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Apple on Thursday evening reported a strong quarter to wrap up a busy week of megacap earnings. Clearly, CEO Tim Cook’s decision to announce his upcoming departure ahead of the release was a move to ensure that news would not overshadow the incredible results. Revenue in Apple’s fiscal 2026 second quarter ended March 31 increased 17% to $111.2 billion, well ahead of the $109.7 billion expected, according to LSEG. Earnings per share jumped 22% to $2.01, ahead of estimates of $1.95, according to LSEG. AAPL 1Y mountain Apple 1 year performance In fact, it was the best March quarter in…
U.S. President Donald Trump exits Air Force One as he arrives at Miami International Airport in Florida, U.S., April 11, 2026. Kevin Lamarque | ReutersPresident Donald Trump is running up against a Friday legal deadline that threatens to halt U.S. military operations against Iran — but Defense Secretary Pete Hegseth suggested Thursday that the ongoing ceasefire nullifies that cutoff date.Under the 1973 War Powers Resolution, Trump is required to withdraw U.S. armed forces 60 days after reporting their deployment to Congress — unless the legislative branch authorizes the military action, which it has not done. The U.S. and Israel first…
Packages of Ice Breakers spearmint mints Mints are displayed at a Costco Wholesale store on April 27, 2025 in San Diego, California.Kevin Carter | Getty ImagesHershey is seeing higher sales for its mints and gum — thanks to the growing use of GLP-1 drugs.”We’ve also seen strong demand for gum and mints, as the category benefits from functional snacking tailwinds, including GLP-1 adoption,” CEO Kirk Tanner said in pre-recorded remarks ahead of the company’s earnings conference call Thursday. “Retails sales for our third-largest confection brand, Ice Breakers, increased over 8% in the quarter.” While Tanner didn’t specify why the increasing…
Hemab Therapeutics prices IPO at $18 per share Source link
In a series of social media posts Thursday, President Trump withdrew his nomination of Make America Health Again influencer Casey Means to be surgeon general, lashed out at Sen. Bill Cassidy (R-La.) for Means’ stalled nomination in the Senate, then announced a new nominee: Nicole B. Saphier, a breast radiologist at Memorial Sloan Kettering Cancer Center, a Fox News contributor, and founder of an herbal supplement company who has questioned vaccines. Trump’s abandonment of Means comes as no surprise. The nomination of the Stanford University-trained doctor has been stalled in the Senate since her February confirmation hearing before the Senate…
Reform UK mega donor Christopher Harborne gave the money to Nigel Farage in early 2024. Source link
U.S. President Donald Trump holds up an executive order during an event in the Oval Office of the White House on April 30, 2026 in Washington, DC. Andrew Harnik | Getty ImagesPresident Donald Trump signed an executive order Thursday to create a new way to save for retirement for workers who don’t currently have access to a 401(k) or another workplace plan. Trump ordered the launch of a new website next year, TrumpIRA.gov, where workers could research, compare and enroll in private-sector IRA accounts through which, if eligible, they could collect a matching contribution from the federal government. “You’ll then…
Trump lifts tariffs on UK whiskey to toast departing King Charles Source link
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024.Frederic J. Brown | Afp | Getty ImagesReddit reported better-than-expected profit and revenue in its first-quarter earnings report on Thursday, and also issued an optimistic forecast. The stock jumped over 9% in extended trading. Here’s how the company did compared with LSEG estimates:Earnings per share: $1.01 vs. 58 cents expectedRevenue: $663 million vs. $611 million expectedRevenue jumped 69% in the quarter from $392 million a year earlier, Reddit…
Rep. Jim Jordan (R-OH) speaks to reporters as he arrives for a House Republican conference meeting on Capitol Hill on March, 6 2024 in Washington, DC. Kent Nishimura | Getty ImagesThe House on Thursday passed on a vote of 261-111 a 45-day extension of a controversial foreign surveillance program, voting just as the program was set to expire.The Senate earlier Thursday unanimously passed the measure, which will next go to President Donald Trump for his signature next. The president has urged Congress to reauthorize the program.Section 702 of the Foreign Intelligence Surveillance Act of 1978 allows the government to collect the…