice a…
European officials are working to secure a trade deal with the Trump administration, as regional companies sound the alarm over financial hits even before reciprocal tariffs have come into play. Earlier this month , U.S. President Donald Trump said he would slap a 30% tariff on all goods imported to America from the European Union, starting Aug. 1. Investors are now awaiting developments in EU-U.S. negotiations, though a trade agreement is so far yet to emerge. Meanwhile, European officials continue to work on countermeasures that could be deployed if the White House goes ahead with its 30% duties on the…
Oppenheimer is going all in when it comes to Carvana . The investment firm upgraded its rating on the online used-car seller to an outperform rating from perform. Analyst Brian Nagel accompanied the move by setting a price target of $450 for the stock. Shares of Carvana have surged 60% in 2025. Nagel’s price target implies that the stock could rally another 38% from its Thursday close. CVNA YTD mountain CVNA YTD chart “CVNA represents a unique, digitally-driven disruptor, within the expansive and inefficient domestic used car marketplace,” the analyst wrote. “Following significant fundamental and financial repositioning, the CVNA business…
JPMorgan is moving to the sidelines on Procter & Gamble ahead of its fiscal fourth-quarter earnings report next Tuesday. The bank downgraded shares of the consumer goods manufacturer to a neutral rating from overweight, citing expectations of “another lackluster quarter and normalization of category growth.” Analyst Andrea Teixeira’s price target of $170 per share, down from $178, still implies an upside of 7% from here. Shares of Procter & Gamble have slipped 5% in 2025. PG YTD mountain PG YTD chart Ahead of the company’s earnings release, Teixeira lowered her organic sales estimates for its fiscal fourth quarter. “We are…
US President Donald Trump delivers remarks at the “Winning the AI Race” AI Summit at the Andrew W. Mellon Auditorium in Washington, DC, on July 23, 2025.Andrew Caballero-reynolds | Afp | Getty ImagesBrussels is preparing for a no-deal scenario as uncertainty persists about if and when a trade agreement between the European Union and U.S. will materialize.Lawmakers on Thursday signed off on a major package of counter-tariffs which would target a wide range of goods and discussions are reportedly ongoing about deploying the EU’s so-called “trade bazooka.”Measures could kick in soon as there are just a few days left before…
Piper Sandler is the latest firm to highlight Palantir as a strong winning candidate in the artificial intelligence boom. The bank initiated coverage of the software stock at an overweight rating and price target of $175, which offers upside of approximately 13% from Palantir’s Thursday closing price. Shares have surged nearly 105% this year. PLTR YTD mountain PLTR YTD chart Piper Sandler analyst Brent Bracelin called Palantir a solid buy, despite its massive year-to-date runup. “No doubt, PLTR carries a rich valuation premium and remains a high-risk investment, but it also has a one-of-a-kind growth+margin model that if proven durable…
The Comcast NBCUniversal building is seen in Los Angeles, California, November 20, 2024. Etienne Laurent | AFP | Getty ImagesThe broadcast show “E! News” will end this year, concluding a run that began in 1991 but was interrupted during the Covid-19 pandemic, a source close to the situation said.The person confirmed the plans to cancel the broadcast show to NBC News, after the news was reported earlier Thursday by Variety and other publications. Its final tape date will be Sept, 25. Employees were notified Thursday morning.The entertainment network will remain online. “Access Hollywood” and “Access Daily” will continue their broadcasts.The broadcast show launched…
