The Daily News Now! Business

Want to invest in finance? Pick between IYF (big, broad, stable) or KRE (smaller banks, higher yield, more risk). KRE pays more in dividends and outperformed IYF in the last year, but it’s wilder and dropped over 50% in a bad stretch. IYF is safer, with giants like JPMorgan and Berkshire. Choose based on your risk appetite and whether you’re betting on falling rates. Listen in comfort: Get a disco...

Stacking paper without lifting a finger? Hit $1K in passive income yearly with just $20K at a 5% dividend yield—Enbridge’s energy pipeline network is a cash machine, paying steady dividends for 70+ years with a 9% annual growth streak. Sure, it’s got debt and fossil fuel baggage, but the cash flow keeps rolling in. Just know: top analysts have a list of 10 stocks that could outperform the S&P 500—...

Bitcoin holds steady near $63K as crypto markets rebound, buoyed by renewed legislative momentum with a potential Crypto Clarity Act draft expected next week. Ethereum and Solana edge higher, with Solana surging nearly 20% in a month thanks to rising DeFi and real-world asset activity — but sustained growth hinges on big player interest. Broader market optimism, reflected in a Nasdaq bounce, signa...

Carnival’s stock surged over 5% after its board announced a 15-cent-per-share dividend, signaling confidence in its finances — though the jumpy stock remains down 13% year-to-date. While analysts still rate it a “buy,” the move didn’t fundamentally alter market sentiment. With fuel costs rising and travel rebounding, the cruise giant could be on the cusp of recovery — especially for long-term inve...

FuboTV is entering a new era with Alisa Bowen, former Disney+ president, taking the CEO reins starting July 10th — a major move signaling a strategic pivot toward dominating the streaming wars. Bowen, with nearly three decades of leadership across Disney+, Hulu, ESPN+, and News Corp, brings elite experience to steer FuboTV’s next chapter. Co-founder David Gandler, who built the company from scratc...

Christine Lagarde shuts down speculation about running for French president, reaffirming her focus on Europe’s stability while leaving open how she’ll push her vision—whether through current ECB duties or future roles. As far-right leader Marine Le Pen clears legal hurdles to run, Lagarde’s message is clear: Europe must stay united. Meanwhile, ECB markets brace for rate hikes as inflation targets...

Business Secretary Peter Kyle is firing up the debate by demanding pension fund managers invest more in the UK — even suggesting a legal mandate if they don’t comply. He frames it as a patriotic duty, frustrated by the City’s lack of action. But pension bosses push back hard, arguing their job is to maximize returns for savers, not serve political agendas. Critics call Kyle’s proposal reckless, wa...

Hugo Boss is rejecting Mike Ashley’s Frasers Group’s £1.7 billion offer for its remaining stake, calling it “inadequate” and insisting the company’s true value lies in its future growth potential. CEO Daniel Grieder slammed the bid as undervaluing the brand, while Frasers—already holding 26% and led by Ashley’s son-in-law Michael Murray—saw the acquisition as a strategic expansion play. With share...

Segro’s board has firmly rejected Prologis’s $12.6 billion takeover bid, calling it a lowball attempt to snatch the UK warehouse giant on the cheap — valuing Segro at nearly $18 billion instead. While Prologis bypassed Segro’s leadership to lobby shareholders, citing weak earnings forecasts and massive growth potential in a merged entity, Segro’s chairman Andy Harrison stood firm, insisting the co...

Israel reportedly shared new intel with the U.S. warning of an Iranian plot to assassinate President Trump—fueling global tension amid years of retaliation threats following Soleimani’s killing. With allies treating the intel seriously, the situation underscores the volatile, high-stakes geopolitical chess game unfolding between Washington and Tehran. Listen in comfort: Get a discount on a Soli Pi...

Spire Healthcare just gave hedge fund Toscafund a reprieve—now with until August 6th at 5 PM to finalize their £1 billion takeover bid at 250p per share. Already holding the second-largest stake, Toscafund’s boss Martin Hughes, dubbed “the Rottweiler” for his relentless negotiating style, still has a shot at acquiring the major private healthcare provider serving over 1.4 million patients. The ext...

SolarEdge’s stock surged after UK installer Geo Green Power hailed its inverters and optimizers as “best-in-class,” fueling renewed market interest as global solar demand spikes—especially in the UK and U.S. commercial sectors, where product shortages and strategic battery pricing are driving adoption. Despite the rally, SolarEdge remains below its 2023 highs amid a history of volatile swings. Add...

