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Yahoo FinanceStock market today: Nasdaq, S&P 500, Dow futures slide as Alphabet and AMD earnings fall short
US stock futures pulled back against a backdrop of mixed earnings and the outbreak of a trade war with China.
- Thomson Reuters StreetEvents
Q4 2024 Western Union Co Earnings Call
Q4 2024 Western Union Co Earnings Call
- Reuters
Workday to cut 1,750 jobs in AI push
Workday CEO Carl Eschenbach said the layoffs are necessary to prioritize investments such as artificial intelligence, while also freeing up resources to expand the company's presence in different countries. The layoffs come at a time when the human capital management industry has grappled with slower spending by enterprise clients as high interest rates have pressured tech budgets. Workday expects to incur around $230 million to $270 million in charges connected to the cost reduction plan, of which, around $60 million to $70 million is expected to be recognized in the fourth quarter.
- Reuters
Sweden mourns victims of country's deadliest gun attack, suspect's motive unknown
OREBRO, Sweden (Reuters) -Students and teachers recalled trying to save the lives of their comrades before fleeing the scene of a mass shooting in Sweden described by the prime minister on Wednesday as a 'dark day' in the country's history. At least 11 people died and many people were wounded in the attack at the Risbergska adult education centre in Orebro, central Sweden, on Tuesday. Some students were in class while others were having lunch when the gunman began firing.
- Yahoo Finance UK
FTSE 100 LIVE: Stocks head lower as Trump's trade war pushes gold prices to record high
Gold is now up by more than 8% in the past month, adding to the record levels seen during 2024.
- Reuters
Assa Abloy to hike prices if US implements tariffs on Canada and Mexico, CEO says
Sweden's Assa Abloy plans to raise its prices if U.S. President Donald Trump moves ahead with the tariffs on Canada and Mexico, the CEO of the world's biggest lockmaker said on Wednesday. Trump on Monday paused his threat of 25% tariffs on Mexico and Canada for 30 days, while his additional 10% tariff across all Chinese imports into the U.S. came into effect on Tuesday.
- Reuters
Nasdaq futures stumble on bleak Alphabet, AMD forecasts
Google-parent Alphabet dropped 7.1% in premarket trading after posting downbeat cloud revenue growth and earmarking a higher-than-expected $75 billion for its AI buildout this year, fanning concerns about its hefty investments into the technology. "While some investors may have hoped that Silicon Valley would exercise caution in the wake of China's AI innovations, the opposite is occurring," Jochen Stanzl, chief market analyst at CMC Markets, said in a mailed statement. All three major Wall Street indexes closed higher on Tuesday, with energy shares outperforming, while an earnings-driven jump in Palantir boosted technology shares.
- PA Media: UK News
Chelsea striker Sam Kerr says ‘I feared for my life’ while ‘trapped’ in taxi
The Australia international is on trial charged with causing racially aggravated harassment to Pc Stephen Lovell.
- Sky News
'He got away with murder': Families of Nottingham attack victims react to review into killer
The families of the Nottingham victims have said the attacker "got away with murder" after an independent review found failings involved in his prior NHS care. Valdo Calocane was allowed to avoid taking long-lasting antipsychotic medication because he did not like needles, the 300-page report found. Calocane, who had been diagnosed with paranoid schizophrenia, was sentenced to an indefinite hospital order after killing 19-year-old students Barnaby Webber and Grace O'Malley-Kumar, and 65-year-old caretaker Ian Coates, before attempting to kill three other people in June 2023.
- Reuters
Melexis forecasts lower sales and margin for 1st half of 2025, shares slump
Melexis, Belgium's largest semiconductor supplier, on Wednesday forecast lower margin and sales for the first half of 2025, sending its shares to nearly five-year lows, as inventory corrections by automotive clients continue into the new year. Melexis, whose automotive semiconductor business made up 90% of its total sales in 2024, counts Tesla and Chinese carmakers BYD and NIO among its customers. European and North American customers pushed back some orders during the fourth quarter to cut down high inventories, CEO Marc Biron said during a post-earnings call, adding there had been no such moves from Chinese automakers.
- PA Media: UK News
SSE produces 26% more clean power as it builds capacity
The energy giant said its output growth in renewable power generation had happened despite sometimes adverse weather late last year.
- BBC
Google lifts its ban on using AI for weapons
The tech giant has updated the principles governing its development of artificial intelligence.
- PA Media: UK News
MP warns next government may be ‘far right’ if Labour does not deliver change
Alloa and Grangemouth Labour MP Brian Leishman told the Commons: ‘The Tories wouldn’t compensate Waspi women, and it looks like neither will we.’
- The Telegraph
‘I’ve worked in the RAF and NHS and own four businesses – should I quit Britain to cut my tax bill?’
Dr Kevin O’Sullivan, 72, has had a colourful career. After a stint in the Royal Air Force in his 20s, he trained as an obstetric surgeon and worked briefly for the NHS, leaving because he “didn’t want to live inside a political football”. Following this, he worked as a medical director for several insurance and pharmaceutical companies.
- BBC
'Visionary' South African businessman Douw Steyn dies
The insurance magnate was a close friend of Nelson Mandela, who he housed after the statesman's divorce in 1992.
- Sky News
Women prisoners banned from putting dirty underwear in washing machines as lack of 'basic care' driving self-harm, inspectors say
Female prisons have a self-harm rate 8.5 times higher than male jails, as women experience a lack of "basic care" - including a "bizarre rule" that bans them from putting dirty underwear in washing machines. In a report published following a review of four female jails, chief prisons inspector Charlie Taylor said this lack of "basic care" is causing such distress that inmates are resorting to harming themselves. None of the prisons allowed women to wash their dirty underwear in a machine - instead they had to wash it by hand in a small bowl in their cell.
- The Guardian
Örebro school shooting was one-man operation, police say
Police working to identify victims but say there is strong evidence to suggest gunman shot himself
- The Canadian Press
Hermoso's teammate and brother say in court the Spain player was pressured to downplay Rubiales kiss
MADRID (AP) — The brother of Jenni Hermoso and one of her teammates told a judge Wednesday there were attempts to pressure the player into downplaying the unsolicited kiss by former Spanish federation president Luis Rubiales in the awards presentation ceremony following the 2023 Women's World Cup.
- Evening Standard
Starmer slaps down Trump's Gaza 'Riviera of Middle East' plan saying Palestinians must be able to go home
Britain, China, Germany, France, Saudi Arabia and many other countries have rejected the US president’s deeply controversial proposal
- HuffPost UK
We're Travel Experts – Here Are 6 Ways To Actually Book A 'Green' Holiday In 2025
Here's how to easily incorporate sustainability into your next holiday.