Day: April 24, 2025
Alphabet expects ‘slight headwind’ to ads business this year, executives say
President Donald Trump’s trade policies will have a negative impact on Google parent Alphabet‘s core advertising business, an executive from the company said Thursday. Alphabet, which reported stronger-than-expected revenue in its first quarter of the year, faces an online ads market that’s on edge due to concerns about how Trump’s tariffs will affect the economy […]
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Asia-Pacific markets set to open higher after Wall Street gains as investors assess trade climate
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan. Jaczhou | E+ | Getty Images Asia-Pacific markets were set to mostly climb Friday after Wall Street gained for a third straight day as tech stocks rallied. Japan’s benchmark Nikkei 225 is set to open higher, with the futures contract in Chicago […]
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Congress Republicans seek $27 billion for Golden Dome in Trump tax bill: Reuters
A view of the US Capitol building ahead of US President Donald Trump’s address to a joint session of Congress in Washington, DC, on March 4, 2025. Alex Wroblewski | AFP | Getty Images Republicans in the U.S. Congress plan to introduce a sweeping $150 billion defense package that will give an initial $27 billion boost […]
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The trade war’s wave of retail shortages will hit U.S. consumers in stages. Here’s when
The Washington Post | The Washington Post | Getty Images Warnings of empty store shelves have been in the headlines as multiple press reports indicate that CEOs of America’s top retail stores told President Trump that a prolonged trade war would lead to shortages. When could that become a reality, and what product categories would […]
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South Korea, U.S. aim for package deal before tariff pause ends in July, Seoul says
South Korea’s Trade, Industry and Energy Minister Ahn Duk-geun (C) arrives at Incheon international airport on April 23, 2025, as he departs to Washington for finance and trade ministers talks with the US. Jung Yeon-je | Afp | Getty Images South Korea and the United States agreed to craft a package of deals aimed at removing new […]
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Why investors are turning cold on Gucci’s long-awaited turnaround strategy
Investors are growing skeptical of a long awaited turnaround at luxury house Gucci after sales slipped again in the first quarter. Source
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Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier
The Intel headquarters in Santa Clara, California, US, on Wednesday, April 23, 2025. Intel Corp. is scheduled to release earnings figures on April 24. David Paul Morris | Bloomberg | Getty Images Intel CFO David Zinsner said President Donald Trump’s tariffs and retaliation from other countries has increased the likelihood of a recession. “The very […]
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S&P 500 futures rise after three-day winning streak, Alphabet beat: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 24, 2025. Brendan McDermid | Reuters S&P 500 futures rose on Thursday evening on the heels of Wall Street seeing its third straight day of gains and Alphabet’s latest quarterly results. Futures linked to the S&P 500 […]
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Waymo reports 250,000 paid robotaxi rides per week in U.S.
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Alphabet reported Thursday that Waymo, its autonomous vehicle unit, is now delivering more than 250,000 paid robotaxi rides per week in the U.S. CEO Sundar Pichai said Waymo has options in terms of […]
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Stocks making the biggest moves after hours: Alphabet, Intel, T-Mobile and more
Check out the companies making headlines in after-hours trading. Alphabet – Shares of the Google-parent gained about 5% after its first-quarter results topped Wall Street’s expectations. Alphabet earned $2.81 per share on $90.23 billion in revenue for the quarter, while analysts surveyed by LSEG had expected $2.01 per share and $89.12 billion in revenue. Intel […]
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