Workflow
A 'new adventure' for charitable giving, itemizing under OBBBA
Yahoo Finance· 2025-09-11 21:19
"That's an advantage, and that's an advantage that can be used by the vast, vast majority of people who are not itemizing anymore," Bisaro said of the new charitable deduction under OBBA. "For real high earners, it slightly reduced the benefits."It also shows how the alterations to charitable strategies under OBBBA generally will vary based on income, wealth and, especially, whether a household itemizes or not, noted Mike Bisaro, president and CEO of Troy, Michigan-based registered investment advisory firm ...
Vortex Metals Announces Non-Brokered Private Placement
Newsfile· 2025-09-11 21:17
Core Viewpoint - Vortex Metals Inc. is conducting a non-brokered private placement to raise up to $600,000 through the sale of units priced at $0.04 each, which will consist of common shares and warrants [1][2]. Group 1: Offering Details - The offering will consist of a maximum of 15,000,000 units, with each unit comprising one common share and one-half of a common share purchase warrant [2]. - Each whole warrant allows the holder to purchase an additional share at an exercise price of $0.08 for 36 months from issuance [2]. - An acceleration clause is included, allowing the company to expedite the expiry of warrants if the share price exceeds $0.15 for 10 consecutive days after 18 months [3]. Group 2: Use of Proceeds - The company plans to allocate approximately 40% of the proceeds for mining concession fees, another 40% for exploration fees, and the remaining 20% for general working capital [3]. Group 3: Regulatory and Compliance - All securities issued will be subject to a hold period of four months and one day from the issuance date, in accordance with applicable securities laws [5]. - The completion of the offering is contingent upon receiving necessary regulatory approvals, including from the TSX Venture Exchange [5]. Group 4: Company Overview - Vortex Metals Inc. focuses on copper-gold exploration and development, holding interests in projects in Chile and Mexico, including the Illapel Copper Project and two drill-ready properties in Oaxaca [7].
Why Did Circle Internet Stock (CRCL) Skyrocket Today?
Yahoo Finance· 2025-09-11 21:15
Key Points The last data points the Federal Reserve will consider before making its decision next week were released today. Inflation was hotter than expected, but so was unemployment. Markets are now fairly certain that the Federal Reserve will lower rates. 10 stocks we like better than Circle Internet Group › Shares of Circle Internet (NYSE: CRCL) jumped on Thursday, finishing the day up 17.8%. The rise came as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.8% ...
Wall Street trader hits $5 million jackpot with well-timed bet on Warner Bros stock
New York Post· 2025-09-11 21:15
An unknown Wall Street trader reportedly hit a jackpot worth $5 million after betting on Warner Bros Discovery stock — just hours before news broke that Paramount Skydance is eying a bid for the floundering media giant.Just after 11 a.m. ET on Thursday, the unidentified investor splashed out nearly $6 million on 100,000 Warner call options — a contract between two parties to exchange an asset at a set price with a fixed period of time – when the company’s shares were trading at $13.10, according to Bloomber ...
'We will do better.' Microsoft CEO Nadella admits company has to rebuild trust with employees
CNBC· 2025-09-11 21:14
Core Viewpoint - Microsoft is facing internal challenges regarding employee relations after recent layoffs and a return-to-office mandate, while still experiencing positive market performance and growth [1][5]. Group 1: Employee Relations and Culture - Microsoft CEO Satya Nadella acknowledged the need to improve relations with employees following layoffs and a return-to-office policy [1][2]. - Employees expressed concerns about a perceived lack of empathy in the company's culture, prompting Nadella to commit to rebuilding trust [2]. - Human resources chief Amy Coleman noted mixed reactions to the return-to-office announcement, with some employees feeling a loss of autonomy [3]. Group 2: Layoffs and Return-to-Office Policy - Microsoft laid off 9,000 employees in July, following smaller reductions earlier in the year [2]. - Starting in February, employees near the Redmond headquarters will be required to work in the office three days a week, with plans for a broader rollout [2]. Group 3: Market Performance - Despite internal criticisms, Wall Street has responded positively to Microsoft's growth, with the stock rising nearly 20% this year [5]. - Microsoft's market capitalization reached $3.7 trillion, making it one of the most valuable companies globally, second only to Nvidia [5]. Group 4: Financial Performance - In July, Microsoft reported a 24% increase in net income to $27 billion, although its gross margin decreased to under 69% from 71% in late 2023 [6]. - The company is rapidly expanding its data center infrastructure to meet the growing demand for artificial intelligence [6].
Copa Holdings Announces Monthly Traffic Statistics for August 2025
Globenewswire· 2025-09-11 21:13
Core Insights - Copa Holdings reported a 5.8% increase in capacity (ASM) for August 2025 compared to August 2024, reaching 2,755.1 million available seat miles [1] - Revenue passenger miles (RPM) increased by 9.8% year-over-year, totaling 2,432.2 million for August 2025 [1] - The load factor for August 2025 was 88.3%, which is 3.2 percentage points higher than the load factor in August 2024 [1] Company Overview - Copa Holdings is a prominent provider of passenger and cargo services in Latin America, serving countries across North, Central, and South America, as well as the Caribbean [2] - The company operates through its subsidiaries, enhancing its service offerings in the region [2] Definitions - Available seat miles (ASM) is calculated by multiplying the aircraft seating capacity by the number of miles flown [2] - Revenue passenger miles (RPM) measures the number of miles flown by revenue-generating passengers [2] - Load factor indicates the percentage of aircraft seating capacity that is utilized [2]
Going to take Adobe awhile to get over technology transition to AI, says Oppenheimer's Schwartz
Youtube· 2025-09-11 21:13
On the other side of things, shares of Adobe moving higher by 4% on the back of earnings and a revenue beat. The company also guiding slightly above estimates. It's been a rough go for Adobe for a couple years now.Hasn't participated in the AIdriven tech rally. Stocks down 20% this year coming into today's print. Now trades at its lowest valuation in more than a decade.Joining me now is Oenheimer senior analyst Brian Schwarz. Has an outperformed rating on the stock. Brian, this is very different from the cl ...
Gemini's IPO rides the crypto craze to further the fortunes of the Winklevoss twins
MarketWatch· 2025-09-11 21:10
IPO for the crypto currency exchange founded by billionaires Tyler and Cameron Winklevoss ups its price range ahead of its debut, in a sign of strong interest. ...
US oil titan to cut up to 25% of its workforce — impacting thousands. So what happened to ‘drill baby drill’?
Yahoo Finance· 2025-09-11 21:10
The report blamed large OPEC+ inventories and increased production, adding an expectation of prices hovering around $51 a barrel in early 2026. It also included a prediction that, next year, rising natural gas prices and falling oil prices will result in crude oil trading “at its lowest premium to natural gas since 2005.”Earlier this week, the U.S. Energy Information Administration released a short-term energy outlook [5] that warned of a significant decline in Brent crude oil production and prices — from $ ...
Adobe shares spike on Q3 revenue beat
Youtube· 2025-09-11 21:07
Okay guys, hold tight. Adobe earnings are out and the stock is heading higher by about 6%. Haven't said that in a while.Mackenzie Sagalos with the numbers. Mac, hey John, that 6% bump up coming after a beat across the board. We've got adjusted EPS of $5.31%.518 is what the street had been looking for on revenue coming in at 5.99% billion versus 5.91% billion expected. Uh we've got a Q3 ARR for the digital uh media business. This includes its creative cloud subscriptions that came in at 18.59% billion during ...