Sandisk (SNDK 9.04%) stock sold off for a second straight day Thursday — but why? Shares of NAND semiconductor memory chip manufacturer tumbled 9.6% through 11:15 a.m. ET after Taiwan Semiconductor Manufacturing Company (TSM 1.86%) beat analyst estimates in its Q2 earnings report, growing profits 77% year over year. But TSMC also warned investors will…
Verdane will jointly own three of the businesses alongside Trifork Group, with a direct stake in XCI Deal draws on Verdane’s more than 20 years of experience and over 50 portfolio transactions Verdane’s Freya funds are structured to source complex, multi-company transactions Verdane has acquired a portfolio of stakes in four technology businesses from Trifork…
Image source: The Motley Fool. DATE Wednesday, July 15, 2026 at 8:30 a.m. ET CALL PARTICIPANTS Vice President of Investor Relations – Nathan Rich President and Chief Executive Officer – Gail Boudreaux Chief Financial Officer – Mark Kaye Chief Health Benefits Officer – Felicia Norwood President of Commercial Health Benefits – Morgan Kendrick President of…
IRS CEO Frank Bisignano, who has been tapped to lead the expansion of Trump Accounts, told CNBC’s “Squawk Box” on Thursday that he expects every family could someday have one of the new tax-deferred investment accounts for children. “We have the ability to enroll people very simply, and I think the objective is to have…
Shultz Huber & Associates, a CPA firm in northwest Ohio, expanded in the state with the acquisition of Stroh, Johnson & Company, effective as of July 1. Processing Content Stroh Johnson, founded in 1979, is an accounting, audit and tax firm. The deal adds three offices across Lima, Minister and Wapakoneta, Ohio, to the team….
Carlson’s owners Nick Giese and Kaylee Brown will continue to lead the division and remain actively involved in the company’s operations Carlson was founded in 1959 Sizemore Inc, a portfolio company of Inspirit Equity, has agreed to acquire Carlson Building Maintenance, a Minneapolis-based provider of janitorial and facility services to retail, grocery, and commercial customers…
The Trump Administration recently released its 2026 Unified Regulatory Agenda, which details ongoing and forthcoming regulatory projects that every agency, including the Treasury Department, plans to work on over the coming months. While Treasury’s agenda largely focuses on implementing provisions of the One Big Beautiful Bill Act, it also includes multiple items relevant to the…
Iran said on Thursday that the Strait of Hormuz was an inviolable “red line,” warning that if U.S. President Donald Trump carried out his threat to attack Iran’s infrastructure, it would strike all infrastructure across the Gulf region. The U.S. launched a fifth night of attacks on Wednesday and reimposed a naval blockade of Iran’s…
The U.S. grocery slowdown is becoming harder to ignore. Shoppers are buying fewer items than a year ago, and grocery sales are declining as weakening unit sales are now outweighing rising prices. That is according to new analysis from Bain & Company using NielsenIQ grocery data shared exclusively with CNBC. Grocery units, which refer to…
The U.S. military’s most sensitive satellites have long ridden to orbit on a short list of trusted rockets. Now Rocket Lab (RKLB 3.36%) has forced its way into that conversation, earning a spot to compete in the Space Force’s National Security Space Launch (NSSL) Phase 3 Lane 1 program, an arrangement with a maximum value…