Author: MAK Gojar

Trump’s administration has asked U.S. embassies worldwide to prepare for staff cuts as part of efforts to overhaul the U.S. diplomatic corps.Trump’s administration has asked U.S. embassies worldwide to prepare for staff cuts as part of efforts to overhaul the U.S. diplomatic corps.    The entrance of the United States Embassy in Bogota, Colombia on Jan. 26, 2025. Pablo Vera | Afp | Getty Images President Donald Trump’s administration has asked U.S. embassies worldwide to prepare for staff cuts, three sources familiar with the matter told Reuters on Thursday, as part of the Republican president’s effort to overhaul the U.S. diplomatic corps. The sources said some embassies had been asked to look into reducing both U.S. staff as well as…

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As top global officials gather for the Munich Security Conference, the future of Ukraine and reshaping Europe’s defense architecture will be central to talks.As top global officials gather for the Munich Security Conference, the future of Ukraine and reshaping Europe’s defense architecture will be central to talks.    NATO Secretary General Mark Rutte, U.S. Defense Secretary Pete Hegseth, Britain’s Defence Secretary John Healey and Turkey’s ambassador to NATO Zeki Levent Gumrukcu take part in a family photo during a NATO Defence Ministers meeting at the Alliance’s headquarters in Brussels, Belgium February 13, 2025.  Yves Herman | Reuters As the world’s defense…

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Former Trump advisor Stephen Moore told CNBC the current dispute over duties is more likely to evolve into a “trade skirmish” than a trade war.Former Trump advisor Stephen Moore told CNBC the current dispute over duties is more likely to evolve into a “trade skirmish” than a trade war.    China’s pain threshold for tariffs is “a lot lower” than the U.S.’, according to Stephen Moore, a former economic advisor to U.S. President Donald Trump. Speaking at a Delivering Alpha event in Dubai, Moore said that China was Trump’s main target regarding tariffs. He described the foreign economic policy as a…

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After starting the fiscal year on a weak note, Cisco Systems Inc. (NASDAQ: CSCO) has regained momentum, reporting higher second-quarter revenue and profit that beat analysts’ estimates. The company is optimistic about extending the uptrend into the remainder of the year, supported by the growing demand for its AI solutions. The market reacted favorably to the positive outcome and the San Jose-headquartered network gear maker’s stock rallied in Wednesday’s after-hours trading. The shares have grown as much as 40% in the past six months alone, outperforming the broad market during that period. Q2 Numbers Beat The tech firm reported adjusted…

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The streaming platform could be poised for even more upside following its latest quarterly results, according to Pivotal Research Group and Wells Fargo.The streaming platform could be poised for even more upside following its latest quarterly results, according to Pivotal Research Group and Wells Fargo.   Roku could be poised for even more upside following its latest quarterly results, according to Pivotal Research and Wells Fargo. The firms upgraded the streaming platform, with Pivotal moving to buy from hold and Wells Fargo now rating it overweight, up from equal weight. They also increased their price targets on Roku: Pivotal nearly doubled its…

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It marks another quarter of growing pains for the company, which is racing to launch new products and recover from the decline of its Covid business. It marks another quarter of growing pains for the company, which is racing to launch new products and recover from the decline of its Covid business.     In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT The Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024.  Adam Glanzman | Bloomberg | Getty Images Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the…

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An improving market backdrop could send shares of Align Technology higher, according to Wells Fargo.An improving market backdrop could send shares of Align Technology higher, according to Wells Fargo.   An improving market backdrop could send shares of Align Technology higher, according to Wells Fargo. The bank initiated coverage on the medical device company with an overweight rating and set its price target at $255, which reflects more than 24% upside from Thursday’s close. “We acknowledge that the Dental/Clear Aligner market isn’t exactly out of the woods yet given underlying macro factors,” analyst Vik Chopra wrote in a Friday note to clients.…

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Some retailers have walked back supplier programs intended to address the additional hurdles that Black and minority founders face, including funding.Some retailers have walked back supplier programs intended to address the additional hurdles that Black and minority founders face, including funding.    Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the most storied labels in…

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The world’s biggest hedge fund made a fresh bet on EV maker Tesla Inc. late last year, as it exited memory chip maker Micron Technology and banking giant Goldman Sachs.The world’s biggest hedge fund made a fresh bet on EV maker Tesla Inc. late last year, as it exited memory chip maker Micron Technology and banking giant Goldman Sachs.   The world’s biggest hedge fund made a fresh bet on EV maker Tesla Inc. late last year, as it exited memory chip maker Micron Technology and banking giant Goldman Sachs. 

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All three major averages are on pace to end the week higher.All three major averages are on pace to end the week higher.    Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025.  NYSE Stocks futures were slightly lower on Friday as investors weighed the latest on global trade after President Donald Trump held off on imposing new reciprocal tariffs. Futures linked to the S&P 500 slipped 0.1%, while Dow Jones Industrial Average futures lost 136 points, or 0.3%. Nasdaq 100 futures edged down 0.1%. On Thursday, Trump signed a memorandum on laying out a…

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