Month: July 2025

Trump announces trade deal with South Korea, setting tariffs at 15%
World

Trump announces trade deal with South Korea, setting tariffs at 15%

File photo: US President Donald Trump gestures during a joint press conference in South Korea. Afp Contributor | Afp | Getty Images U.S. President Donald Trump on Wednesday announced that Washington had reached a “Full and Complete” trade deal with Seoul, setting blanket tariffs on the country’s exports to U.S. at 15%. This deal means […]

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Meta’s big AI spending blitz will continue into 2026
Technology

Meta’s big AI spending blitz will continue into 2026

Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, U.S. September 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg plans to continue his company’s artificial intelligence spending blitz well into the next year as rival tech giants do the same. […]

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S&P 500 futures rise after Meta and Microsoft post quarterly beats: Live updates
World

S&P 500 futures rise after Meta and Microsoft post quarterly beats: Live updates

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 30, 2025. Jeenah Moon | Reuters S&P 500 futures and Nasdaq 100 futures rose on Wednesday evening following solid earnings reports from tech giants Microsoft and Meta Platforms. S&P 500 futures jumped 0.7%, and Nasdaq 100 […]

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Arm shares slip as smartphone royalties disappoint
Technology

Arm shares slip as smartphone royalties disappoint

The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images Arm Holdings shares dipped as much as 9% in after-hours trading on the company’s first-quarter earnings results Wednesday. […]

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EBay stock surges on earnings beat, rosy guidance
Technology

EBay stock surges on earnings beat, rosy guidance

Signage at eBay headquarters in San Jose, California, U.S. David Paul Morris | Bloomberg | Getty Images Shares of eBay popped 10% in extended trading on Wednesday after the online marketplace posted stronger-than-expected results for the second quarter, and offered an upbeat forecast for the current period. Here’s how the company did in the second […]

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Figma prices IPO at , above expected range
Technology

Figma prices IPO at $33, above expected range

Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Figma, the developer of design software that was supposed to get acquired by Adobe, priced its IPO on Wednesday at $33 per share, above its expected range. […]

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Microsoft tops  trillion in market cap after hours, joining Nvidia in exclusive club
Technology

Microsoft tops $4 trillion in market cap after hours, joining Nvidia in exclusive club

Microsoft Chairman and CEO Satya Nadella speaks in front of the OpenAI logo at the Microsoft Build conference in Seattle, Washington, on May 19, 2025. Jason Redmond | AFP | Getty Images The $4 trillion club has a second member, at least based on after-hours trading. Following a better-than-expected earnings report on Wednesday, Microsoft shares […]

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Stocks making the biggest moves after hours: Microsoft, Meta, Ford Motor, eBay and more
Finance

Stocks making the biggest moves after hours: Microsoft, Meta, Ford Motor, eBay and more

Check out the companies making headlines after the bell : Qualcomm — The semiconductor company fell 5% despite posting a fiscal third-quarter beat on both the top and bottom lines. Qualcomm posted adjusted earnings of $2.77 per share on revenue of $10.37 billion. Analysts polled by LSEG had expected earnings of $2.71 per share and […]

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Qualcomm beats on earnings, highlights growth in Meta smartglasses
World

Qualcomm beats on earnings, highlights growth in Meta smartglasses

Cristiano Amon, CEO & President, Qualcomm, on Centre Stage during day one of Web Summit 2024 at the MEO Arena in Lisbon, Portugal. Shauna Clinton | Sportsfile | Getty Images Qualcomm reported fiscal third-quarter earnings on Wednesday that beat Wall Street expectations and provided a stronger-than-expected guide for the current quarter. Qualcomm shares slid in […]

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Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year
Technology

Robinhood reports second-quarter earnings beat with revenue climbing 45% over last year

The logo of Robinhood Markets is seen at a pop-up event on Wall Street after the company’s initial public offering in New York City on July 29, 2021. Andrew Kelly | Reuters Robinhood beat Wall Street expectations for the second quarter Wednesday. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts […]

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