Month: April 2025
Trump-Bezos call sets stage for tense earnings report from Amazon
Mark Zuckerberg, CEO of Meta Platforms Inc.; from left, Lauren Sanchez; Jeff Bezos, founder of Amazon.com Inc.; Sundar Pichai, CEO of Alphabet Inc.; and Elon Musk, CEO of Tesla Inc., during the 60th presidential inauguration in the rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | […]
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GE HealthCare beats on earnings, slashes full year outlook due to tariffs
GE HealthCare reported better-than-expected first-quarter results on Wednesday, but the company slashed its annual forecast to account for the impact of President Donald Trump’s far-reaching “reciprocal” tariff policy. Shares of GE HealthCare were up 3% on Wednesday. Here’s how the company did: Earnings per share: $1.01 adjusted vs. 91 cents expected by LSEG. Revenue: $4.78 […]
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Microsoft set to report earnings after closing bell
Microsoft CEO Satya Nadella speaks at an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, Washington, on April 4, 2025. David Ryder Microsoft is set to report fiscal third-quarter results after market close on Wednesday. Here’s what analysts are looking for, according to a consensus from LSEG: Earnings per share: […]
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The changing nature of crypto trading, according to Kraken’s co-CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dave Ripley, co-CEO of Kraken, one of the world’s biggest cryptocurrency exchanges talks to CNBC’s Arjun Kharpal about the volatility in crypto markets, what President Donald Trump means for the industry and what new regulation in the U.S. could mean for global […]
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Trump trade advisor Navarro brushes off GDP drop: ‘We really like where we’re at now’
White House trade advisor Peter Navarro brushed off concerns Wednesday about the unexpected drop in U.S. gross domestic product last quarter, saying, ‘We really like where we’re at now,” and pointing to a surge in new domestic investment. “I got to say just one thing about today’s news, that’s the best negative print I have ever […]
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Dollar General is one of the best stock performers of Trump’s first 100 days
The Dollar General in Snow Hill, Maryland on April 2, 2024. Deb Lindsey | The Washington Post | Getty Images Dollar General is among the best-performing stocks in the first 100 days of President Donald Trump’s second term. Since Trump’s Jan. 20 inauguration, shares of the discount retailer have soared more than 36% as of […]
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Snap sinks 15% after withholding guidance, citing ad concerns
Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap shares fell more than 15% Wednesday after the social media company withheld second-quarter guidance due to the uncertain macroeconomic environment. […]
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Private payroll growth slowed to 62,000 in April, well below expectations
Companies slowed hiring sharply in April as they braced against potential impacts from President Donald Trump’s tariffs against U.S. trading partners, ADP reported Wednesday. Private sector payrolls rose by just 62,000 for the month, the smallest gain since July 2024, amid heightened uncertainty over the degree of the tariffs and the impact they would have […]
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U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses
The U.S. economy contracted in the first three months of 2025 on an import surge at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war. Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized […]
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Trump blames Biden ‘overhang’ after GDP shrinks in first quarter, says growth will ‘take a while’
U.S. President Donald Trump speaks during a rally to mark his 100th day in office, at Macomb Community College in Warren, Michigan, U.S., April 29, 2025. Evelyn Hockstein | Reuters President Donald Trump on Wednesday blamed his predecessor and defended his sweeping tariffs after new data showed the U.S. economy contracting last quarter, while warning […]
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