The death toll from this week’s outbreak of sectarian violence in Syria has surpassed 100, a war monitoring group said on Thursday after the unrest spread to new areas.The violence erupted on Tuesday in the city of Jaramana after an audio clip circulated on social media purporting to be of a cleric from the Druse minority insulting the Prophet Muhammad. The cleric denied the accusation, and Syria’s Interior Ministry said that its initial findings showed that he was not the person in the clip.Nevertheless, armed Sunni Muslim extremist groups began attacking areas including Jaramana with large Druse populations on the…
Author: usaeverydaylife
Airbnb CEO Brian Chesky appears at “The Game Plan: Strategies for Entrepreneurs” at Airbnb Open in Los Angeles on Nov. 19, 2016.Kurt Krieger – Corbis | Getty Images Entertainment | Getty ImagesAirbnb reported results for the first quarter that were mostly in line with estimates, but the company issued a disappointing revenue forecast for the current period.Shares declined about 4%.Here’s how the company did compared to LSEG estimates:Earnings per share: 24 cents per share vs. 24 cents expectedRevenue: $2.27 billion vs. $2.26 billion estimate.Revenue increased 6% from about $2.1 billion a year ago. Net income fell to $154 million, or…
April was stormy for equity investors, but even retail investors holding onto Treasurys went on a wild ride – complete with sharp price swings. President Donald Trump’s “reciprocal” tariff rollout on April 2 and subsequent suspension of higher rates spurred volatile trading in stocks. At one point, the S & P 500 briefly slid into a bear market , dropping more than 20% from its February record, before dialing back its losses as retail investors bought the dip. The broad market index ended Wednesday – the final trading day in April – about 9% off its record close. .SPX 1M…
Michael Intrator, co-founder and CEO of CoreWeave, speaks at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington on April 25, 2025. The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate further as US President Donald Trump’s tariffs spark a global trade war.Kent Nishimura | Bloomberg | Getty ImagesUplifting earnings reports from Microsoft and Meta provided some relief to investors in cloud infrastructure supplier CoreWeave.Shares of CoreWeave, which held its market debut in March, closed up 7% on Thursday…
President Donald Trump said Thursday any country or person that buys oil or petrochemicals from Iran will not be allowed to do any business with the U.S.U.S. crude oil futures rose $1.03, or 1.77%, to close at $59.24 per barrel, while global benchmark Brent gained $1.07, or 1.75%, to settle at $62.13. Iran is one of the biggest oil producers in OPEC.”Any Country or person who buys ANY AMOUNT of OIL or PETROCHEMICALS from Iran will be subject to, immediately, Secondary Sanctions,” Trump said in a post on his social media platform Truth Social. “They will not be allowed to…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: Wall Street was putting together a nice rally on the first day of May after volatile April trading ended Wednesday, with the S & P 500 down for the third straight month. The stock market on Thursday surged on better-than-expected quarterly results from Club names Meta Platforms and Microsoft . The Nasdaq led the way higher with a gain of more than 2%. Wall Street fears that President Donald…
While the S & P 500 and Nasdaq 100 remain languishing below their 200-day moving average, shares of Coca-Cola Co. (KO) are close to completing a bullish price pattern which suggest much further upside potential. The daily chart of KO displays a fairly straightforward “cup with handle” pattern, formed by a long rounded bottoming pattern followed by a short-term pullback. The key to this pattern is that the rim of the cup as well as the handle are all around the same price level. In this case, each of those points have hit in the $73-74 range. This bullish pattern…
Noelle Laing, chief investment officer of Builders Vision.Courtesy of Builders VisionA version of this article appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Builders Vision, the family office of billionaire Walmart heir Lukas Walton, has promoted Noelle Laing to chief investment officer.The Chicago-based firm uses philanthropy and impact investing to address three global challenges: clean energy, food sustainability and ocean health.Laing started working with Walton 12 years ago when he was a client at Cambridge Associates, where she managed impact investments. She joined…
U.S. National Security Advisor Mike Waltz joins U.S. Vice President JD Vance for a visit to the U.S. military’s Pituffik Space Base in Greenland on March 28, 2025. Jim Watson | Via ReutersPresident Donald Trump said Thursday that he will nominate Mike Waltz to be the U.S. ambassador to the United Nations, confirming earlier reports that Waltz was being ousted as national security advisor.Trump said that Secretary of State Marco Rubio would serve as interim national security advisor until that post is filled.The announcement came hours after multiple news reports that Walz would leave that role amid continued controversy over his…
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025.Brendan McDermid | ReutersAmazon is slated to announce its first-quarter earnings after the market close on Thursday.Here’s what analysts are looking for:Earnings per share: $1.36 expected, according to LSEGRevenue: $155.04 billion expected, according to LSEGWall Street is also looking at other key revenue numbers:Amazon Web Services: $29.42 billion expected, according to StreetAccountAdvertising: $13.74 billion expected, according to StreetAccountThe topic of tariffs will hover over Amazon’s earnings report. Several of the company’s businesses are exposed to President Donald Trump’s new tariffs, especially its core…
