Yahoo Finance's Myles Udland highlights the latest news with Tesla and investor enthusiasm behind the company.
Microsoft reported better than anticipated Q3 earnings on Thursday, powered by growth in its cloud and AI products.
Gilead Sciences reported a first-quarter loss on Thursday after taking a $3.9 billion charge for its recent acquisition of liver drug developer CymaBay Therapeutics, while revenue rose 5% on higher HIV, oncology and liver disease treatment sales. For full-year 2024, Gilead said it still expects product sales of $27.1 billion to $27.5 billion, but lowered its earnings outlook to include the recent charge as well as incremental expenses related to the CymaBay deal. Wall Street analysts currently project Gilead's 2024 earnings at $3.94 a share on revenue of $27.5 billion, according to LSEG data.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.
(Reuters) -Alphabet announced its first-ever dividend of 20 cents per share on Thursday, returning capital when the Google parent is spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. Alphabet also said it had authorized the repurchase of up to an additional $70 billion of its Class A and Class C shares. It also beat Wall Street estimates for first-quarter revenue on Thursday, powered by rising demand for its cloud services on the back of increasing adoption of artificial intelligence and steady advertising spending.
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
The Arabic language spokesperson of the U.S. State Department has resigned, citing her opposition to Washington's policy related to the war in Gaza, in at least the third resignation from the department over the issue. Hala Rharrit was also the Dubai Regional Media Hub's deputy director and joined the State Department almost two decades ago as a political and human rights officer, the department's website showed. "I resigned April 2024 after 18 years of distinguished service in opposition to the United States' Gaza policy," she wrote on social media website LinkedIn.
Two US astronauts arrived Thursday at the Kennedy Space Center in Florida, ahead of their launch aboard the Boeing Starliner's first crewed mission next month. The space capsule finally managed to arrive at the ISS in May 2022 -- without a crew on board.
Mexico’s president said Thursday that the country’s violent criminal gangs and drug cartels are essentially “respectful people” who “respect the citizenry” and mostly just kill each other. The claims by President Andrés Manuel López Obrador are clearly at odds with the reality of millions of Mexicans who live in areas dominated by drug cartels. A reporter asked López Obrador whether drug cartels behaved well when he visited the township of Badiraguato, Sinaloa — the hometown of imprisoned drug lord Joaquín “El Chapo” Guzmán, which he has controversially visited as president about a half dozen times.
The death of a Missouri doctor who was found 11 months ago in a northwest Arkansas lake has been ruled a suicide, Arkansas authorities said Thursday. Dr. John Forsyth died of a gunshot wound to the head, the Benton County, Arkansas, sheriff's department said in a statement. An autopsy by the chief medical examiner at the Arkansas State Crime Lab concluded that it was a suicide.
A person in Texas tested positive for avian influenza (H5N1), aka bird flu, amid an outbreak among dairy cows. What to know about transmission and symptoms.
AstraZeneca CEO Pascal Soriot joined Yahoo Finance to discuss the company's earnings today.
Chipotle is seeing all income cohorts spend more and visit more frequently.
Women aged 30 to 34 had the highest birth rate of any age group in 2023, a spot previously held by younger women, researchers said.
A state senator in Minnesota has been charged with first-degree felony burglary on suspicion of breaking into her stepmother’s house Monday to retrieve sentimental items related to her late father, including his ashes, according to a probable cause statement obtained by CNN.
The federal government plans to restore grizzly bears to an area of northwest and north-central Washington, where they were largely wiped out. Plans announced this week by the National Park Service and U.S. Fish and Wildlife Service call for releasing three to seven bears a year for five to 10 years to achieve an initial population of 25. The aim is to eventually restore the population in the region to 200 bears within 60 to 100 years.
Misty Scanlan, 46, and Jeffery Scanlan,41, were taken into custody and each booked on one count of child abuse and neglect.
The US Supreme Court appeared skeptical on Thursday of Donald Trump's claim that a former president is "absolutely immune" from criminal prosecution but looked set to issue a ruling that could further delay his election subversion trial.A majority of the justices on the Supreme Court, which is expected to issue its ruling by the end of June, did not appear inclined to endorse Trump's claim that as a former president he enjoys blanket immunity from criminal prosecution.
The United States hopes its new deliveries of weaponry will help Ukraine rebuild defenses and refit its forces as it recovers from a gap in U.S. assistance, but it does not expect Kyiv to launch large-scale offensive operations against Russian forces in the near term, a U.S. defense official said on Thursday. The U.S. will on Friday host a virtual meeting of Ukraine international aid donors, days after Congress emerged from a half-year of deadlock to approve a $61 billion aid package for Ukraine. President Joe Biden's administration quickly announced $1 billion in artillery, air defenses and other hardware would soon be heading to Ukrainian front lines.
Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, President Joe Biden said on Thursday.Micron is set to invest up to $125 billion across both states over the next two decades "to build a leading-edge memory manufacturing ecosystem," according to the White House.
Special anti-terrorism measures being put in place to safeguard the unprecedented opening ceremony for the Paris Olympics on the River Seine will also apply to all buildings along the route, meaning people who work and live there and their guests will be subjected to background security checks, Paris police chief Laurent Nunez said Thursday. Athletes will be paraded through the heart of the French capital on 94 boats along a 6-kilometer (nearly 4-mile) stretch of the Seine, from east to west. Anyone who wants to enter the zone in the eight days before the ceremony and on July 26 itself will need to pre-register online and will “systematically” be subjected to the background security checks known in France as an “administrative investigation,” Nunez said.
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