VIEWEDNOW PLAYINGGLOBALMicrosoft earnings get boost from AI and cloud demandMicrosoft Corp.'s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker's cloud and artificial intelligence offerings. Revenue in the third quarter rose by 17%, EPS came in at $2.94.BloombergVIEWEDNOW PLAYINGGLOBALWhat happens to content creators if TikTok is sold?Bloomberg Intelligence says if TikTok is banned in the U.S., many of the platform's content creators could jump ship. The report says YouTube, Instagram and Snap would gain many more viewers.BloombergVIEWEDNOW PLAYINGGLOBALMusk's Robotaxi dream causing Tesla chaosIt has been a tough year at Tesla, with its stock sliding more than 40% amid slumping sales, confusing product decisions and more price cuts. And now, Musk has ordered up the company's biggest layoffs ever and staked its future on a next...BloombergVIEWEDNOW PLAYINGTesla recalls almost 3,900 CybertrucksTesla recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.BloombergVIEWEDNOW PLAYINGGLOBALGoogle fires 28 workers protesting Israeli contractGoogle has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon to provide the Israeli government and military with AI and cloud services.BloombergVIEWEDNOW PLAYINGGLOBALMicrosoft to avoid formal E.U. probe of OpenAI dealMicrosoft is set to avoid a formal investigation by European Union merger watchdogs into its $13 billion investment into OpenAI.BloombergVIEWEDNOW PLAYINGGLOBALMicrosoft invests $1.5B in UAE's G42 in pivot from ChinaMicrosoft will invest $1.5 billion in the United Arab Emirates' top artificial intelligence firm, G42, after the Abu Dhabi-based company worked out an unusual deal with the U.S. government to end any cooperation with China.BloombergVIEWEDNOW PLAYINGU.S. retail sales surge as consumer demand persistsU.S. retail sales topped forecasts in March, showcasing resilient consumer demand and suggesting plenty of momentum in consumer spending heading into the second quarter.BloombergVIEWEDNOW PLAYINGBREAKINGGLOBALMusk's Tesla to cut workforce as two key executives leaveTwo of Tesla Inc.'s top executives have left the carmaker in the midst of its latest round of job cuts, according to people familiar with the matter. Tesla will cut over 10% of its workforce, translating to about 14,000 staff globally.BloombergVIEWEDNOW PLAYINGGLOBALApple to overhaul Mac line with AI-focused chipsApple is preparing to overhaul its entire Mac line with a new family of in-house processors designed to highlight artificial intelligence.BloombergVIEWEDNOW PLAYINGGLOBALChina media slams U.S.-Japan-Philippines alliance ahead of summitTensions in the South China Sea are expected to take center stage when leaders of the United States, Japan and the Philippines meet in Washington. Ahead of that meeting, the Chinese state-run Global Times published several pieces critici...BloombergVIEWEDNOW PLAYINGGLOBALGoogle unveils new AI offeringsGoogle has unveiled a host of updates to its artificial intelligence offerings for cloud computing customers, emphasizing that the technology is safe and ready for use in the corporate realm.BloombergVIEWEDNOW PLAYINGGLOBALBoeing first-quarter jet deliveries lowest since mid-2021Boeing delivered 83 aircraft in the first quarter, the lowest since mid-2021, with the majority being 737 Max jets.BloombergVIEWEDNOW PLAYINGGLOBALBehind Hertz's doomed bet to electrify its fleetTwo finance veterans who bought the bankrupt car rental company Hertz went all-in on providing a fleet of electric vehicles. They had a plan to swap Hertz's gas-powered rental-cars for electric vehicles, which included an unprecedented o...BloombergVIEWEDNOW PLAYINGU.S. weekly jobless claims rise at the end of MarchInitial applications for U.S. unemployment benefits unexpectedly rose last week to the highest level since January at 221,000 claims. What this means for the economy overall is yet to be seen.BloombergVIEWEDNOW PLAYINGGLOBALSpotify to raise prices, launch new music, book plansSpotify plans to raise the price of its popular audio service in several key markets for the second time