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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. Added 139,000 Jobs in May 2025 as Labor Market Cools; Unemployment at 4.2% Ahead of Tariff Uncertainty
Key Points Release Date The June 2025 U.S. jobs report is scheduled for release on Thursday, July 3, 2025, at 8:30 a.m. ET, as confirmed [more…]
Canada Posts Record C$7.1 B April Trade Deficit as Tariff Retaliation & U.S. Trade Tensions Escalate | June 2025 Economic Outlook
Key Points Market Context As of June 29, 2025, the May 2025 trade figures for Canada have not yet been released, with the expected release [more…]
EU‑US Trade Talks Extended Past July 9 Deadline as French Push, 10% Tariff Likely Baseline & Trump Tariff Pressure
Key Points Background France’s Finance Minister, Eric Lombard, has expressed a desire to extend the current EU-U.S. trade negotiations past the July 9, 2025, deadline [more…]
World economy faces ‘pivotal moment’, central bank body BIS says
Key Points Market Context The BIS, often called the central bankers’ central bank, released its Annual Economic Report 2025 on June 29, 2025, highlighting these [more…]
Markets Brace for August Volatility as S&P 500 Hits Record, Fed Eyes Rate Cuts & US-EU Trade Deal Stalls | 2025 Economic Outlook
Key Points Market Context The S&P 500 and Nasdaq hit record closing highs on June 27, 2025, driven by dovish Federal Reserve commentary and easing [more…]
Saudi Tadawul Rises on Israel‑Iran Ceasefire, U.S. Fed Holds Rates Steady at 4.25–4.50% with Two Cuts Expected | June 2025 Market Roundup
Key Points Market Performance On June 29, 2025, Saudi Arabia’s Tadawul All Share Index (TASI) closed at 11,202.64, marking a 1.21% increase from the previous [more…]
S&P 500 & Nasdaq Set Record Highs on Trade, Fed Steady‑Rates & EU‑US Deal News | June 27, 2025 Update
Key Points Market Performance On June 27, 2025, the S&P 500 closed at 6,173.07, and the Nasdaq at 20,273.46, both setting new records. As today [more…]
S&P 500 & Nasdaq Set Record Highs Amid Trade Negotiations, Fed Rate‑Cut Bets & EU‑US Tariff Deal Outlook | June 2025 Market Update
Key Points Market Performance On June 27, 2025, the S&P 500 closed at 6,173.07, and the Nasdaq at 20,273.46, both setting new records. As today [more…]
G7 Caves to U.S. Pressure: Global Minimum Tax Deal Revised to Exempt American Firms
Key Points Background The global minimum tax, set at 15% under a 2021 OECD deal, aims to ensure large multinationals pay taxes in every jurisdiction. [more…]
Anthropic’s Claude AI Fails Running a Small Shop in Strange Real-World Test – What It Reveals About AI Limits
Key Points BackgroundAnthropic, an AI safety and research company, conducted an experiment called “Project Vend” where their Claude AI, nicknamed Claudius, was tasked with running [more…]