Earnings Results Sentinelone Stock Plummets More Than 35 As Annual Guidance Slashed Layoffs Planned
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Mark Zuckerberg's net worth plummets by more than $18 billion in Meta stock drop
Meta shares plunged on Thursday, bringing down Mark Zuckerberg's net worth, after the CEO told Wall Street about the many ways his company is losing money.CNBC - Business -
Hertz to sell 10,000 more EVs than planned, and stock suffers record plunge
Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.MarketWatch - Business -
STMicroelectronics slashes guidance over slump in automotive industry
The Swiss chipmaker reported an 18.4% drop in its first-quarter sales as it cut its guidance for the year.MarketWatch - Business -
Skechers stock soars 7% 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 -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock.NBC News - Top stories - Donald Trump -
Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Altria’s earnings top estimates and tobacco company reaffirms full-year guidance
Altria Group Inc. matched profit estimates for the first quarter, while revenue net of excise taxes squeezed a small beat and the company backed its full-year guidance, reiterating its stance that there will be limited impact from enforcement ...MarketWatch - Business -
Alphabet’s stock surges on Triple Crown of first-ever cash dividend, $70 billion stock buyback, strong results
Google parent Alphabet Inc.’s stock initially soared 16% 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 -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Buying a home is more expensive than ever
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story It's more expensive than ever to buy a home A new report from real estate company Redfin found that the median home price has hit a record high in ...The Hill - Politics -
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 -
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 -
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 -
Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.NBC News - Top stories -
Comcast beats earnings estimates even as it sheds more broadband subscribers
Comcast beat first-quarter earnings expectations on Thursday.CNBC - Business -
Nurse who stole more than £100k from patients jailed
He forged the signature of an elderly woman who was incapable of holding a pen, say police.BBC News - Top stories -
Chicago Bears' new stadium plans revealed, from roof to plaza and more
The Bears on Wednesday gave fans and all of Chicago a first look at what they're planning to build along the city's lakefront, announcing everything from a location to roofing plans to green space to plaza details.Yahoo Sports - Sports -
More than just a bowl of noodles, ramen in Japan is an experience and a tourist attraction
Spicy, steaming, slurpy, ramen might be everyone’s favorite Japanese foodABC News - World - Japan -
More than 160 pilot whales stranded in Western Australia
Yahoo News - World - Australia -
More than 100 pilot whales are rescued after being stranded in Western Australia
More than 100 long-finned pilot whales that beached on the western Australian coast have returned to sea, while 31 died on the shore, a whale researcher said.NBC News - Top stories - Australia -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
Tanzania floods and landslides kill more than 150 - PM Kassim Majaliwa
Yahoo News - World -
The complexities of racing an oval: it's more than just turning left
"Go fast, turn left." The cliche is well known among NASCAR crowds, and Alanis King speaks to the series' best to explain the nuances of stock car's oval racing.ESPN - Sports -
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 -
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 -
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 -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.CNBC - Business -
Room & Board Sets Up Employee Stock Ownership Plan, Giving Workers A Stake
Room & Board, the Minneapolis-based modern furniture retailer, is giving employees a financial stake in the company via a new employee stock ownership plan.The Wall Street Journal - World -
Schools across U.S. announce teacher layoffs
American schools are facing layoffs as enrollment falls and pandemic-era aid dries up. CBS News reporter Bo Erickson has the details.CBS News - Top stories -
Lions agree to contract extensions with St. Brown and Sewell worth combined $200M, AP source says
The Detroit Lions have invested in their future, keeping a pair of All-Pro players under contract for the next five seasonsABC News - Sports -
French strike forces Ryanair to cancel more than 300 flights across Europe
Ryanair urges European Commission to protect overflights and keep EU skies open. Ryanair has demanded that the EU reform its skies after the airline was forced to cancel more than 300 flights across Europe scheduled for Thursday because of a ...The Guardian - World -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 129 hostages abducted on Oct. 7 remain in captivity in Gaza, including the bodies of at least 34.The Wall Street Journal - World - Israel -
Bears request more than $2 billion in public money to fund $4.6 billion stadium project
The numbers for the Bears' proposed stadium project are astounding.Yahoo Sports - Sports -
Ousmane Dembele's prolific PSG form means Champions League semifinalists are more than just Kylian Mbappe
Kylian Mbappe returned to the Parisien XI with two goals and an assist in Lorient, but Dembele's rise has been equally vitalCBS Sports - Sports - UEFA Champions League