ASML Misses Order Expectations Amid U.S. Trade Uncertainty
Dutch semiconductor equipment giant ASML reported lower-than-expected net bookings for the first three months of 2025, amounting to 3.94 billion euros...
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Global economy, companies, markets, and financial trends.
Testimony that Instagram was ‘better’ seems to bolster allegations Meta used ‘buy or bury’ tactic to snap up rivals
The ongoing antitrust lawsuit against Meta, highlighted by CEO Mark Zuckerberg's testimony, raises significant questions regarding the competitive pra...
United Airlines Offers Dual Earnings Estimates Amid Economic Uncertainty
In a stark reflection of the unpredictable economic climate, United Airlines has announced two full-year earnings estimates—one based on previous fore...
Nvidia CEO Jensen Huang Faces Export Challenges Amid Changing U.S. Regulations on AI Chips
In a striking turn of events, Nvidia's CEO Jensen Huang recently attended an exclusive dinner at Mar-a-Lago, which coincided with significant developm...
Trump Considers Relief for Auto Industry Amid Ongoing Tariffs
In recent developments, shares of major automakers surged as President Donald Trump hinted at possible relief measures for the auto industry impacted ...
President Donald Trump's tariffs on China are hurting a prized American company: Boeing.
In a significant turn of events, President Donald Trump's ongoing trade policies and tariffs on China are reportedly having detrimental effects on Boe...
Nvidia Faces $5.5 Billion Charge Amid U.S. Export Restrictions to China
In a significant move, Nvidia has announced it will incur a quarterly charge of approximately $5.5 billion related to the export of its H20 graphics p...
Live Stream of Fox News Now Available for Interactive Viewing
In a significant development for viewers of progressive and conservative news, Fox News has introduced a live streaming service that aims to enhance v...
United Airlines plans to cut about 4% of its domestic capacity starting in July as it braces for lower travel demand.
In a significant shift for the airline industry, United Airlines has announced plans to reduce its domestic flight capacity by approximately 4% beginn...
Case from Federal Trade Commission will probe if Meta’s acquisitions of Instagram and WhatsApp allowed it to maintain a social media monopoly, putting billions on the line
The highly anticipated antitrust trial against Meta, formerly Facebook, is set to begin in Washington, D.C., as the Federal Trade Commission (FTC) arg...
Global Financial Markets Face Major Downturn Amid Trump's Tariffs and Economic Uncertainty
Financial markets worldwide are grappling with significant turmoil following the Trump administration's extensive tariffs on its trading partners, pro...
Elaine Wynn, a transformative force in Las Vegas, has passed away at 82
Elaine Wynn, the co-founder of Mirage Resorts and Wynn Resorts, has died at the age of 82. Her death, announced by the Elaine P. Wynn & Family Foundat...
GM freezes BrightDrop production in Canada, eyes 2026 van refresh
In a significant move, General Motors (GM) has announced the suspension of production for its BrightDrop electric delivery vans at the CAMI Assembly p...
Stocks rallied worldwide on Monday after President Donald Trump relaxed some of his tariffs, for now at least.
In a significant market reaction, global stock indices surged on Monday following President Donald Trump's recent tariff adjustments. The S&P 500 saw ...
Japan tells Google to stop antitrust practice over smartphone app
In a landmark decision, the Japan Fair Trade Commission (JFTC) has issued a cease-and-desist order against Google for allegedly violating the country'...
Chinese Airlines Ordered to Halt Boeing Jet Deliveries Amid Escalating Trade War
In a significant development amidst the ongoing trade tensions between the United States and China, the Chinese government has directed domestic airli...
Bank of America Tops First-Quarter Estimates as Trading Revenue Surges
Bank of America reported impressive first-quarter earnings on Tuesday, exceeding analysts' expectations for profit and revenue, fueled by a spike in n...
Global Electric Vehicle Sales Surge Amidst Growing Climate Concerns
In the last year, electric vehicle (EV) sales experienced an unprecedented surge globally, driven by the urgent need for sustainable transportation op...
Citigroup Reports Strong Q1 2025 Results, Defying Economic Concerns
In an impressive turn amid a challenging economic landscape, Citigroup has reported first-quarter results for 2025 that surpassed analysts' expectatio...
CFPB Faces Pushback from Bank Trade Groups Over Credit Card Late Fee Rule
In a recent legal development, the Consumer Financial Protection Bureau (CFPB) has found itself at odds with bank trade groups over a controversial cr...