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Meta, the parent company of Facebook, has stunned the market with its fourth-quarter earnings report. The tech giant exceeded analysts’ expectations in both earnings and revenue, resulting in a 15% surge in its stock price in after-hours trading. The company reported earnings of $5.33 per share, surpassing the predicted $4.96 per share estimated by LSEG
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Wall Street’s assessment of the quarterly results of Alphabet and Microsoft indicated that the numbers were good, but not up to par with investors’ high expectations. Both tech giants reported impressive revenue and earnings that surpassed estimates. However, the stocks experienced a sell-off in extended trading. This reaction can be attributed to the fact that
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In Singapore, the central bank recently announced its first quarterly monetary policy decision of 2024. As expected, the Monetary Authority of Singapore decided to maintain its exchange rate policy band, known as the Singapore dollar nominal effective exchange rate or S$NEER. This decision by the central bank will have a significant impact on the country’s
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Recently, a devastating unmanned aerial drone attack on U.S. forces stationed in northeastern Jordan near the Syrian border sparked outrage and grief within the international community. In this article, we will critically analyze the incident, examining the circumstances surrounding the attack and the potential ramifications it may have on regional stability. President Joe Biden and
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Alphabet, the parent company of Google, recently ended its contractual relationship with Appen, an artificial intelligence (AI) data firm. This termination has raised concerns and questions about the future of Appen and its thousands of subcontracted workers. The decision by Alphabet will have far-reaching consequences for both companies and the broader AI industry. Alphabet’s decision
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