Browsing: Finance

WASHINGTON — President Donald Trump welcomed Italian Prime Minister Giorgia Meloni to the White House on Thursday where the two had lunch before settling in for an extended Oval Office discussion on the possibility of the United States reaching a new trade deal with the European Union. As Meloni arrived at the White House just before noon, her black SUV passing a military honor guard, Trump assured reporters who shouted questions in his direction that he’s “very confident” a trade deal is possible. A short time later, however, during a brief appearance before the in-town pool of reporters ahead of the lunch, Trump added that the U.S. is in “no rush” to accept just any deal. “We have something everybody wants,” the president said, suggesting the longer talks over tariffs and other trade impediments go on, the more desperate EU countries will be to capitulate to trade barriers abroad to shore up their access to the massive U.S. market. In the end, Trump predicted, “We’re going to have very little problem making

Read more

This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. Trump Media and Technology Group (NASDAQ: DJT), the parent entity of Trump’s X-like Truth Social platform, the Truth Plus content streaming service, and a dedicated asset management and ETF service under the…

Read more

Upstart Holdings (NASDAQ: UPST), the AI-powered lending platform, has experienced another dramatic stock decline, with shares plummeting over 55% from February highs of nearly $90 to under $40 today. For existing shareholders, this roller-coaster performance feels painfully familiar – reminiscent of the company’s staggering 96% collapse during the 2022 inflation shock. If you are looking for an upside with a smoother ride than an individual stock, consider the High-Quality portfolio, which has outperformed the S&P, and clocked >91% returns since inception. The Underlying Issue Upstart’s core business model, which connects borrowers and lenders through its AI-powered platform, faces a fundamental challenge: its inherent sensitivity to interest rate changes. Rising interest rates typically lead to decreased loan demand, directly impacting the company’s revenue. This vulnerability has been evident in Upstart’s financial performance in recent years: Revenue Decline: Over the past three years, Upstart’s top line c

Read more

Lockheed Martin (NYSE:LMT) will release its quarterly earnings on Tuesday, April 22, 2025. The defense contractor currently has a market capitalization of $113 billion, with $71 billion in revenue over the past twelve months. The company remains profitable, reporting $7.0 billion in operating profits and $5.3 billion in net income. Analysts expect earnings of $6.30 per share on sales of $17.8 billion, compared to $6.33 per share on sales of $17.2 billion in the same quarter last year. Revenue growth is anticipated across most segments, though the Space division may see lower sales due to reduced volume for the Next-Generation Overhead Persistent Infrared program. For event-driven traders, historical patterns can offer valuable context. Investors can either position themselves before earnings based on historical trends or react to the release based on correlations between immediate and medium-term returns. Looking at LMT’s five-year history, the stock has given negative one-day returns in 60% of instances, wit

Read more

Employment law solicitors for employers are legal experts who help businesses follow rules about workers. They know all about laws for hiring firing pay and workplace safety. These solicitors make sure employers do things right and avoid trouble. Their job is to guide companies through tricky legal stuff. Picture this you are running a busy […] The post Top Benefits of Hiring Employment Law Solicitors for Employers appeared first on Today News.

Read more