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Inflation Jumped Again In August As Interest Rate Meeting Looms
Forbes· 2025-09-11 13:15
ToplineInflation worsened as expected in August as President Donald Trump’s tariffs continued to raise consumer prices, according to data released Thursday by the Bureau of Labor Statistics, the last economic report under consideration by the Federal Reserve as it considers interest rate cuts next week. The Federal Reserve meets next week to decide whether to lower interest rates for the first time since December.AFP via Getty ImagesKey FactsConsumer prices increased 2.9% last month from August 2024 and 0.4 ...
Down 36% In A Day, Should You Buy SNPS Stock?
Forbes· 2025-09-11 13:15
Synopsys (SNPS) stock is down 35.8% in a day. The sell-off comes as the semiconductor design software vendor posted quarterly results that missed analysts’ expectations, while also lowering its full-year outlook as demand for its design intellectual property fell. This is a concern for investors, as IP has been viewed as a high-margin, recurring revenue stream for the company.CHONGQING, CHINA - MAY 25: In this photo illustration, the logo of Synopsys is displayed on a smartphone screen, with the company's p ...
What Next For MGM Stock?
Forbes· 2025-09-11 13:15
Core Viewpoint - MGM Resorts International has experienced a significant decline in stock value, with a cumulative loss of -9.4% over the past seven days, raising questions about the potential for a rebound or further decline [1][4]. Financial Performance - The company has lost approximately $926 million in market value during the last week, bringing its current market capitalization to about $9.8 billion [4]. - Despite the recent downturn, MGM's stock remains 3.8% above its value at the end of 2024, while the S&P 500 has shown year-to-date returns of 11.1% [4]. Business Operations - MGM has faced challenges in its Las Vegas operations, particularly due to room remodel impacts at the MGM Grand and weaker performance in table games [3]. - However, these issues have been somewhat mitigated by stronger performance in the international market and growth in the digital segment [3]. Market Sentiment - The ongoing losing streak may indicate shifting investor sentiment or deeper concerns regarding the company's fundamentals, suggesting that sustained weakness could either signal further downside or present a buying opportunity if the fundamentals remain intact [5][6].
F5: Will FFIV Stock Rally Continue?
Forbes· 2025-09-11 13:15
Group 1 - F5, Inc. has experienced a strong upward trend, gaining 6.5% over the past six trading days, adding approximately $1.2 billion to its market capitalization, now valued at around $19 billion [2] - The stock's year-to-date return is 29.9%, significantly outperforming the S&P 500's gain of 11.1% during the same period [2] - F5 participated in the Goldman Sachs Communacopia + Technology Conference, outlining its strategy for addressing challenges in hybrid and multi-cloud environments [3] Group 2 - F5 provides multi-cloud application security and delivery solutions, along with professional services for large enterprises to ensure the performance, availability, and protection of their network applications [4] - The recent strong performance of F5's stock raises questions for investors about whether to buy more or secure their gains [4] - A multi-day advance in stock price can reflect rising investor confidence, potentially leading to follow-on buying [6]
What’s Happening With KLA Stock?
Forbes· 2025-09-11 12:29
KLA (NASDAQ:KLAC) stock has now logged five straight sessions of gains, climbing a total of 11% over that stretch. The company provides process control and yield management solutions for semiconductor industries, including defect inspection, metrology (the science of measurement), process monitoring, computational lithography, and data analytics products.The rally has been fueled by growing expectations of a Federal Reserve rate cut this month, which has lifted sentiment across tech and semiconductor stocks ...
Opendoor - OPEN Stock To $3?
Forbes· 2025-09-11 10:45
CHONGQING, CHINA - JULY 31: In this photo illustration, a smartphone displays the logo of Opendoor Technologies Inc. (NASDAQ: OPEN), an American online real estate platform for buying and selling homes, in front of a screen showing the company's latest stock market chart on July 31, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty ImagesOpendoor Technologies (NASDAQ: OPEN), the trailblazer of the iBuying model in real estate, has surged significantly in 2025, increasing nearly 2 ...
