15h ago
Meta Boosts AI Bet With Spending Outlook and New Stock Class
The company plans to issue a new class of nonvoting stock through a stock dividend. The issuance is essentially a two-for-one stock split.
ETH-2.72%
BTC-2.02%
XRP-2.30%
USDC-0.01%
SOL-2.23%
SUI-4.38%
DOGE-3.37%
NEAR-3.80%ETH-2.72%BTC-2.02%XRP-2.30%USDC-0.01%SOL-2.23%SUI-4.38%DOGE-3.37%NEAR-3.80%ETH-2.72%BTC-2.02%XRP-2.30%USDC-0.01%SOL-2.23%SUI-4.38%DOGE-3.37%NEAR-3.80%ETH-2.72%BTC-2.02%XRP-2.30%USDC-0.01%SOL-2.23%SUI-4.38%DOGE-3.37%NEAR-3.80%
7-7
Hundreds of companies and governments seek exemptions as U.S. weighs new 12.5% Section 301 tariffs
The Office of the United States Trade Representative (USTR) has proposed a 12.5% Section 301 tariff on 59 jurisdictions plus the EU, arguing they have not effectively barred imports made with forced labor. American Sugar Refining has voiced support for higher duties on imported refined sugar and opposed excluding those imports from the tariff scope. If implemented, the policy would directly benefit domestic sugar processors, while the summary does not cite any specific listed companies or futures contract tickers.
6-24
Florida to exempt qualifying gold and silver coins from sales and use tax from July 1
Florida’s Department of Revenue said qualifying physical gold and silver products will be exempt from sales and use tax starting July 1. The exemption covers items recognized as legal tender and meeting purity thresholds—gold at or above 99.5% and silver at or above 99.9%—including certain coins, rounds, bars and ingots. Jewelry, utility items and collectibles are excluded. The move lowers transaction costs for holding physical precious metals in Florida but does not change federal pricing or global supply-and-demand dynamics.
6-18
Brazil cocoa grinders oppose bill to cut import tax drawback claim period to 6 months from 24
Brazil’s cocoa industry association AIPC is criticizing a bill pending in Congress that would shorten the deadline for claiming tax benefits linked to cocoa imports under a drawback mechanism from 24 months to six. The group said the change would leave companies less time to complete processing and export cycles. AIPC warned this could lift production costs and erode the international price competitiveness of Brazilian cocoa products.
6-16
Poland pitches a “Copper Valley” plan as Lumina Metals jumps 46% in Warsaw debut
Poland has floated a “Copper Valley” proposal built around a new copper mine in southwestern Poland planned by Canada’s Lumina Metals, with the aim of doubling the country’s copper output from KGHM’s current level. Lumina surged 46% on its first day of trading on the Warsaw exchange, highlighting investor attention on Poland’s copper expansion. The development has strengthened expectations for growth in global copper supply and is seen as a short- to medium-term upside catalyst for spot and futures prices.
