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Microsoft to cut 3,200 jobs amid Xbox restructuring. ‘Our business … is not healthy.’

Microsoft (MSFT) on Monday announced it is cutting 4,800 roles across the company, roughly 2.1% of its workforce. The bulk of the layoffs, 3,200, will come from Microsoft’s Xbox division.  According to Xbox CEO Asha Sharma, the first round of…

This Is What Bitcoin Will Do in the Next Bull Market

The mood among casual Bitcoin (CRYPTO: BTC) holders is closer to a funeral than it is to fireworks at the moment. Yet the setup for the next bull market is already being built by the exact set of bear market…

Frankfurter Leben lines up offer for Athora’s German unit – report

Frankfurter Leben is preparing an offer for Athora Holding’s business in Germany, reported Bloomberg, citing sources. The German unit is also attracting interest from IKAV, an asset manager, the sources said. The latest suitor is a life insurance run-off specialist…

Truist Raises its Price Target on Cummins (CMI)

Cummins Inc. (NYSE:CMI) is one of the 15 Best Data Center Stocks to Buy and Hold for the Next Decade. On July 2, 2026, Truist raised the firm’s price target on Cummins Inc. (NYSE:CMI) to $901 from $815 and kept…

CPA Australia urges targeted audit reforms to bolster market trust

CPA Australia has announced that the Federal Treasury’s newly released Options Paper on audit and accounting company regulation is an “important opportunity” to reinforce trust in the integrity of Australia’s financial markets. The consultation document outlines a series of reform…

OPEC+ set to approve another oil output increase, sources say

By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON, July 5 (Reuters) – OPEC+ is set to agree on Sunday another increase in output targets from August, sources with knowledge of the matter said, adding ‌to global supply amid falling…

NuScale Power (SMR) is Amongst the Best Industrial Stocks With More Than 50% Upside

NuScale Power Corp. (NYSE:SMR) is one of the 12 best industrial stocks with more than 50% upside. On June 17, NuScale Power Corp. (NYSE:SMR) awarded Paragon a contract to complete the design of its Highly Integrated Protection System for the…

AECOM (ACM) is Inspiring Confidence With New Projects

AECOM (NYSE:ACM) is one of the 12 best industrial stocks with more than 50% upside. Recent awards involving commercial redevelopment projects support a bullish case for the stock. On June 16, AECOM revealed that it has been chosen as the…

Why Did General Motors (GM) Just Partner With Micron?

General Motors Co (NYSE:GM) is one of the Top 10 Extreme Value Stocks To Buy Now. On July 1, General Motors Co (NYSE:GM) and Micron Technology announced a Strategic Customer Agreement to secure a long-term supply of memory and storage…

Rates way up since last week

According to rates from the Zillow lender marketplace, mortgage rates are up significantly since Sunday, June 28. The current 30-year fixed rate rose by 23 basis points since last week to 6.40%. The 15-year fixed increased by 11 basis points…