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Business InsiderMeta earnings results: shares tumble 17% after hours despite beating estimates; stock down on weak revenue guidance
Meta's stock sank after hours. Share prices were down 17% after Facebook's parent company issued weak revenue guidance on today's earnings call.
- France 24
Venice launches pilot day-tripper entry fee to tackle mass tourism
Under the gaze of the world’s media, the fragile lagoon city of Venice launches a pilot program Thursday to charge day-trippers a 5-euro (around $5.35) entry fee that authorities hope will discourage visitors from arriving on peak days and make the city more livable for its dwindling residents. Signs advising arriving visitors of the new requirement for a test phase of 29 days through July have been erected outside the main train station and other points of arrival.Some 200 stewards have been tr
- Reuters
German economic weakness spurs angst in neighbouring countries
Germany's economic weakness is causing concern in neighbouring countries from Switzerland to Poland, prompting some foreign economists to call for reforms in the euro zone's largest economy to stop the spread of the malaise. The International Monetary Fund cut its forecasts for German GDP growth by 0.3% for both 2024 and 2025. "Without economic stimulus from Germany, Austria will struggle," said Gabriel Felbermayr, director of the Austrian Institute of Economic Research Wifo.
- PA Media: UK News
Insurance principles aim to manage cost of paying monthly for motor cover
The principles are part of a raft of actions to tackle the cost of motor insurance, the Association of British Insurers said.
- The Guardian
The Alternatives by Caoilinn Hughes review – follow your own path
A woman searching for solitude runs into her sisters in this brilliant, brainy tale
- The Telegraph
Planet Normal: PM ‘wasn’t interested’ in discussing migration, says Suella Braverman
On the latest Planet Normal podcast, which you can listen to using the audio player above, columnists Liam Halligan and Allison Pearson speak to former Home Secretary Suella Braverman who shares her thoughts on whether or not she thinks the Rwanda Bill will ‘stop the boats,’ the “scramble for the centre ground” and Sir Mark Rowley’s future at the Metropolitan Police.
- Evening Standard
Man City XI vs Brighton: Erling Haaland injury latest, confirmed team news, predicted lineup today
Pep Guardiola has ruled the striker out of the game
- The Independent
Israel-Gaza – live: Hamas releases video of Israeli-American hostage as IDF unleashes ‘extreme force’
EU calls for investigation into mass graves uncovered in Gaza
- Evening Standard
FTSE 100 Live 25 April: Sainsbury's results; mining takeover plan revealed, shares seen steady
Shares in Facebook owner Meta Platforms fell 15% in after-hours trading yesterday, despite first quarter earnings slightly ahead of expectations. Deutsche Bank said: “All this led to what was in many ways a mirror image of the reaction to Tesla’s results the day before, with Meta’s outlook disappointing relative to lofty expectations that had seen its shares rise 39.4% year-to-date.” Anglo American shares are likely to surge after the London-listed mining giant confirmed it was reviewing a takeover proposal from Australia’s BHP.
- Reuters
UPDATE 1-Ad group WPP reports 1.6% drop in first-quarter organic growth
British ad group WPP reported a 1.6% drop in organic growth in the first quarter, lagging its major rivals, after it was hit by loss of business from healthcare client Pfizer and reduced spending by technology companies. WPP, which had already warned that any organic growth this year would be weighted towards the second half, on Thursday reiterated its guidance for flat to 1% growth this year, with a margin improvement of 20-40 basis points.
- Evening Standard
Sadiq Khan admits mayoral elections will be judgement day on Ulez and other transport policies
Asked at a BBC London TV hustings whether he had succeeded in bringing Londoners with him on clean air and car travel, he says: ‘We will find out on May 2’
- Evening Standard
Blades of Paris's famous Moulin Rouge windmill collapse onto street
The blades of the world-famous Moulin Rouge in Paris have collapsed overnight. Paris firefighters told AFP on Thursday that the collapse on the busy Boulevard de Clichy did not cause any injuries. It happened just weeks before the French capital hosts the Olympic Games.
- Evening Standard
Brighton vs Man City: Prediction, kick-off time, team news, TV, live stream, h2h results, odds today
Champions look to respond in Premier League title race
- Hello!
Princess Beatrice's former boyfriend Paolo Liuzzo is found dead in Miami
In a tragic turn of events, Paolo Liuzzo, who was once romantically linked to Princess Beatrice, has been found dead in a Miami hotel room. See details.
- PA Media: UK News
Ofsted to continue with single-phrase judgments despite calls to axe them
The Department for Education’s response has been branded ‘deeply disappointing’ and a missed opportunity for ‘meaningful change’ by union leaders.
- The Guardian
Australian women alleging ‘unlawful’ treatment at Doha airport launch appeal
Five women who say they were forced to undergo invasive examinations seek to overturn judgment finding they could not directly sue Qatar Airways
- Simply Wall St.
A.G. BARR (LON:BAG) Will Pay A Larger Dividend Than Last Year At £0.124
A.G. BARR p.l.c.'s ( LON:BAG ) dividend will be increasing from last year's payment of the same period to £0.124 on 7th...
- Evening Standard
Spooked Household Cavalry horses bolt through central London injuring soldiers and public
Spooked horses rampaged for six miles smashing into vehicles before they were finally caught and calmed in Limehouse
- KGTV - San Diego Scripps
Formerly homeless man volunteers time helping those at previous shelter
Volunteers are working away at PATH’s Connections interim housing in downtown San Diego and getting ready to make dinner for those staying at the shelter.