Day: April 15, 2025
Nvidia says it will record $5.5 billion charge tied to H20 processors exported to China
Nvidia CEO Jensen Huang delivers the keynote address during the Nvidia GTC 2025 at SAP Center on March 18, 2025 in San Jose, California. Justin Sullivan | Getty Images Nvidia said on Tuesday that it will take a quarterly charge of about $5.5 billion tied to exporting H20 graphics processing units to China and other […]
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How does an island with high prices and few beaches attract tourists? Singapore lays out a plan
Inexpensive hotels and swaying palm trees have long attracted travelers to Southeast Asia, but Singapore is doubling down on a different strategy — focusing on increasing tourism receipts instead of traveler arrivals. Officials on Friday outlined a plan to increase tourism revenue in the city-state from a record-breaking $29.8 million in 2024 to $47 million-$50 […]
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Figma confidentially files for IPO more than a year after ditching Adobe deal
Dylan Field, co-founder and chief executive officer of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Thursday, July 11, 2024. The annual event has been a historic breeding ground for media deals and is usually a forum for tech and media elites […]
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Stocks making the biggest moves after hours: United Airlines, J.B. Hunt, Interactive Brokers and more
Check out the companies making headlines after the bell : United Airlines — The airline popped nearly 7% after posting first-quarter adjusted earnings of 91 cents per share, while analysts polled by LSEG had expected 76 cents per share. However, United Airline’s revenue of $13.21 billion came in below the $13.26 billion forecast. Shares of […]
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United to cut flights as domestic demand disappoints but international and premium travel drives profits
A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025. Charly Triballeau | Afp | Getty Images United Airlines is planning to cut flights starting this summer to match disappointing domestic travel demand while bookings […]
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20,000 IRS employees interested in deferred resignation offer as tax deadline looms
A traffic light is red outside the U.S. Internal Revenue Service (IRS) building after it was reported the IRS will lay off about 6,700 employees, a restructuring that could strain the tax-collecting agency’s resources during the critical tax-filing season, in Washington, D.C., Feb. 20, 2025. Kent Nishimura | Reuters Around 20,000 Internal Revenue Service employees […]
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AOC fundraising soars as the New York rep and Bernie Sanders barnstorm U.S. against Trump
Rep. Alexandria Ocasio-Cortez (D-NY) speaks during a stop on the ‘Fighting Oligarchy’ tour with U.S. Sen. Bernie Sanders (I-VT) at Grand Park on April 12, 2025 in Los Angeles, California. Mario Tama | Getty Images Rep. Alexandria Ocasio-Cortez raised $9.6 million during the first quarter of 2025, the strongest ever quarter for the New York […]
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This homeowner cut her heating bill in half — and got a $1,200 tax credit
Key Points The energy efficient home improvement tax credit offers taxpayers up to $3,200 per year to offset the cost of projects like installing a heat pump or insulation. The Inflation Reduction Act extended the tax break through 2032 and made it more generous. Republicans may kill the tax credit as part of a multitrillion-dollar […]
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Meta CEO Mark Zuckerberg considered spinning off Instagram from Facebook in 2018: FTC trial
Thilina Kaluthotage | Nurphoto | Getty Images Meta CEO Mark Zuckerberg considered spinning out Instagram in 2018 on concerns about the rising threat of antitrust litigation against Facebook, according to an email presented Tuesday in a Washington, D.C. courtroom. During Zuckerberg’s second day of testimony in Meta’s antitrust trial with the Federal Trade Commission, lawyers […]
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How investors are positioning ahead of a big March retail sales report
Tariffs and trade policies have been dominating the market action since April 2, but the March retail sales report still has the potential to impact investor confidence and positioning. Economists see sales rising 1.2% month over month, according to Dow Jones. A pull-forward of spending by consumers in an attempt to get ahead of higher […]
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