Traders Bryan Masseria, center, and Columb Lytle, right, works on the floor of the New York Stock Exchange, Monday, Aug. 18, 2025. (AP Photo/Richard Drew) NEW YORK — The US stock market set more records Friday after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for …
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Hershey tops estimates as GLP‑1 users drive demand for mints, healthier snacks
The company logo for Hershey Co. is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 4, 2019 (Reuters/Brendan McDermid) HERSHEY beat first-quarter (Q1) earnings estimates, helped by strong demand for its healthier snack brands such as LesserEvil popcorn and …
Read More »Meta raises $25 billion in bond sale after lifting AI spending plan
Meta AI investment Plan: Meta plans to issue bonds in as many as six tranches, with maturities ranging from 5 to 40 years. (Photo: Bloomberg) META Platforms sold investment-grade bonds worth $25 billion in six portions, according to a regulatory filing on Thursday, as the social media giant ramps up …
Read More »Australia’s Qantas extends schedule changes, cuts local capacity through September
The Qantas Airways Ltd. logo at the company’s headquarters in Sydney, Australia. Photo: Brent AUSTRALIA’S Qantas Airways extended its schedule adjustments across its international and domestic networks through September on Friday, citing Middle East tensions, elevated fuel costs and robust Europe travel demand. To offset higher costs, the airline had earlier raised …
Read More »Apple sales beat Wall St expectations
SAN FRANCISCO, California — Apple said on Thursday it had its best-ever start to the year when it came to earnings, with iPhone demand and digital service sales helping it beat Wall Street expectations. The pioneering Silicon Valley company reported profit of $29.6 billion on revenue of $111.2 billion in …
Read More »Google-parent Alphabet soars, big tech post similar results
Google-parent Alphabet saw its share price jump as investors lauded the company’s success in making the pivot to artificial intelligence (Timothy A. Clarry/AFP) SAN FRANCISCO, California — Google-parent Alphabet impressed Wall Street with its latest quarterly earnings on Wednesday, as big tech rival Meta left investors lukewarm amid concerns about the …
Read More »Samsung Electronics posts record quarterly profit on AI boom
Samsung Electronics reported record first-quarter operating profit of $38.4 billion (Jung Yeon-je/AFP) SEOUL — Samsung Electronics said on Thursday that operating profit soared 750 percent on year to a record high in the first quarter (Q1), thanks to strong sales of chips crucial for artificial intelligence (AI), and forecast continued healthy …
Read More »Ford raises profit outlook for 2026 despite nagging aluminum supply costs
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. October 20, 2025 (Reuters/Mike Blake//File Photo) DETROIT, Michigan — Ford Motor lifted its annual guidance on Wednesday by $500 million, aided by significant tariff refunds, but said it still faces rising materials costs as it works to …
Read More »Visa beats quarterly profit estimates on resilient consumer spending
Credit card is seen in front of displayed Visa logo in this illustration (Reuters) VISA beat estimates for Wall Street profit on Tuesday as the world’s largest payment processor benefited from a steady rise in payment volumes despite ongoing macroeconomic uncertainty, sending its shares up over 6 percent in extended …
Read More »Amazon touts a ‘major expansion’ with OpenAI as Microsoft ties loosen
SAN FRANCISCO, California — Amazon announced what it called a “major expansion” of its partnership with ChatGPT maker OpenAI on Tuesday, a day after the artificial intelligence (AI) company said it was loosening its ties to longtime backer Microsoft. OpenAI CEO Sam Altman said the collaboration with Amazon’s cloud computing division, …
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