Investing.com -- U.S. seaports processed 6.8% fewer container imports in January compared to the same month last year, according to data released Monday by supply chain technology provider Descartes Systems Group.
The decline follows an unusually strong January 2025, when U.S. companies rushed to bring in goods ahead of President Donald Trump's tariffs, creating a record high for the month.
Despite the year-over-year decrease, January's total of 2,318,722 20-foot... (continue reading...)
Investing.com -- Robinhood Markets (NASDAQ: HOOD) stock rose 2.7% Monday morning, outperforming broader markets that were down slightly and crypto-linked stocks that fell over 2%, following an upgrade from Wolfe Research.
Analyst Steven Chubak upgraded Robinhood from Peerperform to Outperform and set a price target of $125.00, representing significant upside from Friday’s closing price of $82.80. The upgrade comes as the analyst looks to "take advantage of the recent... (continue reading...)
Investing.com -- SpaceX is changing its space exploration priorities, with CEO Elon Musk announcing the company will focus on building a "self-growing city" on the moon before pursuing Mars colonization.
Musk stated on Sunday via his X social media platform that this lunar city could be established in less than 10 years. While SpaceX still plans to begin work on a Mars city within five to seven years, Musk explained that "the overriding priority is securing the future of... (continue reading...)
Investing.com -- China's transport ministry has summoned Alibaba-owned Amap's ride-hailing service over management and pricing issues, urging the company to better protect drivers' rights and interests.
The ministry instructed Amap to "implement the public commitment to reduce commission fees and ensure reasonable income for drivers," according to an official statement. Authorities also called on the company to strengthen its safety measures and oversight efforts.
In... (continue reading...)
Investing.com -- British Prime Minister Keir Starmer is continuing with his duties and has no intention of stepping down from his position, according to a statement from his spokesperson on Monday.
When directly asked if Starmer was planning to stand down, the spokesperson clearly answered "no" to reporters.
"The prime minister is ... getting on with the task of delivering change across the country," the spokesperson said, emphasizing Starmer's commitment to his current role and responsibilities.
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