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Meta financial report predicts a decrease in Q2 revenue, and the stock price dropped more than 10% after the market.
Meta announced that the operating revenue in the first fiscal quarter reached 36.46 billion US dollars, higher than the 36.12 billion US dollars expected by analysts. It increased by 27% annually, marking the fifth consecutive quarter of accelerated growth and also achieving the fastest expansion rate within three years since [more ...]
ASML: US restricts it from providing after-sales services for some Chinese equipment.
Peter Wennink, the chief executive of Dutch chip equipment manufacturer ASML, said that in some cases, the US government will prevent the company from providing after-sales services for some of the machines it had previously sold to Chinese customers. However, these restrictions will not have a significant impact on the [more ...]
Macy’s reaches a settlement with activist investors and adds two new directors.
The veteran US department store giant Macy's has ended its dispute with activist investment firm Arkhouse and agreed to add two directors who will be responsible for reviewing Arkhouse's plan to acquire Macy's, which means Macy's may further move towards privatization. After the news was revealed, Macy's stock price once [more ...]
Mountmellick folk artist all set for Culture Night concert performance
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Highlights and runs: San Diego Padres 11-8 Los Angeles Dodgers in MLB
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MotoGP: Jorge Martin wins San Marino Grand Prix sprint race after new lap record
Pellentesque Aenean Hac Sem Placerat Iaculis Ut Iaculis pharetra facilisis dui urna taciti blandit maecenas condimentum eget phasellus, risus justo turpis hac iaculis nisi feugiat hymenaeos posuere ante pede penatibus torquent, ultrices dapibus dolor fusce donec malesuada Metus sociis. Consequat libero sem mattis duis litora per torquent velit pharetra nunc...
Brazil thrash Bolivia 5-1 in Neymar’s record-breaking appearance
Pellentesque Aenean Hac Sem Placerat Iaculis Ut Iaculis pharetra facilisis dui urna taciti blandit maecenas condimentum eget phasellus, risus justo turpis hac iaculis nisi feugiat hymenaeos posuere ante pede penatibus torquent, ultrices dapibus dolor fusce donec malesuada Metus sociis. Consequat libero sem mattis duis litora per torquent velit pharetra nunc...
NFL: Super Bowl LVII-Kansas City Chiefs vs Philadelphia Eagles
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Tour de France stage winner Michael Woods of Ottawa headlines 2023 Montreal Grand Prix
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Macy’s reaches a settlement with activist investors and adds two new directors.
The veteran US department store giant Macy's has ended its dispute with activist investment firm Arkhouse and agreed to add two directors who will be responsible for reviewing Arkhouse's plan to acquire Macy's, which means...
Spotlight: Nostalgic jewellery styles that are back in fashion
Pellentesque Aenean Hac Sem Placerat Iaculis Ut Iaculis pharetra facilisis dui urna taciti blandit maecenas condimentum eget phasellus, risus justo...
North Sails partners with Coral Gardeners to launch a conscious beachwear collection
Pellentesque Aenean Hac Sem Placerat Iaculis Ut Iaculis pharetra facilisis dui urna taciti blandit maecenas condimentum eget phasellus, risus justo...
Mountmellick folk artist all set for Culture Night concert performance
Natoque Nascetur Semper Elementum magnis malesuada augue. Sed iaculis luctus bibendum dignissim ridiculus nisi gravida fames ante conubia nascetur facilisis...
Intel’s new CEO explores a big shift in the chip manufacturing business
Key Points Background Intel, a leading semiconductor company, has faced challenges recently, posting a net loss of $18.8 billion in 2024, its first unprofitable year [more…]
China Races to Challenge US Dollar Dominance with Stablecoin Push and New Regulations in Hong Kong
Key Points Overview China is making strides in stablecoin development, particularly through Hong Kong, to enhance the yuan’s international role. This move is seen as [more…]
Paramount Settles Trump’s ‘60 Minutes’ Suit for $16 Million
Key Points Settlement Details Paramount Global, the parent company of CBS News, has agreed to pay $16 million to settle Trump’s lawsuit related to edits [more…]
Senate Passes Trump’s Sweeping Tax and Immigration Bill: Cost Estimates, Impact on 2025 Tax Cuts and Spending
Tax Provisions The bill extends and expands various tax cuts, including making the 2017 Tax Cuts and Jobs Act provisions permanent, eliminating taxes on tips [more…]
Fed Stress Test Results Clear Path for US Banks; JPMorgan and Wells Fargo Announce Dividend Increases and Share Repurchase Plans
Market Overview Following the release of the 2025 Federal Reserve stress test results on June 27, 2025, the largest US banks have begun announcing increases [more…]
Stock market today: Dow, S&P 500, Nasdaq futures rise as Trump’s tax bill heads to House
Key Points Market Overview As of early Wednesday, July 2, 2025, stock futures for the Dow, S&P 500, and Nasdaq are showing gains, aligning with [more…]
Fed’s Powell says dollar swap lines remain important tool
Key Points Powell’s StatementOn July 1, 2025, Jerome Powell, Chairman of the Federal Reserve, stated that dollar swap lines remain an important tool for global [more…]
Job openings hit highest level since November 2024
Key Points Job Openings Surge In May 2025, job openings in the United States hit 7.769 million, marking the highest level since November 2024, when [more…]
Powell isn’t taking a July rate cut off the table for Fed
Key Points Powell’s Stance Jerome Powell, the Federal Reserve Chairman, has indicated that a rate cut in July 2025 is not off the table. During [more…]
Gold Rises With Trump’s Tax Bill Seen Widening US Deficits
Key Points Gold Price Surge On July 1, 2025, gold prices reached a record high of $3,341.80 per ounce, reflecting a 1.17% increase from the [more…]