Customers work a cafe and a co-working space in Hanoi, Vietnam, on Thursday, July 20, 2023. Bloomberg | Bloomberg | Getty Images Higher costs had the biggest impact on Asian businesses in 2023, even as they continued to grapple with a global economic slowdown and rising borrowing costs, according to a survey by UOB. More […]
In this video, I will go over Meta Platforms‘ (NASDAQ: META) first-quarter earnings report. The company reported a beat on top and bottom lines, but that wasn’t enough. *Stock prices used were from the trading day of April 24, 2024. The video was published on April 24, 2024. [embedded content] Should you invest $1,000 in […]
(Bloomberg) — Technology stocks led declines in US equity futures Thursday after Meta Platforms Inc.’s disappointing outlook underscored the risk of volatility in a high-stakes earnings week. Most Read from Bloomberg Nasdaq 100 contracts fell 1.2%, with Meta accounting for about half of that decline. The Facebook parent tumbled as much as 19% in US […]
Miners carrying out operations. Graeme Williams | Gallo Images Roots Rf Collection | Getty Images Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the smaller company at £31.1 billion ($38.9 billion). Anglo American shares leapt at the market open and were 12% higher at […]
Miners carrying out operations. Graeme Williams | Gallo Images Roots Rf Collection | Getty Images Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion). Anglo American shares leapt 12% at the market open. The company confirmed it had […]
Miners carrying out operations. Graeme Williams | Gallo Images Roots Rf Collection | Getty Images Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion). Anglo American shares leapt at the market open and were 13% higher at 8:35 […]
Matt McClain/The Washington Post/Getty Meta reported first-quarter earnings on Wednesday. Mark Zuckerberg talked about Meta’s plans to invest more in AI. Shares tumbled 17% in after-hours trading. Meta reported first-quarter earnings on Wednesday after the closing bell. The company reported revenue and earnings-per-share that beat consensus analyst estimates. But shares slid after Meta gave a […]
A Xpeng G9 is displayed at a store in a mall in Beijing on Feb. 29, 2024. Wang Zhao | AFP | Getty Images BEIJING — Self-driving taxis won’t be a significant business for at least five years, Xpeng Vice Chairman and Co-President Brian Gu said Thursday. That prediction comes as Elon Musk has promoted […]
Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K. Bloomberg | Getty Images LONDON — Shares of Barclays rose 4% on Thursday after the bank reported first-quarter net income attributable to shareholders of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul. Analysts […]
Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K. Bloomberg | Getty Images LONDON — Barclays on Thursday reported first-quarter net income attributable to shareholders of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul. Analysts polled by Reuters had expected net profit […]
(Bloomberg) — European and US equity futures slipped following weakness in Asian markets, with Meta Platforms Inc.’s disappointing outlook underscoring the risk of volatility in a high-stakes earnings week. Most Read from Bloomberg The Euro Stoxx 50 contract edged down 0.2% while S&P 500 futures fell 0.8%. Stock benchmarks fell more than 1% in South […]
(Bloomberg) — The world’s largest mining company, BHP Group Ltd., has made a takeover approach for rival Anglo American Plc, a move that could spark the biggest shakeup in the industry in over a decade. Most Read from Bloomberg Anglo American, which has a market value of £27 billion ($34 billion), said late Wednesday that […]
