Latest news with #WSJ
Wall Street Journal
a day ago
- Business
- Wall Street Journal
WSJ Reporter on the Senate's Race to Pass Trump's 'Big, Beautiful' Bill
WSJ Reporter on the Senate's Race to Pass Trump's 'Big, Beautiful' Bill Senate Republicans are attempting to work through disagreements and pass President Trump's 'one big, beautiful bill' ahead of their July 4 deadline. WSJ's Richard Rubin explains where the tax-and-spending bill stands. Photo:
Yahoo
a day ago
- Business
- Yahoo
Shell denies deal talks with BP, Micron reports Q3 beat: Morning Buzz
The major averages were higher near noon, with the S&P 500 continuing its path towards all-time highs reached earlier this year. Meanwhile, the U.S. dollar is under pressure amid the worst first-half performance in 50 years, falling to its lowest since early 2022 amid speculation that President Trump may replace Fed Chair Powell before his term ends and markets pricing in over 60 basis points of rate cuts by year-end. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Looking to commodities, the price of gold was fractionally lower, continuing a volatile month for the typically 'safe-haven' asset. Oil prices are more than 2% higher as the commodity claws back from recent declines amid hostilities in the Middle East. Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: Shell (SHEL) said it has(BP) Micron (MU) reported better-than-expected Q3 results and provided an upbeat outlook for Q4 Walgreens Boots Alliance (WBA) reported upbeat Q3 earnings and revenue Incyte (INCY) named Bill Meury to succeed Herve Hoppenot as CEO, with RBC saying the new CEO fuels M&A speculation Apple (AAPL) is considering starting its own theatrical distribution unit amid its major bet on Brad Pitt film 'F1,' WSJ reports 2. WALL STREET CALLS: BMO Capital (TTD) downgraded to Equal Weight, here's why Citizens JMP upgraded Penn Entertainment (PENN) to Outperform while downgrading MGM Resorts (MGM) to Market Perform RBC Capital upgraded General Mills (GIS) to Outperform from Sector Perform BofA reinstated coverage of Unity (U) with an Underperform rating 3. AROUND THE WEB: Unionized refinery workers at Nexa's (NEXA) Cajamarquilla Zinc Refinery in Lurigancho, Peru have announced a strike after unsuccessful wage adjustment negotiations, Gestion reports Meta (META) CEO Mark Zuckerberg has hired three AI researchers from Microsoft-backed (MSFT) OpenAI to help with his superintelligence efforts, WSJ says BlackRock (BLK) is accelerating its push into private investments, now including them in funds for 401(k) retirement plans, WSJ reports Charlie Ergen has asked creditors to EchoStar (SATS) and Dish Network for a reprieve on the company's debt, just days before a 30-day grace period on unpaid interest payments is set to expire, Bloomberg reports JetBlue's (JBLU) second-biggest stakeholder, Vladimir Galkin, is threatening to sell his nearly 10% interest in the carrier if its cost-cutting plan and broader efforts fail to turn around its performance, Reuters says 4. MOVERS: Rezolve AI (RZLV) increases in New York after announcing the creation of Rezolve Ai Professional Services Serve Robotics (SERV) gains after announcing the launch of its autonomous robot delivery service to the Atlanta metro area Bit Digital (BTBT) declines after announcing a 75M share offering Centrus Energy (LEU) lower after JPMorgan initiated coverage of the stock with a Neutral rating Kratos Defense (KTOS) falls after announcing a 12.987M share offering 5. EARNINGS/GUIDANCE: McCormick (MKC) reported Q2 results and provided guidance for FY25 Jefferies (JEF) reported results for Q2, with EPS missing consensus MillerKnoll (MLKN) reported Q4 results and provided guidance for Q1 Acuity Brands (AYI) reported Q3 results, with CEO Neil Ashe commenting, 'We delivered strong performance in the third quarter of fiscal 2025' Steelcase (SCS) reported Q1 results, with EPS and revenue beating consensus INDEXES: Near midday, the Dow was up 0.72%, or 308.97, to 43,291.40, the Nasdaq was up 0.73%, or 145.41, to 20,118.96, and the S&P 500 was up 0.67%, or 40.55, to 6,132.71. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on META: Disclaimer & DisclosureReport an Issue AI Daily: Meta poaches researchers from OpenAI Asana (ASAN) Names Dan Rogers Its New CEO Meta hires three OpenAI researchers, WSJ reports Meta Platforms to receive additional 791 MW from Invenergy for data centers Meta introduces AI-powered Message Summaries for WhatsApp Sign in to access your portfolio
Wall Street Journal
a day ago
- Politics
- Wall Street Journal
North Korea May Deepen Ukraine Involvement With Troop Surge
North Korea may send more troops to Russia as early as July to support its war in Ukraine, South Korean lawmakers claim. WSJ's Dasl Yoon reports. Photo: Str/Agence France-Presse/Getty Images
Time of India
2 days ago
- Business
- Time of India
Mark Zuckerberg, the world's second-richest man, is offering a Rs 860 crore package to techies for this job