These States Are Home To The Most Forbes 400 Billionaires In 2025
Forbes· 2025-09-11 10:30
Core Insights - The Forbes 400 ranking for 2025 highlights that extreme wealth in the U.S. is concentrated in a few populous states, with California, New York, Florida, and Texas accounting for nearly two-thirds of the total wealth of $6.6 trillion [1][2][3] State Summaries - **California**: Home to 85 billionaires, an increase from 83 last year, with a combined worth of $1.7 trillion. Larry Ellison leads with a fortune of $276 billion, regaining the top spot from Mark Zuckerberg [2][19] - **New York**: Hosts 57 billionaires, up by 3 from last year, with a total worth of $690.9 billion. Michael Bloomberg is the richest resident at $109 billion [3][18] - **Florida**: Now has 49 billionaires, down from 54 last year, with a total worth of $716.3 billion. Jeff Bezos is the richest Floridian at $241 billion [3][17] - **Texas**: Maintains 43 billionaires, with a combined worth of $1 trillion for the first time. Elon Musk is the richest Texan at $428 billion, having moved from California [4][16] - **District of Columbia**: Now includes Michael Sabel as a new member of the Forbes 400, while the total number of states represented has decreased to 38 from 40 [5] - **Michigan**: Returns to the top 10 with 8 billionaires worth $80.1 billion, led by Daniel Gilbert at $26.7 billion [8] - **Massachusetts**: Tied for 8th place with 9 billionaires worth $98.8 billion, with Abigail Johnson as the richest at $35 billion [10] - **Nevada**: Also tied for 8th with 9 billionaires, now worth $111.7 billion, led by Miriam Adelson at $37.9 billion [11] - **Georgia**: Holds 10 billionaires worth $93.2 billion, with the wealthiest being the Cathy siblings at $13.7 billion each [12] - **Pennsylvania**: Has 11 billionaires worth $141.8 billion, with Jeff Yass leading at $65.7 billion [13] - **Illinois**: Features 16 billionaires worth $132.8 billion, with Lukas Walton as the richest at $39.8 billion [15]
Another Economic Scandal Is Brewing That Trump Must Confront
Forbes· 2025-09-11 10:25
U.S. President Donald Trump speaks in front of posters depicting household income data in the Oval Office on August 07, 2025. (Photo by Win McNamee/Getty Images)Getty ImagesThere’s another scandal involving a critical government statistic on the economy.Everyone is focused on the appalling state of how the federal government calculates job creation. The Bureau of Labor Statistics (BLS) just released drastic revisions to the number of jobs created for the 12-month period ending in March of this year. Job gro ...
Should You Buy Or Fear QMMM Holdings Stock?
Forbes· 2025-09-11 10:05
Company Overview - QMMM Holdings, a digital media and virtual apparel firm based in Hong Kong, has announced a strategic shift towards blockchain and artificial intelligence, resulting in significant stock fluctuations [2][3] - The company's stock surged over 1,700% to $207 during regular trading but fell 59% in after-hours trading, stabilizing at approximately $80 in pre-market hours, still about eight times the opening level [2] Strategic Initiatives - QMMM plans to create a $100 million cryptocurrency treasury, anchored by Bitcoin for stability, and will utilize Ethereum for its AI-driven smart contract platform to facilitate Web3 expansion [3] - The company aims to establish a "crypto-autonomous ecosystem" integrating AI and blockchain technologies, including a crypto analytics platform, marking a significant realignment from its previous focus on digital advertising and virtual apparel [3] Market Context - The shift towards cryptocurrency treasury strategies is becoming more common among publicly traded companies, with firms reallocating cash reserves into digital assets to attract younger, tech-oriented investors [4] - QMMM's approach mirrors that of MicroStrategy, which has accumulated significant Bitcoin holdings, but the associated risks are evident, particularly in terms of liquidity challenges and the volatility of cryptocurrencies [4][5] Investment Considerations - The cryptocurrency market remains highly volatile, with potential for double-digit price swings, which poses risks for companies committing substantial portions of their balance sheets to digital assets [5] - The initial excitement surrounding QMMM's announcement has led to speculative increases in stock price, but the subsequent decline in after-hours trading indicates investor uncertainty regarding the company's ability to execute its ambitious plans [5]
Best Stocks to Buy Now for September 2025
Forbes· 2025-09-11 10:00
Core Viewpoint - The stock market is expected to see a shift from large-cap dominance to a focus on high-growth midcap stocks in the latter part of 2025, with potential changes in interest rates and inflation impacting investor sentiment [2][27]. Group 1: Stock Recommendations - Five stocks are highlighted for September 2025, characterized by optimistic outlooks, positive cash flow, and manageable debt levels [3]. - The stocks are ranked by market capitalization, with detailed metrics provided for each [3]. Group 2: Monday.com Ltd. (MNDY) - Expected EPS growth for Monday.com is over 25%, with a price target upside above 35% [4]. - The stock price is currently $193, with an expected EPS of $0.62 for 2024 and a projected growth of 550.4% this year [5]. - The company has a positive free cash flow and a debt/free cash flow ratio under 2, indicating strong financial health [4]. Group 3: Wix.com Ltd. (WIX) - Wix.com has a strong buy rating from eight analysts, with an average price target of $214.84 and a consensus EPS target of $6.92 for 2025, up from $2.36 in 2024 [11]. - The company has seen free cash flow grow from $32 million in 2022 to $488 million in 2024, driven by increased demand for its services [11]. Group 4: Dolby Laboratories (DLB) - Dolby has a strong buy rating from two analysts, with an average price target of $102.25 and a consensus EPS target of $4 for fiscal 2025, up from $2.69 in fiscal 2024 [14]. - The company reported $68 million in operating cash flow in the last quarter and has $777 million in cash and investments on its balance sheet [15]. Group 5: Krystal Biotech (KRYS) - Krystal Biotech is rated a strong buy by seven analysts, with an average price target of $204.90 and a consensus EPS target of $5.06 for 2025, up from around $3 in 2024 [20]. - The company estimates a global market opportunity for its product Vyjuvek exceeding $1 billion, with plans for expansion into various markets [21]. Group 6: Harmony Biosciences Holdings (HRMY) - Harmony Biosciences has a strong buy rating from five analysts, with an average price target of $55.33 and a consensus EPS expectation of $3.21 for 2025, up from $2.51 in 2024 [24]. - The company's flagship product, Wakix, generated $714.7 million in sales for 2024, reflecting a 20% annual gain [25].