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Dow Jones drops 200 points as traders await key inflation data NEW YORK: U.S. stocks fell Monday as traders awaited key inflation data later this week, overshadowing a positive development on the trade front. The Dow Jones Industrial Average slipped 200.52 points, or 0.45%, to close at 43,975.09. The S&P 500 lost 0.25%, settling at…
For the first six months of 2025, WPP’s revenue dropped to £6.66 billion, a 7.8% decrease LONDON: WPP Plc, one of the world’s largest advertising and marketing services companies, reported a challenging first half of 2025, with declines across key financial metrics as a result of client spending pressures and a slower new business environment….
Snap’s revenue for the quarter was $1.34 billion, just below the $1.35 billion anticipated by analysts polled by LSEG SAN FRANCISCO: Snap Inc. shares dropped 15% Tuesday after the company reported second-quarter earnings that fell short of revenue and key advertising targets, even as it added more daily users than expected. The company’s global average…
Super Micro shares tumble 15% after missing Q4 estimates, issuing soft outlook NEW YORK: Shares of Super Micro Computer (SMCI.O) fell 15% in after-hours trading on Tuesday after the server manufacturer posted weaker-than-expected fiscal fourth-quarter results and issued tepid guidance for the current quarter. The company reported adjusted earnings of 41 cents per share, missing…
Dow Jones slips 62 points as services data and tariff talk rattle investor confidence U.S. stocks retreated Tuesday as investors weighed weaker-than-expected economic data and fresh tariff remarks from President Donald Trump, raising concerns about the health of the economy. The S&P 500 fell 0.49% to close at 6,299.19, while the Nasdaq Composite dropped 0.65%…
Axon posted adjusted earnings of $2.12 per share for the quarter, beating Wall Street’s estimate of $1.46 per share NEW YORK: Axon Enterprise Inc. saw its stock jump 14% Tuesday after the TASER and security technology maker reported stronger-than-expected earnings and raised its full-year revenue guidance, citing surging demand for its advanced security solutions. The…
Company’s net profit for FY25 reached $94.1 million, which is a 16% increase over the previous year SYDNEY: Credit Corp Group Limited (ASX: CCP), a provider of debt purchasing and consumer lending services, announced a solid recovery for the 2025 financial year (FY25) and presented a strong outlook for FY26. The company’s net profit after…
OMAHA: Berkshire Hathaway reported a slight decline in second-quarter operating earnings Saturday, as Warren Buffett’s conglomerate flagged growing risks from escalating U.S. tariffs. Operating profit from the company’s core businesses — including insurance, railroads, energy and retail — fell 4% year-over-year to $11.16 billion. The dip was largely driven by weaker insurance underwriting, though other…
Dow Jones drops 131 points despite blockbuster results from Microsoft and Meta; broader market struggles amid Fed uncertainty and tariff tensions U.S. stocks seesawed Thursday as the S&P 500 and Nasdaq Composite briefly touched intraday records before retreating, weighed down by weakness in broader sectors despite stellar earnings from Microsoft and Meta Platforms. The S&P…
Another week, another round of record highs U.S. stocks closed out a winning week on Friday, propelled by strong corporate earnings and optimism over international trade deals. The S&P 500 rose 0.40% to a new peak of 6,388.64—marking its 14th record close this year and its fifth in a row. The Nasdaq Composite also hit…
Dow Jones edges down 19 points amid broader market gains, earnings focus Wall Street stocks advanced Monday, lifting key indexes to record territory, while Treasury yields softened at the start of a busy week for corporate earnings. The gains came despite escalating U.S. tariff negotiations with trading partners ahead of an August 1 deadline. All…
Dow Jones ends down 0.6% on Trump’s Canada tariff, broader trade threats loom U.S. stocks declined Friday, giving back gains from the previous session after President Donald Trump escalated trade tensions with sweeping new tariff threats. The losses followed a record-setting day for the S&P 500 and came as investors digested concerns about international trade…