With the S&P 500 teetering on the edge of a bear market and some high-growth-prospect companies down more than 90%, reaching millionaire status by the time you retire may seem like a crazy goal. In reality, most bear markets plant the seeds of the next great recovery.
Alphabet jumped 11.5% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat estimates for first-quarter results. Lifting sentiment further, Microsoft gained 4% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also rose on the results, with Amazon.com and Nvidia up 3.1% and 1.3%, respectively.
Former band member John Lodge announced that Pinder died on Wednesday.
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
Q1 2024 Southwest Airlines Co Earnings Call
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U.S. stock index futures advanced on Friday as megacap growth shares rebounded on the back of robust quarterly results from Alphabet and Microsoft, while investors awaited a key inflation print that could help shape U.S. monetary policy. Alphabet jumped 11.5% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat estimates for first-quarter results.
South Korean police said Friday they searched the office of the hard-line incoming leader of an association of doctors and confiscated his mobile phone as he faces accusations that he incited the protracted walkouts by thousands of medical interns and residents. The office of Lim Hyun-taek, who is to be inaugurated as head of the Korean Medical Association next week, called the raid politically motivated and questioned whether the government is sincere about its offer for dialogue to end the strikes. Police said they sent officers to Lim's office in Seoul and residence in the southern city of Asan on Friday to confiscate his mobile phone and other unspecified materials.
Canadian curling champion Brad Gushue first struck up a friendship with Bob Cole some 20 years ago during the NHL lockout. The legendary broadcaster — an elite curler himself in his younger days — would often watch the up-and-coming skip throw stones at the local club in their hometown of St. John's, N.L. "At times during my career, I'd talk to him about how things were going," Gushue said. "The one thing with Bob, he was always very honest with me and very direct. He gave me some good advice."
The sport is gaining popularity with its addition to the 2028 Summer Games in Los Angeles. Here’s a look at the birth of a local league for youngsters carrying a lot of excitement.
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The second-largest U.S. liquefied natural gas (LNG) export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports. Since Jan. 15, Freeport LNG's Quintana, Texas, liquefaction plant has been operating without at least one of its three gas-processing trains. On Thursday, it took in 61 million cubic feet (mcf) of gas, compared to its capacity for 2.2 billion cubic feet per day (bcfd), LSEG data showed.
Over half of the weather-related power outages in the United States are caused by severe weather, such as thunderstorms and strong winds.
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
Dilworth Neighborhood Grille, a Charlotte restaurant, had posted a sign that read: “Please Let The Coach & GM Pick This Year.”
Pattie Harbinson was more than a family member or neighbor, she was a “food bank, the taxi cab, the babysitter, landlord — everything.”
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