Author: Editor-In-Chief

block announced Wednesday that it expects its gross profit to grow by mid-teens per year for the next three years, reaching about $15.8 billion in 2028. At the payments company’s first Investor Day event since 2022, Block presented his three-year financial outlook. The announcement came as Wall Street grew skeptical of Mr. Bullock’s outlook, sending stocks down more than 30% in 2025 while major indexes posted solid gains. Block’s stock initially halted trading around the time of the announcement, but then soared 9% when trading resumed. The new guidance comes two weeks after Block reported quarterly results, missing revenue estimates…

Four men have been indicted on federal criminal charges related to the export scheme. Nvidia Court documents show millions of dollars worth of tips are being sent to China and Hong Kong in violation of strict U.S. regulations.The chips are used for artificial intelligence and supercomputing applications, and their exports are severely restricted, according to an indictment unsealed Thursday in U.S. District Court in Tampa, Florida.One of the defendants, Brian Curtis Raymond, 46, of Huntsville, Alabama, was identified last week as the chief technology officer of a Virginia artificial intelligence cloud company that announced plans to merge to allow its…

NEW YORK (AP) — Walmart had another outstanding quarter of the year, reaching a wide range of shoppers, including cash-strapped Americans and wealthy Americans increasingly worried about the economy, posting stronger sales and profits that beat Wall Street expectations.The nation’s largest retailer raised its earnings outlook Thursday after a strong third quarter, setting the stage for a strong holiday season as other retailers lowered their forecasts.Bentonville, Ark.-based Walmart also announced Thursday that it will move its common stock listing from the New York Stock Exchange to the tech-heavy Nasdaq. The company’s common stock is expected to begin trading on the…

The US president’s deployment of troops to US cities has been controversial, prompting alarm and a series of legal challenges.Published November 21, 2025November 21, 2025Click here to share on social mediaShare 2shareA federal judge says the Trump administration must suspend the deployment of the National Guard to Washington, D.C., a setback for the president’s push to send the National Guard to cities across the country.U.S. District Judge Gia Cobb suspended the deployment in Thursday’s ruling in response to a lawsuit filed by city officials accusing President Trump of usurping police powers and using the military to enforce domestic law.Recommended stories…

Editor’s note: This account of the investigation into the Louvre robbery is based on public statements from prosecutors, museum officials, and French and American investigators who agreed to interviews with CNN on condition of anonymity. Saturday evening, October 25, marked the fourth day that surveillance teams had been tracking the 34-year-old Algerian suspect in the Paris suburb of Seine-Saint-Denis. Work was stressful and boring. More than 130 nationalities live in Seine-Saint-Denis, many of them from North Africa. It was difficult for the surveillance team (a division of the Paris police department known as Recherche et d’Intervention (BRI)) to integrate into…

Sky Sports News understands that Crystal Palace believe that only Liverpool could try to sign Marc Gehi in January.It is believed around Selhurst Park that other major European teams interested in Guehi may only intend to sign him as a free agent next summer. Liverpool remain interested in Guehi after a late deal to sign him for £35m fell through on deadline day in the summer. It remains to be seen whether their hope is to sign him in January or as a free transfer next summer, but there is competition from some of Europe’s biggest clubs, particularly Bayern Munich.Real…

Despite being a major global polluter, the military remains exempt from climate change reporting, creating a blind spot that threatens the entire COP30 roadmap.by brendan mckieDirector of the Climate Action Beacon at Griffith University, Australia.Published November 20, 2025November 20, 2025Click here to share on social mediaShare 2shareCOP30 negotiations in Belem have entered their final stages, with hopes that countries may finally agree on a roadmap to phase out fossil fuels. This is a crucial breakthrough if we are serious about maintaining temperatures of 1.5 degrees Celsius. But even at this pivotal moment, one major highway remains missing from the roadmap,…

From electronic health records and blood tests to data streams from wearable devices, the amount of health information people generate is rapidly increasing. However, many users struggle to connect this large amount of data in meaningful ways and actually use it to improve their health. Function Health provides routine clinical testing services to help people track their health, but they want to change that by integrating health data and making it available to customers by connecting it to AI models. To further this effort, the company recently raised $298 million in a Series B round led by Redpoint Ventures at…

Cleveland Fed President Beth Hammack said Thursday that she believes the central bank may be nearing the end of its short-term rate cutting cycle.The policymaker told CNBC that he believes current interest rate levels have “little, if any, constraint” on the economic impact. Restraint is a key metric for Fed officials, who are ideologically divided over whether the labor market downturn or inflation is the bigger threat. Hammack is more in the hawkish camp when it comes to inflation, favoring higher interest rates and more restrictive policies as a bulwark against further price spikes.”I think we need to maintain a…

CNBC’s Jim Cramer said Wednesday that TJX, the owner of TJ Maxx, is “the best guy right now” in a disadvantaged retail industry. He didn’t have much praise for Target. Mr. Cramer’s comments came after the companies reported vastly different earnings stories before the opening bell rang on Wall Street. TJX, which also owns the Marshalls and HomeGoods chains, delivered better-than-expected profits and sales in the third quarter. CEO Ernie Herman said the holiday season was off to a “strong start”. TJX stock hit an intraday high before the rally lost momentum. S&P 500 stocks are up about 22% since…