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Sequoia Partner Maguire's Posts on Mamdani Spark Founder Petition
A growing list of startup founders are circulating an open letter to Sequoia Capital urging the prominent venture capital firm to take action against one of its partners, Shaun Maguire. The letter, which had more than 520 digital signatories as of Monday afternoon, follows a July 4th post on X in which Maguire referred to New York City mayoral candidate Zohran Mamdani as an 'Islamist.' Maguire, an avid X poster best known for his investments in SpaceX and xAI, claimed in the controversial X post that Mamdani 'comes from a culture that lies about everything' and is willing to lie 'if it advances his Islamist agenda.'


Gizmodo
19 minutes ago
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This 1-Year Sam's Club Membership (Auto-Renew) Drops to Nearly Free, a Cheap Alternative If Costco Is Too Far
Life is pretty darn expensive. In fact, it's getting pricier by the day at the moment, at least for a lot of us, and that means that it's really important to find ways to not only save money on luxuries that help keep us all sane, but also on daily essentials. That can be a lot harder to do though, but there are some really easy ways to get those savings going, and one of those is with a good warehouse membership. See at StackSocial Sam's Club is a membership-only retailer that stocks a huge number of products in just about every category you can think of. Everything there is picked for its quality, which means that you can rest easy knowing that you're getting the good stuff. While the idea of a membership can be daunting, right now you can get a one-year membership with auto-renew for just $20. It'd normally cost you $50, so being able to save 60% straight away makes it even easier to get your money back fast. There are some important terms for this one. Current members can't use this deal, and neither can those who've been members in the last six months. However, if you're outside of those two categories, then this is an excellent way to get a membership for cheap. From then on, all you need to do is go to your nearest Sam's Club warehouse and get shopping. You'll be able to check out a huge number of things from daily groceries and good to bigger purchases like electronics and appliances. You can even get clothes from these warehouses, making this an incredible way to get a little bit more for your money, no matter what you're looking for. That just helps every dollar you spend go further, and when prices are rising as they are at the moment, that's an incredible value proposition. It's not the most exciting purchases you're likely to make, but that doesn't change the fact that being able to save more money is going to help a lot, especially if prices keep going up. We really do think this is a great deal at $50, so the chance to save 60% on it and get it for just $20 is the kind of deal that shouldn't be missed. Just make sure to have a good read of the StackSocial page and check where your nearest store is before committing, just in case it doesn't fit your needs. See at StackSocial
Yahoo
19 minutes ago
- Yahoo
Carnival Corporation & (NYSE:CCL) Restructures Debt with €1B and $2B Note Offerings
Carnival Corporation & undertook a notable debt refinancing initiative last quarter, which may have influenced its stock price jump of nearly 80%. The company issued €1 billion of unsecured notes due in 2031 and $2 billion of similar notes due in 2032, focusing on reducing secured debt and simplifying capital structure. During this period, broader market trends showed mixed results, with a 1.8% rise for the week amidst broader uncertainties such as tariff worries. However, Carnival's specific actions likely added weight to its substantial positive movement against the backdrop of these broader market conditions. Be aware that Carnival Corporation & is showing 2 warning signs in our investment analysis and 1 of those is a bit concerning. This technology could replace computers: discover the 27 stocks are working to make quantum computing a reality. The recent debt refinancing by Carnival Corporation, which involved issuing €1 billion and US$2 billion in notes due in 2031 and 2032, respectively, aligns with its ongoing fleet modernization strategy. This move may enhance long-term earnings stability by reducing secured debt and thereby potentially lowering interest expenses. Analysts forecast earnings to grow to US$3.7 billion by 2028, with profit margins expected to expand to 12.6%. This outlook reflects the company's aim to strengthen its financial health through effective capacity management and sustainability initiatives. In terms of share performance, over a three-year period, Carnival achieved a total return of 252.89%, reflecting a very large appreciation in shareholder value. Over the past year, the stock has also outperformed the US market, which returned 13.7%. This notable longer-term performance indicates strong market reception of Carnival's initiatives, including its unique private destinations and loyalty programs. Even though the company's share price recently experienced a substantial increase, bringing it close to the analysts' consensus price target of US$30.80, the current valuation suggests there could still be a 7% upside compared to the price target. The performance is underpinned by the anticipated growth in revenue and earnings, as well as improved Return on Equity. Investors, however, should consider the potential risks from geopolitical instability and modernization costs that could impact profitability. Insights from our recent valuation report point to the potential undervaluation of Carnival Corporation & shares in the market. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:CCL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data