Business

Pop Mart has struck it rich. The Chinese company that caters to toy connoisseurs and influencers said this week that it expects profit for the first six months of this year to jump by at least 350% compared with the prior-year period, largely because of its smash hit plush toy, the Labubu. Pop Mart joins a small list of companies …

Ford is recalling nearly 700,000 SUVs in the US after a year-long investigation found a fuel leak issue that could ignite a fire and increase the risk of injury. A fuel injector in the impacted vehicles may crack and leak fuel inside the engine compartment, potentially leading to an underhood fire, the National Highway Traffic Safety Administration said Wednesday. Ford …

‘Amazon of guns’ backed by Donald Trump Jr sinks on stock market debut  Financial Times The online gunseller with Donald Trump Jr. on its board makes its market debut. Shares plunge  AP News GrabAGun, a Mobile-Focused Online Firearms Retailer and Defender of the Second Amendment, Completes Business Combination with Colombier II and Will Begin Trading on NYSE  Yahoo Finance Donald Trump Jr. and …

Unitedhealth Group Inc logo on phone-by rafapress via Shutterstock After a challenging year for healthcare stocks, all eyes are on UnitedHealth Group (UNH) as it prepares to unveil its second-quarter earnings on July 29. Once a stalwart of defensive investing, UnitedHealth has seen its stock tumble nearly 45% year-to-date, making it one of the worst performers in the S&P 500 Index ($SPX). …

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Johnson & Johnson Tops Earnings Estimates. Financial Chief Says It Can Do Any Deal It Wants.  Barron’s Johnson & Johnson stock gains as it cuts tariffs impact estimate, raises outlook  MarketWatch J&J doesn’t have to ‘do a deal out of desperation’ despite facing patent cliffs: CFO  Yahoo Finance J&J Beats Sales Expectations While Trump Threatens Tariffs  Bloomberg Johnson & Johnson lifts 2025 forecast, halves …

Despite Dire Warnings, the Economy Is Holding Up. Can That Last?  The New York Times Economists See Lower Recession Risk and Stronger Job Growth: WSJ Survey  The Wall Street Journal Tariffs boost inflation. But many economists see a recession as avoidable.  The Christian Science Monitor Trump Effect Starts to Show Up in Economy  Hindustan Times ELFF 2025 Economic Outlook: Modest Growth Expected as Tariffs, …

Trump Has Penned Letter To Fire Fed Chair Jerome Powell  The New York TimesView Full Coverage on Google News Source link

Goldman Sachs Profit Surges on Higher Trading Revenue  The Wall Street Journal Goldman Sachs tops estimates as traders generate $840 million more revenue than expected  CNBC Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos  Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities revenue  Reuters Goldman Posts Best Stock-Trading Quarter in Wall Street History  Bloomberg.com Source link

Nvidia C.E.O. Treads Carefully in Beijing  The New York Times Nvidia’s China Troubles Aren’t Over  The Wall Street Journal Nvidia CEO downplays role in lifting US ban on chip sales to China  AP News Trump just handed China a major advantage on AI  vox.com AMD’s revenue likely to see upside in 2025 as MI308X chip set to resume sales in China: Evercore  Seeking Alpha Source …