Women's Global Impact Forum 2025 Live Updates: WNBA, Hulken, Nissan Leaders Connect
Newsweek's inaugural Women's Global Impact Forum on Tuesday, August 5, will bring together women in senior leadership with the "rising stars" across industries at Newsweek headquarters in New York City. Speakers and attendees will discuss the progress we've made and share actionable solutions to navigate the remaining challenges facing women in the business world.
The one-day event is sponsored by MyEyeDr., with partners Hers and STARZ.
Panels will feature discussions about navigating the entrepreneurial ecosystem, equity and inclusion, consumer engagement, redefining metrics of success, adopting AI, fostering creativity and the "post-girlboss" leaders of the next generation.
Notable speakers include Lo Bosworth, founder of Love Wellness; WNBA Commissioner Cathy Engelbert; SoulCycle CEO Evelyn Webster; and Indra K. Nooyi, former chairman and CEO of PepsiCo.
Other speakers represent companies such as Girl Scouts of the USA, NFL, Ring Concierge, Clinique, Ford Motor Company, WeightWatchers and Virtua Health.
Find the full schedule and list of speakers here.
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3 hours ago
- Yahoo
HIMS Stock Plunges Following Q2 Earnings Miss, Gross Margin Down
Hims & Hers Health, Inc. HIMS delivered an earnings per share (EPS) of 17 cents in second-quarter 2025 compared with the year-ago period's EPS of 6 cents. However, the metric missed the Zacks Consensus Estimate by a penny. HIMS' Revenues in Detail Hims & Hers registered revenues of $544.8 million in the second quarter, up 72.6% year over year. The figure missed the Zacks Consensus Estimate by 1.5%. Solid revenues from the Online channel drove the top line despite being partially offset by Wholesale revenues. Shares of this company lost nearly 12.9% in today's pre-market trading. Hims & Hers' Segment Details Hims & Hers' operations consist of two channels — Online Revenues and Wholesale Revenues. In the quarter under review, Online Revenues of $536.9 million reflected a surge of 74.9% year over year on a reported basis. During the reported quarter, subscribers were 2.4 million (up 30.8% year over year). This was primarily driven by increased traffic to Hims & Hers' platform (through websites and mobile applications), resulting from its marketing activities and improved onsite and customer onboarding experiences and consumer adoption of the company's personalized offerings across its business, including GLP-1 weight loss offerings. Monthly online revenue per average subscriber increased 29.8% year over year to $74 in the second quarter, primarily resulting from subscriber uptake of personalized offerings across Hims & Hers' business, including its GLP-1 weight loss offering, along with changes in product mix. Wholesale Revenues totaled $7.9 million, down 9.7% year over year. Hims & Hers Health, Inc. Price, Consensus and EPS Surprise Hims & Hers Health, Inc. price-consensus-eps-surprise-chart | Hims & Hers Health, Inc. Quote HIMS' Margin Analysis In the second quarter, Hims & Hers' gross profit increased 62.2% year over year to $416.2 million. However, the gross margin contracted 491 basis points (bps) to 76.4%. Marketing expenses jumped 50.3% year over year to $217.9 million, while technology and development expenses increased 102.9% year over year to $37.8 million. General and administrative expenses rose 65.9% year over year to $67.3 million, while operations and support expenses increased 60.4% year over year to $66.5 million. Operating expenses of $389.5 million increased 58.6% year over year. Operating profit totaled $26.7 million, reflecting a 142.3% surge from the year-ago quarter. The operating margin in the second quarter expanded 141 bps to 4.9%. Hims & Hers' Financial Position Hims & Hers exited second-quarter 2025 with cash and cash equivalents and short-term investments of $1.14 billion compared with $322.7 million at the first-quarter end. Cumulative net cash provided by operating activities at the end of second-quarter 2025 was $89.9 million compared with $79.4 million a year ago. HIMS' Outlook Hims & Hers has provided its revenue outlook for the third quarter and reiterated the same for 2025. The company projects revenues for the third quarter of 2025 in the range of $570 million to $590 million, reflecting an uptick of 42-47% year over year. The Zacks Consensus Estimate is pegged at $583.3 million. For the full year, the company continues to project revenues in the range of $2.3 billion to $2.4 billion (representing growth of 56-63% from 2024 levels). The Zacks Consensus Estimate is pegged at $2.35 billion. Our Take on Hims & Hers Hims & Hers' robust improvement in the top and bottom lines and strength in its Online revenue channel in second-quarter 2025 were promising. The increase in subscribers and monthly online revenue per average subscriber during the quarter was encouraging. The expansion of the operating margin during the quarter bodes well. In July, HIMS closed its acquisition of ZAVA, expanding its presence in the U.K. and establishing a foundation in other strategic markets such as Germany, Ireland and France. Per management, the acquisition will likely accelerate the company's ability to expand into markets beyond Europe. In 2026, Hims & Hers expects to enter Canada with an initial focus on a holistic weight loss program, timed to align with the anticipated first-ever availability of generic semaglutide globally. These raise our optimism about the stock. However, Hims & Hers' lower-than-expected results in the second quarter of 2025 and lower Wholesale revenues were disappointing. The gross margin contracted due to rising product