Finance News
McDonald's Q1 Earnings: Under Performance Due to Inflation and Middle East Boycotts
By Isabella Chang
Despite a 4.6% revenue increase, McDonald's Q1 results fall short of expectations due to inflation and ongoing boycotts in the Middle East.
Federal Transport Authorities Investigate Tesla's Autopilot System
By Isabella Chang
U.S. transportation regulators probe Tesla's response to safety concerns surrounding their self-driving system.
Chevron’s Q1 Results Align with Analysts’ Predictions Amid Decreased Revenue and Profits
By Isabella Chang
Chevron's Q1 results draw parallel with analytical predictions, highlighting a dip in revenue and profits despite increased oil prices.
Thoma Bravo to Acquire AI Cybersecurity Firm Darktrace for $5.3 Billion
By Isabella Chang
Thoma Bravo, the US private equity firm, readies to purchase London-based cybersecurity company Darktrace for a substantial $5.3 billion.
Harley-Davidson Shares Fall as International Demand Drops
By Isabella Chang
Amid decreased international demand, Harley-Davidson reports a steep decline in its share price.
Microsoft Shares Soar on Stellar Q3 Revenue
By Lucas Donovan
Boosted by cloud business, Microsoft's Q3 earnings surpass expectations, driving up shares in after-hours trading.
Meta Platforms Shares Drop Due to AI Investment, Analysts See Long-term Benefits
By Ava Harper
Shares of Meta Platforms tumble by 10% following announcement of increased investment in artificial intelligence, however analysts endorse the long-term perspective.
Alphabet's Emerging AI Game Plan: Key Takeaways from its Q1 Earnings Call
By Ethan Bennett
Alphabet's strides in AI, plans for monetizing the technology, and introduction of a shareholder dividend are key takeaways from its recent earnings call.
Caterpillar Shares Plunge on Lower-than-Expected Sales
By Zoey Ramirez
Despite beating profit projections, Caterpillar's shares take a dive due to disappointing sales figures.
U.S. Government Boosts Domestic Semiconductor Production with $6.1 Billion Funding for Micron Technology
By Lucas Donovan
Micron Technology set to build three chip facilities backed by a hefty U.S. government funding, aimed at reviving domestic semiconductor production.
BHP Group Sets Sights on Anglo American in $39 Billion Mega Deal
By Mason Connor
BHP Group proposes to buy Anglo American, setting the stage for one of the largest global mining transactions.
Comcast Q1 Revenue Topples Analyst Predictions Despite Falling Broadband Numbers
By Grace Turner
Cable giant Comcast surpasses first-quarter revenue and profit forecasts, yet experiences a downturn in broadband and cable subscribers.
Biden to Sign Law Potentially Banning TikTok from U.S. App Stores
By Ava Harper
The newly approved bill could force TikTok out of U.S. markets within a year over national security concerns.