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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
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Brazil thrash Bolivia 5-1 in Neymar’s record-breaking appearance
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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...
US Lifts Chip Design Software Curbs on China in Trade Deal
Key Points Background The US and China have been engaged in a trade war, with restrictions on technology exports, including chip design software, being a [more…]
Trump’s immigration crackdown is hurting sales of America’s most popular beer
Key Points Background President Donald Trump’s immigration policies in 2025 have included aggressive measures such as workplace raids and mass deportation campaigns, targeting undocumented immigrants [more…]
Beijing Braces for US Trade Deals That Aim to Shut Out China
Key Points Background The US is actively negotiating bilateral trade agreements with various countries, aiming to reduce reliance on China and address perceived unfair trade [more…]
Tesla’s energy storage business gets sucked into the company’s downward spiral
Key Points Recent Performance Tesla’s energy storage business has seen a decline in deployments, with 9.6 GWh installed in Q2 2025, down from 10.4 GWh [more…]
OpenAI condemns Robinhood’s ‘OpenAI tokens’
Key Points Background OpenAI has publicly addressed Robinhood’s initiative to offer “OpenAI tokens” to European users, clarifying that these tokens do not represent direct ownership [more…]
House Republicans Clear Critical Hurdle in Trump Tax Bill Debate
Key Points Background On July 3, 2025, House Republicans cleared a crucial procedural hurdle, voting 219-213 to advance President Donald Trump’s sweeping tax-cut and spending [more…]
Trump tariffs live updates: Trump announces Vietnam deal as US-China trade tensions ease
Key Points Vietnam Trade Deal On July 2, 2025, President Donald Trump announced a preliminary trade deal with Vietnam, imposing a 20% tariff on Vietnamese [more…]
Stock market today: Dow, S&P 500, Nasdaq futures tick higher as Wall Street braces for June jobs report
Key Points Current Market Futures As of 01:59 AM PDT on Thursday, July 3, 2025, the stock market futures are showing slight gains: These figures [more…]
June jobs report expected to show hiring slowed while unemployment rate ticked higher
Key Points Expected Hiring Trends Economists anticipate a slowdown in hiring for June 2025, with nonfarm payrolls expected to grow by 100,000 to 115,000, compared [more…]
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…]