business news
Stocks making the biggest moves after hours: Apple, Roblox, Reddit, Roku & more
Check out the companies making headlines after the bell : Apple — Shares were up 2%. For the fiscal second quarter , Apple’s earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of $1.95 a share and $109.66 billion in revenue analysts were looking for, per LSEG. […]
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Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant
Rivian Automotive on Thursday said it has renegotiated a $6.57 billion loan from the U.S. Department of Energy down to $4.5 billion and is adjusting its production expectations at an under-construction plant in Georgia. The DOE loan was previously set to support two phases of production for a total of 400,000 units annually. The amended […]
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FISA Section 702: Congress passes short-term surveillance program extension just before deadline
Rep. Jim Jordan (R-OH) speaks to reporters as he arrives for a House Republican conference meeting on Capitol Hill on March, 6 2024 in Washington, DC. Kent Nishimura | Getty Images The House on Thursday passed a 45-day extension of a controversial foreign surveillance program, voting just as the program was set to expire. The […]
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Apple reports earnings and revenue beat, boosted by services business
Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters in Cupertino, California, Sept. 9, 2025. Justin Sullivan | Getty Images Apple reported earnings and revenue for its fiscal second quarter that topped analysts’ estimates, driven by growth in the company’s services business. The stock was […]
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Tech stocks close out best month since start of Covid pandemic in 2020
Jakub Porzycki | Nurphoto | Getty Images The tech-heavy Nasdaq Composite climbed 15.29% in April, its biggest monthly gain since the start of the Covid pandemic in April 2020. Earnings for big tech this week have boosted the sector, with Alphabet, Amazon and Microsoft all beating expectations for revenue and cloud growth. Alphabet surged 10% […]
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Intel’s stock more than doubles in April for best month in chipmaker’s 55 years on Nasdaq
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel is on a winning streak unlike any since it became one of the first companies to go public on the Nasdaq nearly 55 years ago. The chipmaker’s stock soared 114% […]
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Trump says ‘I don’t think about’ another assassination attempt
U.S. President Donald Trump holds an executive order signing in the Oval Office of the White House on April 30, 2026 in Washington, DC. Andrew Harnik | Getty Images President Donald Trump on Thursday said he does not worry about another attempt on his life on the heels of what prosecutors say was a third […]
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OpenAI trial live updates: Head of Musk’s family office takes the stand
Birchall unsure if OpenAI donations by Musk came with restrictions Bradley R. Wilson, an attorney for OpenAI, asked Birchall a series of questions about funds that Musk put into “DAFs,” or donor-advised funds, managed by Vanguard and Fidelity. The lawyer asked if Birchall knew whether Musk had any legal right to direct where the funds […]
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Inside Wealth: Markets are underpricing the risk of Middle East pullback in AI, says tech investor Jack Selby
A potential pullback by Middle East sovereign wealth funds could drain hundreds of billions of dollars from the artificial intelligence boom and threaten key data center projects, according to tech investor Jack Selby. Middle East investors — including sovereign wealth funds and government entities — account for roughly a quarter of global investments committed to […]
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Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand
Google Cloud CEO Thomas Kurian speaks at the Google Cloud Next event in San Francisco, April 9, 2019. Michael Short | Bloomberg | Getty Images All three top cloud infrastructure providers surpassed analyst estimates in earnings reports late Wednesday, but Google was the standout, generating its fastest growth rate on record. Google is chasing Amazon […]
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