By Greg Bensinger and Akash Sriram(Reuters) -Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers…
For the past few years, the US economy has been growing at a pace that seemed too good to be true. So, at first glance, Thursday’s gross domestic product report showing the US economy grew at an annualized rate of 1.6% in the first quarter of this year versus the…
AUD/USD steady after a 0.33% gain Thursday, spurred by US GDP and rising inflation. Market now expects the first Fed rate cut in November, not September, based on latest economic data. Investors eye upcoming Australia PPI and US Core PCE figures for more market direction. The Aussie Dollar begins Friday’s…
Binance founder and former CEO Changpeng Zhao (CZ) has publicly apologized for what he described as “poor decisions” and has taken “full responsibility” for his actions. Meanwhile, Binance co-founder He Yi said that while he acknowledges that CZ may have made mistakes, his biggest one was ignorance. CZ Issues Apology…
Microsoft shares rose as much as 5% in extended trading on Thursday after the software maker issued fiscal third-quarter results that outdid Wall Street’s expectations.Here’s how the company did in comparison with the consensus from LSEG: Earnings per share: $2.94 vs. $2.82 expectedRevenue: $61.86 vs. $60.80 billion expectedMicrosoft’s total revenue grew…
As the first criminal prosecution of a former American president began just 13% nationwide feel Donald Trump is being treated the same as other criminal defendants, a new CNN poll conducted by SSRS finds. Most of the country was divided over whether he is being treated more harshly (34%) or more…
Leading data storage manufacturer Western Digital (NASDAQ: NASDAQ:) beat analysts’ expectations in…
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By Allison Lampert, David Ljunggren and Tim HepherMONTREAL/OTTAWA (Reuters) -Bombardier on Thursday…
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Solana will have to jump by a huge margin to make up…
POLITICS
View MoreA Secret Service agent assigned to Vice President Kamala Harris’ detail was removed from their assignment after displaying behavior that colleagues found “distressing,” the agency said. The incident occurred about 9 a.m. ET Monday at Joint Base Andrews, the agency said, ahead of a planned visit by the vice president to Wisconsin. Secret Service spokesman Anthony Guglielmi said in a statement that the agent began “displaying behavior their colleagues found distressing.” The statement did not clarify what that behavior entailed. “The agent was removed from their assignment while medical personnel were summoned,” Guglielmi said. Harris was at the Naval Observatory…
A federal judge on Thursday upheld the verdict and award in E. Jean Carroll’s defamation case against former President Donald Trump and denied Trump’s motion for a new trial. Judge…
In the Supreme Court case over whether former President Donald Trump may claim immunity in the federal election subversion case, Justice Elena Kagan pushed Trump’s attorney on how far presidential immunity could…
Kim Kardashian will join Vice President Kamala Harris at the White House on Thursday for a roundtable to discuss pardons issued by President Joe Biden earlier this month, a White…
Markets
View MoreOnce again, Elon Musk managed to buck expectations this week when the company’s stock soared despite dismal earnings results.Tesla quelled…
Finance
View MoreOperation Menai Bridge is code for the plans related to King Charles’ death. Though details about the plan are tightly guarded, his passing will trigger immediate…
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Investing
After years of questionable economic policies the leader of the Scottish government has made a bold move. But it likely won’t be enough to help the country prosper. Scotland’s First Minister Humza Yousaf split with the Green Party after deciding to ditch some policies that were hurting the country, according…
Economy
(Reuters) – President Volodymyr Zelenskiy expressed his gratitude on Thursday for the…
Fintech
Check out the companies making headlines in midday trading. Victoria’s Secret —…
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