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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
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...
U.S. Court Blocks Trump’s Broad Tariffs
On May 28, 2025, the U.S. Court of International Trade ruled to block many of Trump’s tariffs, stating he misused emergency powers to impose them. [more…]
Gold edges higher after loss with US data, trade talks in focus
Gold prices, as of May 28, 2025, at 01:48 AM PDT, are currently trading at approximately $3,307.60 per ounce, according to recent market data from [more…]
Japan’s quick-fix for bond markets sets a global test case
Japan recently tackled rising yields on its long-term bonds, like 40-year Japanese Government Bonds (JGBs), which hit a record 3.675%. To address this, the government [more…]
The Stock Market Could Make Big Moves This Week Following Critical News on Nvidia, Interest Rates, and Inflation
The S&P 500 (SNPINDEX: ^GSPC) has rebounded 18% since hitting bottom in early April after President Trump announced his “Liberation Day” tariffs. The index rocketed [more…]
Exclusive-Shein working towards Hong Kong listing after London IPO stalls, say sources
Shein, the Singapore-headquartered fast-fashion giant founded initially in China, is redirecting its initial public offering (IPO) ambitions toward Hong Kong after encountering regulatory obstacles with [more…]
Remy Cointreau names luxury veteran Marilly as new CEO
Remy Cointreau, a French cognac maker, has named Franck Marilly its new Chief Executive Officer (CEO), succeeding Eric Vallat. Marilly will take office on June [more…]
Nvidia earnings to reveal hit from US export curbs on China
Earnings Report Overview Nvidia (NVDA) is set to disclose its fiscal first-quarter earnings report after the market closes on May 28, 2025, with a conference [more…]
Tencent to become second-largest shareholder in K-Pop agency SM Entertainment
On May 27, 2025, HYBE announced through a public disclosure and filing with the Financial Supervisory Service that it will sell its entire stake in [more…]
BYD’s stock market fell 9% after it announced price cuts for several models
Price Discounts and Competitive Pressures On May 24–25, BYD announced price cuts of 10–30% across 22 pure electric and plug-in hybrid models (Ocean and Dynasty series), effective [more…]
Tesla Stock Drops as Trump Tariff Threats Take Focus Off Magical Thinking
Donald Trump’s recent tariff threats, including 25% on imported Apple iPhones and 50% on EU goods, have caused market volatility. Tesla, as an electric vehicle [more…]