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Meta asks California judge to throw out landmark social media addiction verdict
Reuters123d agoneutral
Meta asks California judge to throw out landmark social media addiction verdict

Meta Platforms has asked a Los Angeles judge to throw out a jury’s verdict finding the company liable for a woman’s ‌depression in a landmark trial over whether the company has harmed young users by ‌designing its platforms to be addictive. In the filing, submitted on Monday but made public on Wednesday, Meta asked the judge ​who oversaw the trial to overturn the verdict and rule in its favor or order a new trial. The jury in March found that Meta and YouTube parent Google had been negligent in the design of their platforms and had failed to warn users of their dangers.

Bloomberg123d agoneutral
CoreWeave’s Chip-Backed Loan Racks Up $19 Billion of Demand

(Bloomberg) -- CoreWeave Inc. racked up $19 billion of investor orders for a $3.1 billion loan backed by customer contracts for microchips, according to people familiar with the matter, the first of its kind to be broadly syndicated in the US leveraged loan market.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention in Tr

Analyst predicts 35% upside for Dorsey's Block ahead of earnings
TheStreet123d agoneutral
Analyst predicts 35% upside for Dorsey's Block ahead of earnings

Jack Dorsey's financial services company Block, Inc. (NYSE: XYZ) is set to report the financial results for the first quarter of 2026 on May 7. As Dorsey is a strong Bitcoin (BTC) advocate, Block's products integrate the top cryptocurrency. Cash App, a wallet that allows Bitcoin ...

J & J Snack Foods Q2 Earnings Call Highlights
MarketBeat123d agoneutral
J & J Snack Foods Q2 Earnings Call Highlights

J & J Snack Foods (NASDAQ:JJSF) reported fiscal second-quarter 2026 results that showed margin expansion and higher adjusted earnings despite a decline in sales, as management pointed to benefits from its “Project Apollo” transformation and ongoing portfolio reshaping. Chief Executive Officer D

Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era
24/7 Wall St.123d agoneutral
Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era

Apple (NASDAQ:AAPL) just posted its best March quarter ever at $111.18 billion, while Intel (NASDAQ:INTC) followed with a sixth consecutive revenue beat. Now Bloomberg reports Apple is in early talks to use Intel and Samsung as U.S. chip suppliers. That single thread reframes both earnings reports. iPhone 17 Carries Apple. Foundry Carries Intel. Apple’s quarter ... Forget Tariffs: An Apple-Intel Deal Could Be the Biggest Manufacturing Story of the Trump Era

Bloomberg123d agoneutral
JPMorgan Creates New Index Tracking 6,400 Private Companies

(Bloomberg) -- JPMorgan Chase & Co. created an index tracking private midsize companies in the US with a combined $1 trillion in annual revenue, the first of a series of planned tools to provide investors with greater transparency into the world of closely held firms. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention i

Bloomberg123d agoneutral
Popeyes Is Making Sure None of Its Chicken Tenders Are Too Small

(Bloomberg) -- Popeyes Louisiana Kitchen has a new goal: make sure no customer gets a piece of chicken that’s too small.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitDOJ Plans Intervention in Trump Supreme Court Carroll AppealAnthropic Unveils AI Agents to Field Financial Services TasksIran Evaluating US Proposal to End War as China Calls for PeaceThe chain, which sparked a fried-chicken craze in

Samsung says to discontinue China sales of some consumer electronics products
Reuters123d agoneutral
Samsung says to discontinue China sales of some consumer electronics products

Samsung Electronics, a maker of TVs and home appliances, said on Wednesday that it has ‌decided to discontinue sales of some consumer electronics products ‌in mainland China amid intensifying competition in the local market. "The company will make ​every effort to minimize any impact on customers resulting from this decision, and is reviewing various support measures for business partners," Samsung said in a statement, following earlier reports in South Korean media about ‌the exit of its ⁠TV and home appliance sales in China. While Samsung's memory chip business is enjoying a profit surge due ⁠to AI boom, its other products such as TVs, home appliances and mobile phones face mounting competition from Chinese rivals in China ​and elsewhere.

How To Earn $500 A Month From Kraft Heinz Stock Ahead Of Q1 Earnings
Benzinga123d agoneutral
How To Earn $500 A Month From Kraft Heinz Stock Ahead Of Q1 Earnings

The Kraft Heinz Company will release earnings for its first quarter before the opening bell on Wednesday, May 6. Analysts expect the company to report quarterly earnings of 50 cents per share, down from 62 cents per share in the year-ago period. The consensus estimate for Kraft Heinz's quarterly revenue is $5.88 billion (it reported $6 billion last year), according to Benzinga Pro. Ahead of quarterly earnings, BTIG analyst Rob Dickerson, on April 14, initiated coverage on Kraft Heinz with a Neut

Timken (TKR) Q1 2026 Earnings Call Transcript
Motley Fool123d agoneutral
Timken (TKR) Q1 2026 Earnings Call Transcript

Neil Andrew Frohnapple: Thank you, operator, and welcome, everyone, to our first quarter 2026 earnings conference call. This is Neil Andrew Frohnapple, Vice President of Investor Relations for The Timken Company. With me today are The Timken Company's President and CEO, Lucian Boldea, and Michael Discenza, our Chief Financial Officer.

CDW (CDW) Q1 2026 Earnings Transcript
Motley Fool123d agoneutral
CDW (CDW) Q1 2026 Earnings Transcript

This conference call is property of CDW and may not be recorded or rebroadcast without specific written permission from the company. Christine Leahy: Thank you, Steve, and good morning, everyone. Excellent top line performance reflected agility both in securing supply and capturing demand for AI investment and ongoing infrastructure modernization.

Duolingo CEO issues stark forecast for 2026
TheStreet123d agoneutral
Duolingo CEO issues stark forecast for 2026

Duolingo stock fell 6% after disappointing guidance, adding to a staggering 77% drawdown over the past year. What used to look like a clean growth story is now shifting into something more uncertain, where rising engagement is no longer enough to carry the narrative. Management is leaning into ...

Boeing’s dividend & stock split history explained
TheStreet123d agoneutral
Boeing’s dividend & stock split history explained

Boeing is the world’s biggest maker of commercial and military aircraft. In the past decade, it went from posting its largest annual profit in its more than 100-year history to posting its biggest annual loss just two years later Here’s what happened to Boeing’s history of dividend payments and ...

Johnson Controls (JCI) Q2 2026 Earnings Transcript
Motley Fool123d agoneutral
Johnson Controls (JCI) Q2 2026 Earnings Transcript

While early in the journey, our proprietary business system is beginning to strengthen how we lead and execute throughout parts of the organization. It's the next step in a comprehensive set of global design guides mapping the full data center thermal chain, providing clear design parameters to enable high-performance, efficient operation as customers plan and scale AI with greater clarity. Adjusted EBIT margin expanded 310 basis points to 15.5%, and adjusted EPS was up 45% and exceeded our guide.

Solstice (SOLS) Q1 2026 Earnings Transcript
Motley Fool123d agoneutral
Solstice (SOLS) Q1 2026 Earnings Transcript

David Sewell: Thank you, Mike, and thank you, everyone, for joining us today. During the first quarter, Solstice Advanced Materials delivered strong top and bottom line results, reflecting ongoing robust demand trends across several of our key businesses, including Nuclear, Electronic Materials and Refrigerants.