Middle East escalation could trigger energy shock that fuels inflation, World Bank warns

Middle East escalation could trigger energy shock that fuels inflation, World Bank warns

A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023.  Fatemeh Bahrami | Anadolu | Getty Images The outbreak of a major conflict in the Middle East could […]

Microsoft earnings are coming up. Here’s what traders are looking for in the report

Microsoft earnings are coming up. Here’s what traders are looking for in the report

Microsoft will put its reputation as one of the key stocks in the market rally and in the AI race to the test with its latest quarterly report, due out after the bell on Thursday. Shares of the tech giant are holding on to a nearly 5% year to date, though they have slumped more […]

Slowing growth plus stubborn inflation add up to a headache for Fed officials

Slowing growth plus stubborn inflation add up to a headache for Fed officials

The slowing growth and stubborn inflation picture emerging in the U.S. economy may not be quite a nightmare scenario for the Federal Reserve, but it at least could make for some restless sleep. First-quarter results released Thursday showed the U.S. economy slugging along at a 1.6% annualized pace, the slowest in almost two years, and […]

Here’s where Meta shares could go from here after their post-earnings sell-off, according to the charts

Here’s where Meta shares could go from here after their post-earnings sell-off, according to the charts

Since February, Meta Platforms has been trending slightly higher on weaker price momentum. This week, the tech giant’s stock broke below its 50-day moving average, as it sold off with investors questioning Meta’s upside potential amid excessive spending on artificial intelligence. This backdrop provides an opportune time to review META’s declining momentum conditions. We’ll also […]

Airbus misses on operating profit, raises A350 output goal

Airbus misses on operating profit, raises A350 output goal

An Airbus A350-941 is undergoing a test flight at Toulouse Blagnac Airport in Toulouse, France, on December 8, 2023.  Urbanandsport/ | Nurphoto | Getty Images Airbus posted weaker than expected first-quarter operating profit and cashflow after hiring more staff to prepare for rising aircraft demand, but reaffirmed its financial goals for 2024 after a nervous […]

Alphabet set to report first-quarter results after market close

Alphabet set to report first-quarter results after market close

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Alphabet will report first-quarter earnings after the bell Thursday. Here is what analysts are expecting. Earnings per share: $1.51, according to LSEG. Revenue: $78.59 billion, according to LSEG. YouTube […]

Microsoft (MSFT) Q3 earnings 2024

Microsoft (MSFT) Q3 earnings 2024

Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will report financial results for its fiscal third quarter after the market close on Thursday. Here is what analysts are looking for, according to LSEG: Earnings per share: $2.82 expected Revenue: $60.80 billion […]

Student loan forgiveness consolidation deadline is days away

Student loan forgiveness consolidation deadline is days away

Woman doing bookkeeping at home. Guido Mieth | DigitalVision | Getty Images Borrowers hoping for student loan forgiveness have just a few more days to act before an April 30 deadline. Those who ahead of the deadline request a so-called loan consolidation — which will combine their federal student loans into one new loan — […]