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Entergy Corporation (NYSE:) reported an adjusted earnings per share of $1.08 for the first quarter of 2024, falling slightly short of market expectations. Despite this, the company reaffirmed its commitment to achieving its annual financial targets and highlighted its customer-centric approach, which has earned it…
Mitsuko Tottori admits Japan has much more to do to get people like her into the chief executive seat. Tottori was named as the first female president and chief executive of Japan Airlines (JAL) in January, crowning a career that began nearly 40 years ago when she joined the airline…
Meta Platforms raised its capex guidance for 2024. META stock sinks 10% following the earnings release afterhours. Zuckerberg is focused on artficial intelligence developments. NASDAQ, S&P 500 traded flat to down for much of Wednesday regular session. This must be “opposites” week. While Doppelganger Tesla (TSLA) rode horrible misses on Tuesday to…
Major cryptocurrency investors, colloquially known as “whales,” have been accumulating the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), adding nearly $500 million worth of it to their stashes over the last few weeks. According to data shared by popular on-chain analysis service Lookonchain, large cryptocurrency whales have been accumulating the…
Meta shares plunged 16% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.Here are the key numbers:Earnings per share: $4.71 per share vs. $4.32 per share expected by LSEGRevenue: $36.46 billion vs. $36.16 billion expected by LSEGRevenue increased 27% from $28.65 billion…
Thrasio, the top aggregator of Amazon third-party sellers, is losing its CEO and five other senior executives, months after the former highflier filed for bankruptcy.Greg Greeley, Thrasio’s CEO, informed staff on Tuesday that he plans to resign, according to an internal memo viewed by CNBC. Finance chief Josh Burke is…
By Scott Murdoch and Anousha Sakoui(Reuters) -British multinational miner Anglo American (JO:)…
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By Yuka ObayashiTOKYO (Reuters) – Oil prices eased in early trade on…
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Bitwise Chief Information Officer (CIO) Matt Hougan recently shared five interesting predictions…
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Whether the legal system can hold Donald Trump accountable for his attempts to overturn the 2020 election has been an evolving conversation among courts across the country. On Thursday, the Supreme Court will enter the chat. The high court is by no means bound by how other federal courts have interpreted the legitimacy of Trump’s post-election conduct. But if the justices decide that Trump’s attempts to reverse his loss were in the realm of official presidential conduct, they’ll be rebuffing the assessments of a broad swath of lower court judges – appointed by Democratic and Republican presidents alike – who have…
When South Carolina Republican Sen. Lindsey Graham was in Saudi Arabia late last month meeting with Crown Prince Mohammad Bin Salman, the country’s young, defacto ruler, the two decided to…
Rebel Teahouse is Christine Nguyen’s business. And her happy place. Nguyen, 29, was a neuro ICU nurse, often treating patients who suffered a stroke or had brain cancer. Stressful enough,…
US Rep. Donald Payne Jr., a New Jersey Democrat, has died, Speaker Mike Johnson announced on Wednesday. “We are saddened to be informed of the passing today of congressman Donald…
Markets
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Semiconductor testing company Teradyne (NASDAQ:) reported Q1 CY2024 results beating Wall Street analysts’ expectations, with revenue down 2.9% year on…
Finance
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Mark Zuckerberg appeared to take a jab at Apple’s Vision Pro during Meta’s Q1 earnings call.The CEO said he sees a mainstream market for AI glasses…
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By Stephen NellisSANTA CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co said on…
Investing
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall. Ford, like most automakers, has announced plans to…
Economy
House Speaker Mike Johnson, R-La., struggled to get a word in edgewise…
Fintech
Biogen on Wednesday reported first-quarter profit that topped estimates as the company’s…
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