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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
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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...
AI and Data Infrastructure Fuel 2025 Tech M&A Boom as Dealmaking Accelerates
Key Points AI’s Role in Dealmaking AI is playing a crucial role in revitalizing dealmaking in 2025, particularly in the mergers and acquisitions (M&A) sector. [more…]
Amazon Sets 30-Day Relocation Deadline for U.S. Employees Amid Layoff Fears and Office Return Push
Key Points Policy Overview Amazon has implemented a relocation policy requiring corporate employees to move to major hubs. Employees must decide within 30 days whether [more…]
Trump Slams Fed After Rate Hold, Demands Immediate Cuts and Says Rates Should Be 2.5 Points Lower
Key Points Background Donald Trump has been vocal about his desire for the Federal Reserve to lower interest rates, citing economic benefits and comparing the [more…]
“Microsoft–OpenAI Partnership Under Strain as $20B Talks Stall and Tensions Escalate”
Key Points Background OpenAI, known for AI innovations like ChatGPT, has a complex partnership with Microsoft, involving significant investments and revenue-sharing. Recently, tensions have escalated [more…]
“U.S. Housing Starts Fall to Lowest Level Since Pandemic as Permits and Builder Sentiment Plunge in May”
Key Points Background Housing starts, which measure the number of new residential construction projects begun, have significantly declined, reaching levels last seen during the pandemic. [more…]
“Fed Holds Interest Rates Steady for Fourth Meeting, Signals Two Cuts in 2025 as Balance Sheet Reduction Ends”
Key Points Decision Overview On June 18, 2025, the Federal Reserve decided to maintain its key interest rate, marking the fourth consecutive meeting without a [more…]
“Jennifer Garner’s Baby Food Company Reportedly Files Confidentially for IPO, Eyes Listing as Early as 2025”
Key Points Company Overview Once Upon a Farm, co-founded by Jennifer Garner, Cassandra Curtis, Ari Raz, and John Foraker in 2015, is based in Berkeley, [more…]
“Fed Holds Rates Steady, Signals Two Cuts in 2025 as Dot Plot Reveals Hawkish Shift and Divided Outlook”
Key Points Current Rate and Projected Cuts The Federal Reserve currently maintains the federal funds rate at 4.25%-4.50%. Projections indicate two rate cuts in 2025, [more…]
“Volkswagen to Launch ID. Buzz Robotaxis on Uber’s U.S. Platform by 2026 as Self-Driving EV Fleet Expands”
Key Points Launch Details VW is planning to introduce its ID. Buzz robotaxis in 2026, with the first commercial service expected in Los Angeles. The [more…]
“Trump Unveils $499 ‘Made in America’ Smartphone Amid Skepticism Over China Manufacturing Links”
Key Points Background The Trump phone refers to the T1 Phone, part of Trump Mobile, launched by the Trump Organization. It’s claimed to be “designed [more…]