This photo illustration created in Washington, DC, on July 6, 2023, shows the logo for Threads, an Instagram app, reflected in its opening page. Stefani Reynolds | AFP | Getty ImagesMeta has opened up its Threads microblogging service to all advertisers.The social networking giant said Wednesday in a blog post that all “eligible advertisers globally” will be able to run ads on Threads, marking an expansion from the company’s initial testing with a few U.S. and Japanese companies, which began in January.Businesses running Threads ads can also access Meta’s so-called inventory filter that determines whether their promotions appear near offensive content,…
Author: usaeverydaylife
Scott Bessent, US treasury secretary, at the IIF Global Outlook Forum during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Wednesday, April 23, 2025. Kent Nishimura | Bloomberg | Getty ImagesTreasury Secretary Scott Bessent on Wednesday said that “there is an opportunity for a big deal here” on trade issues between the United States and China.”If they want to rebalance, let’s do it together,” Bessent said during an appearance at the Institute of International Trade and Finance in Washington, D.C.”This is an incredible opportunity. I think if Bridgewater founder Ray Dalio were to…
Elon Musk steps off Air Force One upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. US President Donald Trump will be spending the weekend at Trump National Golf Club in Bedminster, New Jersey. Brendan Smialowski | Afp | Getty ImagesElon Musk tried to rally Tesla bulls Tuesday, brushing off a weak first-quarter earnings report and touting a future of “sustainable abundance.”Tesla missed expectations on the top and bottom lines and reported a 71% plunge in net income from the year prior.His comments came as the electric vehicle faces a turbulent year, with shares down…
Morgan Stanley expects a rally ahead for Duolingo shares. Analyst Nathan Feather opened research coverage of the digital language learning platform with an investment rating of overweight. Feather’s $435 price target suggests 29% upside from Tuesday’s close and is a new high on Wall Street, according to LSEG. “Duolingo has the rare combination of rapid user growth, strong and expanding margins, and clear Gen AI upside,” Feather wrote to clients in a note on Wednesday, adding that the company is a “best-in-class consumer internet asset.” With his call, Feather joined the majority on Wall Street with buy-equivalent ratings, according to…
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Treasury Secretary Scott Bessent is delivering the keynote address to the Institute of International Finance in Washington, D.C., on Wednesday.After his speech, Bessent is set to sit for a talk with IIF CEO Tim Adams, who previously served as under secretary of international affairs for the Treasury Department.Bessent’s speech comes as the Trump administration is reportedly weighing cutting steep tariffs on China as part of trade negotiations.”China needs to change,” Bessent said. “The country knows it…
China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war that’s seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods.Bloomberg | Bloomberg | Getty ImagesBoeing could hand over some of its aircraft that were destined for Chinese airlines to other carriers after China stopped taking deliveries of its planes amid a trade war with the United States.”They have in fact stopped taking delivery of aircraft due to the tariff environment,” Boeing CEO Kelly Ortberg told CNBC’s “Squawk on the Street” on Wednesday.Ortberg…
Check out the companies making headlines before the bell. Boeing – The aerospace stock rose more than 5% after the company reported a narrower loss for the first quarter . Boeing said it had a net loss of $31 million in the first quarter, improving on the $355 million loss in the same period last year. Excluding items, the loss of 49 cents per share was better than the $1.18 loss expected by analysts, according to FactSet. CEO Kelly Ortberg said the company will ask the Federal Aviation Administration to approve increased production of 737 Max jets. Tesla – The…
Bernstein sees the recent pullback in Cava shares as overdone. Analyst Danilo Gargiulo upgraded shares of the fast-casual restaurant chain to outperform from market perform. Gargiulo’s $115 price target implies 41.5% upside over Tuesday’s closing level. “We believe the market is overly discounting near-term risks while under-valuing the long-term growth story,” Gargiulo said in a Wednesday note to clients. Cava’s stock popped more than 4% in Wednesday premarket trading following the upgrade. But shares of the company, which went public in 2023 , have plunged around 28% this year. Gargiulo said the stock could be in for more near-term volatility…
10’000 Hours | Digitalvision | Getty ImagesCable companies are increasingly calling on mobile for their next big opportunity.The cable industry’s foray into wireless has long been considered a retention tool for the behemoth broadband business. Less than a decade after cable giants like Comcast and Charter Communications jumped into the mobile business, the segment has become a significant financial driver — and a priority when it comes to growth.”It’s not only a play for additional broadband customers, it’s a product that kind of generates financial returns in and of itself, and where we continue to grow really dramatically,” said Charter…
Nurphoto | Nurphoto | Getty ImagesTwenty years ago today when Jawed Karim uploaded a grainy 19-second clip titled “Me at the Zoo” to his new platform, YouTube, he ushered in a new era in online video.The video of Karim visiting the San Diego Zoo was the first to appear on YouTube, the video platform founded by him, Steve Chen and Chad Hurley. The trio sold the service to Google in 2006 for $1.65 billion, and in the nearly two decades since, YouTube has evolved from a simple video-sharing site into a global media juggernaut. If it was a stand-alone business, YouTube…
