Day: March 6, 2025
Social media chatter about Thailand pops 60% following ‘White Lotus’ premiere
Social media conversations about traveling in Thailand rose 60% after the premiere of the third season of “The White Lotus” on Feb. 16. The data measured social media chatter during the three days before and after the show’s airing, according to social media analytics company Sprout Social. The Emmy-winning HBO series is expected to draw […]
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Stock futures rise after Thursday’s big sell-off; big jobs report looms: Live updates
Traders work on the New York Stock Exchange (NYSE) floor on March 03, 2025 in New York City. Spencer Platt | Getty Images Stock futures were higher on Thursday evening as traders sought to look past U.S. trade policy worries that have rattled the market this week. They also looked ahead to a big payrolls […]
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Trump blames ‘globalists’ for stock market sell-off
U.S. President Donald Trump speaks in the Oval Office, on the day he signs executive orders, at the White House in Washington, D.C., U.S. March 6, 2025. Evelyn Hockstein | Reuters Major stock indices dropped sharply this week, as rattled investors struggled to get a handle on President Donald Trump’s sweeping and shifting tariff policies. […]
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Walgreens to go private in roughly $10 billion deal with Sycamore Partners
The Walgreens logo is displayed at a Walgreens store on October 15, 2024 in San Rafael, California. Justin Sullivan | Getty Images Struggling drugstore chain Walgreens is going private. The company on Thursday said it inked a deal with private equity firm Sycamore Partners that will take it off the public market for an equity […]
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Broadcom shares soar 16% as earnings top estimates on demand for custom AI chips
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom reported first-quarter earnings on Thursday that topped analysts’ expectations, and the chipmaker offered strong guidance for the current quarter. The stock jumped 16% in extended trading. Here’s how the company did versus LSEG consensus estimates: Earnings per share: $1.60 adjusted vs. $1.49 expected Revenue: $14.92 billion […]
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Oracle’s Federal Electronic Health Record experienced a nation-wide outage
Jaque Silva | Nurphoto | Getty Images Oracle’s Federal Electronic Health Record experienced a nation-wide outage on Tuesday, the Department of Veterans Affairs confirmed to CNBC. The agency said “all users” of the company’s Federal EHR, including the VA, the Department of Defense, the U.S. Coast Guard and the National Oceanic and Atmospheric Administration, were […]
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Stocks making the biggest moves after hours: Gap, Broadcom, Hewlett Packard Enterprise, Samsara and more
Check out the companies making headlines in extended trading. Hewlett Packard Enterprise — Shares tanked 17% in extended trading. Hewlett Packard Enterprise issued weak guidance for the fiscal second quarter, calling for adjusted earnings to range from 28 cents to 34 cents per share on revenue between $7.2 billion and $7.6 billion. Analysts polled by […]
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Judge reinstates NLRB member Trump fired: ‘A president is not a king’
Gwynne Wilcox, attorney who was a member and chairman of the National Labor Relations Board. Courtesy: National Labor Relations Board A federal judge on Thursday reversed the firing of a National Labor Relations Board member by President Donald Trump, with a scathing ruling that said “an American president is not a king.” The ordered reinstating […]
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HPE to cut 2,500 employees as stock slides 16% on weak earnings outlook
Antonio Neri, CEO of Hewlett Packard Enterprise, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, October 20, 2023. Brendan McDermid | Reuters Hewlett Packard Enterprise shares slid 16% in extended trading on Thursday as the data center equipment maker issued quarterly and full-year […]
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BlackRock says investors should look beyond the noise and grab attractive income in these assets
Investors looking for income should block out the “noise” rocking the markets these days — and look beyond traditional fixed-income holdings for attractive yields, according to BlackRock’s Russell Brownback. Concerns over President Donald Trump’s tariffs have caused market volatility and some teetering in the 10-year Treasury yield. However, the underpinnings of the economy are still […]
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