Author: Admin

Former U.S. Secretary of Commerce Wilbur Ross joins ‘Making Money’ to discuss the Supreme Court ruling regarding Trump’s tariffs and their implications. FedEx announced Thursday it will return any tariff refunds it may receive to its customers who paid them as it seeks compensation from the federal government for tariffs paid that were subsequently ruled illegal. The shipping giant said in a statement that it intends to return any tariff refunds to shippers and customers who bore the cost of the tariffs. The move follows the Supreme Court’s ruling last week that a key portion of President Donald Trump’s trade agenda…

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Ripple is going all in on infrastructure, and this is positively affecting long-term XRP price predictions.Brad Garlinghouse says the company has deployed around $4B into crypto since 2023 through acquisitions and strategic bets. The focus is to build the rails that connect traditional finance to blockchain systems.Ripple has expanded into prime brokerage and treasury services, folding XRP and its RLUSD stablecoin into corporate workflows. With deals like Hidden Road (now Ripple Prime) and GTreasury (now Ripple Treasury), the company is positioning itself as core financial plumbing rather than just a token brand. The acquisition that excites me the most is…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Paramount Skydance has triumphed in its months-long campaign to scupper Netflix’s deal to buy Warner Bros Discovery, after its $111bn bid for the Hollywood studio drove the streaming giant to walk away.Netflix on Thursday said it would not match Paramount’s $31-a-share offer after WBD’s board declared it “superior” to the deal agreed with the streaming company. The price required to match Paramount’s offer meant “the deal is no longer financially attractive”, Netflix said.The decision by Netflix clears the way for Paramount to…

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The Discovery acquisition saga took another dramatic turn that the company itself may not have seen coming. After agreed to a seven-day waiver period, which accelerated Paramount Skydance’s bidding process, PSKY has upped its offer. And, for the first time, Warner Bros. is indicating that Paramount’s bid could win out.Paramount Sweetens the Pot With $31 Bid, Stronger Equity BackingWhen Warner Bros. and Netflix gave Paramount one week to submit its best bid, WBD didn’t sound as if it expected much to change. In announcing the waiver, WBD management said, “To be clear, our Board has not determined that your proposal…

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Nearly two months into 2026, some of the early contenders among top-performing stocks have already zipped past the broader market. This is not especially difficult to do, seeing that the is only up less than 1% year-to-date (YTD), but big rallies from leaders like Valaris PLC (up 80% since the start of the year) would impress in even more of a boom period for the broader market. Of course, investors are more concerned with future performance than past returns, and three companies in the retail space stand out for their potential for growth going forward. While these companies have either…

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Check out the companies making headlines in after-hours trading. Block — Payment company Block announced on Thursday that it’s letting go of more than 4,000 employees, or about half of its headcount, leading shares to pop 24% in extended trading. Zscaler — Shares of the cloud security company fell nearly 10%. Zscaler’s deferred revenue for the second quarter came in at $2.36 billion, while the StreetAccount consensus sought $2.45 billion. Billings also missed the mark, landing at $819.8 million, while analysts were looking for $893.3 million. Monster Beverage — Shares of the energy drink maker dropped about 3%. Monster Beverage’s…

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Ethereum’s latest long-term planning document has given investors a new way to assess whether the digital asset can eventually reach $10,000 by the end of this decade.The newly published “Strawmap,” introduced by Ethereum Foundation researcher Justin Drake, reads less like a conventional roadmap than a preemptive response plan.It sketches a path for Ethereum base-layer upgrades through the end of the decade, with seven forks by 2029 and five broad targets, including a faster Layer 1, much higher throughput, post-quantum security, privacy at the base layer, and a scaling architecture that keeps Layer 1 and Layer 2 moving together.In essence, Ethereum…

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