Author: franperez66q@protonmail.com
The General Motors global headquarters in Detroit, Jan. 12, 2026.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT — General Motors is set to report its second-quarter earnings before the bell Tuesday.Here is what Wall Street is expecting, according to average estimates compiled by LSEG:Earnings per share: $3.20 adjustedRevenue: $47.01 billionThose results would mark a more than 26% increase in adjusted earnings per share and 0.2% decline in revenue compared with a year earlier. GM’s 2025 second-quarter results included $47.12 billion in revenue, net income attributable to stockholders of $1.9 billion, and adjusted earnings before interest and taxes of $3.04 billion.Aside from…
Investing.com– Alibaba Group ()-backed Ant International said on Monday it had raised about $1.2 billion in an equity financing round, with proceeds earmarked to expand its cross-border payments business and AI-powered commerce solutions globally. The Singapore- and Shanghai-based financial technology company said existing shareholders, including Ant Group () and Alibaba Group, participated in the fundraising alongside international investment institutions. Get real-time updates on market-moving news with InvestingPro — now at 60% off Ant International said the fresh capital will support global expansion and accelerate innovation in merchant payments, account management and financial services for small and medium-sized businesses and enterprises.…
Since Sony announced that it was planning to stop producing physical PlayStation discs in 2028, many people have been justifiably worried about how they will maintain ownership and long-term game access in a disc-free world. But halting production of PlayStation discs also means eliminating the market for cheap used PlayStation discs, which are often available for well below the price of a digital download. How much is this disc-based discount worth? To find out, Ars analyzed how the prices of 19 current top-selling PlayStation games varied between digital downloads and physical discs (both new and used). We found that, while…
More widely, Burnham has also said he would publish a 10-year plan for the country and the economy later this year, likely to detail his wider plans on decentralisation, devolution, and rebuilding Britain. Ordinarily, you might expect a significant infrastructure programme with such plans, but Burnham also wants to fund the Defence Investment Plan, a multi-billion, multi-year spending commitment for the UK military. How will he square this?In addition, his first priority going through the doors, he said, would be a national plan to end rough sleeping. He made a similar pledge in Greater Manchester, but some early progress went…
Stocks always go up and down. But lately, some of the daily swings in AI stocks have crossed into extreme territory. Investors need to respond accordingly by changing their approach to putting money to work. On Monday’s Morning Meeting , Jim Cramer said he wasn’t ready to put fresh money into tech stocks just yet, echoing something he discussed at length in his Sunday column . But if investors want to buy the dips on some of the chipmakers and other data-center plays, Jim’s advice is to use “wide scales” to soften the impact of any sharp moves. By wide…
Why is South32 stock rallying today? Source link
California said its rules are “technology-neutral,” allowing AT&T to use wired, wireless, and/or VoIP service to fulfill its COLR obligations. While AT&T says its wireless AT&T Phone-Advanced (AP-A) is a suitable replacement for copper, California said that “AT&T has never formally sought to substitute POTS with AP-A.” AT&T “does not want to meet its COLR obligations through AP-A; it seeks relief from meeting them at all,” California said. “That is why AT&T does not claim in this lawsuit, either, that it will offer basic service through AP-A (or any other service) instead.” AT&T doesn’t promise that AP-A will meet state…
A ship identified by the Philippine Coast Guard as a Chinese research vessel is seen towing a floating structure at Scarborough Shoal in the disputed South China Sea on June 15, 2026. Jam Sta Rosa | Afp | Getty ImagesThe U.S. condemned what it termed China’s “dangerous and aggressive” actions against Philippine navy personnel in the contested South China Sea waters, after Manila said a Chinese coast guard officer repeatedly struck a Filipino sailor on the head with a wooden baton, injuring him and damaging a navy rubber boat.The confrontation in the Second Thomas Shoal on Monday came as U.S.…
Commercial vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman.Elke Scholiers | Getty Images News | Getty ImagesVessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump’s blockade took effect last week, with shipowners increasingly avoiding one of the world’s most important energy corridors as fighting between the U.S. and Iran intensifies. Crossings through the Strait have fallen sharply across multiple shipping datasets with renewed U.S. strikes on Iran, Tehran’s declaration of a blanket ban on maritime traffic and fresh attacks on commercial vessels has prompted operators to reassess…
SYDNEY, July 21 (Reuters) – KPMG Australia on Tuesday promoted partner John Sams to chief executive, two months after its former boss departed over a damaging audit leak scandal at the firm. Sams, a partner from the commercial advisory and transactions practice group, has been chief financial officer since October 2025 and chief operating officer since June. KPMG said his appointment by the board followed a rigorous process that considered internal candidates across the firm’s international network as well as external ones. “The board believes that John has the strong attributes required to be the firm’s successful leader – including…