Tag: health

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Apple Q1 Earnings: Beat on EPS and Revenue, Miss on iPhone, Greater China Sales

Apple Q1 earnings beat EPS and revenue estimates but miss on iPhone sales. Greater China revenue also falls short. Shares initially rose 3% in pre-market trading.

U.S. Stock Futures Rise as Apple, Chipmakers Boost Sentiment

U.S. stock index futures gain on Apple's strong sales forecast and ahead of key inflation data that could influence Federal Reserve's policy decisions.

Argentina Cuts Rates 300 Basis Points as Inflation Slows

Argentina's central bank slashes its benchmark interest rate by 300 basis points to 29% amidst slowing inflation.

Apple Beats Estimates, But iPhone Sales Miss Due to Slow AI Rollout, China Headwinds

Apple beats profit estimates but iPhone sales, China revenue disappoint due to competition, slow AI rollout. Mac and iPad sales rise, services business grows, boosting overall results.

American Airlines CEO Expresses Condolences After Devastating Plane Crash

American Airlines CEO expresses condolences after deadly plane collision in Washington; 28 bodies recovered, no survivors believed.

U.S. Economy Grows at Slower-Than-Expected 2.3% in Q4

The US economy grew at a slower-than-expected 2.3% in Q4, below estimates. Consumer and government spending drove growth, while investment declines held back gains. Core PCE grew 2.5%, in line with estimates. Market expectations for Fed rate cuts in 2025 have diminished following the Fed's decision to hold rates steady.

Wells Fargo Co-CEO Jon Weiss to Leave After 20 Years

Wells Fargo's corporate and investment bank co-CEO Jon Weiss to depart after 20 years. Weiss will step down immediately and retire on June 1, with Fernando Rivas to become the sole leader of the unit.

US Stock Futures Rise on Earnings, Awaiting Apple Results and GDP Data

US stock futures rise as investors assess earnings and await Apple results; Tesla shares pop despite earnings miss, while Meta and Microsoft results mixed

What the Federal Government Does for You (and Why Shutting It Down Is a Bad Idea)

Federal funding freeze disrupts vital services with funding for healthcare, childcare, and food assistance uncertain as federal agencies review 2,623 programs.

DeepSeek's Threat to Tech Stocks: Nvidia Plunges, Microsoft and Apple Impacted

DeepSeek shakes up AI development, challenging assumptions and sparking concerns about tech valuations, particularly for Nvidia. Snowflake CEO analyzes the implications, highlighting potential risks and opportunities for Apple.