Author: Admin

Saudi Arabia’s PIF to end funding of LIV Golf league after this season
World

Saudi Arabia’s PIF to end funding of LIV Golf league after this season

A general scene of LIV Golf signage during Day Three at LIV Michigan at The Cardinal at Saint John’s on Aug. 24, 2025 in Plymouth, Michigan. Michael Miller | ISI Photos | Getty Images Saudi Arabia’s Public Investment Fund will end funding of the LIV Golf league after the 2026 season, two people familiar with […]

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Analysis: The Warsh revolution is coming. Powell won’t stand in the way.
Politics

Analysis: The Warsh revolution is coming. Powell won’t stand in the way.

U.S. Federal Reserve Chair Jerome Powell departs following his final press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., April 29, 2026. Kevin Lamarque | Reuters How do you change regimes when the head of the old one isn’t leaving? That will […]

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Carvana stock pops as used car retailer reports record first-quarter results
Business

Carvana stock pops as used car retailer reports record first-quarter results

In an aerial view, a sign is posted on the exterior of a Carvana car vending machine on July 19, 2023 in Daly City, California. Justin Sullivan | Getty Images Shares of Carvana jumped by as much as 10% in extended trading after the company reported record results during the first quarter that topped Wall […]

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Amazon’s cloud unit reports 28% sales growth, topping estimates
Technology

Amazon’s cloud unit reports 28% sales growth, topping estimates

Amazon Web Services CEO Matt Garman speaks at the AWS re:Invent conference in Las Vegas on Dec. 3, 2025. Noah Berger | AWS | Reuters Amazon Web Services recorded 28% revenue growth in the first quarter, beating analysts’ estimates, as the cloud infrastructure leader boosted its investment in Anthropic and prepared to work more closely […]

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Meta’s Reality Labs lost over  billion in first quarter
Technology

Meta’s Reality Labs lost over $4 billion in first quarter

Meta CEO Mark Zuckerberg during the Meta Connect event in Menlo Park, California, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images As Meta pumps increasing amounts of cash into artificial intelligence, the company’s metaverse efforts continue to bleed money. In its first-quarter earnings report on Wednesday, Meta revealed that its Reality Labs […]

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Microsoft beats on top and bottom lines with 40% Azure growth
World

Microsoft beats on top and bottom lines with 40% Azure growth

Microsoft CEO Satya Nadella speaks during the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026. Sven Hoppe | Picture Alliance | Getty Images Microsoft shares slipped 3% on Wednesday after the software maker reported more robust fiscal third-quarter results than analysts had expected. Here’s how the company did in comparison with LSEG […]

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Chipotle Mexican Grill is about to report earnings. Here’s what to expect
Business

Chipotle Mexican Grill is about to report earnings. Here’s what to expect

A Chipotle logo is displayed on a sign outside a restaurant on Jan. 9, 2026 in San Diego, CA. Kevin Carter | Getty Images Chipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are projecting that the company will report: Earnings […]

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Trump says it’s ‘great’ that UAE pulled out of OPEC
Politics

Trump says it’s ‘great’ that UAE pulled out of OPEC

U.S. President Donald Trump speaks during an event with Artemis II astronauts, NASA Commander Reid Wiseman, NASA Pilot Victor Glover, NASA Mission Specialist Christina Koch and Canadian Space Agency (CSA) Mission Specialist Jeremy Hansen, in the Oval Office at the White House in Washington, D.C., U.S., April 29, 2026. Evelyn Hockstein | Reuters President Donald […]

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Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism ‘unprecedented’
Finance

Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism ‘unprecedented’

Key Points Fed Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank’s headquarters continues. The statement resolves for the moment a key question that hovered over the Federal Open Market Committee meeting. “The things that have […]

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Meta looks to report fastest revenue growth since 2021
World

Meta looks to report fastest revenue growth since 2021

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta will report first-quarter earnings after the bell on Wednesday. Here’s what analysts polled […]

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