Dow Jones futures saw a modest increase on Sunday night, along with S&P 500 futures and Nasdaq futures. Crude oil prices took a plunge following Israel’s “precise” airstrikes on Iran. Apple (AAPL), Microsoft (MSFT), Google-parent Alphabet (GOOGL), Amazon.com (AMZN), and Meta Platforms (META) are all set to report earnings this week, with significant implications for … Read more
The Washington Post’s recent announcement that it will not be endorsing a candidate for the 2024 presidential election has sparked controversy. Known for its liberal stance, the newspaper’s decision reflects the will of its billionaire owner, Jeff Bezos. Under the leadership of Will Lewis, who was brought in from the Rupert Murdoch news empire, the … Read more
Ever since Dr. Soon-Shiong vetoed the editorial board’s plan to endorse Kamala Harris for president, I have been struggling with my feelings about the implications of our silence. I told myself that presidential endorsements don’t really matter; that California was not ever going to vote for Trump; that no one would even notice; that we … Read more
The Dow Jones Industrial Average experienced a decline on Wednesday, with McDonald’s (MCD) facing challenges due to an E. coli outbreak. Boeing (BA) also saw a drop in its stock price, while Trump Media & Technology (DJT) managed to reclaim a key benchmark. Warren Buffett, the CEO of Berkshire Hathaway (BRKB), issued a cautionary message … Read more
Seagate Technology (STX) stock experienced a decline in late Tuesday trading, despite the company reporting fiscal first quarter earnings and sales that surpassed expectations. The data storage company’s guidance for current quarter revenue also aligned with analyst projections. Seagate announced that it had earned an adjusted $1.58 per share on sales of $2.17 billion for … Read more
Swedish truck maker AB Volvo reported a larger than expected decrease in third-quarter adjusted operating profit, citing continued normalization of demand in most of its markets. Adjusted operating profit for the quarter was 14.1 billion crowns, down from 19.3 billion in the same period last year and below the average analyst forecast of 15.6 billion. … Read more