Month: July 2023
Southwest Airlines shares slide as costs rise, unit revenue slips
Southwest Airlines Boeing 737-700 aircraft as seen landing at dusk time at Ronald Reagan Washington National Airport DCA in Arlington County, Virginia over the Potomac River in the United States of America flying over water and buildings. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines shares slid more than 6% in premarket trading Thursday […]
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Look at live: ECB President Christine Lagarde speaks just after rate choice
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is owing to give a push conference following the bank’s most recent financial plan selection. It announced a new rate boost of a quarter share […]
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Stocks making the biggest moves premarket: Southwest Airlines, Meta Platforms, Align Technology, EBay and more
A Southwest Airlines aircraft at a gate at AustinBergstrom International Airport (AUS) in Austin, Texas, US, on Thursday, Feb. 16, 2023. Jordan Vonderhaar | Bloomberg | Getty Images Check out the companies making headlines in early morning trading. Southwest Airlines — The carrier slid 6% premarket after reporting a mixed financial update early Thursday. Southwest […]
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European Central Financial institution raises rates by 25 foundation factors, suggests inflation set to keep on being ‘too substantial for also long’
The European Central Lender introduced a new amount final decision Thursday. Daniel Roland | AFP | Getty Illustrations or photos The European Central Lender on Thursday introduced a new level enhance of 25 basis factors, bringing its primary fee to 3.75% The latest shift completes a total calendar year of consecutive amount hikes in the […]
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Comcast beats expectations as higher prices offset slowing broadband growth
Comcast beat analyst estimates on Thursday when it reported its second-quarter results, as higher pricing helped offset a continued slowdown in its broadband business. The company also said the number of subscribers for its streaming service, Peacock, nearly doubled to 24 million compared with the prior-year period, with revenue up 85% to $820 million. Still, […]
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Elon Musk’s previous Twitter lieutenant ‘surprised by his willingness to burn up so a lot down’
Twitter unveils X brand to replace Larry the chicken. Rafael Henrique | Lightrocket | Getty Photographs Elon Musk is prepared to “burn off so significantly down” and life within an “echo chamber,” a former best Twitter lieutenant wrote in a lengthy write-up Wednesday on Musk’s social media network, which alternated involving defending and criticizing the […]
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‘Things are going to break’: Kevin O’Leary predicts Fed hikes will lead to additional U.S. regional financial institution failures
“Shark Tank” trader Kevin O’Leary predicts the ongoing cycle of U.S. Federal Reserve fee hikes could guide to much more regional U.S. lender failures. Fed Chair Jerome Powell claimed the central bank is not however thoroughly self-assured that inflation is defeated even although new headline reads present that cost raises have cooled appreciably. linked investing […]
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Salesforce-owned Slack says service restored soon after quick messaging outage
Slack signage on a laptop computer laptop or computer in the Brooklyn Borough of New York, U.S., on Tuesday, Dec. 1, 2020. Gabby Jones | Bloomberg | Getty Illustrations or photos Slack mentioned on Thursday that its place of work messaging app is back on the web immediately after users briefly reported troubles previously in […]
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EU opens antitrust probe into Microsoft in excess of Groups bundling
Silhouettes of notebook buyers are witnessed upcoming to a monitor projection of Microsoft symbol in this image illustration. Dado Ruvic | Reuters European Union regulators on Thursday opened an antitrust investigation into Microsoft’s bundling of its video clip and chat application Teams with other Workplace products and solutions. The European Commission, the EU’s government arm, […]
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Ukraine war dwell updates: Russia’s Shoigu fulfills North Korea’s Kim Jong Un a person killed, port infrastructure damaged in Russian missile attack on Odesa
North Korea’s leader Kim Jong Un in the Demilitarized Zone on June 30, 2019. Brendan Smialowski | AFP | Getty Images Russian Defense Minister Sergei Shoigu met with North Korean chief Kim Jong Un to talk about military services concerns and regional stability, state media documented Thursday. Through the meeting, Kim also showcased to Shoigu […]
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