Shares of streaming music monarch Spotify (NYSE: SPOT) got a big lift on Tuesday, rising 5.8% through noon ET even though the company reported a big net loss for the first quarter before the market opened -- and missed earnings estimates to boot. Heading into Q1, Wall Street analysts had forecast that Spotify would lose $0.93 per share on sales of $3.4 billion. Spotify's revenues rose 14% year over year to 3 billion euros.
Oracle (ORCL) stock is surging Tuesday morning since reporting a fiscal first quarter earnings beat yesterday, posting revenue of $13.31 billion (expected $13.26 billion) and adjusted earnings of $1.39 per share ($1.33 per share was expected). Morning Brief hosts Brad Smith and Seana Smith examine Oracle's profit tied to AI and data center demands pushing the cloud service operator higher. The company also announced a new partnership with Amazon's (AMZN) AWS called Oracle Database@AWS. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Talks with the International Monetary Fund regarding Ukraine's financing needs are proving difficult, Prime Minister Denys Shmyhal said on Tuesday, despite Ukraine's continued economic growth. Despite nearly 31 month of fighting since Russia's Feb. 2022 invasion, Kyiv has managed to maintain macroeconomic and financial stability, backed by nearly $100 billion in economic aid from its Western partners. The IMF's monitoring mission is in Kyiv this week for the fifth review of its $15.6 billion lending program to Ukraine.
The game-changing singer's latest two albums, Renaissance and Cowboy Carter, were both released without any visuals.
-- Peak season comes to an end as demand and rates for transpacific freight from Asia begin to normalize -- ITS Logistics September Port Rail Ramp Index: Potential ILA Strike on East and Gulf Coasts Fuel Peak Season Uncertainty Peak season comes to an end as demand and rates for transpacific freight from Asia begin to normalize RENO, Nev., Sept. 10, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the September forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month, the
The toughest moment for Brydon Carse while he was being investigated for historical betting offences was owning up to his Durham team-mates.
Harry Potter is heading back to Hogwarts in a new TV series due to launch on Warner Bros. Discovery's 'Max' streaming service. Here's what we know...
Rebecca Cheptegei was set alight and later died after Dickson Ndiema ambushed her near her home.
Ed Kranepool, a Mets Hall of Famer and member of the 1969 Miracle Mets, died after suffering cardiac arrest on Sunday. He was 79 years old.
Win up to $1,000 with the DigiKey Back2School prize giveaway The 2024 #DKBack2School Prize Draw runs Aug. 19 – Oct. 18, 2024, with winners announced in November. THIEF RIVER FALLS, Minn., Sept. 10, 2024 (GLOBE NEWSWIRE) -- DigiKey, a leading global commerce distributor offering the largest selection of technical components and automation products in stock for immediate shipment, has launched its popular Back2School Prize Giveaway. The annual contest provides college students a chance to win Digi
DENVER, September 10, 2024--Businessolver®, a market-leader in SaaS-based HR and benefits technology, is proud to announce significant investments in their service-focused technologies, all designed to enhance the experiences of employees and deliver delight. These advancements underscore our unwavering commitment to delivering exceptional, empathetic support tailored to the unique needs of each individual.
Shortly after US Secretary of State Antony Blinken, on a visit to the UK, said Russia had received ballistic missiles from Iran, the governments of Britain, France and Germany said on Tuesday they will be announcing new sanctions on Iran. The governments of France, Germany and Britain strongly condemn Iranian transfers of ballistic missiles to Russia and will work towards imposing sanctions on Iran Air as a result, the German Foreign Ministry said in a statement on Tuesday."This act is an escala
Kamala Harris and Donald Trump will face off for perhaps their only presidential debate, a high-pressure showdown for two candidates locked in a tight contest.
ATLANTA, September 10, 2024--Today, CMSPI released a State of the Industry Report in collaboration with the client-led Insights Advisory Council (IAC) formed in 2023. The Council consists of global business thought leaders from Amazon, Best Buy, Columbia, iHerb, lululemon, Kroger, McDonald’s, Shell, Sony, Target, and Walmart aligned with the purpose of shaping a more optimal paying experience for both merchants and consumers.
About 1,700 inmates are being freed from prisons in England and Wales on the first day of the government scheme.
The phrase “voice of a generation” gets thrown around a lot, but if that label were defined by sheer recognizability, it would be hard to find a better fit than James Earl Jones, who died Tuesday. The real question is: which generation? Depending on whether you were born before or after the year 1990, chances …
Funding for Innovative Research on Depression, Schizophrenia, Addiction/Substance-Use Disorder, Suicide Prevention, and Other Psychiatric DisordersNew York, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The Brain & Behavior Research Foundation (BBRF) today announced it is awarding $10.4 million in Young Investigator Grants to 150 promising early career scientists who are conducting neurobiological and psychiatric research to identify causes, improve treatments, and develop methods of prevention for mental
Data Center Transformation Market Data Center Transformation Market Dublin, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The "Data Center Transformation - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.The global market for Data Center Transformation was estimated at US$9.0 Billion in 2023 and is projected to reach US$20.8 Billion by 2030, growing at a CAGR of 12.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, dr
Washington, DC, Sept. 10, 2024 (GLOBE NEWSWIRE) -- UNCF (United Negro College Fund) today joins the world in mourning the loss of esteemed actor James Earl Jones. A prominent figure in the arts for decades, we have fond memories of his booming voice that burned the iconic UNCF motto, “A mind is a terrible thing to waste”® into the hearts and minds of so many Americans for decades. Because of his distinguishable voice and remarkable ability to inspire audiences across generations, UNCF’s awarenes
Chloe Troast has revealed she wasn't asked back to "Saturday Night Live" for the new season, but three new featured players have been hired.
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