ADVFN US – Market Content Editor
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Yocale.ai unites software, payments and AI for medspas, salons and spas
Most medspas, salons and spas are run by practitioners, from injectors and aestheticians to stylists, who got into the industry to work with clients. As the business grows, so does the admin, and scheduling, intake forms, invoicing and follow-ups start taking time away from them. To take that load off, a growing number of owners…
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Reddit Expands Lead Generation Tools for B2B and B2C Advertisers
Reddit (NYSE:RDDT) has introduced additional lead generation features for advertisers, including integrations with customer relationship management systems, expanded audience targeting and new measurement partnerships. The company said the tools are intended to help advertisers connect campaign activity on Reddit with lead generation, attribution and sales pipeline reporting. According to Reddit, more than 20 million business…
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Nike Shares Fall Premarket After Berenberg Downgrades Stock to Sell
Nike (NYSE:NKE) shares fell more than 1% in premarket trading on Tuesday after Berenberg downgraded the sportswear company to Sell from Hold and reduced its price target to $27.50 from $49. The brokerage cited changes in the competitive structure of the sportswear market, pressure on Nike’s lifestyle business and uncertainty around the pace of recovery…
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U.S. Judge to Consider Disney Request to Block Early FCC Review of ABC Licences
A U.S. federal judge is due to hold a hearing on Tuesday on Walt Disney’s (NYSE:DIS) request to temporarily block the Federal Communications Commission from advancing an early review of licences covering eight company-owned ABC television stations. Disney filed its lawsuit in August, arguing that the FCC’s actions violate broadcasters’ First Amendment rights. The case…
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NextEra’s $67 Billion Dominion Acquisition Faces Political Opposition in Virginia, FT Reports
NextEra Energy’s (NYSE:NEE) proposed $67 billion acquisition of Dominion Energy (NYSE:D) is facing political opposition in Virginia as the transaction undergoes regulatory review, the Financial Times reported on Tuesday. Virginia Governor Abigail Spanberger has said she is “deeply sceptical” of the proposed acquisition and has intervened in the regulatory process, according to the report. The…
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AMD Plans Substantial Chip Supply Increase in 2027 as AI Demand Grows
AMD (NASDAQ:AMD) plans to substantially increase chip supply in 2027 as the semiconductor company seeks to meet rising demand associated with artificial intelligence, Chief Executive Lisa Su said on Tuesday. AMD has been expanding its AI chip business, including graphics processing units used for AI workloads. “We’ve been able to increase our supply as we’ve…
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UK Regulator Opens Investigation Into Meta Over Instagram Instants Risk Assessments
Britain’s communications regulator Ofcom has opened an investigation into whether Meta Platforms (NASDAQ:META) complied with UK online safety requirements before launching the Instagram Instants feature in May. Instants allows content shared by Instagram users to disappear after it has been viewed. Ofcom said the investigation will examine whether Meta conducted “suitable and sufficient” assessments of…
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Google Nears $1 Billion-Plus Nuclear Power Agreement With Constellation, Bloomberg Reports
Google parent Alphabet (NASDAQ:GOOG) is nearing an agreement to purchase nuclear power from Constellation Energy (NASDAQ:CEG) under a multi-year contract potentially worth at least $1 billion, Bloomberg reported on Tuesday. The agreement could be announced as soon as this week, according to people familiar with the discussions cited by Bloomberg. The report said the amount…
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Oil Prices Fall as Gulf Exports Recover and G7 Pledges Emergency Reserve Release
Oil prices declined on Tuesday as investors assessed data showing higher crude exports from the Gulf alongside a Group of Seven commitment to release oil and diesel from emergency reserves. At 04:12 ET, benchmark Brent crude futures were down 0.2% at $100.17 a barrel, while U.S. West Texas Intermediate crude futures fell 0.8% to $88.67…
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Gold Prices Rise as Oil Decline Eases Some Inflation Concerns
Gold prices moved higher on Tuesday as declining oil prices reduced some concerns about energy-related inflation, while investors continued to assess the outlook for U.S. interest rates. At 04:52 ET, spot gold was up 0.3% at $4,151.89 an ounce, while gold futures gained 0.5% to $4,179.15 an ounce. The moves came as Brent crude futures…