Since mid-week, analysts and investors alike have been bearish on the company's recent performance.Dividend King ABM Industries (ABM 9.91%) wasn't looking so regal on Thursday. Following two bearish post-earnings analyst moves, investors aggressively sold the stock, resulting in a nearly 10% decline in value. Fourth-quarter flopBaird's Andrew Wittmann downgraded his recommendation on ABM. He now feels the industrial services company is a neutral, rather than a buy. He also reduced his price target to $51 pe ...

Core Insights - The quarter has shown strong performance for FedEx, driven by effective cost-cutting measures and revenue growth [1][3] - FedEx has implemented a structural cost reduction program, achieving $4 billion in savings over the last three years, with a target of $1 billion for the current year [2] - The company is experiencing growth in key verticals such as healthcare, aerospace, defense, and data centers, particularly in relation to AI investments [4] Financial Performance - FedEx's revenue growth is highlighted as a critical aspect of the quarter, emphasizing its role as a key player in the industrial economy [3] - The company has successfully executed its long-term plans, leading to improved operational performance [4] Strategic Focus - FedEx is concentrating on differentiation and providing new value to customers, which is essential for maintaining its competitive edge [3] - The company is winning market share in various sectors, indicating a positive trajectory in its strategic initiatives [4]

Asian share markets rebounded on Friday as a turnaround in tech lifted Wall Street, ‍leaving investors counting down to a likely hike in interest rates from the Bank of Japan that could cause waves for currencies and bonds.Sentiment also got a boost ​from a shock slowdown in US consumer price inflation to 2.7 per cent, though analysts cautioned the data were clearly distorted lower by the government shutdown and could not be taken ⁠at face value.Pricing for the Federal Reserve moved only marginally with a r ...

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Pioneer AI Foundry Inc. (Cboe CA: JPEG) (FSE: 6NU0) ("Pioneer" or the "Company"), is pleased to announce the voting results from its annual general meeting (the "Meeting") held on December 18, 2025. The total number of shares represented by shareholders present in person and by proxy at the Meeting was 44,455,773 shares representing 47.36% of Pioneer's issued and outstanding common shares.All of the matters put forward before shareholders ...

Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-loss levels. The mentioned resistances and supports will be the exit levels. Do note that the recommendations are based on Technical Analysis and there is a risk of loss in trading. ₹980 • HDFC BankS1S2R1R2COMMENT978975986991Go long now and at 979. Keep the stop-loss at 977 ₹1627 • InfosysS1S2R1R2COMMENT1618160016401655Go long only above 1640. Keep the stop-loss at 1635 ₹400 • ITCS1S2R1R2COMMENT398396402404R ...

DoorDash, Inc. announced Wednesday it is launching a new grocery shopping app inside OpenAI’s ChatGPT platform, just one week after rival Instacart unveiled a similar feature. The food delivery company said the integration will connect ChatGPT’s suggestions with DoorDash’s nationwide grocery network, allowing customers to turn recipe and meal ideas "directly into grocery orders delivered in as little as an hour.""This partnership is a major first step toward meeting customers where they look for inspiration ...

Consumer Spending and Market Dynamics - The recent consumer spending data indicates a potential beginning of a Santa Claus rally, with the Dow advancing 66 points and the NASDAQ surging 1.38% [2] - Consumer spending, which constitutes two-thirds of the economy, has shown signs of improvement, particularly as inflation rates decline [4][8] - Retail performance has been mixed, with Walmart performing well due to its strategy of keeping prices low, while other retailers like Nike are struggling [3][11] Inflation Trends - The core Consumer Price Index (CPI) has fallen to a four-year low, suggesting that inflation may have peaked and is starting to decline positively [8][9] - Various costs, including gasoline and used car prices, are decreasing, which could enhance consumer spending power [9][10] - Home prices are also reportedly coming down, with some average selling prices now below 2019 levels [10] Technology Sector Insights - The technology sector has faced skepticism regarding unlimited data spending, particularly with Oracle raising $18 billion for data center buildouts [5][6] - OpenAI is attempting to raise $100 billion at an increased valuation of $830 billion, which could support aggressive data center expansion and positively impact stocks like Nvidia and Broadcom [6][7] - The market has shown a broadening rally beyond tech, with significant gains in financials and autos, indicating a shift in investor sentiment [16][22] Retail Sector Performance - Retail stocks have seen positive movements, with companies like Darden, Texas Roadhouse, and Target reporting gains [12] - Amazon's e-commerce platform remains a significant contributor to its overall performance, despite the focus on Amazon Web Services [13] - The overall retail sector is poised for growth, coinciding with the holiday season and improving consumer sentiment [16]

Core Points - TikTok's Chinese owner, ByteDance, has signed a deal to sell its US arm to American investors, ensuring the platform's continued operation in the United States [1] - The deal is set to close on January 22, 2026, ending years of uncertainty regarding TikTok's future in the US [1] - The sale follows a law signed by President Joe Biden that mandated ByteDance to divest its US operations or face a ban [2][4] Company Structure - The deal involves the sale of just over 80% of TikTok's US assets to three major investors: Oracle, Silver Lake, and MGX, who will form a new venture called TikTok USDS Joint Venture LLC [5][6] - The new venture will be 50% owned by the consortium of US investors, with existing ByteDance investors holding 30.1% and ByteDance retaining 19.9% [6] - A new seven-member majority-American board of directors will be established, and the venture will implement terms to protect American data and national security [6] Data Management - User data from the US will be stored locally, addressing concerns regarding data privacy and security [7]

The San Francisco-based fintech company is positioning the token as a tool for 24/7 settlement across card networks, retailers and businesses, calling it a "key element" for “Blockchain is a technology super cycle that will fundamentally change finance,” SoFi CEO Anthony Noto said in a statement.Crypto TrackerTOP COINS (₹) Tether90 (-0.21%)Ethereum254,546 (-0.69%)Bitcoin7,705,562 (-1.2%)BNB74,834 (-2.03%)XRP161 (-4.47%)Live EventsSoFi has not said it that it would hold short-term investments as reserves, a ...

Core Viewpoint - The Ademi Firm is investigating VYNE for potential breaches of fiduciary duty and legal violations related to its transaction with Yarrow Bioscience [1] Transaction Details - In the transaction, pre-Merger VYNE shareholders are expected to own approximately 3% of the combined company, while pre-Merger Yarrow shareholders are expected to own approximately 97% [2] - VYNE insiders are set to receive substantial benefits as part of change of control arrangements [2] Board Conduct Investigation - The transaction agreement imposes significant penalties on VYNE for accepting competing bids, which may limit competing transactions unreasonably [3] - The investigation focuses on whether the VYNE board of directors is fulfilling their fiduciary duties to all shareholders [3]