Author: Arabian Media staff

The $9 billion deal is a play on AI power needs, but one analyst thinks the purchase price undervalues Core Scientific’s business and potential. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Fox Corporation has been riding on a ratings high since Donald Trump’s re-election in November. Shares in the conglomerate — now primarily a news and sports media company after Disney bought out its film and television entertainment assets — are up 63 per cent over the past 12 months. That handily tops the gains at Comcast and Warner Bros Discovery, the parent company of rival cable news networks MSNBC and CNN. But a more fragmented and competitive media landscape also means a…

Once they retire, most people need to draw on income from a variety of sources to sustain a comfortable standard of living. One of those income sources is their Social Security benefits. Depending on your retirement savings and your desired lifestyle, your Social Security benefits could be a lifeline or merely a bonus. “A good plan assumes you’ll need to generate most of your retirement income from your own resources, and let Social Security serve as a backup or stabilizer,” said Matthew Ferrell, a certified financial planner at MADE Financial Design. “I work with clients at both ends of the spectrum,…

Companies passing the screen for low valuations, rapid dividend growth and business-expansion prospects include PepsiCo and Occidental Petroleum. Source link

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump has said he will impose 25 per cent tariffs on imports of goods from Japan and South Korea, in an announcement that sent US stocks sliding. The president on Monday said the new levies on both countries would come into effect on August 1. Trump has vowed to announce tariff rates for dozens of other trading partners in coming days. Trump said in letters posted on his Truth Social platform that the US goods trade deficit with both countries…

Two different measures tell a similar story Source link

The largest restaurant companies worldwide are primarily international chains. Many are positioned to weather economic cycles and maintain consistent, profitable growth over the long term. Among them are holding companies that control a variety of subsidiary chains. These are the 10 biggest restaurant companies by trailing 12-month (TTM) revenue as of July 7, 2025. All figures are from Morningstar. This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or through American depositary receipts (ADRs). Some foreign companies may report semiannually and may have longer lag times. Key Takeaways The largest restaurant companies…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Mining royalty company Royal Gold has agreed two acquisitions worth $3.7bn, in the latest deals to show how record bullion prices are driving consolidation in the highly fragmented sector.The Nasdaq-listed company said on Monday it would buy Toronto-quoted Sandstorm Gold in an all-share $3.5bn transaction, and would also acquire Horizon Copper — whose biggest shareholder is Sandstorm — for $196mn in cash. The deals have been agreed by the boards of all three companies and are set to make Royal Gold one…

In 2024, 72.7 million freelancers made up the American workforce and delivered an estimated $1.5 trillion to the U.S. economy. Freelancing comes with freedom and flexibility, allowing you to choose your projects, set your schedule, and work from virtually anywhere. But, by definition, freelancing also comes with the need to take complete responsibility for your retirement planning. There’s no employer-sponsored retirement plan with matching contributions. Sometimes, you may not even get steady paychecks. So, you’ll need a solid savings and investing plan with clearly defined goals and actions that build your financial resources. Key Takeaways Freelancers have multiple retirement account…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Violent encounters between police and US residents claim about 2,000 lives a year. Axon Enterprise claims it has a way to reduce the frequency of such tragedies: by selling “neuromuscular incapacitation” devices to law enforcement. Readers might know these by their brand name: tasers. Thanks to their growing use, Axon has become one of the better performing stocks on the US market.Shares in the Arizona-based group are up more than sevenfold since the start of 2020, vastly outpacing companies such as Meta Platforms…