Servicenow Beats on Earnings and Forecast But Stock Declines
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Ford's earnings beat, rosy 2024 outlook, and cost discipline show the automaker is getting its house in order
Ford’s results show it is off to a solid start to the year.CNBC - Business -
Snap shares soar 23% as company beats on earnings, shows strong revenue growth
Snap reported first-quarter results that beat analysts' estimatesCNBC - Business -
Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices
Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.CNBC - Business -
Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan
The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first quarter, compared to a loss of $102 million, or 25 cents a share, in the year-ago period.MarketWatch - Business -
4 ways to defend your stock portfolio that have helped this fund manager beat the market
If recent stock-market weakness has you on edge, this might be your problem.MarketWatch - Business -
Forecasters predict record number of hurricanes
Weather forecasters at the University of Pennsylvania predicted a record hurricane season for 2024 on Thursday, a “hyperactive” season that could threaten the Gulf Coast. The Penn forecast predicts between 27 and 39 named tropical storms, with the ...The Hill - Politics -
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 -
Texas prosecutor declines to charge student protesters arrested at UT Austin
University of Texas (UT) at Austin demonstrators arrested during a pro-Palestinian protest Wednesday will not be charged, Travis County Attorney Delia Garza’s office confirmed Thursday. The prosecutor’s office said it has decided not to move ...The Hill - Politics -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.CNBC - Business -
American Airlines swings to a loss, but tops estimates for Q2 forecast
American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.CNBC - Business - Travel -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
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 -
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 -
Forecasting pioneer: 'A lot would have to go wrong for Biden to lose'
A notable forecaster of presidential elections said in a recent interview that “a lot would have to go wrong for [President Biden] to lose” in November. In an interview with The Guardian released Friday, American University professor Allan ...The Hill - Politics - Joe Biden -
Kenya flood death toll rises as more torrential rain forecast
Total deaths reach 76 and more than 130,000 displaced as weeks of flooding also affects east African neighbours. Seventy-six people in Kenya have died because of flooding triggered by torrential downpours since March, the government has said, ...The Guardian - World -
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 -
Exxon, Chevron Earnings Fall Back to Earth
The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down.The Wall Street Journal - World -
Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.The New York Times - 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 -
Judge declines to dismiss lawsuits filed against rapper Travis Scott over deadly Astroworld concert
A judge has declined to dismiss hundreds of lawsuits filed against rap star Travis Scott over his role in the deadly 2021 Astroworld festival in which 10 people were killed in a crowd surgeABC News - Entertainment -
Share of college students blaming Hamas for Oct. 7 attack on Israel declines in new poll
A new poll shows the share of U.S. college students who blame Hamas for the Oct. 7 attack on Israel has declined by more than 10 points in the last six months.NBC News - Top stories - Israel -
Share of college students blaming Hamas for Oct. 7 attack on Israel declines in new poll
A new poll shows the share of U.S. college students who blame Hamas for the Oct. 7 attack on Israel has declined by more than 10 points in the last six months.NBC News - Politics - Israel -
Trump trial: Defense attorneys begin cross-examination of David Pecker
The New York criminal trial of Donald Trump resumed with testimony from former National Enquirer publisher David Pecker.CNBC - Business - Donald Trump -
Police officer hiring in US increases in 2023 after years of decline, survey shows
U.S. police departments have reported a year-over-year increase in sworn officers for the first time since the COVID-19 pandemic and the police killing of George FloydABC News - Top stories -
Magnificent Seven Power Stocks' Rebound
Nasdaq’s gains accelerated Friday while energy stocks edged lower amid earnings reports from Exxon and Chevron.The Wall Street Journal - World -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Harlequins beat Northampton in Twickenham thriller
Harlequins score six tries to win a pulsating game 41-32 against league leaders Northampton Saints at Twickenham.BBC News - Top stories