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Posts published in “Finance”

Elon Musk is throwing his weight around Tesla, comes in like a wrecking ball

We are getting more information on the ongoing layoffs at Tesla. Several employees describe the situation as Elon Musk “throwing his weight around” to solidify his status after being mostly absent over the last year. But he is coming in like a dangerous wrecking ball. Sources familiar with the matter told Electrek that Musk was

Aspirin Can Prevent a Deadly Pregnancy Complication. Why Aren’t Women Told?

U.S. World Business Arts Lifestyle Opinion Audio Games Cooking Wirecutter The Athletic Advertisement SKIP ADVERTISEMENT May 1, 2024, 11:20 a.m. ET The Latest Baby aspirin is routinely prescribed to people who survive heart attacks. But there’s another vulnerable group who benefit from daily low-dose aspirin: pregnant women at risk of developing pre-eclampsia, life-threatening high blood

Meta AI spending plans cause share price slump

Meta AI spending plans cause share price slump  BBC.comStock futures fall after Meta Platforms, IBM report quarterly results: Live updates  CNBCMeta's Miss Sparks Fear in Tech World With Big Earnings Looming  Yahoo FinanceZuckerberg burns some goodwill on Wall Street as he plows forward with metaverse  MarketWatchMeta’s stock plunges on ‘aggressive’ AI spending plans  CNN...

Netflix reports strong subscriber gains, but Q2 revenue forecast disappoints

Netflix (NFLX) stock slid as much as 9.6% Friday after the company gave a second quarter revenue forecast that missed estimates and announced it would stop reporting quarterly subscriber metrics closely watched by Wall Street. On Thursday, Netflix guided to second quarter revenue of $9.49 billion, a miss compared to consensus estimates of $9.51 billion.

Powell to update views on policy as inflation remains sticky

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The latest U.S. inflation data is "along the lines of what we would like to see," Federal Reserve Chair Jerome Powell said on Friday in comments that appeared to keep the central bank's baseline for interest rate cuts this year intact. The personal consumption expenditures (PCE) price