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Amazon shares plummet on weak revenue forecast

Amazon’s shares fell sharply in after-hours trading after the company forecast lower-than-expected sales for the current quarter and its second-quarter profit beat Wall Street expectations. Amazon’s focus on the success of its AWS cloud computing platform did not please investors, with the Seattle-based company’s shares falling more than 6% in after-hours trading. “We continue to […]

Facebook parent Meta delivers strong quarter, sending shares soaring

Meta Platforms Inc. on Wednesday reported second-quarter earnings that beat Wall Street expectations, issued an upbeat sales forecast for the September quarter and expressed confidence that robust digital ad spending will be able to cover the costs of its AI investments. The company’s shares rose 8% after the close of trading. Mark Zuckerberg’s parent company […]

Jennifer Lopez shares smiling selfie after Ben Affleck buys home

Jennifer Lopez shared a casual selfie on Monday, snapped to the tune of Charlie XCX’s “Apple.” J.Lo/Instagram Jennifer Lopez is the latest celebrity to enjoy the “Brat” summer. The “Waiting for Tonight” singer shared a casual selfie on Monday that shows her sitting comfortably in a chair in a cozy sweatshirt, sans makeup and smiling […]

Asian Shares Drop as Markets Await Major Events: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian shares fell on speculation that investors were trimming some of their holdings ahead of a string of events scheduled over the next few days, including key central bank decisions, key economic data and earnings reports from large U.S. companies. Most read articles on Bloomberg The MSCI Asia Pacific index extended its decline […]