In a bid to win the AI race, Mark Zuckerberg is spending his days firing off emails and WhatsApp messages to the sharpest minds in artificial intelligence by personally reaching out to hundreds of researchers, scientists, infrastructure engineers, product stars and entrepreneurs to try to get them to join a new Superintelligence lab he's putting together, according to a Wall Street Journal. As per a Bloomberg report, Zuckerberg has offered $100 million packages to some people for the role. Interesting, some of the people who have received the messages were so surprised they didn't believe it was really Zuckerberg. One person assumed it was a hoax and didn't respond for several days, according to WSJ. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Despite offering lucrative financial incentives, Meta Platforms has struggled to attract some top AI talent due to internal challenges and uncertainty over leadership roles, according to people familiar with the matter. This hesitation stems from the company's recent AI setbacks and multiple reorganizations, which have left potential recruits unclear about who's leading key efforts. Zuckerberg also has tried to recruit OpenAI co-founder Ilya Sutskever, reported WSJ quoting its sources. Live Events Zuckerberg's Recruiting Party Zuckerberg is in a WhatsApp chat called 'Recruiting Party ' with Ruta Singh, a Meta executive in charge of recruiting, and Janelle Gale, the company's head of people, according to WSJ report. When the Recruiting Party chat finds people worth targeting, Zuckerberg wants to know their preferred method of communication, and he gets their attention by sending the first messages himself. Once researchers are convinced that the person reaching out is indeed Meta CEO Mark Zuckerberg, he often hosts them for meals at his homes in Palo Alto and Lake Tahoe. Zuckerberg stays hands-on throughout the entire recruitment process—even down to deciding where their desks will be. He also reassures potential hires that they won't need to worry about resources. Backed by hundreds of billions in ad revenue and ample access to cutting-edge chips, Meta can fully support their work with top-tier computing power and funding. (with WSJ inputs)
Business Insider
2 days ago
- Business
- Business Insider
Shell denies deal talks with BP, Micron reports Q3 beat: Morning Buzz
The major averages were higher near noon, with the S&P 500 continuing its path towards all-time highs reached earlier this year. Meanwhile, the U.S. dollar is under pressure amid the worst first-half performance in 50 years, falling to its lowest since early 2022 amid speculation that President Trump may replace Fed Chair Powell before his term ends and markets pricing in over 60 basis points of rate cuts by year-end. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Looking to commodities, the price of gold was fractionally lower, continuing a volatile month for the typically 'safe-haven' asset. Oil prices are more than 2% higher as the commodity claws back from recent declines amid hostilities in the Middle East. Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1. STOCK NEWS: 2. WALL STREET CALLS: BMO Capital here's why Citizens JMP upgraded Penn Entertainment (PENN) to Outperform while downgrading MGM Resorts (MGM) to Market Perform RBC Capital upgraded General Mills (GIS) to Outperform from Sector Perform BofA reinstated coverage of Unity (U) with an Underperform rating 3. AROUND THE WEB: Unionized refinery workers at Nexa 's (NEXA) Cajamarquilla Zinc Refinery in Lurigancho, Peru have announced a strike after unsuccessful wage adjustment negotiations, Gestion reports Meta (META) CEO Mark Zuckerberg has hired three AI researchers from Microsoft-backed (MSFT) OpenAI to help with his superintelligence efforts, WSJ says BlackRock (BLK) is accelerating its push into private investments, now including them in funds for 401 (k) retirement plans, WSJ reports Charlie Ergen has asked creditors to EchoStar (SATS) and Dish Network for a reprieve on the company's debt, just days before a 30-day grace period on unpaid interest payments is set to expire, Bloomberg reports JetBlue's (JBLU) second-biggest stakeholder, Vladimir Galkin, is threatening to sell his nearly 10% interest in the carrier if its cost-cutting plan and broader efforts fail to turn around its performance, Reuters says Rezolve AI (RZLV) increases in New York after announcing the creation of Rezolve Ai Professional Services Serve Robotics (SERV) gains after announcing the launch of its autonomous robot delivery service to the Atlanta metro area Bit Digital (BTBT) declines after announcing a 75M share offering Centrus Energy (LEU) lower after JPMorgan initiated coverage of the stock with a Neutral rating Kratos Defense (KTOS) falls after announcing a 12.987M share offering 5. EARNINGS/GUIDANCE: McCormick (MKC) reported Q2 results and provided guidance for FY25 Jefferies (JEF) reported results for Q2, with EPS missing consensus MillerKnoll (MLKN) reported Q4 results and provided guidance for Q1 Acuity Brands (AYI) reported Q3 results, with CEO Neil Ashe commenting, 'We delivered strong performance in the third quarter of fiscal 2025' Steelcase (SCS) reported Q1 results, with EPS and revenue beating consensus INDEXES: Near midday, the Dow was up 0.72%, or 308.97, to 43,291.40, the Nasdaq was up 0.73%, or 145.41, to 20,118.96, and the S&P 500 was up 0.67%, or 40.55, to 6,132.71.
