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Shares of Salesforce () rose 1.94% ahead of the company’s first-quarter earnings report on Wednesday after the market. Wall Street expects adjusted earnings per share of about $3.11 to $3.13 for the quarter, up from $2.58 a year earlier. Revenue is projected at roughly $11.05 billion to $11.1 billion, representing about 12% year-over-year growth. Key highlights: Investors are looking for signs that the software giant can stabilize growth and address mounting concerns about how artificial intelligence could reshape the enterprise software industry. The real focus is whether organic revenue can reaccelerate in the second half of the year as Agentforce…
The heatwave has triggered a surge in prices for seasonal items, with the cost of one inflatable hot tub nearly doubling in a week, while an industry expert said air conditioning units had risen by about 17% since April.The Guardian looked at popular items across a range of websites and examined their prices on PriceRunner, an independent price comparison service. One of the biggest price increases was for the Bestway inflatable hot tub Lay-Z-Spa Cancún AirJet, which was available for £160 on 21 May but now retails for a minimum of £299.Of the 11 heatwave-related items examined by the Guardian,…
Lennar Corp., the country’s second largest home builder, is entering the Des Moines market. The screenshot is from a website announcing the company’s entry into the market. Lennar Corp., the nation’s second largest home-building company, is entering the Des Moines market, a move that will likely increase competition among area home builders and provide more affordably priced homes for consumers. This spring, the company created a Lennar Iowa Facebook page announcing that the Miami, Fla.-based homebuilder was entering the Des Moines-area market with “move-in ready homes” at prices beginning in the $300,000 range. The Facebook page links to a website…
Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025.Massimo Valicchia | Nurphoto | Getty ImagesPope Leo warned over the weekend that a “social calamity” could come from mass unemployment due to the adoption of artificial intelligence technologies. Prediction market traders appear to think that worry isn’t misplaced.In his first encyclical, a document that is a form of teaching by the leader of the Catholic Church, Pope Leo urged the world to regulate AI. He also warned about the effects it may have on the labor market. “The pursuit of greater profits cannot…
The artificial intelligence (AI) boom has transitioned from an equity market narrative to a defining force in fixed income. Hyperscalers (, , , , and ) are shifting from internal cash flows to substantial bond issuance to fund massive data center, graphics processing unit (GPU), and power infrastructure buildouts. This marks a structural change in investment-grade (IG) credit supply, with important implications for duration, spreads, sector composition, and portfolio construction. In 2025, the five major hyperscalers issued approximately $121 billion in U.S. corporate bonds, more than four times their 2020–2024 annual average of $28 billion. Early 2026 data show continued…
Piper Sandler isn’t buying the talk that an Iran deal is nearing, telling clients that the Strait of Hormuz will largely stay closed and oil will hit new highs.”We think the Strait of Hormuz remains largely closed for months yet, meaning shortages become more urgent and oil hits new highs this Summer,” according to a recent note from the investment bank’s energy and macro teams.West Texas Intermediate Futures are down since Friday but bounced back some on Tuesday with mixed messaging on a possible Iran deal over the long weekend. The U.S. military said it conducted “self-defense strikes” in southern…
Check out the companies making headlines after the bell : Box — The cloud-based content management provider slipped 2% after guiding for full-year adjusted earnings of $1.56 per share, while analysts polled by LSEG were expecting $1.63. However, Box did report first-quarter adjusted earnings of 37 cents per share on revenue of $306 million, beating the 36 cents and $304 million analysts were seeking. Zscaler — Shares tumbled 16% after the cloud security company guided for current-quarter revenue of between $875 million to $878 million, falling short of the $879 million analysts were seeking, per LSEG. However, the company’s fiscal…
For years, the blockchain world has been obsessed with visibility. We track chains, compare ecosystems, argue over TPS, and proudly declare which network is “winning.” But a quiet shift is happening beneath all that noise: interoperability is slowly making blockchains less visible—and that might actually be the end goal.Because the future of crypto may not be about which chain you’re on… but about not needing to care at all.The Problem With Today’s Blockchain World Right now, blockchains behave like competing cities:Ethereum is the financial capital 🏦Solana is the high-speed trading hub ⚡Bitcoin is digital gold storage 🪙Layer 2s are gated suburbs…
As we honor those who served in the military this Memorial Day, it seems appropriate to focus on the bullish flag pattern. Flag patterns are a byproduct of positive momentum and tend to appear in environments characterized by steep upmoves like the current one. A flag pattern is essentially a sideways consolidation phase following a sharp rally, as shown on the chart of privacy coin Zcash. The first close outside of the consolidation phase is the trigger to take a position. On daily charts, flag breakouts have bullish short-term implications that can persist for days or weeks. Flag breakouts tend…