in a year, a crucial step toward reaching long-term profitability.BloombergVIEWEDNOW PLAYINGGLOBALOil rises to five-month high as OPEC decision loomsAmrita Sen, founder and director of research at Energy Aspects, examines global oil demand, inventories, and the factors driving the current rise in prices.BloombergVIEWEDNOW PLAYINGGLOBALTesla sales suffer first year-over-year drop since 2020Tesla reported 386,810 deliveries for the first three months of 2024, falling well short of the average analyst estimate for 449,080 vehicles.BloombergVIEWEDNOW PLAYINGGLOBALPresidents Biden, Xi speak by phoneU.S. President Joe Biden and Chinese leader Xi Jinping spoke by telephone on Tuesday in their first one-on-one communication since meeting in California last November.BloombergVIEWEDNOW PLAYINGGLOBALWhat message does SBF sentencing send to others?FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers. A federal judge also ordered him to forfeit more than $11 billion. So, what kind of message does this send to others ac...BloombergVIEWEDNOW PLAYINGGLOBALHome Depot buying pro supplier SRS Distribution for $18 billionHome Depot Inc. said it would buy building-products distributor SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company's professional services business.BloombergVIEWEDNOW PLAYINGGLOBALSam Bankman-Fried sentenced to 25 years in prisonFTX co-founder Sam Bankman-Fried has sentenced to 25 years in prison for stealing billions of dollars from customers. U.S. District Judge Lewis A. Kaplan delivered the sentence in federal court in Manhattan moments after Bankman-Fried sa...BloombergVIEWEDNOW PLAYINGGLOBALArt Basel returns to Hong Kong in 2024The five-day fair in Hong Kong will see 242 international galleries exhibiting and potential buyers visiting from across the world. In 2022, Chinese buyers accounted for 17% of global art sales, but can they keep the momentum amid the ec...BloombergVIEWEDNOW PLAYINGGLOBALMusk's Starlink terminals are winding up in the wrong handsFresh accusations from Ukraine that Russian forces are using satellite internet terminals made by Elon Musk's Starlink service has again thrusted the billionaire into the center of the war. Starlink terminals are also popping up in Iran,...BloombergVIEWEDNOW PLAYINGGLOBALXi meets with U.S. CEOs in BeijingChina's President Xi Jinping has met with a group of American business executives in Beijing. Participants to the meeting included Blackstone's Stephen Schwarzman and Qualcomm's Cristiano Amon. China appears to be ramping up outreach to ...BloombergVIEWEDNOW PLAYINGMcDonald's to start selling Krispy Kreme doughnutsKrispy Kreme shares soared the most since July 2021 after McDonald's agreed to bring the chain's doughnuts to restaurants across the U.S. Krispy Kreme's doughnuts will first become available at some McDonald's later this year and a natio...BloombergVIEWEDNOW PLAYINGTrump's Truth Social stock surges on first day of tradingFormer President Donald Trump's social media startup went public and is trading under the ticker DJT. Shares of Trump Media & Technology Group Corporation jumped as much as 58% before paring gains and triggering a brief volatility-relate...BloombergVIEWEDNOW PLAYINGSteve Wozniak says Apple is a monopoly to its usersApple co-founder Steve Wozniak says the way Apple operates as a company makes them a "good guy," he agreed that Apple does appear to be a monopoly, but whether or not that can be proved in court against the company is yet to be seen.BloombergVIEWEDNOW PLAYINGFedEx stock surges after company announces $5 billion buybackFedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts help boost profits, a move that has sent the courier's stock soaring.BloombergVIEWEDNOW PLAYINGGLOBALBanks watch Reddit IPO with eye on underwriting reboundReddit Inc. is only the fourth-largest U.S. initial public offering this year, but it's in focus for Wall Street banks hoping that the doldrums are over for the IPO market -- and their underwriting fees.Bloomberg
