Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025.Michael Nagle | Bloomberg | Getty ImagesAmazon's cloud business grew at a slower pace than expected in the first quarter, a third straight revenue miss.Revenue at Amazon Web Services increased 17% to $29.27 billion,...
Check out the companies making headlines in extended trading: Apple — The iPhone maker shed 2% after its closely watched Services division performed below expectations in the fiscal second quarter. Services revenue came in at $26.65 billion, lower than the $26.70 billion analysts surveyed by StreetAccount anticipated. Overall earnings...
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15% in extended trading.Here is how the company did, compared to analysts' consensus estimates from LSEG.Earnings per share: 56 cents, adjusted. That figure may not be comparable to estimates.Revenue: $5.77...
Steven Chechette (C) speaks with a recruiter at the KeySource booth at the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2025, in Sunrise, Florida.Joe Raedle | Getty ImagesClues on whether the U.S. economy is merely in a temporary tariff-induced funk or...
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...
The Technology Express proudly hosted the Web3 & Digital Assets Markets Awards 2025 on April 26 at Sofitel, The Palm, an evening dedicated to celebrating the pioneers, disruptors, and institutions shaping the future of blockchain, tokenization, and digital finance across the Middle East and beyond.Presented by Wasaya Investments, powered...
The highly anticipated FinanceWorld UAE Realty Awards 2025 unfolded in grand style at the luxurious Sofitel Dubai The Palm, setting a new benchmark for excellence, glamour, and celebration in the UAE’s dynamic real estate and finance sectors.Presented by Wasaya Investments and powered by iFund Factoring, driven by The Elite...
London, UK, 30th April 2025Led by Ascension with participation from Channel4Ventures, Velocity Capital and TwoMagnolias, Sprive proves early-stage consumer fintech can still attract investment.Sprive, the UK’s only independent mortgage overpayment app, has successfully closed a £5.5 million funding round led by Ascension, with participation from Channel4Ventures, the broadcaster’s consumer...
Industrial gas and engineering giant Linde on Thursday delivered a solid quarter in a tough economic environment, capitalizing on its ability to raise prices and drive productivity gains. Revenue for the first quarter ended March 31 was flat compared to the year-ago period, coming in at $8.11 billion, which...
Check out the companies making headlines in midday trading: Meta Platforms — Shares of the Facebook parent jumped about 4% after the company beat earnings expectations . Meta signaled ongoing advertising resilience and upped its capital expenditures range to reflect more data center infrastructure investments, even amid macroeconomic uncertainty....
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Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Check out the companies making headlines before the bell. Tesla — The electric vehicle maker rose nearly 1%, adding to previous gains on news that it will revamp its Model Y vehicle. Tesla plans to begin refreshing the model starting in the middle of next year from its Shanghai...
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services (HHS) building on October 06, 2022 in Washington, DC.Anna Moneymaker | Getty ImagesU.S. patients and drugmakers will get a first glimpse of how much Medicare can negotiate down drug prices...
Movie posters for "Barbie" and "Oppenheimer" are pictured outside the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, 2023.Hannah Beier | The Washington Post | Getty ImagesCall 2023 an explosive comeback at the box office.There were blonde bombshells, in "Barbie," actual bombs, in "Oppenheimer," and small-budget blockbusters...
