Earnings Results Microsoft Stock Dives into the Red after Forecast Misses Cfo Warns about Deceleration
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'Disgusted' Milkins throws cue after missed red
Robert Milkins throws his cue to the ground in disgust after missing a red during his World Snooker Championship second-round match against David Gilbert.BBC News - Top stories -
Why Microsoft’s earnings are all about ‘surviving and advancing’
Big AI gains could be ahead for Microsoft, but Thursday afternoon’s earnings may illustrate a more gradual ramp.MarketWatch - Business -
Intel’s earnings forecast fails to clear low bar, and the stock’s drop continues
Intel Corp. shares dropped 8% in the extended session Thursday, adding to their rough start to the year as the chip company reported revenue slightly below Wall Street’s expectations.MarketWatch - Business -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins
Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.CNBC - Business -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
China warns US not to step on its 'red lines'
US Secretary of State Antony Blinken is in China in an attempt to put relations on an even keel.BBC News - Top stories - China -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Caterpillar’s stock is falling toward its worst day since 2020 after earnings
Caterpillar Inc. shares were dropping premarket after the company came up a bit short on first-quarter revenue as sales volumes declined.MarketWatch - Business -
Skechers stock soars 10% after earnings crush estimates and company offers upbeat guidance
Skechers Inc.’s stock soared 7% in after-hours trade Thursday, after the athletic footwear company swept past earnings estimates for the first quarter.MarketWatch - Business -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Colgate-Palmolive’s first-quarter earnings beat estimates and company raises guidance
Colgate-Palmolive Co.’s stock rose 2.9% early Friday, after the consumer goods giant beat first-quarter earnings estimates and raised its guidance.MarketWatch - Business -
Blinken says he challenged China's Xi on Russia war support
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations.BBC News - Top stories - China -
Antony Blinken meets with China's President Xi as US, China spar over bilateral and global issues
U.S. Secretary of State Antony Blinken has met with Chinese President Xi Jinping and senior Chinese officials in BeijingABC News - World - China -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
Alphabet’s stock surges on Triple Crown of first-ever cash dividend, $70 billion stock buyback, strong results
Google parent Alphabet Inc.’s stock soared 12% in after-hours trading Thursday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend of 20 cents per share.MarketWatch - Business -
Fernandez to miss rest of season after operation
Chelsea midfielder Enzo Fernandez will miss the rest of the season after undergoing successful surgery on a groin issue.BBC News - Top stories -
Stock Gains by Google and Microsoft Show a Payoff for AI Shift
Investors see short-term gains from tech giants that are pouring resources into AI, which is driving the sector's market rise.Inc. - Business - Google -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
China's Xi says the U.S. needs to accept Beijing's rise for bilateral relations to improve
U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday.CNBC - Business - China -
US has seen evidence of attempts by China to influence election, says Blinken
Secretary of state met Xi Jinping in Beijing and warned of sanctions over China’s support for Russian arms industry. Washington has seen evidence of attempts by Beijing to “influence and arguably interfere” in this year’s US elections, the ...The Guardian - World - China -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
Don't bet against Zuckerberg: Meta's earnings-driven stock slide is an opportunity
Shares of the Facebook and Instagram company were dropping due to short-term thinkers who can't see the forest for the trees.CNBC - Business -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Erik Jones to miss time after fracturing back in crash at Talladega
Jones suffered a compression fracture in his lower vertebra after a vicious head-on hit into the turn 3 wallCBS Sports - Sports -
Trump trial updates: Trump gripes about having to miss Supreme Court immunity hearing
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump -
Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.CNBC - Business -
Microsoft earnings were solid — and here’s why they’re primed to get even better
Azure hasn’t had quite enough capacity to meet booming AI demand, and Copilot software tools should contribute more later this year.MarketWatch - Business -
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.The Wall Street Journal - World -
BNP Paribas Confirms Outlook After Earnings Beat
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its fixed income unit.The Wall Street Journal - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
Warning SEN children face 'cliff edge' after school
Caleb White is one of many children who face a 'bleak' future when they leave school, says his mum.BBC News - Top stories -
Meta earnings weigh on Magnificent Seven stocks. Here’s why investors shouldn’t panic.
Analysts see opportunity coming out of Meta’s earnings and advise investors to wait for other reports before cutting tech positions.MarketWatch - Business -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
After a man's wife was reported missing, authorities uncovered a dark secret from his past
Fran Smith’s family and the FBI agent who spent decades investigating her disappearance are outraged that New Jersey prosecutors made a deal with her husband.NBC News - Top stories -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Adrian Newey set for talks with Red Bull over F1 future after exit reports
Newey yet to tender resignation from Formula One teamChief technical officer reportedly ready to leave Red BullAdrian Newey is set to begin talks with Red Bull’s management to resolve his future with the team after reports he has expressed a ...The Guardian - World