The hit Apple TV+ series, starring Eugenio Derbez and Enrique Arrizon, wraps up with new Latino celebrity guest stars.
BUSINESS
Mattel plans to raise prices, and explains why tariffs could be bad for kids
Toy-maker Mattel Inc. on Monday said it plans to raise prices in the U.S. “where necessary” on some toys and take steps to rely less on China for production, while pausing its full-year outlook as it tries to get a handle on the impact of the global trade war.
Amazon faces dilemma after DoorDash deal to buy Deliveroo for $3.9 billion
Deliveroo investor Amazon.com has yet to say whether it will vote for DoorDash’s takeover bid for the U.K. food-delivery service company.
CoinDesk 20 Performance Update: Index Drops 2.2% as All Assets Trade Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 2654.32, down 2.2% (-60.12) since 4 p.m. ET on Monday.
None of the 20 assets are trading higher.
Leaders: BCH (-0.3%) and BTC (-0.8%).
Laggards: SUI (-7.7%) and AAVE (-7.5%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
Bitcoin Mining Rig Maker Canaan Could Have 5X Upside, Says Wall Street Analyst
Singapore-based developer of bitcoin mining ASIC chips and rigs Canaan (CAN) has had a rough run, but could be a five-bagger, suggests Benchmark analyst Mark Palmer.
Palmer on Tuesday initiated coverage of the ADRs with a buy rating and a $3 price target. The shares closed yesterday at $0.62, lower by 72% year-to-date.
Canaan’s dual strategy is focused on the development of ASIC bitcoin chips and rigs, and the expansion of its self-mining operations, especially in the United States, said Palmer.
“CAN’s vertically integrated approach differentiates it within the bitcoin mining space while positioning it to capitalize on both chip/rig sales and proprietary mining revenues,” he wrote.
Canaan’s push into home mining rigs has diversified the company’s revenue, he further noted.
The equipment maker is also growing its self-mining capacity in the U.S. and globally.
“While the company derived just 16.3% of its 2024 revenues from its self-mining operations, it intends to increase the total computer power driving its self-mining operations by mid-2025 to 10 EH/s in North America and 15 EH/s globally,” Palmer added.
Canaan has a stack of 1,408 bitcoin with a current value of around $133 million, or nearly 70% of its current market cap, said Palmer. That should be supportive of the company’s valuation.
Read more: Bitcoin Miners With HPC Exposure Underperformed BTC for Third Straight Month: JPMorgan
Trade deficit hit a record in March as companies rushed to import goods ahead of tariffs
At some point, the tide will shift and imports will “drop like a stone,” according to one economist.
Trump’s push to privatize Medicare would be a disaster for taxpayers — especially seniors
Medicare Advantage is more costly for Americans than traditional Medicare. So why does Trump favor it?
The Cavinder Twins and Raising Cane’s CEO Reveal the Secret Sauce of Success
Todd Graves, founder and CEO of Raising Cane’s, and Hanna and Haley Cavinder, NIL trailblazers and entrepreneurs, discuss the passion and drive it takes to succeed in business on the new episode of “The Playbook.”
Clorox sees consumer sentiment weaken substantially and shopping habits change
Clorox dialed down expectations for 2025 sales, saying that economic uncertainty is leading some people to change their shopping.
Willie Nelson Blocked From Another Career No. 1
At 92, Willie Nelson debuts at No. 2 on the U.K.’s Official Country Artists Albums chart with Oh What a Beautiful World, his seventy-seventh solo studio album and latest top 10.