Author: arthursheikin@gmail.com

[ad_1] The White House says businesses shouldn’t worry if President Donald Trump’s tariffs go into effect on Friday.”I would think that it’s not the end of the world if these snapback tariffs are on for anywhere from a few days to a few weeks, as long as the countries are moving forward and trying to negotiate in good faith,” Treasury Secretary Scott Bessent said Tuesday on CNBC.On Wednesday, Trump said there will be no more delays, posting in all caps that “THE AUGUST FIRST DEADLINE IS THE AUGUST FIRST DEADLINE.”If deals aren’t reached, Trump will likely unilaterally impose a new rate,…

[ad_1] Americans are getting more cautious about spending on even small treats like Oreo cookies.Mondelez, the company that makes Oreos and Chips Ahoy, said that revenue and sales volumes in the US fell during the company’s second quarter. The continued threat of tariffs and the state of the economy were major reasons shoppers cut back, CEO Dirk Van de Put said.”There’s a lot of consumer anxiety,” Van de Put said on a call after the company reported results Tuesday.Shoppers face an “uncertain outlook as it relates to their personal finances, job expectations, inflation, so they tend to focus more on…

[ad_1] AI-powered marketing automation startup Conversion, founded five years ago by two UC Berkeley dropouts, has raised a $28 million Series A led by Abstract, with participation from True Ventures and HOF Capital. The company’s founding story sounds like it could have been an episode of the HBO show “Silicon Valley.” The story begins all the way back when co-founder and CEO Neil Tewari, now 24, was in high school. He got busted one day watching a TechCrunch Disrupt livestream during class, was sent to the principal’s office, and had to stay late. Afraid to call his parents and tell…

[ad_1] AI-powered marketing automation startup Conversion, founded five years ago by two UC Berkeley dropouts, has raised a $28 million Series A led by Abstract, with participation from True Ventures and HOF Capital. The company’s founding story sounds like it could have been an episode of the HBO show “Silicon Valley.” The story begins all the way back when co-founder and CEO Neil Tewari, now 24, was in high school. He got busted one day watching a TechCrunch Disrupt livestream during class, was sent to the principal’s office, and had to stay late. Afraid to call his parents and tell…

[ad_1] Jakub Porzycki/NurPhoto via Getty Images Updated 2025-07-30T14:37:56Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Meta will report earnings for the second quarter after the closing bell on Wednesday. Wall Street expects $44.3 billion in revenue for the quarter. Heading toward the 5 p.m. ET call, analysts will be looking for info on capex plans and AI…

[ad_1] Micron Technology (MU) is positioned for significant potential upside following its recent pullback after its latest earnings report. Coupled with Micron’s strategic focus on high-bandwidth memory, or HBM, chips, it creates an ideal entry point with a favorable risk-to-reward profile to capitalize on the growth of GPU chips for artificial intelligence processors. Trade timing The timing to initiate bullish exposure on MU is favorable, given the stock’s recent pullback toward strong technical support near $110. With its recent outperformance relative to the broader market, MU offers an attractive opportunity to capture substantial upside toward our $135 price target. Fundamentals…

[ad_1] Microsoft is slated to release fiscal fourth-quarter results after the stock market’s closing bell Wednesday, and most analysts are expecting another stellar quarter from the tech old guard. An LSEG survey shows that analysts, on average, anticipate the “Magnificent Seven” member will earn $3.37 per share on $73.807 billion revenue. Those results would correspond to earnings growth of 14.2% year over year, as well as a 14% jump in revenue when compared to the prior-year period. The anticipated gains come after Microsoft posted a major earnings and revenue beat for its fiscal third quarter, helped by outperformance at its…

[ad_1] Observe, an observability platform, was founded in 2017 in response to the changing nature of software observability. Companies started pushing out new versions of their software more frequently — and producing significantly more data because of it. Now, Observe is responding to the latest big shift in technology: AI. San Mateo-based Observe helps companies get an inside look at the status of their software, which makes it easier for engineers to spot and solve disruptions and outages. The recent advancements in AI are both a blessing and a burden for the company. Observe’s observability product incorporates AI agents to…

[ad_1] Google has confirmed it will sign the European Union’s general purpose AI code of practice, a voluntary framework that aims to help AI developers implement processes and systems to comply with the bloc’s AI Act. Notably, Meta earlier this month said it would not sign the code, calling the EU’s implementation of its AI legislation “overreach,” and stating that Europe was “heading down the wrong path on AI.” Google’s commitment comes days before rules for providers of “general-purpose AI models with systemic risk” go into effect on August 2. Companies likely to be affected by these rules include major…

[ad_1] UBS is more optimistic on Peloton heading into its fiscal fourth-quarter earnings. The bank upgraded shares of the exercise equipment company to a buy rating from neutral. Analyst Arpine Kocharyan’s new price target of $11, upped from $7.50, offers upside of 78% from Peloton’s Tuesday close. Shares popped more than 7% after the upgrade. PTON 5D mountain PTON 5-day chart Kocharyan noted that an improvement in online traffic could hint at a stabilizing subscriber base. “While we see subscription price increases anchoring near-term top line growth, we might also see underlying net subscriber decline stabilizing into FY’26, outside of…