Intel Slumps on Disappointing Earnings Amid Pc Weakness
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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 -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.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 -
Manor Lords' Price On PC And Xbox Hasn't Been Revealed, And Here's Why
Manor Lords, a highly anticipated medieval strategy game, releases on April 26, but developer Hooded Horse still has not announced the game's price point. Why is that? Tim Bender, the CEO of publisher Hooded Horse, provided an answer in a post on ...GameSpot - Tech -
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 -
Rebuilding Sharks fire coach David Quinn after 2 disappointing seasons
The San Jose Sharks have fired coach David Quinn after two rough seasons as part of a massive rebuilding projectABC News - Sports -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Adyen shares slump as payments processor meets revenue estimates
Shares of Adyen slumped Thursday as the payments processor met revenue expectations even after processing more volume than anticipated.MarketWatch - Business -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
Hollywood reacts to overturning of Harvey Weinstein rape conviction: ‘Beyond disappointed’
Surprise reversal of producer’s New York conviction led to anger from stars and accusers, including Ashley Judd and Mira Sorvino. Hollywood has reacted with shock to the news that the disgraced producer Harvey Weinstein’s rape conviction has been ...The Guardian - World -
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 -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
India markets face an 'inevitable' correction if Modi's election win disappoints, Bernstein says
The results of India's general elections could be the reason for a correction in the Indian stock market, according to Bernstein.CNBC - Business - India -
Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn
Green Finance Institute report said further pollution could cut 12% off GDP by 2030s. The destruction of nature over the rest of the decade could trigger a bigger economic slump in Britain than those caused by the 2008 global financial crisis and ...The Guardian - World - United Kingdom -
Intel CPU-dispensing vending machine game spotted in Japan — one user got a Core i7-8700 for $3
Yahoo News - World - Japan -
Intel reports 9% YoY Q1 growth, driven by computing, AI and edge products
Intel announced its earnings under its new financial structuring model as it seeks to establish itself as a leader in AI hardware.VentureBeat - Tech -
Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.CNBC - Business -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - World -
Southwest to Exit Four Airports, Facing Financial Weakness and Boeing Problems
Southwest Airlines is pulling out of some airports and cutting costs as it grapples with lackluster earnings and delays of new Boeing planes.The Wall Street Journal - Business -
'With title prize in sight, Man City rarely show any weakness'
The manner of Manchester City’s demolition of Brighton sounds an ominous note for anyone wishing to wrestle away their crown, writes Phil McNulty.BBC News - Top stories -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - World -
AstraZeneca Earnings, Sales Beat Views
AstraZeneca reiterated its full-year guidance after posting first-quarter core earnings and sales above forecasts.The Wall Street Journal - 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 -
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 -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
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 -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - World -
Hyundai Motor's Earnings Fell on Sluggish Car Demand
South Korea’s biggest automaker said net profit for the quarter ended March fell 1.3% and warned of intense competition and rising marketing costs.The Wall Street Journal - 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 - Business -
Comcast earnings beat expectations as Peacock losses narrow
Comcast scored a profit beat for the latest quarter, and that seemed to be overshadowing another drop in broadband subscribers.MarketWatch - Business -
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 -
House speaker calls for Columbia president's resignation amid protests
House Speaker Mike Johnson was met with loud boos as he visited Columbia University, where he joined calls for the president's resignation amid pro-Palestinian protests.CBS News - Top stories - House -
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 -
House speaker calls for Columbia president's resignation amid protests
House Speaker Mike Johnson was met with loud boos as he visited Columbia University, where he joined calls for the president's resignation amid pro-Palestinian protests.CBS News - Politics - House -
Biden eyes Latino vote amid jump in Trump support
President Biden and his reelection campaign clearly state they need Latino support this November. However, several polls in recent months have revealed an increasing number of Latino voters preferring former President Donald Trump. CBS News ...CBS News - Top stories - Joe Biden -
Campus Protests Over Gaza Intensify Amid Pushback by Universities and Police
There were more than 120 new arrests as universities moved to prevent pro-Palestinian encampments from taking hold as they have at Columbia University.The New York Times - Top stories