Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forecast, citing sustained Azure strength.
The resurgent dollar headed towards a second straight week of gains on Friday as a hotter-than-expected U.S. economy has pushed back investors' and policymakers' expectations of the trajectory of Federal Reserve rate cuts this year. The greenback's 0.17% gain for the week was somewhat capped by a slight stall in its rally since Thursday following a rare trilateral warning from finance chiefs in the United States, Japan and South Korea over the latter two's sliding currencies, raising the risk of a potential joint intervention. That's as Asian currencies, in particular, come under immense pressure from the dollar's strength.
The resurgent dollar headed towards a second straight week of gains on Friday as a hotter-than-expected U.S. economy has pushed back investors' and policymakers' expectations of the trajectory of Federal Reserve rate cuts this year. The greenback's 0.17% gain for the week was somewhat capped by a slight stall in its rally since Thursday following a rare trilateral warning from finance chiefs in the United States, Japan and South Korea over the latter two's sliding currencies, raising the risk of a potential joint intervention. That's as Asian currencies, in particular, come under immense pressure from the dollar's strength.
Sell or be banned - TikTok's US operations, by some estimates, could fetch up to $100bn.
Latest Kern County, California and US and world news from 23ABC in Bakersfield, Calif.
Albuquerque schools said it would work with community on facility usage
A Colombian national has been extradited from Chile to the U.S to face kidnapping and assault charges in connection with two U.S. Army soldiers who were on temporary duty in Bogota, Colombia, the Justice Dept. said.
Portland Sea Dogs mark 30 years since their first game in Maine
THE WOODLANDS, Texas (AP) — Nelly Korda, who is looking to tie an LPGA Tour record with her fifth straight win, shot a 4-under 68 on Thursday in the opening round of the Chevron Championship, leaving her two shots behind leader Lauren Coughlin in the year's first major. Coughlin shot a bogey-free 66 in windy conditions at Carlton Woods, which is hosting the event for the second time. The top-ranked Korda is seeking her second major after winning the Women's PGA Championship in 2021. She could jo
Weekend will get cooler along the Central Coast
Fernando Ochoa Jauregui’s public defender pleaded not guilty on behalf of his client , who remains in custody.
Stocks again failed to hold early gains, with the market power trend about to end. Netflix subscribers jumped in Q1.
Two South Monterey County cities were awarded $11 million to help resolve two major encampments.
The video was published in October 2023, during the Hamas-Israel war, months before Iran's air attack on Israel in April 2024.
Around 100 living hostages remain in Hamas captivity, according to Israel
The streaming giant also said it added 9.3 million subscribers in the first three months of the year.
Under the radar in the US border crisis debate is the role of drug cartels preying on migrants.
Latest Kern County, California and US and world news from 23ABC in Bakersfield, Calif.
TSMC's trimmed forecast shows that the chip industry is still in recovery mode, and that demand is slowing.
Aurora Mayor Mike Coffman is proposing what he calls a “tough love” approach to address the city’s homelessness crisis.
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