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Fairfax sells 51% stake in Saurashtra Freight to Japan Co. for Rs 662 crore
The Economic Times· 2025-09-12 21:08
SynopsisFairfax India has sold its majority stake in Saurashtra Freight. The buyer is Japan's Kamigumi Co. Ltd. The deal is worth Rs. 662 crore. Fairfax India had bought the stake in 2017 for Rs. 200 crore. Saurashtra Freight operates a container freight station at Mundra Port. Kamigumi aims to expand its logistics business in India. ...
Wall Street Futures Mixed Ahead of Key Consumer Sentiment Data, Fed Rate Cut Expectations Drive Market Optimism
Stock Market News· 2025-09-12 21:07
U.S. stock futures are exhibiting a mixed performance this Friday, September 12, as investors digest a week of record-setting highs and look ahead to crucial economic data and the highly anticipated Federal Reserve interest rate decision next week. While major indices closed at fresh records on Thursday, premarket trading suggests a cautious start to the day, with market participants closely monitoring the Consumer Sentiment report and further clues regarding the Fed's monetary policy trajectory.Premarket a ...
Rate Cuts Should Overwhelm Transitory Stagflation
Seeking Alpha· 2025-09-12 21:06
Lawrence Fuller has been managing portfolios for individual investors for 30 years, starting his career at Merrill Lynch in 1993 and working in the same capacity with several other Wall Street firms before realizing his long-term goal of complete independence when he founded Fuller Asset Management . He also manages the Focused Growth portfolio on the new fintech platform called Dub , which is the first copy-trading platform approved by securities regulators in the US, allowing retail investors to copy the ...
Tempus AI: Temporarily Too Expensive - Sell (NASDAQ:TEM)
Seeking Alpha· 2025-09-12 21:05
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I am not a registered investment, tax, or legal advisor or broker and therefore cannot promise or guar ...
Comerica Small Business of the Game Delivers Big Plays for Business Owners During Detroit Lions Home Games
Prnewswire· 2025-09-12 21:05
Accessibility StatementSkip Navigation DETROIT, Sept. 12, 2025 /PRNewswire/ -- This season, small businesses will score big at Detroit Lions home games as Comerica's Small Business of the Game program delivers unique opportunities and resources to help them grow. Now in its seventh season, Comerica Bank's partnership with the Detroit Lions promotes one new business each week of a Lions regular season game at Ford Field and offers exposure to the NFL audience through in-stadium, digital, social, and traditio ...
After Bitcoin and Ethereum, Mega Matrix Bets $2B on ENA as Next Treasury Asset
Prnewswire· 2025-09-12 21:03
Accessibility StatementSkip Navigation NEW YORK, Sept. 12, 2025 /PRNewswire/ -- Mega Matrix (NYSE:Â MPU) has filed a $2 billion universal shelf registration with the U.S. Securities and Exchange Commission (SEC) to advance its Digital Asset Treasury (DAT) strategy. With this move, MPU becomes the first U.S.-listed company to anchor its corporate treasury on ENA — the governance token of stablecoin USDe. Industry observers see the decision as the next chapter in the evolution of corporate digital asset treas ...
Economists calculated the cost of Trump's tariffs for Americans. The numbers are staggering
Fastcompany· 2025-09-12 21:01
Fast Company Innovation Festival Ticket Giveaway—Enter now! LOGIN SUBSCRIBE | FastCo Works An analysis out this week from the Budget Lab at Yale University found the Trump administration's new 2025 tariff hikes will increase the number of Americans living in poverty by somewhere between 650,000 and 875,000 in 2026—that's 0.2% to 0.3% of the U.S. population—including some 150,000 to 375,000 children. "Because tariffs directly reduce the purchasing power of low-income households (either by decreasing nominal ...
SoFi Technologies (NASDAQ: SOFI) Price Prediction and Forecast 2025-2030 (Sept 12)
247Wallst· 2025-09-12 21:00
SoFi Technologies Inc.'s (NASDAQ: SOFI) chief executive officer stated at a conference earlier this year that the fintech company is targeting 30% member growth and 20% revenue growth. The stock is 1.3% higher than it was a week ago, and shares are trading near an all-time high. The share price is up 68.6% year to date, outperforming the S&P 500. SoFi's one-year gain is 255.1%. ...
Adobe: AI Monetization Woes Continue (Downgrade) (NASDAQ:ADBE)
Seeking Alpha· 2025-09-12 21:00
In my previous article on Adobe Inc. (NASDAQ: ADBE ), I found signs that their AI initiatives were starting to gain some traction. However, I also found that monetization of AI efforts was weak, and with theI'm a full-time investor with a strong focus on the tech sector. I graduated with a Bachelor of Commerce Degree with Distinction, major in Finance. I'm also a proud lifetime member of the Beta Gamma Sigma International Business Honor Society. My core values are: Excellence, Integrity, Transparency, & Res ...
Buy Top AI Stock Vertiv Before It Soars After Oracle's Report
ZACKS· 2025-09-12 21:00
Key Takeaways Vertiv works with Nvidia and is a key behind-the-scenes winner in the AI age. The AI infrastructure stock trades 12% below its price target and looks ready to break out. The company's improving earnings outlook earns VRT a Zacks Rank #1 (Strong Buy). Oracle bolstered the case for the artificial intelligence spending boom when it reported its quarterly results on September 9. The cloud computing giant’s backlog soared 359% to $455 billion, driven by spending from AI hyperscalers like Amazon, a ...