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Key PointsConcerns about a sluggish labor market and the disruption from artificial intelligence keep weighing on ADP shares.Despite the uncertainty, ADP continues to experience steady revenue, earnings, and dividend growth.At current prices, shares trade at a valuation that could prove to be a steal.10 stocks we like better than Automatic Data Processing ›Over the past year, a double whammy of headwinds has hit Automatic Data Processing (NASDAQ: ADP), better known as ADP. First, concerns about the sluggish employment market have continued to pressure the payroll processor and HR software provider’s shares.More recently, ADP has sold off due to fears that…

Retail sales are still rising, but record household savings, stepped-up gold buying and reined-in income expectations suggest the population of the world’s second largest economy is now prioritizing security over splurges — with consequences for global brands and investors.

Ministers will take another step towards banning social media for under-16s next week as they launch a consultation on the policy, with government insiders increasingly certain Keir Starmer will back the idea.Liz Kendall, the technology secretary, will publish the terms of reference for the consultation, which is expected to explore options including an age limit and less hardline action such as curbs on infinite scrolling.Government insiders say the consultation will not back one option over another, but ministers and officials believe the prime minister will announce his support for a ban in the summer.One senior government figure involved in drawing…

It’s finally nearing time to wrap up the Q3 earnings cycle with the release of the NVIDIA NVDA results, which also reflected the last Mag 7 release.The entire market was watching the release like a hawk, given its status as the poster child of the AI frenzy, likely the most critical Q3 release of all.But was the print good or bad? Let’s take a closer look at the release.NVIDIA Results Reflect RealityNVIDIA yet again posted a double-beat relative to our consensus expectations, with sales of $57 million growing 62% alongside a 67% jump in EPS. Unsurprisingly, it reflected a record-setting…

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural stylesGeorge Pachantouris | Moment | Getty ImagesAsia-Pacific markets traded mixed Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat.Japan’s Nikkei 225 slid 0.6%, while the Topix traded flat. The benchmark Japanese index hit 59,000 for the first time on Thursday before paring gains slightly.South Korea’s Kospi declined 1.1%, while the small-cap Kosdaq was down 0.35%.Hong Kong Hang Seng index rose 0.68%, while the CSI 300 slid 0.49%.Australia’s S&P/ASX 200 was flat in early trade.Asia tech stocks slid in early trading. SK Hynix, which…

Eastspring Investments Asian Equity Portfolio Specialist Ken Wong speaks on Bloomberg TV about bright spots for investors seeking growth in key Asian markets including South Korea, Taiwan and India. (Source: Bloomberg)

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Netflix is walking away from a deal to buy Warner Bros. Discovery’s studio and streaming assets after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be a superior offer. Earlier this week, Paramount raised its bid to buy the entirety of WBD to $31 per share, up from $30 per share, all cash. It was the latest amendment to Paramount’s multiple offers in recent months — and since moving forward with a hostile bid to buy the company — and it’s now unseated a deal between WBD and Netflix to sell the legacy media company’s…

Vicor Corporation (NASDAQ:VICR – Get Free Report) VP Alvaro Doyle sold 7,913 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $172.83, for a total transaction of $1,367,603.79. Following the completion of the transaction, the vice president owned 42 shares in the company, valued at approximately $7,258.86. The trade was a 99.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Vicor Stock Performance Shares of Vicor stock opened at $197.16 on Thursday. The…

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