Rite Aid files for second bankruptcy in two years
U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time in as many years, according to a court filing. Pharmacy chains, such as Rite Aid, Walgreens and CVS, have been under pressure as falling drug margins and
Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash
Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday. The recall surrounds a defect with the vehicle’s automated driving system that could cause it to inaccurately predict the movement
Global footwear giant Skechers to go private in $9.4 billion deal with 3G Capital
Skechers is set to step into a new era. The global footwear giant announced on Monday that it has agreed to be acquired by private equity powerhouse 3G Capital in a deal that will take the company private. The transaction
Indian markets open: Sensex, Nifty eye muted gains; focus on earnings, global cues
Indian equity benchmark indices, Sensex and Nifty 50, are anticipated to open with marginal gains on Tuesday, navigating a mixed global backdrop while grappling with persistent domestic geopolitical concerns. Investor focus remains firmly on the ongoing corporate earnings season and
XRP price prediction if spot Ripple ETFs hit JPMorgan’s $8 billion target
The XRP price remains under pressure after falling for five consecutive days, and moving to its lowest level since April 22. Ripple remains 37% below the highest point in January, meaning investors have lost billions of dollars in the past
Lucid Group stock forecast ahead of earnings: buy, sell, or hold?
Lucid Group stock price has crashed this year and is underperforming the broader market amid growth and profitability concerns. LCID crashed to a low of $2.35 on Tuesday and is hovering slightly above last year. It has plunged from $64 in
Warren Buffett stepping down: analysts assess what it means for Berkshire stock and investors
With Warren Buffet announcing he will relinquish the role of chief executive officer at Berkshire Hathaway by the end of 2025, analysts appear divided over whether the development will have a long-term bearing on the Berkshire Hathaway stock.While some market
Who is billionaire Warren Buffett?
(NewsNation) — Warren Buffett, 94, announced Saturday that he would retire from his 60-year position as CEO of Berkshire Hathaway, shocking shareholders. Revered in the investing world, the billionaire made his first investment at age 11. His retirement announcement came at a
Ethereum price prediction: will ETH roar back after Pectra upgrade?
Ethereum price remains under intense pressure as demand from investors and developers wane. ETH coin was trading at $1,800 on Tuesday morning as traders waited for the important Pectra upgrade. This article explores whether the coin will jump or resume
USD/JPY forecast: signal ahead of the FOMC decision
The USD/JPY exchange rate retreated below the support level of 144 as traders reflected on last week’s Bank of Japan (BoJ) interest rate decision and the upcoming Federal Reserve meeting. It has slipped a bit from this month’s high of
XRP price prediction if spot Ripple ETFs hit JPMorgan’s $8 billion target
The XRP price remains under pressure after falling for five consecutive days, and moving to its lowest level since April 22. Ripple remains 37% below the highest point in January, meaning investors have lost billions of dollars in the past
Lucid Group stock forecast ahead of earnings: buy, sell, or hold?
Lucid Group stock price has crashed this year and is underperforming the broader market amid growth and profitability concerns. LCID crashed to a low of $2.35 on Tuesday and is hovering slightly above last year. It has plunged from $64 in
FTSE 100 Index is surging: here are the top shares in 2025
The FTSE 100 Index has rebounded in the past few weeks as investors bought the dip and as global stocks surged. It has risen in the last 15 consecutive days, its longest winning streak in years. This article lists some
Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%
Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced Monday. The price 3G Capital agreed to pay represents a 30% premium to
PepeX price prediction as Berkshire says AI will prove game-changing
Even though AI stocks have taken a significant hit this year due to Trump tariffs and concerns of a looming recession ahead, they remain at the front and centre of all financial debates in 2025.According to Ajit Jain, the vice
S&P 500 Index forecast ahead of FOMC decision, top earnings
The S&P 500 Index staged a strong comeback in the past few weeks as investors bought the dip following the Liberation Day speech by Donald Trump. The index, which tracks the biggest companies in the US, rose to $5,685, its
Westpac share price slipped after earnings: time to buy the dip?
The Westpac share price retreated by over 2% on Monday after the Australian bank published results that missed analysts’ estimates. It retreated to a low of A$32.17, its lowest level since April 24, and 4.805 below its highest level this
Top 4 catalysts for the SCHD ETF: will this dividend fund crash?
The Schwab US Dividend Equity ETF (SCHD) has bounced back in the past few weeks, mirroring the performance of US indices like the S&P 500 and Nasdaq 100. The SCHD ETF has jumped by almost 10% from its lowest level