A sailor raises the Japan Maritime Self-Defense Force ensign on board the JS Ise, a Hyuga-class helicopter destroyer on June 21, 2025.Ted Aljibe | Afp | Getty ImagesJapan’s new Prime Minister Sanae Takaichi pledged on Friday to accelerate a defence spending target by two years, as her government pursues proactive fiscal expansion on strategic priorities.In her first policy speech, Takaichi told parliament that Japan aims to reach a defence spending goal of 2% of gross domestic product (GDP) in the current fiscal year through March, ahead of the original target of fiscal 2027.”Japan must take the initiative in fundamentally strengthening its defense capabilities,” she…
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Investors ought to steer clear of Beyond Meat due to weakening consumer demand for alternative meat products, analysts from Mizuho said after the stock rocketed higher earlier this week. The investment bank, which has an underperform rating on shares, lowered its price target for the animal-free meat company to $1.50 from $2.00, implying 50% downside. Beyond Meat once sold for almost $240 a share at the height of the meat alternative craze in the summer of 2019, after Goldman Sachs, JP Morgan and Credit Suisse brought it public at $25 a share in a May 2019 initial public offering. At…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses what the September CPI report and slew of earnings reports indicate for both markets and the health of the U.S. economy with Peter Boockvar, chief investment officer at One Point BFG Wealth Partners.04:38Fri, Oct 24 20255:31 PM EDT Source link
U.S. President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty ImagesTop economic officials from the U.S. and China kickstarted talks in Kuala Lumpur on Saturday to avert an escalation of their trade war and ensure that a meeting happens next week between U.S. President Donald Trump and Chinese President Xi Jinping. The talks on the sidelines of the Association of Southeast Asian Nations summit will chart a path forward after Trump threatened new 100%…
Meta is facing new pressure from OpenAI, the juggernaut behind ChatGPT, which is now making waves in short-form video with its viral hit, Sora 2. The new app combines AI-powered video generation with a social feed that mimics TikTok and Instagram Reels. Less than five days after its Sept. 30 launch , Sora 2 racked up over a million iOS downloads for Apple devices, despite being invite-only. That pace outstripped downloads for the ChatGPT app when it launched in May 2023, six months after the AI chatbot debuted on web browsers, marking the start of its historic rise in popularity…
U.S. President Donald Trump gestures during an announcement regarding his administration’s policies against cartels and human trafficking, from the State Dining Room at the White House in Washington, D.C., U.S., Oct. 23, 2025. Jonathan Ernst | Reuters China on Thursday concluded its “Fourth Plenum,” a meeting aimed at setting out the country’s development agenda for the next five years. Beijing will focus on domestic consumption, self-reliance in technology as well as the agricultural and manufacturing sectors.In the U.S. economy and markets — generally considered the exemplar of free-market capitalism — the government’s handprints have started becoming visible, if you squint…
Taylor Swift (L) and Travis Kelce are seen in the Meatpacking District on Dec. 28, 2024 in New York City. TheStewartofNY | GC Images | Getty ImagesCompany: Six Flags Entertainment (FUN)Business: Six Flags Entertainment is a regional amusement-resort operator with approximately 27 amusement parks, 15 water parks and nine resort properties across 17 states in the United States, Canada and Mexico. The company provides memorable experiences to millions of guests every year with coasters, themed rides, thrilling water parks, resorts and a portfolio of intellectual property such as Looney Tunes, DC Comics and Peanuts. The company’s parks include Hurricane Harbor…
CNBC’s “Fast Money” team looks at Zoom’s stock performance with Carter Worth of Worth Charting. Source link
IRVINE, Calif. — Taco Bell is going all in on beverages, starting with its Live Más Café concept.The Yum Brands chain unveiled the drink-focused store format last December, with the first location in Chula Vista, California. Ten months later came the second location, near the University of California, Irvine campus. By the end of the year, Taco Bell is projecting that it will have 30 Live Más Cafés in its portfolio, across Southern California, Dallas and Houston.Unlike McDonald’s now-defunct CosMc’s spinoff, which had its own standalone locations, the Live Más Café lives inside existing Taco Bell restaurants. Customers order at…
Earnings season next week goes into overdrive as more than 150 companies in the S & P 500 report their quarterly results. Most of the “Magnificent Seven” tech firms are among them. With Tesla already out and Nvidia not out until Nov. 19, that leaves Alphabet and Club names Amazon , Apple , Meta Platforms , and Microsoft . In total, 10 companies in the portfolio are on next week’s list. Here is where Jim Cramer stands on each. Tuesday Corning reports its third-quarter earnings before Tuesday’s open. The specialty glass maker is our newest stock in the portfolio. We…
