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KINSHASA (Reuters) -Democratic Republic of Congo is pushing Apple Inc for more information about its supply chain over concerns it may be tainted with conflict minerals sourced from the country, international lawyers engaged by Congo said on Thursday. Congo, particularly its eastern region, has been plagued by violence since the 1990s, killing millions as struggles over national identity, ethnicity, and resources saw neighbouring countries invade and a myriad of armed groups spring up. Conflict has arisen over the control of illicit trade in tin and gold as well as in coltan and tantalum - widely used in cell phones and computers - all mined in Congo before being smuggled out through neighbouring Rwanda, Uganda and Burundi...
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U.S. stock index futures slipped on Thursday as shares of most megacap growth stocks took a beating after dour quarterly results from Meta Platforms, ahead of more economic data in the week that could influence the Federal Reserve's monetary policy. Meta plunged 14.1% in premarket trading after the Facebook-parent forecast higher expenses and lighter-than-expected revenue...
Continue ReadingMeta, IBM sink on earnings, American Airlines and Caterpillar report: Yahoo FinanceShares of Meta (META) are deep in the red this morning despite the company beating earnings expectations. Investors were spooked by the tech giant’s second-quarter outlook. IBM (IBM) shares are also falling this morning after reporting first-quarter revenue that missed expectations. Today we will hear from several top names, including American Airlines (AAL), Caterpillar (CAT), Merck (MRK), Royal Caribbean (RCL), Microsoft (MSFT), Alphabet (GOOGL, GOOG), Intel (INTC), and Roku (ROKU). Yahoo Finance trending tickers include Chipotle (CMG), ServiceNow (NOW), and Ford (F). Key guests include: 9:30 a.m. ET - Ryan Detrick, Carson Group Chief Market Strategist 9:45 a.m. ET - Jack Hartung, Chipotle CFO 10 a.m. ET - Roger McNamee, Elevation Partners Co-Founder 10:10 a.m ET - Glenn Kelman, Redfin CEO 11 a.m. ET - Glenn Kelman, Redfin CEO...
Continue Reading(Bloomberg) -- The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after Meta Platforms Inc. alarmed investors with its forecast. Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsMeta’s Miss Sparks Fears in Tech With More Earnings AheadTaylor Swift Is Proof T...
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Alphabet Tends to Reverse or Narrow Post-Market Earnings Moves in Follow-On Regular Session...
Continue ReadingThe clock has begun ticking for TikTok to find a new owner...
Continue ReadingMicrosoft Historically Favors Downside Trade in Wake of Earnings-Driven After-Hours Moves...
Continue ReadingSocial Buzz: Wallstreetbets Stocks Mostly Lower Pre-Bell Thursday; Meta, Microsoft, Snap Lead Declines...
Continue ReadingThis leading internet company has rewarded its long-term investors with strong returns...
Continue ReadingYou'll only find seven different stocks in this billionaire's portfolio, and only one of them is a "big tech" company...
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