Palestinians gather to receive food cooked by a charity kitchen, before a ceasefire between Hamas and Israel takes effect, in Khan Younis, in the southern Gaza Strip, January 17, 2025. Hatem Khaled | ReutersThe hunger crisis in Gaza under Israel’s assault has reached a “tipping point,” experts and advocates tell NBC News, with deaths expected to soar if Palestinians do not get urgent relief.And many children who do survive malnutrition will face lifelong consequences, they warn.The “window to prevent mass death is rapidly closing, and for many it’s already too late,” said Kiryn Lanning, senior director of emergencies of the International Rescue Committee (IRC), a U.S.-based humanitarian organization.…
Author: usaeverydaylife
Meta Platforms reported better-than-expected quarterly results , and analysts are feeling optimistic about its performance going forward. Meta earned $7.14 per share on revenue of $47.52 billion during the second quarter, while analysts surveyed by LSEG had expected $5.92 per share and $44.80 billion in revenue. The company also said that it anticipates its sales for the third quarter to be between $47.5 billion and $50.5 billion, above the $46.14 billion analysts polled by LSEG had penciled in. Additionally, the company raised its full-year forecast for capital expenditures, saying that will be between $66 billion and $72 billion, higher than…
A former line haul driver, Brandon Dickerson, 34, became disabled after a ruptured aneurysm caused bleeding in his brain. His sister, Geneva, is one of his caregivers.Courtesy: Dickerson FamilyBrandon Dickerson collapsed in his Louisiana home in March 2022, after suffering from a ruptured brain aneurysm. The sudden burst of a blood vessel caused bleeding in his brain. The former line haul driver went into a coma, and when he woke up, he had severe functional limitations. “His cognitive skills and communication skills are limited,” Geneva Dickerson, Brandon’s older sister and caregiver, recently told CNBC. Brandon, now 34, lives in a traumatic…
President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April 2, 2025, in the Rose Garden at the White House. Demetrius Freeman/The Washington Post via Getty ImagesA federal appeals court on Thursday is set to hear arguments on whether or not to kneecap President Donald Trump’s global tariff regime.The oral arguments before the U.S. Court of Appeals for the Federal Circuit are set to begin at 10 a.m. ET. They will be livestreamed on the court’s Youtube page.Trump has held up the case as a life-or-death moment for his trade…
CNBC reporter Ganesh Rao with India Commerce Secretary Piyush Goyal© George Bextor, CNBCHello, this is Ganesh Rao, CNBC’s senior correspondent, writing from London. This week, I look into India’s willingness and limitations to strike trade deals after I sat down with the country’s Commerce Secretary Piyush Goyal. Enjoy!This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here.The big storyJust a week after India secured a landmark free trade agreement with the United…
Check out the companies making the biggest moves in premarket trading: CVS Health — The stock popped 8% after the drugstore chain reported an earnings and revenue beat for its second quarter. The company also boosted its adjusted profit outlook, now expecting a range of $6.30 to $6.40 per share for fiscal 2025, up from previous guidance of $6 to $6.20 per share. Comcast — The telecommunications giant added 6% after posting second-quarter adjusted earnings of $1.25 a share on revenue of $30.31 billion. Analysts polled by LSEG were expecting adjusted earnings of $1.18 a share on revenue of $29.81…
CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit. Shares of the retail drugstore chain jumped more than 9% in premarket trading Thursday.The company now expects fiscal 2025 adjusted earnings of $6.30 to $6.40 per share, up from previous guidance of $6 to $6.20 per share. CVS also cut its GAAP earnings guidance, without disclosing additional details.In an interview, CVS CEO David Joyner said the quarterly beat and guidance hike is in part “a tribute to the…
Here are Thursday’s biggest calls on Wall Street: Goldman Sachs initiates Galaxy Digital as neutral Goldman initiated the crypto company and says its valuation appears “elevated.” ” GLXY is a business in transition, moving from its roots as a pure play digital assets / crypto investment and merchant bank to providing AI data center infrastructure as well.” KeyBanc downgrades Palo Alto Networks to sector weight from overweight KeyBanc said it sees too many “strategy concerns” following the company’s acquisition of CyberArk. “We are downgrading shares of PANW to Sector Weight given four key strategic concerns following the announced acquisition of…
Baird thinks UnitedHealth shares could come under even more pressure in the months ahead. The firm downgraded the name to underperform from neutral and slashed its price target by $114 to $198. That implies more than 25% downside potential from Wednesday’s closing level. “Our [risk assessment framework] analysis cast doubt on Optum Health, which was confirmed by 2Q25 earnings with [value-based care] long-term margins lowered to 5% and a total v28 implied headwind close to 20% over three years,” analyst Michael Ha wrote in a Wednesday note. “With minimal successful offsets/mitigation through Y2 and re-coding back to pre-v28 levels seemingly…
Treasury Secretary Scott Bessent on Thursday expressed confidence that the U.S. and China are on the way to trade pact as a key tariff deadline nears.”I believe that we have the makings of a deal,” Bessent said during an interview on CNBC’s “Squawk Box.” “There’s still a few technical details to be worked out on the Chinese side between us. I’m confident that it will be done, but it’s not 100% done.”Bessent did not provide any details on what a final deal with China would look like.However, he stressed that he hasn’t discussed the issue yet with President Donald Trump,…
