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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
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...
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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...
FOMC Projections June 2025: 3 Key Data Points Defining Fed’s Economic Risk Outlook
Key Points The Fed’s Economic Risk The Federal Reserve’s recent projections indicate a growing concern over stagflation, a scenario where economic growth slows, unemployment rises, [more…]
Google Likely to Lose EU Appeal Over Record $4.7 Billion Antitrust Fine
Key Points Background The fine, originally set at $4.7 billion (4.1 billion euros) in 2018, was reduced to $4.13 billion (4.125 billion euros) in 2022 [more…]
AI Avatars Outsell Human Hosts in China’s 6-Hour Livestream: Baidu Event Sparks Viral Debate
Key Points Event Overview In a recent livestream on Baidu’s e-commerce platform, two AI avatars, powered by Baidu’s ERNIE model, generated over $7 million in [more…]
SpaceX Starship Explodes on Launch Pad During Test Flight, Major Setback for Musk’s Mars Mission
Key Points Incident OverviewOn June 18, 2025, SpaceX’s Starship Ship 36 experienced a major anomaly, resulting in an explosion during a routine test at the [more…]
Swiss Central Bank Cuts Rates to Zero Amid Safe-Haven Surge—Negative Rates Still on Table
Key Points Background Switzerland’s central bank, the SNB, has been adjusting its monetary policy to manage economic conditions. The recent rate cut to zero is [more…]
Israel-Iran Conflict Drives Surge in Middle East Shipping Insurance Costs
Key Points Recent IncreasesRecent reports indicate that marine insurers are now charging 0.2% of a ship’s value for journeys into the Gulf, up from 0.125% [more…]
Federal Reserve June 18 FOMC Statement and Dot Plot Reveal Economic Slowdown Projections
Key Points Recent Fed StatementOn June 18, 2025, the Federal Reserve held interest rates steady but revised its economic outlook, forecasting slower growth and higher [more…]
European Stocks Slide to One-Month Low as Israel–Iran Conflict Escalates; Oil Prices Rise on Supply Fears
Key Points Market PerformanceOn June 19, 2025, European stocks closed lower, influenced by the escalating Israel-Iran conflict. The DAX fell 1.12% to 23,057.38, the FTSE [more…]
Israel Denies Regime Change Goal in Iran as Leaders Call for Global Action Against Tehran’s Nuclear Program
Key Points Background Israeli President Isaac Herzog recently addressed Israel’s stance on Iran, emphasizing the focus on dismantling Iran’s nuclear capabilities rather than pursuing regime [more…]
Trump Slams Fed Chair Powell After Rate Hold, Demands Cuts as $36T Debt Refinancing Looms
Key Points Background Donald Trump has been vocal about wanting the Federal Reserve to lower interest rates significantly, criticizing Fed Chair Jerome Powell for not [more…]