Amazon’s gloomy earnings forecast overshadows better-than-expected results
The guidance spooked investors who are eager to see Amazon’s hefty investments in artificial intelligence pay off. ...
Category: Economy
Nintendo doubles quarterly revenue as Switch 2 sales hit 5.8 million units
Nintendo shares have rallied roughly 40% so far this year on excitement over the firm's new Switch 2 hybrid console.…
How countries are reacting to Trump’s latest tariff announcements as deadline looms
The White House also announced a 40% tariff rate for all goods transshipped to avoid the applicable duties. ...
Divided Fed holds key interest rate steady, defying Trump’s demands for aggressive cuts
A divided Federal Reserve on Wednesday voted to keep its benchmark interest rate steady, with two top officials dissenting. ...
Meta shares climb 10% on revenue beat, raised forecast
Shares of the social media company jumped more than 10% after the company reported second-quarter earnings on Wednesday that beat…
Figma prices IPO at $33, above expected range
Software developer Figma is poised to debut on the New York Stock Exchange on Thursday, becoming the latest high-profile tech…
Meta’s Reality Labs posts $4.53 billion loss in second quarter
Meta’s Reality Labs posts $4.53 billion loss in second quarter ...
Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club
Based on its post-market trading, Microsoft has become the world's second $4 trillion company following quarterly earnings. ...
Cash App opens up to Apple Pay and Google Pay for the first time
PayPal’s Venmo continues to gain ground, reporting more than 20% year-over-year revenue growth in the second quarter. ...