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ReutersAlphabet, Microsoft shares jump as investors cheer AI investment
Microsoft and Google showed investors that heavy artificial intelligence investment can pay off with rising revenue, allaying concerns raised a day earlier by Meta, which said its expensive foray into AI was not immediately paying off. Shares in Google-parent Alphabet were up over 11% in Frankfurt on Friday, while Microsoft shares rose nearly 5%. Microsoft beat Wall Street estimates for third-quarter revenue and profit on Thursday, driven by gains from adoption of artificial intelligence across its cloud services.
- Evening Standard
FTSE 100 Live 26 April: Anglo American rejects BHP offer, blue-chips seen higher as NatWest updates
Consumer confidence is improving after the headline score on GfK’s long-running index rose two points to minus 19 in April, compared with minus 30 a year earlier. GfK’s client strategy director Joe Staton said the improvements reflect the impact on household budgets of lower inflation and the anticipation of further tax cuts. “But Spring has arrived and maybe consumer confidence is, at last, slowly becoming brighter and heading in the right direction.”
- Evening Standard
London travel news LIVE: District line partially suspended by casualty on tracks as Tube strike begins
Commuters on the Tube are suffering serious morning rush-hour disruption as emergency workers respond to a casuality on the track. The incident has closed the District line between Tower Hill and Upminster with severe delays on the rest of the line. There is also now service on the Hammersmith & City line between Liverpool Street and Barking.
- GuruFocus.com
CEO and 10% Owner James Ballengee Acquires 102,000 Shares of Vivakor Inc (VIVK)
James Ballengee, CEO and 10% Owner of Vivakor Inc (NASDAQ:VIVK), has recently increased his stake in the company.
- GuruFocus.com
Elevance Health Inc EVP & President, Gov Health Felicia Norwood Sells 20,310 Shares
Elevance Health Inc (NYSE:ELV), formerly known as Anthem Inc, is a health benefits company that is committed to improving lives and communities, and making healthcare simpler.
- Reuters
Spain to send Patriot missiles to Ukraine, El Pais reports
Spain will send a small number of Patriot missiles to Ukraine, El Pais newspaper reported on Friday, quoting unidentified sources. Spain ruled out delivering anti-aircraft launchers, but will give Kiev shells, the paper said. The defence ministry did not immediately reply to a request for comment.
- GuruFocus.com
Chairman James Wirth Acquires Shares of InnSuites Hospitality Trust (IHT)
In a recent transaction filed with the SEC, Chairman James Wirth of InnSuites Hospitality Trust (IHT) has purchased 400 shares of the company.
- The Independent
Orpheus Pledger: Home and Away star arrested after three-day manhunt in Australia
Police had issued arrest warrant as well as community look-out notice after Pledger failed to appear in court
- Reuters
Indian IT firm Tech Mahindra's shares jump most in 8 years on turnaround plan
Tech Mahindra shares jumped 13.2% on Friday, their biggest intraday gain in nearly eight years, after India's No.5 IT company announced a turnaround plan that offered succour following declining revenue growth for the past three quarters. Including the day's move, Tech Mahindra is up 2% so far this year compared with a 4% fall in the IT index. Larger rival Infosys was down 6.8%, while Tata Consultancy Services was up 2.2%.
- BBC
Co-op Live: Manchester venue boss resigns after shows postponed
Gary Roden quits days after he was criticised for telling BBC some grassroots music venues are "poorly run".
- The Independent
Excruciating Question Time moment as minister Chris Philp asks if Congo is different country to Rwanda
Extraordinary question during discussion of Rwanda deportation plan was met with visible bewilderment from the audience
- Reuters
Japan's Nikkei rallies as BOJ maintains dovish stance
Japan's Nikkei share average rallied on Friday after the Bank of Japan (BOJ) opted to leave interest rates unchanged, as widely expected, and said accommodative monetary conditions are likely to continue for the time being. The Nikkei ended the day 0.8% higher at 37,934.76, extending a 0.4% rise from the morning session after the BOJ announced its policy decision during the midday recess. The BOJ maintained its short-term interest rate target at a range of 0-0.1% in a unanimous vote, and issued fresh estimates projecting inflation to stay near its 2% target in the next three years.
- BBC
TikTok will not be sold, Chinese owner tells US
The video sharing app faces being banned in the US unless it severs ties with its Chinese parent.
- Thomson Reuters StreetEvents
Q1 2024 Empire State Realty Trust Inc Earnings Call
Q1 2024 Empire State Realty Trust Inc Earnings Call
- Thomson Reuters StreetEvents
Q1 2024 First Foundation Inc Earnings Call
Q1 2024 First Foundation Inc Earnings Call
- Thomson Reuters StreetEvents
Q1 2024 First Interstate Bancsystem Inc Earnings Call
Q1 2024 First Interstate Bancsystem Inc Earnings Call
- Reuters
Explainer-What is so special about TikTok's technology
The content recommendation algorithm that powers the online short video platform TikTok has once again come under the spotlight after the U.S. ordered its Chinese owner, ByteDance, to sell the app's U.S. assets or face a nationwide ban. The algorithms are deemed core to ByteDance's overall operations, and ByteDance would rather shut down the app than sell it, Reuters reported citing sources. China made changes to its export laws in 2020 that give it approval rights over any export of algorithms and source codes, adding a layer of complexity to any effort to sell the app.
- KGTV - San Diego Scripps
Brief history of the Oceanside Pier, now on fire
Daley says the first Oceanside Pier was built in 1888, just before his family moved here. He says it was the backdrop for many of his childhood memories.
- The Independent
Chelsea can claim crowning Women’s Champions League victory in the house that Emma Hayes built
Barcelona have a score to settle but Stamford Bridge will be ready as Chelsea look to reach the Women’s Champions League final in Hayes’s final season