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Why Microsoft’s earnings are all about ‘surviving and advancing’
Thu, 25 Apr 2024 13:09:00 GMT

Big AI gains could be ahead for Microsoft, but Thursday afternoon’s earnings may illustrate a more gradual ramp.
U.S. trade deficit in goods widens in March to highest level in almost a year
Thu, 25 Apr 2024 13:08:00 GMT

The U.S. trade deficit in goods widened 1.7% to $91.8 billion in March, according to the Commerce Department’s advanced estimate released Thursday.
As ketamine therapy booms, industry insiders worry about patient safety
Thu, 25 Apr 2024 13:07:00 GMT

Ketamine has become a popular alternative treatment for depression and other mental-health ailments — but doctors and regulators are increasingly concerned about its risks.
Trump’s immunity case goes to the Supreme Court today. Here’s why it matters.
Thu, 25 Apr 2024 12:58:00 GMT

The Supreme Court will hear arguments Thursday by Trump lawyers that the former president is constitutionally immune from prosecution on criminal charges that he conspired to overturn the results of the 2020 election.
Monster Beverage cut to sell because it’s ‘no longer…a high growth story’
Thu, 25 Apr 2024 12:55:00 GMT

Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recovery
U.S. weekly jobless claims drop to lowest level since mid-February
Thu, 25 Apr 2024 12:54:00 GMT

Initial jobless claims fell by 5,000 to 207,000 in the week ended April 20, the Labor Department said Thursday.
Hertz to sell 10,000 more EVs than planned and swings to a large loss
Thu, 25 Apr 2024 12:48:00 GMT

Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.
Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
Thu, 25 Apr 2024 12:44:00 GMT

The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.
Deutsche Bank expects fewer U.S. commercial real estate provisions in second half
Thu, 25 Apr 2024 12:37:00 GMT

Deutsche Bank, one of the banks most exposed to U.S. commercial real estate, reported elevated levels of credit-loss provisions for a second straight quarter but said they will start to gradually decline.
Oil prices hold steady as traders weigh U.S. demand concerns
Thu, 25 Apr 2024 12:26:00 GMT

Oil prices remained unchanged on Thursday early morning, with Brent crude near $87 per barrel after settling lower the previous day as U.S. data showed a drop in weekly demand for gasoline.