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Alphabet shares fall more than 7% on revenue miss, AI investment boost

Posted on: February 5, 2025

Alphabet shares dropped more than 7% premarket Wednesday after the search giant fell short of Wall Street’s fourth-quarter revenue expectations and announced big spending plans for its ongoing […]

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Disney Reports Earnings Before the Bell: Focus on Streaming and CEO Succession

Posted on: February 5, 2025

Disney will report its fiscal first-quarter earnings before the bell on Wednesday. Wall Street expects earnings per share of $1.45 and revenue of $24.62 billion. Investors will focus […]

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Alphabet Earnings Fall Short of Expectations as Google Cloud Sales Disappoint

Posted on: February 5, 2025

Alphabet’s earnings fell short of expectations as Google Cloud sales disappointed, causing shares to drop as much as 9%. The company’s revenue missed forecasts, and soaring AI investments […]

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USPS Halts Incoming Packages from China as Beijing Criticizes ‘Politicization’ of Chinese Companies

Posted on: February 5, 2025

President Donald Trump’s sweeping tariffs on imports from China went into effect after midnight on Tuesday, triggering retaliatory levies by Beijing. The U.S. Postal Service has suspended shipments […]

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Inflation, egg and cheese: Bird flu hits NYC’s staple bodega sandwich

Posted on: February 5, 2025February 5, 2025

A bacon, egg, and cheese? In this economy? New York City bodegas and delis are struggling to keep the city’s signature morning sandwich affordable as egg prices soar […]

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Here’s what to expect when Disney reports earnings before the bell

Posted on: February 5, 2025

Disney will report its fiscal first-quarter earnings before the bell on Wednesday, and Wall Street will be paying close attention to the state of its streaming and theme […]

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U.S. Postal Service Halts Parcel Service From China as Trump’s Trade Curbs Begin

Posted on: February 5, 2025

The U.S. Postal Service has halted parcel service from China and Hong Kong as Trump’s trade curbs begin. This suspension affects the acceptance of incoming parcels from these […]

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Egg problems driving up prices at Waffle House and others could persist

Posted on: February 5, 2025February 5, 2025

The record-high egg prices that recently drove Waffle House and other restaurants to start charging more for some dishes are not going away soon, economists say. This week, […]

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USPS temporarily suspends accepting packages from China and Hong Kong

Posted on: February 5, 2025

The United States Postal Service announced Tuesday night that it is temporarily suspending accepting packages sent from China and Hong Kong until further notice. The suspension is effective […]

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Snap Stock Jumps As Snapchat Parent’s Earnings, Sales Beat Expectations

Posted on: February 5, 2025

Snap (SNAP) posted a surprise profit and better-than-expected 14% increase in revenue for the fourth quarter, the Snapchat parent company said late Tuesday. Snap stock jumped, as investors […]

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