Day: April 30, 2025
Meta says China retailers are reducing digital ad spend
This photo illustration created on Jan. 7, 2025, in Washington, D.C., shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | AFP | Getty Images Chinese online retailers have cut back their spending on Facebook and Instagram ads in reaction to President Donald Trump’s tough trade […]
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Qualcomm tops estimates but gives light revenue forecast
Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, on Jan. 10, 2024. Steve Marcus | Reuters Qualcomm reported fiscal second-quarter earnings on Wednesday that topped Wall Street expectations as the company’s chip sales showed strong year-over-year growth. The […]
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Meta’s Reality Labs posts $4.2 billion loss in first quarter
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta is continuing to sink billions of dollars a quarter into the metaverse. In its first-quarter earnings report on Wednesday, Meta said […]
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Trump calls China the ‘chief-ripper-offer’ on trade, with no sign of direct talks
US President Donald Trump speaks during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on April 30, 2025. Jim Watson | Afp | Getty Images President Donald Trump on Wednesday called China the leading candidate for the “chief-ripper-offer” on trade, and tried to downplay the possible economic impacts of […]
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Stocks making the biggest moves after hours: Microsoft, Meta Platforms, Amazon, MGM Resorts and more
Check out the companies making headlines in extended trading: Microsoft — Stock in the technology behemoth climbed more than 6% on the heels of better-than-expected third-quarter results on the top and bottom lines. Microsoft earned $3.46 per share on revenue of $70.07 billion, while analysts polled by LSEG were looking for a profit of $3.22 […]
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Epic Systems expands EHR market share lead over Oracle Health
The eponymous sign outside Epic headquarters in Verona, Wisconsin. Source: Yiem via Wikipedia CC Epic Systems, the biggest electronic health records (EHR) vendor, notched its largest ever net gain in hospital market share on record in 2024, widening its lead over rival Oracle, according to a report from Klas Research on Wednesday. Epic added a […]
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Amazon to spend $4 billion on small town delivery expansion
Trucks travel through a flooded road while exiting from an Amazon delivery station in Carlstadt, New Jersey, U.S., on Tuesday, Oct. 13, 2020. Bloomberg | Bloomberg | Getty Images Amazon said Wednesday it plans to spend roughly $4 billion by the end of 2026 on expanding deliveries in rural towns as part of a push […]
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Teladoc buys mental health company UpLift to help boost struggling BetterHelp unit
Teladoc Health Inc. signage on the floor of the New York Stock Exchange on Dec. 31, 2024. Michael Nagle | Bloomberg | Getty Images Virtual care provider Teladoc Health, which has seen its market value plummet over the past five years, said Wednesday that it acquired mental health company UpLift for $30 million in cash. […]
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Healthy Returns: Here are the drugmakers with new U.S. investments as Trump’s pharma tariffs loom
Jgi/jamie Grill | Tetra Images | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Tariff threats — and efforts to get into President Donald Trump’s good graces — are fueling a new wave […]
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Norwegian Cruise Line shares fall on potential softness
The Norwegian Pearl cruise ship anchored off shore on January 07, 2022 in Miami Beach, Florida. Joe Raedle | Getty Images The cruise industry is on the lookout for rough seas ahead when it comes to consumer confidence and travel budgets. For instance, Norwegian Cruise Line Holdings reports some “choppiness” in cruises booked to Europe […]
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