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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 -
Chipotle reports big earnings beat, and its shares are jumping
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.CNBC - Business -
Chipotle shares rally after earnings beat helped by new menu items
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 -
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 -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.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 -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
2024 NFL Draft: Braelon Allen names his top-four RBs of all-time, shares recent advice from Le'Veon Bell
Bell's advice has already paid off for AllenCBS Sports - Sports - NFL -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
Ford keeps EV losses in check, stock jumps 4%
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Lions signing Penei Sewell to record deal: All-Pro becoming NFL's highest-paid offensive lineman, per report
The Lions are locking up some of their top playersCBS Sports - Sports - NFL -
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 -
IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.CNBC - Business -
UBS promises $2bn in share buybacks
Swiss lender restores repurchase programme as it integrates Credit SuisseFinancial Times - Business -
Rep. Donald Payne Jr., 6-term New Jersey Democrat, dies at 65
The New Jersey Democrat suffered "a cardiac episode based on complications from his diabetes" earlier this month, his office said.CBS News - Top stories -
Former Republican mayoral candidate gets 10 days in prison in Jan. 6 case
A former Republican candidate who lost his race for mayor in Connecticut last year was sentenced Wednesday to 10 days of incarceration for his role in the Jan. 6 attack on the U.S.NBC News - Politics -
Former Republican mayoral candidate gets 10 days in prison in Jan. 6 case
A former Republican candidate who lost his race for mayor in Connecticut last year was sentenced Wednesday to 10 days of incarceration for his role in the Jan. 6 attack on the U.S.NBC News - Top stories -
Rep. Donald Payne Jr., 6-term New Jersey Democrat, dies at 65
The New Jersey Democrat suffered "a cardiac episode based on complications from his diabetes" earlier this month, his office said.CBS News - Politics -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.MarketWatch - Business -
2024 NBA Draft prospect rankings: Alex Sarr jumps up to No. 1 in first Big Board after NCAA Tournament
There's plenty of movement among the updated top 50 NBA Draft prospects following March MadnessCBS Sports - Sports - NBA -
Woman, 74, who allegedly robbed bank may have been scam victim, family says
Ann Mayers entered AurGroup Credit Union on April 19 and "demanded money while displaying a handgun," police said.CBS News - Top stories -
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 -
Goldman Sachs and Bank of America shareholders reject proposals to separate chair and CEO roles
Votes mark victories for Goldman’s David Solomon and Bank of America’s Brian Moynihan.MarketWatch - Business -
JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine.CNBC - Business -
Hasbro Shares Gain as Cost Cuts Boost Margins
The maker of Transformers action figures and Monopoly board games said it swung to a profit, even as revenue fell.The Wall Street Journal - World -
Meta shares fall as it predicts higher expenditure on AI
Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sectorFinancial Times - Business -
Meta shares fall as it predicts higher expenditure on AI
Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sectorFinancial Times - Business -
Concord tops Blackstone in bidding war for Hipgnosis
Offer for music rights group rises to $1.5bn as Apollo-backed investor beats rival’s bidFinancial Times - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
Workers earning up to $58K a year could soon become eligible for overtime pay
The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.CNBC - Business -
'With the Top Pick' podcast details their top 18 NFL Draft prospects, who could slip, who is a sure bet
A look at some of the most intriguing prospects as the draft approachesCBS Sports - Sports - NFL -
A24 Makeup Artist Shares Her Tricks In New Book, ‘Beauty of the Beast’
Emily Schubert has done makeup and prosthetics on movies like “The Sweet East” and “Good Time.” She shares her tricks in a new book with A24.The New York Times - Lifestyle -
Anya Taylor-Joy Shares The Advice Nicholas Hoult Gave Her For Furiosa
Later this year, Anya Taylor-Joy will take on the role of a young Furiosa, the role first played by Charlize Theron in Mad Max: Fury Road. Before Taylor-Johnson joined Furiosa: A Mad Max Saga, though, she turned to her friend and co-star in The ...GameSpot - Tech -
Beyoncé Shared Her Natural Hair Care Routine. Here’s Why It Matters.
In a video on Instagram, the singer provided fans a rare glimpse of her routine.The New York Times - Lifestyle -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business