VIEWEDNOW PLAYINGGLOBALMicrosoft earnings get boost from AI and cloud demandMicrosoft Corp.'s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker's cloud and artificial intelligence offerings. Revenue in the third quarter rose by 17%, EPS came in at $2.94.Bloomberg
VIEWEDNOW PLAYINGGLOBALWhat happens to content creators if TikTok is sold?Bloomberg Intelligence says if TikTok is banned in the U.S., many of the platform's content creators could jump ship. The report says YouTube, Instagram and Snap would gain many more viewers.Bloomberg
VIEWEDNOW PLAYINGGLOBALMusk's Robotaxi dream causing Tesla chaosIt has been a tough year at Tesla, with its stock sliding more than 40% amid slumping sales, confusing product decisions and more price cuts. And now, Musk has ordered up the company's biggest layoffs ever and staked its future on a next...Bloomberg
VIEWEDNOW PLAYINGTesla recalls almost 3,900 CybertrucksTesla recalled 3,878 Cybertruck pickups to rework or replace accelerator pedals that can dislodge and cause the vehicle to unintentionally accelerate, increasing risk of a crash.Bloomberg
VIEWEDNOW PLAYINGGLOBALGoogle fires 28 workers protesting Israeli contractGoogle has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon to provide the Israeli government and military with AI and cloud services.Bloomberg
VIEWEDNOW PLAYINGGLOBALMicrosoft to avoid formal E.U. probe of OpenAI dealMicrosoft is set to avoid a formal investigation by European Union merger watchdogs into its $13 billion investment into OpenAI.Bloomberg
VIEWEDNOW PLAYINGGLOBALMicrosoft invests $1.5B in UAE's G42 in pivot from ChinaMicrosoft will invest $1.5 billion in the United Arab Emirates' top artificial intelligence firm, G42, after the Abu Dhabi-based company worked out an unusual deal with the U.S. government to end any cooperation with China.Bloomberg
VIEWEDNOW PLAYINGU.S. retail sales surge as consumer demand persistsU.S. retail sales topped forecasts in March, showcasing resilient consumer demand and suggesting plenty of momentum in consumer spending heading into the second quarter.Bloomberg
VIEWEDNOW PLAYINGBREAKINGGLOBALMusk's Tesla to cut workforce as two key executives leaveTwo of Tesla Inc.'s top executives have left the carmaker in the midst of its latest round of job cuts, according to people familiar with the matter. Tesla will cut over 10% of its workforce, translating to about 14,000 staff globally.Bloomberg
VIEWEDNOW PLAYINGGLOBALApple to overhaul Mac line with AI-focused chipsApple is preparing to overhaul its entire Mac line with a new family of in-house processors designed to highlight artificial intelligence.Bloomberg
VIEWEDNOW PLAYINGGLOBALChina media slams U.S.-Japan-Philippines alliance ahead of summitTensions in the South China Sea are expected to take center stage when leaders of the United States, Japan and the Philippines meet in Washington. Ahead of that meeting, the Chinese state-run Global Times published several pieces critici...Bloomberg
VIEWEDNOW PLAYINGGLOBALGoogle unveils new AI offeringsGoogle has unveiled a host of updates to its artificial intelligence offerings for cloud computing customers, emphasizing that the technology is safe and ready for use in the corporate realm.Bloomberg
VIEWEDNOW PLAYINGGLOBALBoeing first-quarter jet deliveries lowest since mid-2021Boeing delivered 83 aircraft in the first quarter, the lowest since mid-2021, with the majority being 737 Max jets.Bloomberg
VIEWEDNOW PLAYINGGLOBALBehind Hertz's doomed bet to electrify its fleetTwo finance veterans who bought the bankrupt car rental company Hertz went all-in on providing a fleet of electric vehicles. They had a plan to swap Hertz's gas-powered rental-cars for electric vehicles, which included an unprecedented o...Bloomberg
VIEWEDNOW PLAYINGU.S. weekly jobless claims rise at the end of MarchInitial applications for U.S. unemployment benefits unexpectedly rose last week to the highest level since January at 221,000 claims. What this means for the economy overall is yet to be seen.Bloomberg