costs, which do not bode well for the stock. HIMS' Zacks Rank and Other Key Picks Hims & Hers currently carries a Zacks Rank #2 (Buy). A few other top-ranked stocks in the broader medical space that have announced quarterly results are GE HealthCare Technologies Inc. GEHC, West Pharmaceutical Services, Inc. WST and Boston Scientific Corporation BSX. GE HealthCare, sporting a Zacks Rank #1 (Strong Buy), reported second-quarter 2025 adjusted EPS of $1.06, beating the Zacks Consensus Estimate by 16.5%. Revenues of $5.01 billion outpaced the consensus mark by 0.7%. You can see the complete list of today's Zacks #1 Rank stocks here. GE HealthCare has a long-term estimated growth rate of 5.8%. GEHC's earnings surpassed estimates in each of the trailing four quarters, the average surprise being 12.5%. West Pharmaceutical reported second-quarter 2025 adjusted EPS of $1.84, beating the Zacks Consensus Estimate by 21.9%. Revenues of $766.5 million surpassed the Zacks Consensus Estimate by 5.4%. It currently flaunts a Zacks Rank #1. West Pharmaceutical has a long-term estimated growth rate of 8.4%. WST's earnings surpassed estimates in each of the trailing four quarters, the average surprise being 16.8%. Boston Scientific reported second-quarter 2025 adjusted EPS of 75 cents, beating the Zacks Consensus Estimate by 4.2%. Revenues of $5.06 billion surpassed the Zacks Consensus Estimate by 3.5%. It currently carries a Zacks Rank #2. Boston Scientific has a long-term estimated growth rate of 14%. BSX's earnings surpassed estimates in each of the trailing four quarters, the average surprise being 8.1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Boston Scientific Corporation (BSX) : Free Stock Analysis Report West Pharmaceutical Services, Inc. (WST) : Free Stock Analysis Report Hims & Hers Health, Inc. (HIMS) : Free Stock Analysis Report GE HealthCare Technologies Inc. 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Newsweek
3 hours ago
- Newsweek
Student Loan Borrowers in This State May Be Eligible for Up to $5K Credit
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The state of Maryland is offering a student loan tax credit worth up to $5,000, but time is running out to apply. The Student Loan Debt Relief Tax Credit is offered through the Maryland Higher Education Commission (MHEC) and is available to state taxpayers who took on at least $20,000 in loans. Why It Matters Student debt remains a major financial burden for millions of Americans, with recent Pew Research indicating that one in four U.S. adults under 40 carries student loan debt, usually between $20,000 and $25,000. The resumption of student loan interest for more than 7 million borrowers in SAVE forbearance has put additional pressure on repayment efforts nationwide. Harvard graduates celebrate at their commencement ceremony on May 29, 2025. Harvard graduates celebrate at their commencement ceremony on May 29, 2025. Libby O'Neill/Getty Images What To Know For Maryland residents, the Student Loan Debt Relief Tax Credit provides a targeted opportunity to ease this burden, potentially saving individuals thousands of dollars. However, the application window for 2025 closes on September 15. As loan balances and monthly payments rise, state-sponsored programs like this are of growing relevance to borrowers and the broader economy, offering a model for how states might alleviate student financial challenges. Eligible applicants can receive an average tax credit of about $1,870, with awards reaching up to $5,000 for the 2025 tax year. The pool for this year's credits is $9 million, with priority given to state employees. "This is an incredible opportunity for in-state borrowers, especially those who are seeing interest starting to accrue after years of a pause on accumulation," Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek. Last year, nearly 85 percent of applicants qualified for some level of relief, and applicants may apply each year without a cap. "This is for Maryland residents who took on at least $20,000 in student loans and still have a balance of $5,000 or more," Kevin Thompson, the CEO of 9i Capital Group and the host of the 9innings podcast, told Newsweek. "You've also got to be actively paying on your loans—so if you're in deferment or default, you may not qualify." Eligibility Requirements Be a Maryland taxpayer who maintains Maryland residency for the 2025 tax year. File a Maryland state income tax return for 2025. Have initially incurred at least $20,000 in undergraduate or graduate student loan debt. Have at least $5,000 in outstanding student loan debt at the time of application. Be actively making student loan payments. "Most people that apply do qualify for some amount of money, so we want to make sure that people know, don't count yourself out, because it is very likely that you will qualify for at least some amount of money," Kristin Clarkson, communications director at MHEC, told Baltimore station WMAR-2 News. Applicants should gather necessary documents from their loan servicers and tax preparers as soon as possible. Recipients must apply the awarded credit directly to their student debt and provide receipts to the MHEC. Borrowers have three years to show proof that the full credit amount was paid toward their loan. Failure to submit proof by the stated deadlines for any given year results in the state recapturing the tax credit through the Comptroller's Office. Further details and application materials can be found on the MHEC website Alongside the state credit, borrowers may also be eligible for federal tax deductions of up to $2,500 in student loan interest, subject to income limits. For 2024, those who paid $600 or more in interest