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Gary Hershorn / Getty Images FedEx is slated to release fiscal third-quarter earnings after the closing bell Thursday. Analysts are mostly bullish on the shipping giant’s stock, with an average price target more than 30% higher than Friday’s closing level. Analysts expect adjusted earnings per share to have risen 20% year-over-year to $4.64 and revenue to have edged 1% higher to $21.97 billion. FedEx (FDX) is set to report fiscal third-quarter results after the closing bell Thursday, and analysts are mostly bullish on the shipping giant’s stock. Of the 15 analysts who follow FedEx stock and are tracked by Visible…

(Bloomberg) — US President Donald Trump’s policies are causing more uncertainty for the economy than there was during Covid, European Central Bank Vice President Luis de Guindos told the Sunday Times. Most Read from Bloomberg “We need to consider the uncertainty of the current environment, which is even higher than it was during the pandemic,” he was cited as saying. “What we’re seeing is that the new US administration isn’t very open to continuing with multilateralism, which is about co-operation across jurisdictions and finding common solutions for common problems. This is a very important change, and a big source of…

(Bloomberg) — Chinese authorities increased pressure on CK Hutchison Holdings Ltd. over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking the deal. Most Read from Bloomberg The Hong Kong and Macau Affairs Office on Saturday reposted a commentary originally published in Ta Kung Pao, saying the planned sale of the ports by the Hong Kong company had triggered deep concerns among Chinese people and questioned whether the deal was harming China and aiding evil. “Why were so many important ports transferred to ill-intentioned US forces so easily? What kind of political calculations are…

Okta Inc. (OKTA, Financial) has gone from a high-growth identity security play to a more mature, highly profitable enterprise. The company has proven its ability to scale efficiently, as revenue is expected to grow steadily and EPS quadruple in the same period. It also has AI-driven security, strong enterprise adoption, and an ever-deepening partnership with Amazon’s (AMZN, Financial) Amazon Web Services (AWS). Moreover, profitability is improving, with strengthened free cash flow and increasing operating margins. While Okta’s valuation is still high, it is justified by strong execution, wider margins, and leadership in identity security. Notably, the forward P/E ratio of…

TANJUNG REJO, Indonesia (AP) — The loud whirr of a chainsaw sounds through the forest as a small group of farmers gathers around a tree filled with red seed pods. With one slow stroke, a severed knobby branch hits the ground. “Now it will help the tree grow new fruit,” farmer Tari Santoso says with a smile. Thousands of cocoa farmers across Indonesia like Santoso are working with businesses and other organizations to protect their crops from the bitter impacts of climate change and underinvestment that have pushed cocoa prices to record levels. Cocoa trees are high maintenance: Grown only…

(Bloomberg) — Wall Street’s infamous dark pools are getting even darker. Most Read from Bloomberg A decade after being engulfed by a controversy that culminated in multiple enforcement actions and a regulator clampdown, these off-exchange trading platforms are touting a way to buy and sell stocks that’s even more opaque. They’re offering what are dubbed private rooms, gated venues that take the core benefit of a dark pool — the ability to hide big equity deals so they won’t impact prices — and add exclusivity, specifying exactly who can partake in any trade. Created within the dark pools themselves, the…

(Bloomberg) — Top US oil executives are planning a sit-down with their country’s president to discuss energy policy, of which coal is now seen as a key part. Cobalt, a key battery metal, is surging after a surprise export ban from the top producer. And countries around the world are keeping a tight grip on steel. Most Read from Bloomberg Here are five notable charts to consider in global commodity markets as the week gets underway. Oil Top US oil executives have a visit to the White House on their calendars this week to discuss energy production with President Donald…

Users on social media have discovered a controversial use case for Google’s new Gemini AI model: removing watermarks from images, including from images published by Getty Images and other well-known stock media outfits. Last week, Google expanded access to its Gemini 2.0 Flash model’s image generation feature, which lets the model natively generate and edit image content. It’s a powerful capability, by all accounts. But it also appears to have few guardrails. Gemini 2.0 Flash will uncomplainingly create images depicting celebrities and copyrighted characters, and — as alluded to earlier — remove watermarks from existing photos. As several X and…

Users on social media have discovered a controversial use case for Google’s new Gemini AI model: removing watermarks from images, including from images published by Getty Images and other well-known stock media outfits. Last week, Google expanded access to its Gemini 2.0 Flash model’s image generation feature, which lets the model natively generate and edit image content. It’s a powerful capability, by all accounts. But it also appears to have few guardrails. Gemini 2.0 Flash will uncomplainingly create images depicting celebrities and copyrighted characters, and — as alluded to earlier — remove watermarks from existing photos. As several X and…

What would you do with an extra $10,000? That amount of money could help you pay off debt, grow your emergency fund, cover a home repair, take a luxe vacation, or make progress toward any major financial goal. Ten thousand dollars can go a long way, but saving that much requires serious focus. If saving $10,000 feels unattainable, you’re not alone: According to the Federal Reserve’s Survey of Consumer Finances, the median balance of American families’ transaction accounts was $8,000 in 2022. However, saving $10,000 isn’t impossible, and with a few strategic changes, you may be able to save $10,000…