For investors, the stakes are high for Apple to deliver at its developer conference this week. Apple holds its annual Worldwide Developers Conference in Cupertino, California this week, opened by a keynote address Monday by CEO Tim Cook that many hope will have unveil an artificial intelligence strategy compelling enough to kickstart a new iPhone replacement cycle. That will be important for a stock that has floundered this year, ceding its crown as the world’s most valuable public company after taking a beating from President Donald Trump’s tariffs. The iPhone maker, now trailing Microsoft and Nvidia in market value, is…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailUniversal Orlando Resort opened Epic Universe in May, its biggest theme park investment to date. The new park cost Comcast a reported $7 billion to build, and doubles Universal Orlando’s footprint in Central Florida. Across town, Walt Disney World is also undertaking a massive expansion and facelift after the company announced a historic $60 billion investment in its experiences segment in 2023. This all happening as a possible tourism slowdown could upset the summer travel season. Source link
The Vogtle Unit 3 and 4 site, being constructed by primary contractor Westinghouse, a business unit of Toshiba, near Waynesboro, Georgia, is seen in an aerial photo taken February 2017.Georgia Power | ReutersNuclear equipment supplier Westinghouse is in talks with U.S. officials and industry partners about deploying 10 large reactors, in response to presidential executive orders, the Financial Times reported on Sunday, citing the company’s CEO.President Donald Trump’s executive orders, which were published on May 23, directed the government to cut down on regulations and fast-track licences for reactors and power plants to shrink a multi-year process to 18 months.Dan…
LAFAYETTE, Ind. — President Donald Trump has said he wants to bolster manufacturing jobs and other technical employment in the United States. But in the aviation industry, finding skilled workers to make airplanes and engines — and maintaining those jobs for years to come — has been a struggle.The average age of a certified aircraft mechanic in the U.S. is 54, and 40% of them are over the age of 60, according to a joint 2024 report from the Aviation Technician Education Council and consulting firm Oliver Wyman, which cites Federal Aviation Administration data. The U.S. will be short 25,000…
China’s electric car price war shows little sign of letting up, putting more pressure on companies to survive. Tesla ‘s China sales fell by 15% in May from a year ago, China Passenger Car Association data showed. BYD , in contrast, reported a 14% year-on-year sales increase as it held onto first place in the market by volume, but even it had to announce sharp discounts as sales growth slowed from April’s pace. “We expect additional price competition in the coming weeks as BYD is still lagging behind its sales target,” said a team of analyst led by CLSA analyst…
CFOTO | Future Publishing | Getty ImagesMacro uncertainty is keeping the market volatile, but investors ought to keep their focus on stocks that can provide compelling long-term returns.Top Wall Street analysts’ recommendations can help inform investors as they pick the right stocks that can weather short-term pressures with solid execution and generate impressive returns over the long term.With that in mind, here are three stocks favored by the Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.NvidiaSemiconductor giant Nvidia (NVDA) is this week’s first stock pick. The company reported market-beating results for the first…
WASHINGTON DC, UNITED STATES – MAY 30: United States President Donald Trump departs at the White House to U.S. Steel’s Irvin Works in West Mifflin, Pennsylvania in Washington D.C May 30, 2025. Celal Gunes | Anadolu | Getty ImagesAs the Senate weighs President Donald Trump’s multi-trillion-dollar spending package, a lesser-known provision tucked into the House-approved bill has pushback from Wall Street.The House measure, known as Section 899, would allow the U.S. to add a new tax of up to 20% on foreigners with U.S. investments, including multinational companies operating in the U.S.Some analysts call the provision a “revenge tax” due…
President Donald Trump says he’s deploying 2,000 California National Guard troops to Los Angeles to respond to immigration protests, over the objections of California Gov. Gavin Newsom.It’s not the first time Trump has activated the National Guard to quell protests. In 2020, he asked governors of several states to send troops to Washington, D.C. to respond to demonstrations that arose after Minneapolis police officers killed George Floyd. Many of the governors he asked agreed, sending troops to the federal district. The governors who refused the request were allowed to do so, keeping their troops on home soil.This time, however, Trump…
Senator Miguel Uribe Turbay looks on after the Senate voted against the government labor reform referendum promoted by Colombia’s President Gustavo Petro in Bogota on May 14, 2025. A Colombian right-wing opposition senator and candidate for next year’s presidential election, Miguel Uribe Turbay, 39, was shot and wounded in Bogota on June 7, 2025, various media reported, while the government denounced an “attack.” (Photo by Raul ARBOLEDA / AFP) (Photo by RAUL ARBOLEDA/AFP via Getty Images) Raul Arboleda | Afp | Getty ImagesColombian Senator Miguel Uribe was shot in Bogota on Saturday, according to the government and his party, and local media…
A members of Taiwan’s coast guard runs with a stretcher as he participates in a drill on Taiping island.Michelle Yun | Afp | Getty ImagesTaiwan’s coast guard held drills with the military on Sunday to better practice joint operations in the face of what the government in Taipei says is a growing “grey zone” threat from China, which claims the island as its own territory.Democratically governed Taiwan has repeatedly complained about activities such as undersea cable cutting and sand dredging by China around the island, designed to pressure it without direct confrontation.It is often Taiwan’s coast guard that scrambles first…
