Author: theparknews

Rivian (Rivn) announced on Monday that it will begin ordering Rivian Commercial Van beyond its first launch partner, creating a lucrative business for purely play EV makers. Rivian’s commercial van operates on the same platform as the current electric distribution van produced by Rivian for Amazon (AMZN). Libian originally had an exclusive arrangement to produce 100,000 vans for retail giants, but Amazon currently only uses 20,000 vans. Libian has been testing commercial vans with large fleet operators, including AT&T, after the exclusivity period on Amazon, and is currently ready to use the fleet to open orders to other companies. He…

Donald Trump’s name, Trump Media and Technology Group (DJT), wants to launch a Bitcoin Exchange Trade Fund, and the US president financially faces the surge in digital assets following his election It shows another way you can participate. Announcement of plans for the “Bitcoin Plus ETF” last week said Trump Media submitted to register a series of ETF trademarks under the new Truth.fi brand, making its independence of “American ETFs” and “US Energy” etf. ” The pitch from Trump media, which is mostly owned by the president, means investors can be exposed to areas tailored to the president’s economic priorities.…

US stocks fell on Friday as investors reacted to the threat of more possible tariffs from the Trump administration while digesting a jump in consumer expectations for inflation and an overshadowed monthly jobs report. The S&P 500 (^GSPC) moved almost 1% lower, while the tech-heavy Nasdaq Composite (^IXIC) slid around 1.4%, both finishing their second week of consecutive losses. The Dow Jones Industrial Average (^DJI) also fell more than 400 points, or almost 1%, to register its worst daily performance in roughly four weeks. At the White House on Friday, President Donald Trump said he would soon announce a plan…

Disney (DIS) reports the first quarter of revenue on Wednesday, the media and entertainment giants report profits in streaming segments, and the Parks Business has two consecutive hurricanes and cruise ships. Because I faced. Disney+subscribers also decreased by 700,000 in a quarter as a result of cancellation by the expected users in recent prices. The company hiked the price of various subscription plans in mid -October. The analysts voted by Bloomberg expected that the number of subscribers would decrease by 1.41 million. The company reported the loss of 600,000 Disney+subscriber in the same period of the previous year. Regarding the…

US stocks closed higher on Tuesday, led by Big Tech, as investors assessed China’s instant retaliation to US President Donald Trump’s additional tariffs and the potential risks of a trade war. Traders also took in fresh jobs data, with job openings declining more than expected in December. Investors are continuing to watch any signs of cooling in the labor market as the Federal Reserve debates future interest rate cuts in the face of sticky inflation. The Dow Jones Industrial Average (^DJI) gained around 0.3%, while the benchmark S&P 500 (^GSPC) rose roughly 0.7%. The tech-heavy Nasdaq Composite (^IXIC) jumped nearly…

Pepsico (PEP) is cautious for the next 12 months because it handles headwinds in the form of tariffs and intense competition. “We have no immunity (tariffs) -we are not more influenced by most companies,” said Pepsico’s chairman and CEO Ramon Raguarta on Tuesday morning. On the weekend, Trump began to enact tariffs in Mexico, Canada and China. The tariffs in Mexico and Canada were temporarily delayed on Monday due to short -term compromise. Read more: Latest news and update that Trump tariffs will be enabled Pepsico announced a calm growth outlook in 2025, following the better revenue than expected, and…

The deadline of February 1st by Donald Trump for the first round of Canada, Mexico, and China is that economic observers and leaders around the world are planning to plan in uncertainty. I will approach within. On Thursday afternoon, Trump repeatedly plans to impose a 25 % tariff on imports from Mexico and Canada, and repeated warnings to US top US trade partners. But he still added uncertainty saying that some rules were undecided. “We may do so or not,” Trump told the White House reporters if tariffs would be applied to oil. “I will probably make that determination tonight.”…

Google (Google, Googl) and ServiceNow (currently) announced plans to bring ServiceNow platforms to Google cloud market plays on Wednesday, and access ServiceNOW service suite via Google cloud systems. I made it 。 This movement is based on the previous partnership of Duo, guarantees that ServiceNow customers access the AI ​​functions of both companies and complete customer relationship management and security -related tasks, and need them in one place. 。 “ServiceNow Plus Google Cloud is provided with a full suite with ServiceNow Platform and AI -equipped tools”. OTT told Yahoo Finance. “ServiceNow is released in a cloud that is distributed in…

Jerome Powell, Chairman of the Federal Reserve, did not want to spend a lot of time on the new US President, who has already brought the central bank, in calling for the significant interest rate. “I don’t intend to respond, exchange, or comment on what the president said,” Powell told the reporters on Wednesday. “It’s not appropriate to do that.” Read more: FRB rate decision: How it affects your bank account, loan, credit card, and investment However, his comments have said that some unknowns about the new Trump administration’s economic policy could have a future impact on Fed’s monetary policy,…

President Donald Trump seems to have no worries about changing Tactoku’s fate into a public bid war. When a reporter asked me specific questions, the new president has thrown some of the largest names in the high -tech world as a potential buyer in Tactoku’s US business. National security. Tactoku’s CEO show chewed Chu with Tarushi Gabard, a candidate for the next director of the National Intelligence Bureau, at Trump’s inauguration ceremony on January 20. ・ AP communication Among the names that Trump has so far, Xon Musk, owner of X. Rally Ellison chairman of Oracle (ORCL). And Microsoft (MSFT).…