Tsmc Warns of Possible Revenue Drop Spending Cut
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Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
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 -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - World -
Southwest Airlines considers ending open seating as loss widens, revenue falls short
Southwest Airlines Co.’s stock tumbled 9% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business - Travel -
American Airlines’ stock jumps after an upbeat profit outlook and record revenue
American Airlines’ stock climbed Thursday, after the air carrier reported a wider-than-expected loss but provided an upbeat profit outlook for the current quarter, as revenue rose to record levelsMarketWatch - Business -
Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump
The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.The Wall Street Journal - World -
LG Electronics Posts Profit Turnaround on Steady Revenue Growth
The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.The Wall Street Journal - 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 Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.The New York Times - Business - Microsoft -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
Alphabet hails ‘once-in-a-generation’ AI opportunity as revenue rises
Shares surge after tech giant issues first ever dividend and posts revenue of $80.5bn, up 15% since last year, despite staff turmoil. Shares in Alphabet, the owner of Google and YouTube, surged after it issued its first ever dividend and revealed ...The Guardian - World -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Several K Street giants kick off 2024 with record revenues
Several K Street lobbying shops posted record revenues last quarter as Congress moved massive spending bills, the Biden administration ramped up its regulatory agenda and clients set their sights on post-election policy priorities. Federal ...The Hill - Politics -
AMC Entertainment Sees Flat Revenue in Despite Fewer Film Releases
The movie-theater chain said the Hollywood writers and actors strikes from last year had dragged on box office returns.The Wall Street Journal - World -
AMC Entertainment Sees Flat Revenue in Despite Fewer Film Releases
The movie-theater chain said the Hollywood writers and actors strikes from last year had dragged on box office returns.The Wall Street Journal - Business -
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.The New York Times - Business - Microsoft -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.The New York Times - Tech - Microsoft -
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 -
Hamas again raises the possibility of a 2-state compromise. Israel and its allies aren't convinced
The Palestinian militant group Hamas has said for more than 15 years that it could accept a two-state compromise with Israel — at least, a temporary oneABC News - World - Israel -
Severe spring storms put 21 million under threat of possible tornadoes and hail
Severe spring storms will bring heavy rain and thunder to the Plains and into the Mississippi Valley this weekend — including possible powerful tornadoes, large hail and flooding.NBC News - Top stories -
Economists react to Trump possibly curbing Fed’s independence: ‘Bad idea of all bad ideas’
Economists and other analysts are sounding off after a Wall Street Journal report said some allies of presumptive Republican presidential nominee Donald Trump have proposals to erode the Federal Reserve’s independence.MarketWatch - Business - Donald Trump -
JPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation.NBC News - Top stories -
Hamas is reviewing an Israeli proposal for a cease-fire in Gaza, as a planned Rafah offensive looms
Hamas says it is reviewing the proposal as a planned Rafah offensive looms.ABC News - World - Israel -
Cornyn 'not too worried' about possible challenge from Texas AG Ken Paxton
Sen. John Cornyn (R-Texas) is "not too worried" about a possible primary challenge from Texas Attorney General Ken Paxton, he told a local news anchor Friday evening. "I'm not too worried about it. My last election, I had a primary. I had several ...The Hill - Politics -
Arne Slot on verge of succeeding Jurgen Klopp at Liverpool: Everything to know about Reds possible new manager
The Dutch tactician seems set to swap Rotterdam for Anfield as Jurgen Klopp's successorCBS Sports - Sports -
Binance founder faces possible three-year jail term over ‘wild west’ business model
Changpeng Zhao pleaded guilty to money laundering charges. Changpeng Zhao, the founder of the world’s largest cryptocurrency exchange, will be sentenced on Tuesday after pleading guilty to money laundering charges, with US prosecutors seeking ...The Guardian - World -
Israeli officials concerned about possible ICC arrest warrants as pressure mounts over war in Gaza
Israeli officials appear increasingly concerned that the International Criminal Court may issue arrest warrants against the country’s leadersABC News - World - Israel -
Skydance extends final offer to Paramount as merger talks stick on a possible shareholder vote
A potential dealbreaker is whether to hold a so-called "majority of the minority" vote on the deal, which would grant common shareholders potentially sway.CNBC - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
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 -
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 -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business