Check out the companies making headlines before the bell. Meta Platforms — The Facebook and Instgram parent jumped about 3%. Meta cut staff in its Reality Labs division, CNBC reported. Alphabet – The Google and YouTube owner climbed more than 4% after first-quarter results topped Wall Street expectations. Alphabet earned $2.81 per share on $90.23 billion in revenue for the quarter, while analysts surveyed by LSEG had estimated $2.01 per share and $89.12 billion in revenue. T-Mobile – Shares of the telecommunications company fell 5.5% after it reported fewer first-quarter wireless phone subscribers than the Street expected, seeing 495,000 postpaid…
Author: usaeverydaylife
U.S. President Donald Trump looks on, on the day he signs executive orders in the Oval Office at the White House in Washington, D.C., U.S., April 23, 2025. Leah Millis | ReutersNearing the tone-setting 100th day of his second administration at the end of April, U.S. President Donald Trump has ramped up pressure on Russia and Ukraine to end their three-year conflict at the steep price of territorial concession. U.S. special envoy Steve Witkoff, a former real estate mogul turned Kremlin whisperer, arrived in Moscow on Friday, according to Interfax. He is expected to carry out further peace talks with Russian…
Prime Minister Benjamin Netanyahu of Israel offered condolences Thursday on the passing of Pope Francis, more than three days after the death of the Roman Catholic world’s leader.The delay in issuing a statement highlighted apparent tensions in the relationship between Israeli officials and the pope, who pointedly criticized Israel’s conduct in the war in Gaza and repeatedly called for a cease-fire.“The State of Israel expresses its deepest condolences to the Catholic Church and the Catholic community worldwide at the passing of Pope Francis,” the office of the Israeli prime minister said in a post on X. “May he rest in…
Wall Street liked what it saw in Alphabet’s first-quarter financial report. Shares rose around 5% in premarket trading after Alphabet, the parent company of Google and YouTube, reported stronger-than-expected first-quarter results on Thursday. The tech giant posted revenue of $90.23 billion and earnings per share of $2.81, while analysts polled by LSEG expected $89.12 billion in revenue and earnings of $2.01 per share. Alphabet’s search and advertising businesses remained resilient even as competition in artificial intelligence heats up and questions remain about macroeconomic and regulatory pressures. Shares of Alphabet have been pummeled amid the broader market sell-off this year, particularly as traders…
It appears T. Rowe Price is benefitting from the record growth in actively managed exchange traded funds.Tim Coyne, the firm’s head of ETFs, reports the firm is seeing significant growth in the area — listing the T. Rowe Price Capital Appreciation Equity ETF (TCAF) and T. Rowe Price U.S. Equity Research ETF (TSPA) as two established strategies that can satisfy investor demand.”I think having that professionally managed portfolio is really beneficial to clients,” Coyne told CNBC’s “ETF Edge” this week. “We’re seeing just… greater volatility [and] uncertainty across both the equity and fixed income markets.”According to Coyne, the T. Rowe Price…
Critical minerals such as cobalt, nickel, copper and manganese can be found in potato-sized nodules at the bottom of the seafloor.Pallava Bagla | Corbis News | Getty ImagesU.S. President Donald Trump has signed a sweeping executive order to jump-start the controversial practice of deep-sea mining, seeking to offset China’s dominant position in critical mineral supply chains.The administration is seeking to fast-track the pursuit of strategically important minerals such as nickel, copper and rare earth elements from the seabed in U.S. and international waters.”The United States has a core national security and economic interest in maintaining leadership in deep sea science…
Thanks to elevated mortgage rates and a housing shortage, homebuying is more expensive than ever.In fact, you’d need to earn six figures to afford a median-priced home in all but 15 states, according to a new report from real estate platform Realtor.com. The site’s affordability analysis also revealed that, in nearly half the country, an average four-person household doesn’t bring home enough to afford monthly mortgage payments on a median-priced three-bedroom house.Realtor.com based its figures using a 6.65% mortgage rate on a 30-year fixed loan with a 10% down payment. Analysts factored in property taxes and homeowners’ insurance and assumed…
The doors opened to St. Peter’s Basilica at 5:40 a.m. on Friday, and people immediately began to trickle in to pay their last respects to Pope Francis, whose body lay in a simple wood coffin beneath the vast dome designed by Michelangelo. A couple of hours later, the trickle was a river, as thousands moved through the basilica on the last day they could say goodbye to the pontiff.Francis’ funeral is set for Saturday. Afterward he will be buried across town in the Basilica of Santa Maria Maggiore, a place dear to his heart.St. Peter’s has been open nearly round-the-clock…
Perplexity AI is getting in on the smartphone game.The startup on Thursday announced a partnership to bring its artificial intelligence search engine technology directly into Motorola smartphones. As part of the integration, Perplexity’s AI capabilities will be included in Motorola’s suite of “Moto AI” features. That makes the Razr-maker the first smartphone brand to integrate Perplexity directly into a device. Motorola is also partnering with Microsoft Copilot, Google’s Gemini and Meta for certain queries.”‘Search shouldn’t be about endless links and ads — it should give the user directly what they want, and we think the best way to do that is…
A Pony.ai autonomous car.Pony.aiChinese start-up Pony.ai said Friday it will develop autonomous driving technology in partnership with Tencent Cloud and deploy robotaxi services on tech giant Tencent’s WeChat and other applications.The Nasdaq-listed company which specializes in autonomous vehicle technology, particularly robotaxis and robotrucks, said in a press release that the deal will include cooperation in areas such as cloud services, map data, information security and intelligent cockpit ecosystems.The arrangement will also see the two companies integrate Pony.ai’s robotaxi ride-hailing services within Tencent’s popular WeChat app as well as other applications like Tencent Maps. Both companies had been in talks “for quite…