should receive a Form 1098-E from their lender and can review IRS rules on the IRS website. What People Are Saying Kevin Thompson, the CEO of 9i Capital Group and the host of the 9innings podcast, told Newsweek: "Some states have leftover funds from previous programs, and Maryland is putting those dollars to work. It makes sense—if you're buried in student debt, you're probably not spending much, and that means less tax revenue for the state. By freeing up some of that burden, the state hopes folks can spend more, maybe save more, and eventually put more money back into the local economy." Bobbi Rebell, a certified financial planner and consumer finance expert at told Newsweek: "This is a great resource for so many borrowers but the clock is ticking. The key here is to go back into student mode and make sure you study all the rules and make sure to follow every single one, leaving no room for error. The slightest technical mistake will cost you dearly." Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek: "For residents of other states, this Maryland-based program is undoubtedly one that will make them envious of those who qualify. The amount varies per filer, but the amazing thing of the credit is the already outlined qualifications are the only rules. There are no additional income requirements." What Happens Next Applicants must submit all required materials by September 15. "Pay attention to the deadline and the details," Rebell said. "Get started now because you may be dependent on others like your accountant or tax preparer to give you the proper documentation and they may be on vacation." The Maryland Higher Education Commission will notify successful candidates by December 2025. Recipients then have three years from the close of the applicable tax year to demonstrate that the awarded funds were directly applied to their student loan, or risk having the credit recaptured by the state. "It won't fix everything—wages and living costs are still rising—but it's a start. And it might help people get ahead just a little faster," Thompson said.
Newsweek
4 hours ago
- Newsweek
Elon Musk Called Out by Bill Maher
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Elon Musk was called out by Bill Maher on a new episode of his podcast about his comments regarding the declining birth rate in the United States. Newsweek reached out to Musk's representative via email for comment on Tuesday. Why It Matters Musk is the world's wealthiest man, with a net worth of $401.7 billion as of August 5, according to Forbes. The 54-year-old is the CEO of Tesla, founder of aerospace company SpaceX, and led President Donald Trump's Department of Government Efficiency (DOGE) until May. He purchased Twitter in 2022 and changed its name to X the following year. Maher, 69, is a comedian and political commentator known for his talk shows Real Time with Bill Maher and Politically Incorrect, as well as his podcast Club Random with Bill Maher. (L) Elon Musk in San Francisco on January 24, 2023. (R) Bill Maher in Los Angeles on February 28, 2025. (L) Elon Musk in San Francisco on January 24, 2023. (R) Bill Maher in Los Angeles on February 28, 2025.;for Creative Artists Agency, LLC What To Know During Monday's episode of Club Random with Bill Maher, Maher spoke with musician Rick Springfield about the Earth's population. Despite Springfield's granddaughter being born just a couple of weeks ago, the "Jessie's Girl" singer said the world doesn't need more people. "I am really falling behind in this reproductive competition," Maher, who has never married or had children, told listeners. "We don't need more!" Springfield said. "I think that," Maher responded. "And yet there's a big movement out there—Elon Musk—many other people talk about, 'We have to have more babies.' This is like a thing." "Eh, everyone else is taking care of that," Springfield said. "But I think they're wrong. I think we already have too many," the television host said. "I think we have way too many," Springfield agreed. "The Earth cannot support what it has now." "Exactly, exactly. Right. Their argument is stupid," Maher said. "Their argument is, 'There's plenty of room.' There's plenty of room. There's not plenty of resources. We could fit them here, we just can't feed them and take care of all their s***." "Exactly, where will all that s*** go? Where does all the food come from and where does all the s*** go?" Springfield asked. "It's insane, there's way too many of us." Maher appeared to be referring to Musk's comments about the declining birth rate. Over the years, the businessman has encouraged people to have more kids. Musk is the father of 14 children. At a Wall Street Journal event in 2021, Musk said, per CNBC: "There are not enough people. I can't emphasize this enough, there are not enough people." He added that the birth rate is "one of the biggest risks to civilization." According to the Congressional Budget Office, the U.S. fertility rate is forecast at 1.6 births per woman over the next 30 years. A 2.1 births per woman average is required to maintain a stable population. Musk shared his thoughts on the topic in a June 26 post on X. "People who have kids do need to have 3 kids to make up for those who have 0 or 1 kid or population will collapse," he said. At the time of publication, his note racked up more than 43.7 million views and 173,000 likes. What People Are Saying In June, Musk hit back at Bill Maher after he said on Real Time With Bill Maher that the tech billionaire "developed a drug habit." Musk wrote on X: "I'm not on drugs ffs." What Happens Next New episodes of Club Random with Bill Maher air Mondays on platforms like Spotify, YouTube and Apple Podcasts.
