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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
Natoque Nascetur Semper Elementum magnis malesuada augue. Sed iaculis luctus bibendum dignissim ridiculus nisi gravida fames ante conubia nascetur facilisis in auctor adipiscing nisi torquent tellus vulputate non dapibus senectus habitasse per vehicula ipsum nulla fusce morbi lectus habitasse hendrerit. Senectus vulputate senectus mus, dolor orci vitae. Nunc magnis in auctor lectus nulla dis nostra pulvinar aptent lacinia. Congue sagittis [more ...]
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...
Mediobanca Pledges $5.74B Shareholder Return to Fend Off Monte Paschi’s $13.9B Hostile Bid
Key Points Announcement Mediobanca, an Italian merchant bank, announced on June 27, 2025, it will return 4.9 billion euros (around $5.74 billion) to shareholders, mostly [more…]
NTT Files for $1 Billion Data Center REIT IPO on Singapore Exchange, Targeting July Listing
Key Points BackgroundNippon Telegraph and Telephone Corporation (NTT), a Japanese telecom giant, is moving to list a new real estate investment trust (REIT) focused on [more…]
Nike Frankfurt Shares Surge 9% After Earnings Beat, Boosting Adidas and Puma Stocks
Key Points Nike’s Share PerformanceNike’s Frankfurt shares, listed as NKE, saw a significant rise following their quarterly earnings announcement on June 26, 2025. The company [more…]
Trump Pressures Fed for Immediate Rate Cuts as 2025 Election Looms and Eyes Powell Replacement
Key Points Background The Federal Reserve (Fed) sets interest rates to manage economic growth and inflation. A dovish Fed is seen as favoring lower rates [more…]
US and China Reach Rare Earth Trade Deal as Trump Announces Landmark Agreement and Tariff Truce
Key Points Announcement Donald Trump announced on June 26, 2025, that the US and China have signed a trade deal, stating it was signed the [more…]
Unilever Acquires Dr. Squatch to Boost Men’s Personal Care and Capture Gen Z Market
Key Points Acquisition OverviewUnilever, a major consumer goods company, has agreed to buy Dr. Squatch, a men’s grooming brand, for $1.5 billion from Summit Partners. [more…]
Gold Prices Dip for the Week as Israel-Iran Ceasefire and Fed Uncertainty Weigh on Demand
Key Points Current Gold Prices As of early Friday, June 27, 2025, at 01:45 AM PDT, gold is trading at $3,310.70, down $37.30 (-1.11%) for [more…]
Wall Street Bulls Push S&P 500 Near Record as Buffett Warns and Mideast Risks Loom
Key Points Current Trend Investors are piling into risky stocks, ignoring advice to focus on companies with strong balance sheets. This risk-on behavior is evident [more…]
Fed Officials Divided on July Rate Cut as Majority Lean Against Interest-Rate Cut
Key Points Current Stance As of June 27, 2025, recent statements suggest that the majority of Fed officials, including Chair Jerome Powell, are not ready [more…]
Stock Market Rallies on Fed Rate Cut Bets: Dow, S&P 500 & Nasdaq Near Record Highs Amid GDP Miss
Key Points Current Market Futures As of early Friday, June 27, 2025, at 01:11 AM PDT, the stock market futures are showing gains: These figures [more…]