(Bloomberg) — Microsoft Corp. gave an upbeat sales forecast for the fiscal year that just began, easing investor concerns about growth that had flared up following a lackluster fourth-quarter ea...
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Live Finance News Updates.
McDonald’s Is Evolving Its Approach To Value To Be More Personalized
SAN FRANCISCO – FEBRUARY 09: A sign stands outside of a McDonald’s restaurant February 9, 2009 in … [+] San Francisco, California. Fast food chain restaurant McDonald’s reporte...
Putin is squeezing gas supplies to Europe — Here are 2 stocks that could benefit
The Russian war on Ukraine has sparked a slew of sanctions as the Western powers seek to convince Russia to desist – and counter-sanctions, as Russia seeks to push back against the West. Russia and NA...
‘Uncoupled’ Is For Anyone Who Has Ever Been Blindsided By Love
Brooks Ashmanskas, Neil Patrick Harris and Emerson Brooks in ‘Uncoupled’ on Netflix. PHOTO BY SARAH SHATZ/NETFLIX The new NetflixNFLX rom-com series Uncoupled is about the aftermath of hea...
Microsoft stock jumps after ‘shockingly robust’ forecast calls for continued strong cloud growth
Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating economic conditions led to an even greater shock than expected when executives revised their g...
US GOVERNMENT REDEFINES THE MEANING OF RECESSION –
Recently, the U.S. government has redefined the actual meaning of recession. The precautionary step has been taken to prevent the economy from falling into recession. According to the Council of Eco...
Racing Enthusiast Lindsay Czarniak Wants To See Motorsports Grow
Sports anchor Lindsay Czarniak stands on the grid prior to the Camping World Superstar Racing … [+] Experience event at South Boston Speedway on June 25, 2022 in South Boston, Virginia. (Photo b...
TXN Stock: Texas Instruments Crushes Wall Street’s Estimates
Chipmaker Texas Instruments (TXN) late Tuesday crushed Wall Street’s targets for the second quarter and guided higher for the current period. TXN stock jumped in extended trading. X The Dallas-b...
Senate Advances Bill To Boost U.S. Microchip Production—Here’s What’s In It
Topline A bill that would earmark billions in federal funds to boost U.S. semiconductor production amid a nationwide chip shortage passed a key Senate vote Tuesday morning, possibly clearing the way f...
The ‘good news’ about Walmart and Target inventory warnings, according to BofA
Walmart (WMT), the world’s biggest retailer, gave a snapshot on Monday of how inflation is pressuring consumers’ ability to spend on discretionary items. But there could be relief ahead as retai...
Dogecoin nodes soon to adopt a recently released core version –
Developers of Dogecoin have introduced an updated core version The update will lead to several enhancements discussed below. On Monday, Inevitable 360, a developer of Dogecoin, Tweeted, sharing that t...
Flash Floods Swamp St. Louis In Latest Bout Of Extreme U.S. Weather
Topline Flash floods inundated St. Louis streets as the city broke the record for daily rainfall in just five hours Monday night, as the U.S. continues to experience extreme storms, heat, and fires th...
Here’s How You Can Avoid Capital Gains Tax on Real Estate
Home prices have nearly doubled in the last 10 years – and that could mean you owe some serious taxes if you are selling your home. After bottoming out around $259,000 in 2011, the average sale ...
Biden Reportedly May Offer $10,000 In Student Loan Relief And Another Payment Pause
Topline President Joe Biden is mulling providing more actions on student loans, including the cancellation of $10,000 in federal student loan debt per borrower, Bloomberg reported Tuesday citing peopl...
How Therabody Is Revolutionizing Product-Based Retail With A Service-Based Concept
Therabody’s Reset location in Manhattan Beach Therabody Retail stores for product-based brands traditionally focus on selling products. However, with newer digital brands, those locations likely...
Chipotle rises on strong outlook & pricing power despite revenue, same-store sales miss
Chipotle (CMG) reported its fiscal second quarter earnings on Tuesday after market close. The restaurant chain’s same-store sales came in on the lower end of its guidance (and below Wall Street&...
The Problem With Results-Oriented Culture
getty As the saying goes, “What gets measured gets done.” Business results, deliverables, client hours billed, etc. – these hard measures are what tend to get the most attention within organizational ...
Alphabet earnings miss estimates, ad revenue beats, stock pops
Google parent company Alphabet (GOOG, GOOGL) reported earnings that missed Wall Street estimates after the closing bell on Tuesday. The technology giant said adjusted earnings per share hit $1.21 duri...
Instagram Exec Defends Shift To Video Despite Complaints From Creators Like Kylie Jenner
Topline Instagram chief Adam Mosseri said Tuesday “more and more” of the social media platform will become video-focused over time, defending Instagram from widespread complaints about cha...
Microsoft misses on Q4 earnings, cloud business falls short
Microsoft (MSFT) reported its fiscal Q4 earnings on Tuesday, missing investors’ expectations on the top and bottom line. The company also missed on expectations for its all important Intelligent...
Meet The Solvent That Captures Up To 99.8% Of CO2 Emissions
Capturing carbon dioxide is expected to play a key role in the next phase of the energy transition by decarbonizing existing equipment. getty Hidden in a fold of Norway’s western coast about an hour n...
Shopify Will Cut 10% of Its Staff, With Most Workers Gone by Day’s End
(Bloomberg) — Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce Tuesday, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to expand rapidly comin...
For The Rain-Haunted, Doubleheader-Plagued Cleveland Guardians, A Surprise Emergency Starter
After 732 consecutive relief appearances, Cleveland Guardians pitcher Bryan Shaw will make his first … [+] major league start tonight against the Boston Red Sox.(AP Photo). Copyright 2022 The As...
Alphabet Q2 results were the ‘star of the night’: Jefferies analyst
Shares of Alphabet Inc (NASDAQ: GOOGL) are up 3.0% in extended trading after the tech behemoth said its Q2 ad revenue was up on a year-over-year basis. Alphabet Q2 results: a brief recap Net income pr...
Shopify Stock Sets Layoffs, CEO Says ‘I Got This Wrong’
Shopify stock plunged after the e-commerce firm said it will cut roughly 1,000 workers, or 10% of its global workforce, as its chief executive took responsibility for a faulty growth strategy. Includi...
Microsoft shares rebound on upbeat guidance
Microsoft Corporation (NASDAQ: MSFT) reported weaker-than-expected results for its Q4 on Tuesday as macro headwinds resulted in a bigger hit compared to what the management had anticipated when it dow...
Here’s what Bill Ackman says Powell should tell traders about Fed rate-hike plans
“‘Tomorrow, Powell is likely to be asked: “Market pricing implies that the terminal FF rate will peak at 3.4% in 12/22 immediately declining thereafter to 2.7% by YE ‘23. What factors would cause the ...
American Express Is Granting $1 Million To Back Historic Small Restaurants
American Express is granting over $1 million to backing historic small restaurants alongside the … [+] National Trust For Historic Preservation. American Express American Express and the Nationa...
Federal Reserve officials expected to hike interest rate
Investors and economists are bracing for another interest rate hike this week as central bank officials gather in Washington for their July meeting. Their two-day gathering July 26 and 27 comes as the...