Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: franperez66q@protonmail.com
Amazon shares surged on Friday while Apple dropped as investors reacted starkly differently to their June quarter earnings reports. Shares of Amazon were 12% higher in premarket trading, while Apple fell 7%. Amazon was nearly 4% higher at Thursday’s close while Apple was down by more than 1%. Both companies reported their June quarter earnings on Thursday with Amazon impressing the market while Apple disappointed.Apple’s earnings, revenue and iPhone sales were all above market expectations, however the company issued weak guidance for the current quarter, citing “supply constraints.” Apple said revenue growth in the current quarter will be between 9%…
BP has said it is putting its North Sea business up for sale in a move that would end 60 years of production in the region by the oil giant.The decision follows a review of BP’s operations as it seeks to slim down the group. Its North Sea business has five production hubs – two in the central North Sea and three west of Shetland – and employs about 1,100 people.Earlier this week, Prime Minister Andy Burnham said he told US President Donald Trump he would take a “pragmatic approach” to the issue of North Sea oil and gas.Trump, some…
Why is Infineon Technologies stock surging today? Source link
CNBC’s Jim Cramer said on Thursday that Situational Awareness’ collapse is a cautionary tale about the dangers of investing with borrowed money.”For two weeks, I’ve been telling you to get off margin, stop using borrowed money,” the “Mad Money” host said. “I didn’t want you to get caught up in what some over-leveraged hedge fund was doing. I didn’t want you to get blown out.”The AI-focused hedge fund, founded by former OpenAI researcher Leopold Aschenbrenner, was forced to unwind its highly leveraged bets on Thursday after suffering steep losses in recent weeks. Situational Awareness embraced the popular “long hardware, short…
A government consultation will look at “whether the 182-day threshold is set at the right level and what impact a modest reduction might have”.It also proposes five new possible exemptions for accommodation that cannot be used as permanent homes, including properties on owners’ farms.Jones said: “I have heard representations from a number of businesses that are making meaningful contributions to their local economies but are unable to meet the current threshold.”This consultation will help us find a solution that works better for everyone, including businesses, local authorities and local areas.”I am committed to getting the balance right – keeping homes…
A commuter walks past a wall mural along the street in Tehran on July 21, 2026.Atta Kenare | Afp | Getty ImagesIran’s army said on Friday it had launched attacks on strategic U.S. assets and military bases in Kuwait and Bahrain, following the latest wave of U.S. strikes against the Islamic Republic.Tehran said that it targeted aircraft shelters, satellite communication systems and equipment storage facilities used by the U.S. military at Kuwait’s Ahmad al-Jaber Air Base in a drone strike, per state media. Iran’s army also claimed Thursday to have attacked U.S. facilities at Sheikh Isa Air Base in Bahrain,…
Alpha Bank posts stronger than expected 2Q26 results Source link
White House Press Secretary Karoline Leavitt holds a news article on Amazon CEO Jeff Bezos that reads “Amazon partnered with China propaganda arm” during the daily briefing in the Brady Briefing Room of the White House in Washington, DC, on April 29, 2025. Mandel Ngan | Afp | Getty ImagesAmazon disclosed Thursday that it has received $600 million in tariff refunds after the Supreme Court ruled that many of President Donald Trump’s levies were illegal, and it expects to return some of that cash to customers.”We are participating in the tariff refund process and, as I mentioned earlier, we received…
Deadly storms that have disrupted copper mines in Chile could amplify market strains, strategists say, as the U.S. and China battle for supply of the critical industrial metal, in turn pushing prices higher.Although the immediate outages appear limited, mining disruption in Chile — which accounts for more than a fifth of global copper production — has landed in a market already distorted by U.S. tariff expectations, tighter scrap availability in China and surging demand for refined metal used in power grids and AI infrastructure, strategists say.Heavy snow, flash flooding and high winds have swept across the South American nations over…
