Loading… Loading… The performance of the U.S. corporate bond market in the first quarter of the year was generally flat, though there were notable distinctions between the high-grade and high-yield sectors. Bonds issued by companies with higher credit ratings (BBB and above) experienced a slight downward trajectory, as showed by the iShares iBoxx $ Investment
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Down but not out — Putting Microsofts cratering Xbox console sales in context Why declining quarterly numbers might not be awful news for Microsoft’s gaming business. Kyle Orland – Apr 26, 2024 9:31 pm UTC Enlarge / Scale is important, especially when talking about relative console sales.Aurich Lawson | Getty Images reader comments 189 Yesterday,
Microsoftbeat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services, and the company’s shares jumped more than 4% in extended trade. Executives forecast ranges for current quarter cloud revenue that were mostly above Wall Street targets. The rise inMicrosoftshares after the bell
Loading… Loading… Investment and trading platform Moomoo partnered with Nasdaq, offering its users a complimentary three-month subscription to Nasdaq TotalView. With TotalView, users can access every quote and order at every price level in Nasdaq-, NYSE-, NYSE American-, and regional-listed securities trading on Nasdaq. This includes 60-level bid and ask quotes, offering more than 20
The US economy grew at its slowest pace in two years in the first quarter, while prices rose at a faster rate — sending the markets into a tailspin Thursday and clouding President Joe Biden’s sunny outlook for American households heading into his reelection battle. The data released by the Commerce Department showed that gross
Loading… Loading… Investment and trading platform Moomoo partnered with Nasdaq, offering its users a complimentary three-month subscription to Nasdaq TotalView. With TotalView, users can access every quote and order at every price level in Nasdaq-, NYSE-, NYSE American-, and regional-listed securities trading on Nasdaq. This includes 60-level bid and ask quotes, offering more than 20
Alphabetannounced its first-ever dividend on Thursday and a $70 billion stock buyback, 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 to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share. Just three
Loading… Loading… SoFi Technologies Incs SOFI CEO Anthony Noto appeared on CNBCs Mad Money to shed light on the companys strategies to bolster its financial position and reignite stock momentum. Here are some key highlights Noto told host Jim Cramer: Profitability Outlook: SoFi projects a full-year GAAP profitability in 2024, reflecting the companys commitment to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Scotland’s beleaguered first minister Humza Yousaf is considering quitting ahead of crunch votes of no confidence expected this week. Yousaf, who faces two attempts to bring down his premiership and government, is set to decide
The largest western banks that remain in Russia paid the Kremlin more than €800mn of taxes last year, a fourfold increase on prewar levels, despite promises to minimise their Russian exposure after the full-scale invasion of Ukraine. The seven top European banks by assets in Russia — Raiffeisen Bank International, UniCredit, ING, Commerzbank, Deutsche Bank,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk met senior Chinese trade officials in Beijing on Sunday as the Tesla chief faces questions over slowing sales growth for his electric vehicles and data security concerns in the world’s biggest car market.
Investors are pushing back their expectations of interest rate cuts around the world, as the US Federal Reserve’s battle with price pressures complicates other central banks’ loosening plans. As the US reported the latest in a string of poor inflation figures, markets reined in their forecasts for rate cuts by the European Central Bank and
Microsoft and Google’s owner Alphabet have quashed investor scepticism around the vast sums spent on developing artificial intelligence, after being boosted by rampant corporate demand for their cloud computing services. The combined market value of the two US tech giants rose by more than $250bn on Friday, a day after each reported double-digit revenue growth
Welcome to the Cultural Singularity — School athletic director arrested for framing principal using AI voice synthesis Police uncover plot to defame principal with AI-generated racist and antisemitic comments. Benj Edwards – Apr 25, 2024 3:30 pm UTC EnlargeGetty Images reader comments 39 On Thursday, Baltimore County Police arrested Pikesville High School’s former athletic director,
A top NYPD official schooled Rep. Alexandria Ocasio-Cortez and slammed Columbia Universitys entitled demonstrators after the congresswoman railed against the schools decision to call in cops amid ongoing campus chaos. Not only did Columbia make the horrific decision to mobilize NYPD on their own students, but the units called in have some of the most
strong arm — Is the Arm version of Windows ready for its close-up? Checking back in with Windows 11 on Arm on the eve of the Snapdragon X Elite. Andrew Cunningham – Apr 24, 2024 11:00 am UTC EnlargeQualcomm reader comments 0 Signs point to Qualcomms Snapdragon X Elite processors showing up in actual, real-world,
Shocking video footage captures the moment that an out-of-control passenger brawls with the driver of a moving bus — which crashes into an Oklahoma City business. The wild clip shows straphanger Tihron Harrison wailing away at the driver Wednesday as the bus traveled near North Western Avenue and West Britton Road on Saturday — with
Google has fired another 20 employees in retaliation for last week’s protest against Project Nimbus, Google’s cloud computing contract with Israel. The firings reportedly included workers who were simply bystanders during the sit-in. Google has now fired some 50 workers in connection with the protest.
NEW YORK U.S. births fell last year, resuming a long national slide. A little under 3.6 million babies were born in 2023, according to provisional statistics released Thursday by the Centers for Disease Control and Prevention. Thats about 76,000 fewer than the year before and the lowest one-year tally since 1979. U.S. births were slipping
Loading… Loading… ARK Investment Management LLC predicts that five disruptive technologies could reach a total market value of $220 trillion by 2030. According to the latest white paper, Platforms Of Innovation How Converging Technologies Should Propel A Step Change In Economic Growth, the Cathie Wood-led investment company explores the ascendance of five critical technologies: Artificial