An abandoned ranch in western Mexico that groups searching for missing relatives had claimed was an “extermination camp” — because of discarded personal items and burned remains found there — was a training hub for a major cartel, Mexico’s attorney general announced on Tuesday. But, he said “there is not a single piece of evidence to prove” that the ranch was the site of human cremations.At a news conference presenting his office’s findings so far in the high-profile case, Attorney General Alejandro Gertz said that the Izaguirre ranch in Teuchitlán, a village near Guadalajara in Jalisco state, was “totally proven”…
Author: usaeverydaylife
‘Fast Money’ traders talk SMCI earnings. Source link
Shoppers and pedestrians walk past a Shiels store at Rundle Mall in Adelaide, Australia, on Thursday, Feb. 11, 2021.James Bugg | Bloomberg | Getty ImagesAustralia’s first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low.This was higher than the Reuters expectations of a 2.3% climb, and unchanged from the 2.4% rise in the previous quarter.Data from the Australian Bureau of Statistics said that the most significant price rises this quarter were in housing, education, as well as food and non-alcoholic beverages.This was partially offset by falls in the prices of recreation and culture activities,…
Facebook’s CEO Mark Zuckerberg (L) speaks with Microsoft’s CEO Satya Nadella after posing for a family picture with guests who attend the “Tech for Good” Summit at the Elysee Palace in Paris, on May 23, 2018.Charles Platiau | AFP | Getty ImagesMicrosoft CEO Satya Nadella on Tuesday said that as much as 30% of the company’s code is now written by artificial intelligence.”I’d say maybe 20%, 30% of the code that is inside of our repos today and some of our projects are probably all written by software,” Nadella said during a conversation before a live audience with Meta CEO…
LIANYUNGANG, CHINA – APRIL 11, 2025 – A worker produces plush toys for sale to countries along the Belt and Road at a toy company’s production line in Lianyungang, Jiangsu province, China on April 11, 2025. Cfoto | Future Publishing | Getty ImagesChina’s manufacturing activity fell more than expected to a near two-year low, sliding into contractionary territory in April as the escalating trade war with the U.S. hurts bilateral trade.The official purchasing managers’ index came in at 49.0 in April, according to data from the National Bureau of Statistics on Wednesday, falling below the 50-level threshold, which determines expansion from contraction,…
The ‘Fast Money’ traders talk what to expect in next 100 days. Source link
Traders work on the floor of the New York Stock Exchange (NYSE) on April 29, 2025 in New York City. Angela Weiss | Afp | Getty ImagesStock futures tied to the S&P 500 were lower Tuesday evening as traders prepared for a blast of economic data to wrap up a tumultuous month of trading.S&P 500 futures slipped 0.2%, while Nasdaq 100 futures lost 0.3%. Dow Jones Industrial Average futures added 11 points, or 0.03%.The major averages ended Tuesday higher after Commerce Secretary Howard Lutnick told CNBC that the White House was close to announcing a trade deal, but didn’t name…
Photo illustration showing the Samsung Group company logo displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSamsung Electronics’ operating profit and revenue beat analysts’ estimates Wednesday, as sales of its flagship Galaxy S25 smartphones and as well as memory chips rose.The South Korean company posted a record quarterly revenue, up 10% from a year earlier, while its first-quarter operating profit climbed 1.5%. Here are Samsung’s first-quarter results compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:Revenue: 79.1 trillion Korean won vs. 78.1 trillion Korean won Operating profit: 6.7 trillion Korean won…
Canada’s banker-turned-prime-minister pulled off a political miracle, leading his party from polling abyss to a rare fourth term in power, and securing the top government job after entering electoral politics just three months ago.Mark Carney, the country’s new leader, told Canadians that he was the right person to stand up to President Trump and that, with his economics expertise, he knew how to boost the country’s lackluster economy and fortify it in turbulent times. Now he has to actually do all of that, and quickly, as his country moves from a prolonged period of political turmoil and faces the fallout…
Stocks rose on Tuesday, lifted by hopes for a tariff deal. The S&P 500 and the Dow posted six-day winning streaks. Here’s what’s on CNBC’s radar Wednesday. Source link
