Syria says it rejects ‘foreign intervention’ after Israeli strikes
Syria pledges to ‘protect all components’ of society, including Druze, after Israel launches air raids near Damascus.
Day: April 30, 2025
Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hours (Ian King/Bloomberg)
Ian King / Bloomberg:
Qualcomm reports Q2 revenue up 17% YoY to $11B, vs. $10.6B est., handsets revenue up 12%, forecasts Q3 revenue slightly below est.; QCOM drops 5%+ after hours — Revenue in the period ending in June will be $9.9…
US drayage providers bracing for container plunge say rebound could reset market
National drayage providers experiencing a sharp decline in orders as US tariffs come into effect now warn that a second-half rebound could be just as disruptive.
Trump’s stock market in his first 100 days wasn’t just among the worst ever – it might have cost you thousands
‘This is Biden’s Stock Market, not Trump’s,’ the president wrote on Wednesday morning
Meta says it expects its capex for FY2025 to be $64B to $72B, an increase from its prior expectation of $60B to $65B (Todd Spangler/Variety)
Todd Spangler / Variety:
Meta says it expects its capex for FY2025 to be $64B to $72B, an increase from its prior expectation of $60B to $65B — Social-media giant Meta isn’t forecasting a slowdown in business at this point, handily …
Meta’s Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020 (Jonathan Vanian/CNBC)
Jonathan Vanian / CNBC:
Meta’s Reality Labs posts Q1 revenue down 6% YoY to $412M, vs. $492.7M est., and a $4.2B operating loss, vs. $4.6B est.; Reality Labs has lost $60B+ since 2020 — Meta is continuing to sink billions of dollars…
Kenyan Court declares protest ban in Nairobi illegal
In tonight’s edition, a Kenyan court has ruled that a police ban on anti-government protests in Nairobi last year was unconstitutional.
Also, a national political conference in Mali’s recommends naming the junta leader as president for five years and…
US trade official’s rules for LNG ships range from ‘challenging’ to ‘impossible’, Poten says
Neither rule nor regulation but a proclamation that we are supposed to follow, bemoans senior adviser Gordon Shearer
John Bolton says Pete Hegseth should quit ‘for his own safety’s sake’
‘We need a secretary who can get the job done, not somebody who spends his time on Signal chat groups,’ former national security adviser says