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Apple Reported Record Revenues, Amazon's Stock Tumbled, And The Bank Of England Cut Interest Rates

Apple and Amazon both showed investors how they fared last quarter, but their adequate performances failed to earn them credit. After four years of i…

2 years, 2 months ago

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Meta Reported Stronger Than Expected Sales, And The Bank Of Japan Raised Its Benchmark Interest Rate

The Bank of Japan raised its benchmark interest rate to the highest point since 2008, and Meta reported stronger-than-expected sales for last quarter…

2 years, 2 months ago

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Microsoft’s Stock Fell After Disappointing Cloud Results, And Germany Lagged Behind Other Eurozone Economies

Microsoft’s shares fell late on Tuesday as investors focused on disappointing cloud results, while Germany lagged behind other eurozone economies.

Tod…

2 years, 2 months ago

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McDonald's Sales Fell For The First Time Since 2020, And Europe’s Wealthiest Man Bought A Stake In Richemont

McDonald's sales fell around much of the world, while Bernard Arnault bought a stake in Richemont.

Today’s stories:

Mcdonald’s Sales Fell For The First…

2 years, 2 months ago

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Bill Ackman Slashed His New Fund’s Target, And The Latest US Inflation Data Looks Promising

Finfluencer Bill Ackman slashed the target size for his brand-new  fund, while the latest look at inflation hinted that the US could achieve a soft l…

2 years, 2 months ago

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The US Economy Grew Faster Than Expected, And AI Jitters Sent Markets Into A Tailspin

Brought to you by our daily financial news show - subscribe here:  The Finimize Daily Brief (Spotify), The Finimize Daily Brief (Apple Podcasts).

US e…

2 years, 2 months ago

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European Firms Are Struggling With Slow Chinese Demand, And British Business Activity Is Looking Brighter

European firms are facing a dismal quarter as demand from China slows, while business activity in Britain showed it’s making a comeback.

Today’s stori…

2 years, 2 months ago

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Alphabet Beat Expectations, And Ether Spot ETFs Just Launched

Alphabet delivered an expectation-beating – yet slightly ho-hum – quarterly update, while ether spot ETFs started trading in the US.

Today’s stories:

A…

2 years, 2 months ago

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Warren Buffett Sold Bank Of America Stock, And Elliott Management Picked Up A Stake In Starbucks

Warren Buffett cashed in some Bank of America stock, while activist fund Elliott Management ordered up a serving of Starbucks.

Today’s stories:

Warren …

2 years, 2 months ago

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CrowdStrike Sparked A Massive Global Tech Outage, And OpenAI Buddied Up To Broadcom

A swing and the biggest of misses for CrowdStrike led to global IT chaos, while OpenAI cozied up to Broadcom for a fresh supply chain connection.

Toda…

2 years, 2 months ago

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