happygiftbox.net

  Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Results were good, but not good enough. That’s Wall Street’s reaction to quarterly results on Tuesday from  Alphabet  and  Microsoft . Both companies reported revenue and earnings that exceeded estimates, yet the stocks sold off in extended trading. In investor speak, the stocks were priced for perfection. Alphabet shares are up 56% for the year and  climbed to a fresh high  last week, exceeding the prior record from late 2021, the peak of the tech boom. Microsoft is up 70% over the past 12 months, also reaching a fresh high recently and surpassing  Apple  as the  most valuable  publicly traded company. The companies generated excitement last year by riding the artificial intelligence wave, and were also lauded by shareholders for their dramatic c...

  Elon Musk, CEO of Tesla, speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy) in Rome, Italy, on Dec. 15, 2023. Antonio Masiello | Getty Images Tesla  reported revenue and profit for the fourth quarter that missed analysts’ estimates as automotive revenue increased just 1% from a year earlier. The stock slid almost 6% in extended trading. Here are the key numbers: Earnings per share:  71 cents, adjusted vs. 74 cents expected by LSEG, formerly known as Refinitiv. Revenue:  $25.17 billion vs. $25.6 billion expected by LSEG. Total revenue increased 3% from $24.3 billion a year earlier. Operating margin for the quarter came in at 8.2%, down from the year-ago quarter’s figure of 16% and slightly higher than 7.6% in the prior quarter. Meager growth in auto revenue was partly due to a reduced average selling price following steep price cuts around the world in the second half of the year. Net income for the quarter more than doubled...

  WATCH NOW VIDEO 02:58 Bad earnings coupled with hot CPI report could ‘crack the exterior’ of the markets, says Jim Cramer CNBC’s  Jim Cramer  bemoaned Thursday’s hotter-than-expected  inflation  figures for December, saying the data was a blow to bulls hoping for interest rate cuts from the Federal Reserve. He said the market needs a solid start to earnings season on Friday to improve the averages. “The bulls didn’t get the cool inflation number they wanted. Consider that strike one of a two-strike game,” he said. “Tomorrow’s earnings bring another pitch. If we get another swing and a miss, I don’t think the averages will be able to rebound like they did this afternoon.” The  consumer price index  increased 0.3% in December from the month before, higher than most economists estimated, which suggests the U.S. doesn’t yet have a handle on inflation. Following the news, the  Nasdaq Composite  closed flat, the  Dow Jones Industrial Average...

  This pool image distributed by Sputnik agency shows Russian President Vladimir Putin meeting with the Tver region governor at the Kremlin in Moscow on August 9, 2023. Mikhail Klimentyev | AFP | Getty Images The Russian ruble slid past 100 to the U.S. dollar on Monday, nearing a 17-month low as President Vladimir Putin’s economic advisor blamed loose monetary policy for the rapid depreciation. The ruble has lost around 30% against the greenback since the turn of the year. The Bank of Russia has blamed the country’s shrinking balance of trade, as Russia’s current account surplus fell 85% year-on-year from January to July. By late morning in London, the ruble was trading at around 101.41 to the dollar. Putin’s economic advisor Maxim Oreshkin told Russia’s state-owned Tass news agency that the depreciation of the currency and acceleration of inflation was mainly due to “loose monetary policy” and that the central bank has “all the necessary tools to normalize...

  Jonny Bairstow of England removes a “Just Stop Oil” pitch invader during Day One of the Ashes 2nd Test match between England and Australia at Lord’s Cricket Ground. Stu Forster | Getty Images Sport | Getty Images The first morning of the second Ashes Test at Lord’s was interrupted when Just Stop Oil protesters ran onto the ground and scattered orange powder on the outfield. After the first over on Wednesday bowled by England’s James Anderson to Australia batsman David Warner, two men emerged from the stands and moved towards the square, releasing the powder before being tackled by security staff. England wicketkeeper Jonny Bairstow carried one of the men off the field before ground staff cleared the pitch and play resumed after a delay of around five minutes. Three people have since been arrested, police said. Writing on Twitter, a spokesperson for the Metropolitan Police said: “We are aware of protesters on the Lord’s Cricket Ground pitch today, Wednesday, 28 June. Read more sto...

  A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Mike Hewitt | Getty Images Sport | Getty Images Manchester United  shares surged as much as 30% in premarket trading on Tuesday, before paring gains, after Qatari media suggested Sheikh Jassim bin Hamad al-Thani was likely to succeed with his takeover bid. Qatar’s Al-Watan newspaper reported Tuesday evening that Sheikh Jassim,  a son of the country’s former prime minister , is poised to be announced as the preferred bidder of the Premier League soccer club. Al-Watan is co-owned by Hamad bin Jassim bin Jaber al-Thani. A spokesperson for Manchester United was not immediately available to comment. Shares of Manchester United, which exclusively trade on the New York Stock Exchange, were nearly 24% higher at 6:45 a.m. ET. The reports come after  seven months of negotiations , with British petrochemicals billionaire Jim Ratcliffe als...

  Starbucks has allowed customers to order with their own personal reusable cup at store counters since 1985, but the extension of this to drive-thru and mobile ordering is a much bigger deal. Starbucks Since 1985,  Starbucks  has allowed customers to order with their own personal reusable cups at a store counter, offering a 10-cent discount for customers that chose this sustainable option. But if you never knew the option existed, lost your reusable cup a decade or more ago, or simply gave up after forgetting to bring it with you and allowed mildew to grow, the biggest change in reusable coffee cups is still on the way from the coffee chain, which uses an estimated 7 billion disposable cups every year, comprising (along with lids) roughly 40% of the company’s packaging waste. By the end of this year, Starbucks has committed to having all U.S. store locations allow customers to use  reusable cups  — which it first unveiled in March 2022 — for all store visi...