Julia Parsons, a U.S. Navy code breaker during World War II who was among the last survivors of a top-secret team of women that unscrambled messages to and from German U-boats, died on April 18 in Aspinwall, Pa. She was 104.Her death, in a Veterans Affairs hospice facility, was confirmed by her daughter Margaret Breines.A lover of puzzles and crosswords while growing up in Pittsburgh during the Great Depression, Mrs. Parsons deciphered German military messages that had been created by an Enigma machine, a typewriter-size device with a keyboard wired to internal rotors, which generated millions of codes. Her efforts…
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Microsoft delivered a strong quarter Wednesday evening, with beats nearly across the board. The biggest standout was Azure’s accelerating revenue growth, which caught the market by surprise. Revenue increased 13% year over year to about $70 billion in its fiscal 2025 third quarter, beating the Street consensus estimate of $68.4 billion, according to data from LSEG. Earnings per share increased 17% from last year to $3.46, ahead of EPS estimates of $3.22, LSEG data showed. MSFT YTD mountain Microsoft YTD The strong results combined with stronger revenue guidance for the current quarter sent shares up nearly 7% in after-hours trading.…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 and the Dow Industrials ended Wednesday higher, and what’s on the radar for the next session. Apple after the bell The tech and consumer giant reports on Thursday afternoon. CNBC TV’s Steve Kovach will have the numbers on ” Closing Bell: Overtime ,” plus the stock reaction in real time. Apple is down 10.5%…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyGene Munster, Deepwater Asset Management, joins ‘Fast Money’ to discuss Microsoft’s earnings and his takeaways from Big Tech earnings calls.03:283 hours ago Source link
Meta Platforms shares jumped Wednesday after the social media giant delivered a strong first quarter and signaled its intentions to keep spending on artificial intelligence. Revenue in the three months ended March 31 climbed 16.1% year over year to $42.31 billion, beating the consensus estimate of $41.39 billion, according to LSEG. Earnings per share (EPS) soared 36.5% on annual basis to $6.43, trouncing expectations of $5.27, LSEG data showed. Shares of Meta added more than 4% in the after market, trading at nearly $575 apiece. The stock ended Wednesday’s regular session down more than 25% from its all-time high in…
This photo illustration created on Jan. 7, 2025, in Washington, D.C., shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo.Drew Angerer | AFP | Getty ImagesChinese online retailers have cut back their spending on Facebook and Instagram ads in reaction to President Donald Trump’s tough trade policy with the country.Meta’s finance chief Susan Li said Wednesday that “Asia-based e-commerce exporters” have reduced their spending with the social media company. It’s likely those firms did so as they prepare for the de minimis trade loophole ending this Friday, Li said during a first-quarter earnings…
In this handout photo released via the official social media channels of the Office of the President of Ukraine, Ukraine’s President Volodymyr Zelenskyy (R) meets with U.S. President Donald Trump (L) during Pope Francis’ funeral at St. Peter’s Basilica at the Vatican, in Vatican City, Vatican, on April 26, 2025.Handout | Getty Images News | Getty ImagesThe White House announced Wednesday night that it signed an economic partnership with Ukraine that includes an agreement on the ownership and extraction of natural resources from the war-torn nation.Treasury Secretary Scott Bessent said the agreement, established as the United States-Ukraine Reconstruction Investment Fund, will allow the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email”Fast Money” is America’s post-market show. Hosted by Melissa Lee and a roundtable of top traders, “Fast Money” breaks through the noise of the day, to bring you the actionable news that matters most to investors. Source link
Starter homes now cost $1 million or more in 233 U.S. cities — nearly triple the number from five years ago.That’s according to a new Zillow analysis, which shows just how out of reach the housing market has become, especially for first-time buyers.Zillow defines “cities” as distinct housing markets, which can include large suburbs, towns or boroughs within major metro areas. “Starter homes” are defined as properties in the bottom third of home values within a given market. That means these aren’t luxury listings — they’re the least expensive homes available in each city. Unsurprisingly, $1 million starter homes are concentrated…
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York on Aug 1, 2018.Lucas Jackson | ReutersApple willfully violated and ignored a 2021 decision that came out of the Epic Games case, Judge Yvonne Gonzalez Rogers said in a court filing on Wednesday.She wrote that Apple Vice President of Finance Alex Roman “outright lied” to the court about when Apple had decided to levy a 27% fee on some purchases linked to its App Store.”Neither Apple, nor its counsel, corrected the, now obvious, lies,” Rogers wrote, saying that she considers Apple to…