VIEWEDNOW PLAYINGGLOBALSpotify to raise prices, launch new music, book plansSpotify plans to raise the price of its popular audio service in several key markets for the second time in a year, a crucial step toward reaching long-term profitability.Bloomberg
VIEWEDNOW PLAYINGGLOBALOil rises to five-month high as OPEC decision loomsAmrita Sen, founder and director of research at Energy Aspects, examines global oil demand, inventories, and the factors driving the current rise in prices.Bloomberg
VIEWEDNOW PLAYINGGLOBALTesla sales suffer first year-over-year drop since 2020Tesla reported 386,810 deliveries for the first three months of 2024, falling well short of the average analyst estimate for 449,080 vehicles.Bloomberg
VIEWEDNOW PLAYINGGLOBALPresidents Biden, Xi speak by phoneU.S. President Joe Biden and Chinese leader Xi Jinping spoke by telephone on Tuesday in their first one-on-one communication since meeting in California last November.Bloomberg
VIEWEDNOW PLAYINGGLOBALWhat message does SBF sentencing send to others?FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers. A federal judge also ordered him to forfeit more than $11 billion. So, what kind of message does this send to others ac...Bloomberg
VIEWEDNOW PLAYINGGLOBALHome Depot buying pro supplier SRS Distribution for $18 billionHome Depot Inc. said it would buy building-products distributor SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company's professional services business.Bloomberg
VIEWEDNOW PLAYINGGLOBALSam Bankman-Fried sentenced to 25 years in prisonFTX co-founder Sam Bankman-Fried has sentenced to 25 years in prison for stealing billions of dollars from customers. U.S. District Judge Lewis A. Kaplan delivered the sentence in federal court in Manhattan moments after Bankman-Fried sa...Bloomberg
VIEWEDNOW PLAYINGGLOBALArt Basel returns to Hong Kong in 2024The five-day fair in Hong Kong will see 242 international galleries exhibiting and potential buyers visiting from across the world. In 2022, Chinese buyers accounted for 17% of global art sales, but can they keep the momentum amid the ec...Bloomberg
VIEWEDNOW PLAYINGGLOBALMusk's Starlink terminals are winding up in the wrong handsFresh accusations from Ukraine that Russian forces are using satellite internet terminals made by Elon Musk's Starlink service has again thrusted the billionaire into the center of the war. Starlink terminals are also popping up in Iran,...Bloomberg
VIEWEDNOW PLAYINGGLOBALXi meets with U.S. CEOs in BeijingChina's President Xi Jinping has met with a group of American business executives in Beijing. Participants to the meeting included Blackstone's Stephen Schwarzman and Qualcomm's Cristiano Amon. China appears to be ramping up outreach to ...Bloomberg
VIEWEDNOW PLAYINGMcDonald's to start selling Krispy Kreme doughnutsKrispy Kreme shares soared the most since July 2021 after McDonald's agreed to bring the chain's doughnuts to restaurants across the U.S. Krispy Kreme's doughnuts will first become available at some McDonald's later this year and a natio...Bloomberg
VIEWEDNOW PLAYINGTrump's Truth Social stock surges on first day of tradingFormer President Donald Trump's social media startup went public and is trading under the ticker DJT. Shares of Trump Media & Technology Group Corporation jumped as much as 58% before paring gains and triggering a brief volatility-relate...Bloomberg
VIEWEDNOW PLAYINGSteve Wozniak says Apple is a monopoly to its usersApple co-founder Steve Wozniak says the way Apple operates as a company makes them a "good guy," he agreed that Apple does appear to be a monopoly, but whether or not that can be proved in court against the company is yet to be seen.Bloomberg
VIEWEDNOW PLAYINGFedEx stock surges after company announces $5 billion buybackFedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts help boost profits, a move that has sent the courier's stock soaring.Bloomberg
VIEWEDNOW PLAYINGGLOBALBanks watch Reddit IPO with eye on underwriting reboundReddit Inc. is only the fourth-largest U.S. initial public offering this year, but it's in focus for Wall Street banks hoping that the doldrums are over for the IPO market -- and their underwriting fees.Bloomberg
