Year: 2025
South Korea avoids technical recession as GDP expands 0.6% in second quarter
View across the Hangang River in Seoul, South Korea. Universal History Archive | Universal Images Group | Getty Images South Korea avoided a technical recession as its economy expanded 0.6% from the previous quarter, according to advance estimates, beating expectations. This was higher than the 0.5% expected by economists polled by Reuters, and a reversal […]
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Google’s $85 billion capital spend spurred by cloud, AI demand
Sundar Pichai, CEO of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, April 3, 2024. Justin Sullivan | Getty Images Google is going to spend $10 billion more this year than it previously expected due to the growing demand for cloud services, which has created a backlog, executives said Wednesday. […]
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Trump was told his name was in Jeffrey Epstein files before DOJ withheld documents: WSJ
U.S. President Donald Trump walks before signing the “Genius Act”, which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the industry, at the White House in Washington, D.C., U.S., July 18, 2025. Nathan Howard | Reuters Attorney General Pam Bondi told President Donald Trump at a meeting in May that his […]
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Stocks making the biggest moves after hours: ServiceNow, IBM, Chipotle Mexican Grill and more
Check out the companies making headlines after the bell : T-Mobile — Shares of the mobile telecommunication company jumped more than 4% after its second-quarter earnings topped Wall Street’s estimates. T-Mobile reported earnings $2.84 per share on $21.13 billion in revenue, above the $2.67 per share and $21.02 billion in revenue that analysts surveyed by […]
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Republican senators join Dems on bill to exempt small businesses from Trump’s Canada tariffs
From left, Sen. Susan Collins, R-Maine, and Sen. Lisa Murkowski, R-Alaska, talk as they arrive for a vote in the U.S. Capitol on Wednesday, April 30, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Republican Sens. Susan Collins and Lisa Murkowski are joining Democrats to back a new bill that would exempt millions […]
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Southwest’s quarterly profit misses estimates, but airline says U.S. travel demand is stabilizing
A Southwest Airlines Boeing 737 taxis at Ronald Reagan Washington National Airport on May 16, 2025 in Arlington, Virginia. Kevin Carter | Getty Images Southwest Airlines on Wednesday posted second-quarter earnings and revenue that fell short of Wall Street’s estimates but said travel demand has stabilized, echoing other airlines in recent weeks. The airline also […]
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ServiceNow lifts guidance on AI growth
Bill McDermott, Chairman, President & CEO ServiceNow, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC ServiceNow posted strong second-quarter results and lifted its guidance Wednesday. Shares climbed 7% following the report. Here’s how the company performed compared to LSEG estimates: […]
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Watch: Trump delivers remarks on AI ‘action plan’ and signs executive orders
[The stream is slated to start at 5 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is set to deliver remarks on artificial intelligence and sign AI-related executive orders as he rolls out his administration’s “action plan” to give the U.S. a competitive […]
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IBM shares drop despite earnings beat
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares fell as much as 5% in extended trading on Wednesday after the tech conglomerate issued second-quarter results that topped Wall Street projections. Here’s how the company did in comparison […]
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Chipotle trims same-store sales forecast as fewer diners visit its restaurants
A Chipotle restaurant in San Francisco on Jan. 31, 2025. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Wednesday cut its forecast for same-store sales growth this year after traffic declined for a second straight quarter. The burrito chain now anticipates flat same-store sales growth for 2025, down from its prior projection of a low-single digit percentage increase. Chipotle […]
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