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Alphabet surged on Wall Street, Meta plummeted after quarterly reports
Business News

Alphabet surged on Wall Street, Meta plummeted after quarterly reports

Google owner Alphabet surged on the New York Stock Exchange after its quarterly report. By contrast, Facebook owner Meta plunged after its quarterly report
Giant lift for Samsung as Q1 2026 operating profit rises more than eightfold
Business News

Giant lift for Samsung as Q1 2026 operating profit rises more than eightfold

Electronics giant Samsung is on a roll. The company's operating profit in the first quarter was more than eight times higher than in the same quarter last year
Sources: Saudi Arabia stops supporting LIV Tour
Sports News

Sources: Saudi Arabia stops supporting LIV Tour

Saudi Arabia's sovereign wealth fund will stop financing the LIV Tour, several media outlets report, citing sources.
Meta does not live up to expectations as shares fall in after-hours trading
Business News

Meta does not live up to expectations as shares fall in after-hours trading

Meta, the owner of Facebook, is performing worse than analysts expected. Its shares are falling sharply in after-hours trading in New York
Microsoft performs better than expected, stock declines in after-hours trading
Business News

Microsoft performs better than expected, stock declines in after-hours trading

Software giant Microsoft - the world's fourth-most valuable publicly traded company - beat expectations in its quarterly report on Wednesday evening. The stock was still down in after-hours trading
Alphabet revenue beats expectations
Business News

Alphabet revenue beats expectations

Google's parent company Alphabet released its quarterly report on Wednesday evening. Sales were better than expected
Amazon is doing better than expected, but the stock is falling
Business News

Amazon is doing better than expected, but the stock is falling

Cloud and technology giant Amazon beat market expectations in its quarterly report on Wednesday evening; however, the stock was still falling in after-hours trading.
Disagreement as US policy rate left unchanged
Business News

Disagreement as US policy rate left unchanged

The US Federal Reserve (Fed) is leaving the US benchmark interest rate unchanged in the range of 3. 50-3
New Fed chief Kevin Warsh gets green light from Senate Banking Committee
Business News

New Fed chief Kevin Warsh gets green light from Senate Banking Committee

Kevin Warsh has been approved by the Senate's powerful Banking Committee as the new head of the U. S
IEA warns of the greatest energy threat in history
Business News

IEA warns of the greatest energy threat in history

"The price of oil and natural gas is rising for the fourth day in a row. We are facing the greatest threat to energy security in history," Fatih Birol, head of the International Energy Agency (IEA), told CNBC
IBM is doing better than expected, but the stock is falling
Business News

IBM is doing better than expected, but the stock is falling

Technology company IBM beat analysts' expectations in its quarterly report on Wednesday evening, but its stock fell in after-hours trading.
Tesla both beat and disappointed expectations in first-quarter report
Business News

Tesla both beat and disappointed expectations in first-quarter report

Electric car manufacturer Tesla - the world's tenth-most valuable listed company - both beat and missed expectations in its quarterly report on Wednesday evening.
Boeing reports better-than-expected first-quarter results
Business News

Boeing reports better-than-expected first-quarter results

Hard-hit U. S
Trump's proposed Fed chief Kevin Warsh grilled over independence in Senate Banking Committee hearing
Business News

Trump's proposed Fed chief Kevin Warsh grilled over independence in Senate Banking Committee hearing

Kevin Warsh, Donald Trump's nominee to be the new head of the Federal Reserve (the Fed), was grilled by Democrats during a Senate Banking Committee hearing about his independence from the president.
Trump: Ceasefire extended, blockade of Iranian ports continues
World NewsTop News

Trump: Ceasefire extended, blockade of Iranian ports continues

U. S
Trump's Labor Secretary Lori Chavez-DeRemer resigns, deputy Keith Sonderling to serve as acting secretary
Business News

Trump's Labor Secretary Lori Chavez-DeRemer resigns, deputy Keith Sonderling to serve as acting secretary

Labor Secretary Lori Chavez-DeRemer is leaving President Donald Trump's administration, CNBC reports.
Kevin Warsh: Fed should be independent
Business News

Kevin Warsh: Fed should be independent

Kevin Warsh, who has been nominated as the new chairman of the US Federal Reserve (the Fed), says the central bank must be largely independent of political control, CNBC reports.
Oil prices are rising again after Iran announced it would again close the Strait of Hormuz
Business News

Oil prices are rising again after Iran announced it would again close the Strait of Hormuz

Oil prices climbed at the opening of trading. The gains came, among other factors, after Iran announced it would again close the Strait of Hormuz
Netflix falls after report, Hastings steps down
Business News

Netflix falls after report, Hastings steps down

Netflix beat many, but not all, expectations in its latest quarterly report. At the same time, the streaming giant announced that Chairman Reed Hastings is stepping down from his position
Asian stock markets cheerful following Wall Street
Business News

Asian stock markets cheerful following Wall Street

Asian stock indices are mirroring Wall Street's positive sentiment as hopes for a deal over the Iran war grow.
Oil prices plummet - diesel a little cheaper
Business NewsTop News

Oil prices plummet - diesel a little cheaper

Oil prices have fallen dramatically since the U. S
Wall Street ends higher despite war fears
Business News

Wall Street ends higher despite war fears

The New York Stock Exchange closed cautiously higher as investors, despite negative signals from Iran, continued to hope the war would end.
Many new jobs in the US, but job market still challenging
Business News

Many new jobs in the US, but job market still challenging

A report from the U. S
Iran and Oman outline Strait of Hormuz agreement
Business News

Iran and Oman outline Strait of Hormuz agreement

Iran and Oman are sketching out an agreement to increase shipping traffic through the Strait of Hormuz, Iranian state news agency IRNA reported, CNBC said. Global stock markets and oil prices are reacting positively to the news
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