Diamondback Energy’s stock dipped amid Middle East tensions, despite reports of Iranian strikes and ceasefire talks—showing how energy markets are more driven by geopolitical fear than actual supply-demand shifts. The stock rebounded by day’s end, highlighting shale producers’ sensitivity to conflict and their direct link to shareholder rewards through higher oil prices. But with gains fueled by s...

Middle East tensions between Iran and the U.S. didn’t derail markets—thanks to Trump’s comments hinting at de-escalation, oil prices dipped and the S&P 500 neared an all-time high. AI chipmakers surged as investors shrugged off earlier AI stock fears, with tech—especially memory chip firms—leading the charge. Meanwhile, Michael Burry’s bearish bets on AI added drama to the tech rally, proving glob...

Starbucks is quietly revolutionizing its tech strategy by building its own AI tools to slash $2 billion in costs—cutting out reliance on Microsoft and IBM. The move, aimed at boosting efficiency and control, sent its stock up 3% and reinforced a strong financial quarter with 8.8% revenue growth and beat earnings. With sales surging at existing stores and shares hitting a 52-week high, the coffee g...

AVAX One Technology has cleared Nasdaq’s minimum bid price hurdle after a dramatic reverse stock split, boosting its share price and securing its listing—just in time as crypto treasury firms face tough market headwinds. The company, led by interim CEO Pete Wylie, is now refocusing on growth, leveraging its AVAX token treasury, Bitcoin mining, and emerging AI infrastructure for the “missing middle...

Meta’s entering the paid AI arena with Muse Spark 1.1 API — the first time they’re charging businesses for access to their AI model, positioning themselves against OpenAI and Anthropic with pricing 25% lower. Built for complex, multi-step tasks like coding and agentic functions, it boasts a massive context window and runs multiple sub-agents simultaneously — outperforming Google’s Gemini on key be...

Goldman Sachs just cracked down hard on employee trading, banning bets on prediction markets tied to company outcomes, elections, or global events—no more wagering on whether Goldman gets bought or when a ceasefire hits. Repeat offenders face firing or account shutdowns, and any illegal gains over $200 get clawed back or donated. The move follows a Google insider trading case where an employee all...

NATO’s Ankara summit turned into a whirlwind rollercoaster as Trump reshaped diplomacy in real time—markets shook, allies squirmed, Ukraine held its breath, and Iran lurched toward chaos. From ceasefire threats to sudden “love-in” declarations, Trump’s unpredictable style flipped the script, leaving Europe scrambling and Russia fuming. Erdoğan cashed in on F-35s, Rutte kept the peace, Zelenskyy go...

AstraZeneca just suffered a massive blow as its heart disease drug Wainua failed a key trial, sending its stock plummeting by over £20 billion. The setback threatens its ambitious 2030 revenue targets and could damage its reputation as a clinical trial powerhouse, especially after a recent U.S. rejection of one of its breast cancer drugs. Once a market leader, the company now ranks second on the L...

Despite U.S.-Iran tensions rattling global markets, mortgage rates remain stubbornly stable at around 6.5%, even dipping below last year’s levels. The calm? Thanks to steady Treasury yields and cooled oil prices that eased inflation fears. Experts urge homebuyers not to delay—focus instead on credit scores, down payment strategies, and finding homes that fit your budget. With record-high home pric...

Bitcoin’s price could soar to $150,000 by year-end, according to Wall Street firm Bernstein—up 135% from current levels—but don’t bet on it. While regulatory clarity and institutional buying fuel the optimism, the Digital Asset Market Clarity Act has less than a 50% chance of passing, and major holders are hitting roadblocks. Prediction markets give the $150K target just a 3% shot, and Bitcoin’s p...

Flex’s stock soars nearly 8% after announcing a major U.S.-based partnership with Cerebras Systems to massively scale production of its AI supercomputers—potentially seven times more CS-3 capacity by 2026. The move fuels optimism amid strong recent earnings, with Flex beating revenue and EPS forecasts and raising full-year guidance. While the stock remains below its 2023 peak, long-term investors...

In the 1960s, Texas Instruments revolutionized training by turning inexperienced hires into skilled engineers—fast, with low turnover. Today, the semiconductor industry faces a similar crisis: 67,000 tech jobs could go unfilled by 2030. Experts are revisiting 70s-era models that turned non-engineers into capable pros in just six months—through clarity, motivation, and hands-on learning. Companies...

Oil prices dipped despite Middle East tensions as markets took profits, ignoring military strikes and ceasefire claims—tankers kept moving through Hormuz, calming fears. Energy stocks like APA, Tidewater, and Tenaris fell, but fundamentals remain strong. APA’s stock, though volatile, is still up 32% YTD and trading below its 2026 high—proof the market often overreacts, creating buying opportunitie...