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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
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...
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...
BYD Chairman Wang Chuanfu has expressed strong confidence in the company’s overseas sales performance for 2025 and outlined ambitious plans for advancing intelligent driving technologies over the next three to five years.
BYD Chairman Wang Chuanfu has expressed strong confidence in the company’s overseas sales performance for 2025 and outlined ambitious plans for advancing intelligent driving technologies [more…]
Zenith Bank Named Best Bank in Nigeria
Zenith Bank Plc has been named the “Best Bank in Nigeria” for 2025 by Global Finance magazine, marking the fifth time in six years the [more…]
Procter & Gamble to Cut 7,000 Jobs Amid Tariff Uncertainty
Procter & Gamble (P&G) has announced plans to cut approximately 7,000 non-manufacturing jobs over the next two years, representing about 15% of its non-manufacturing workforce [more…]
Transamerica Life Bermuda Approved to Operate in Dubai
Transamerica Life Bermuda, a global high-net-worth life insurer, has received regulatory approval from the Dubai Financial Services Authority (DFSA) to establish a presence in the [more…]
Wise Plans Primary Listing Move to New York
UK-based fintech company Wise has announced plans to shift its primary stock market listing from London to New York, while maintaining a secondary listing on [more…]
Global Energy Investment Shifts Toward Clean Technologies
Global energy investment is projected to reach a record $3.3 trillion in 2025, with $2.2 trillion—approximately two-thirds—allocated to clean technologies such as renewables, nuclear, storage, [more…]
Trump’s ‘America First’ Policy Challenges Global Financial Arbitrage
President Trump’s “America First” economic agenda is increasingly targeting global financial flows, challenging long-standing practices of international financial arbitrage. This shift is exemplified by the [more…]
UBS Faces Increased Capital Requirements Post Credit Suisse Acquisition
Swiss regulators are poised to implement stringent capital requirements for UBS following its 2023 acquisition of Credit Suisse. These measures aim to bolster financial stability [more…]
Non-farm payrolls to be released tonight: How low will the drop in new employment force the Fed to cut interest rates?
The U.S. Bureau of Labor Statistics is set to release the May 2025 Non-Farm Payrolls (NFP) report tonight at 8:30 p.m. ET. Economists anticipate a [more…]
Circle’s Impressive NYSE Debut and Market Impact Stablecoin Issuer Circle Surges in NYSE Debut
Circle Internet Group Inc., the issuer of the USD Coin (USDC) stablecoin, made a remarkable debut on the New York Stock Exchange (NYSE) on June [more…]