Meta - Meta Reports First Quarter 2024 Results - Investor Relations

Investor Relations

None

Stock market today: Live updates - CNBC

Brian Evans, Alex Harring

Stocks wavered Wednesday as interest rate fears dampened the enthusiasm stemming from a strong slate of corporate earnings.

IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss - CNBC

Jordan Novet

IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.

TikTok will stop paying people to watch videos every day - The Verge

Allison Johnson

TikTok Lite launched in two European countries earlier this month, but now it’s putting the brakes on a controversial feature that rewards user engagement.

The FCC is set to bring back net neutrality - The Verge

Lauren Feiner

The Federal Communications Commission will vote to restore net neutrality rules, which will reclassify internet service providers (ISP) under Title II of the Communications Act.

Trump Media CEO urges House GOP leaders to address 'potential manipulation' of DJT stock - Yahoo Finance

Alexandra Canal

The company recently attempted to fend off short sellers by advising investors on ways to prevent their shares from being loaned for short-interest positions...

Various ground beef products may be contaminated with E. coli, health agency warns - Fox Business

Aislinn Murphy

The potentially contaminated products were produced by the Greater Omaha Packing Co., and include both patties and tubes of raw ground beef, according to the FSIS public health alert.

Boeing Earnings: Aircraft Maker Reports $355 Million Loss, Slows 737 Max Production - The Wall Street Journal

The Wall Street Journal

None

Biden issues new rule to crack down on bad retirement advice - Fox Business

Megan Henney

The Labor Department on Tuesday finalized a rule that aims to crack down on retirement advice given by financial advisers, brokers and insurance agents.

Tesla's growth plan may be adding 'too much hope': YouTuber - Yahoo Finance

Brad Smith

Tesla (TSLA) stock is running up as 12% in Wednesday's market session even though the EV maker reported a first-quarter earnings miss on its top and bottom...

Airlines face new rules over refunds and upfront pricing - The Points Guy

Sean Cudahy

Airlines will have to automatically issue refunds when a passenger is eligible under new rules unveiled by the Biden administration. They'll also have to display bag and seat prices upfront.

Mortgage demand falls again as interest rates soar past 7% - Fox Business

Megan Henney

A key measure of home-purchase application fell for the third straight week as mortgage interest rates marched to the highest level since November 2023.

Stock market today: Tesla surges after earnings but indexes slide as yields rise - Yahoo Finance

Karen Friar

Tesla's surge is putting Big Tech earnings center stage as investors look to megacaps to lift stocks.

Ford tops first-quarter earnings estimates as commercial unit offsets EV losses - CNBC

Michael Wayland

Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.

Volkswagen unveils new Porsche-like electric SUV design, but you can't have it - Electrek.co

Peter Johnson

The Volkswagen ID. Code previews a new electric SUV aimed at younger buyers, but it won’t be available in the...

Nvidia acquires AI workload management startup Run:ai for $700M, sources say - TechCrunch

Kyle Wiggers and Ingrid Lunden

Nvidia has acquired Run:ai, the AI workload management startup, for an undisclosed sum.

US solar manufacturers target China-linked imports in new plea to Biden - POLITICO

POLITICO

None

UPMC announces layoffs across non-clinical and non-member-facing roles - CBS Pittsburgh

Patrick Damp

The healthcare giant cited post-pandemic challenges as the reason for the layoffs.

Musk Says You 'Should Not Be An Investor In The Company' If You Don't Believe Tesla Will 'Solve Autonomy' - Jalopnik

Collin Woodard

Either invest in his AI and robotics dreams, or get out.

Collapse of wind farm projects spoils New York's climate goals. Here's why. - POLITICO

POLITICO

None