Delegates at U.N. biodiversity talks in Rome made modest progress on measures to support nature, addressing unprecedented global biodiversity losses while facing geopolitical changes. Developing countries pushed for a new fund to mobilize $200 billion yearly by 2030, resulting in a compromise on a fund decision. The U.S. absence and cuts in biodiversity funding raised concerns, as stakeholders highlighted the urgent need for financial support to avert a biodiversity crisis and prevent devastating extinctions.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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