Microsoft (NASDAQ: MSFT) stock closed out Thursday's trading in the red amid bearish momentum for software companies. The tech giant's share price ended the day down 4%. The S&P 500 closed out the session down 0.5%, and the Nasdaq Composite was down 0.9%. Microsoft and other high-profile software stocks faced pressure today as investors had a strong negative reaction to ServiceNow 's first-quarter...
Microsoft (NASDAQ: MSFT) stock closed out Thursday's trading in the red amid bearish momentum for software companies. The tech giant's share price ended the day down 4%. The S&P 500 closed out the session down 0.5%, and the Nasdaq Composite was down 0.9%. Microsoft and other high-profile software stocks faced pressure today as investors had a strong negative reaction to ServiceNow 's first-quarter results. With the pullback, Microsoft's share price is now down 14% year to date and 23% from its hight . Image source: Getty Images. Continue reading
Sports Entertainment Gaming Global Corporation ( SEGG ) on Thursday said it received a notice from Nasdaq Stock Market o n April 17, for failing to timely file its annual Form 10-K for the year ended December 31, 2025. The company said it can submit a plan within 60 days to regain compliance, and Nasdaq may grant up to 180 days from the filing deadline, or until October 12, 2026, to meet the requi...
Sports Entertainment Gaming Global Corporation ( SEGG ) on Thursday said it received a notice from Nasdaq Stock Market o n April 17, for failing to timely file its annual Form 10-K for the year ended December 31, 2025. The company said it can submit a plan within 60 days to regain compliance, and Nasdaq may grant up to 180 days from the filing deadline, or until October 12, 2026, to meet the requirement. It added that it intends to file the Form 10-K as soon as possible. SEGG +1.89% after hours to $0.6844. Source: Press Release More on Lottery.com Seeking Alpha’s Quant Rating on Lottery.com Financial information for Lottery.com
Earnings Call Insights: Hexcel (HXL) Q1 2026 Management View "Our first quarter results were in line with our expectations" as "an improving commercial market" showed "higher production levels and channel inventory levels normalizing" after 2025 destocking, according to (CEO, President & Chairman Thomas Gentile). Gentile said the company is watching geopolitical developments: "we are monitoring de...
Earnings Call Insights: Hexcel (HXL) Q1 2026 Management View "Our first quarter results were in line with our expectations" as "an improving commercial market" showed "higher production levels and channel inventory levels normalizing" after 2025 destocking, according to (CEO, President & Chairman Thomas Gentile). Gentile said the company is watching geopolitical developments: "we are monitoring developments closely" and "most of what we buy is under long-term contracts" while Hexcel "hedge[s] propylene... for 8 quarters" to mitigate feedstock and logistics volatility. On commercial aerospace, Gentile reported "sales of $502 million" and "adjusted earnings per share were $0.59," adding that "rising commercial aerospace demand drove earnings" and "gross margins also improved compared to last year." Gentile said Commercial Aerospace sales were "$334 million" and up "18.8%" year-over-year, with gains across "the Airbus A350 and A320 and the Boeing 787 and 737 MAX," and he updated program expectations: "we now expect our volumes on the A320 to be at the lower end of our guidance of low 700 for the year" while remaining "confident" in A350 "80 units in 2026, perhaps even with some upside." In Defense, Space & Other, Gentile reported "sales of $169 million" were affected by "the divestment of our Austrian facility," while "just Defense & Space... increased low single digits" and missile-related demand is expected to "begin to impact us favorably later this year." (Executive VP & Interim CFO Michael Lenz) said "total first quarter 2026 sales of $502 million" reflected commercial ramp, and "gross margin of 26.9%" benefited from "volume, mix and price realization" plus "a nonrecurring favorable effect from the timing of inventory utilized." Outlook Lenz stated: "we have reaffirmed our 2026 guidance, including adjusted EPS of $2.10 to $2.30," and added, "Our expectation remains for a roughly even split between the first and second half of 2026." Gentile reiterated program puts...
Australian infrastructure investor IFM Investors Pty is eyeing defense opportunities in Europe as it seeks to tap the region’s historic shift to military expansion. Alongside energy and digital infrastructure, defense assets have more recently come onto the firm’s radar, according to chair Cath Bowtell . IFM is mainly owned by the country’s biggest pension funds. Bowtell was speaking from Paris as...
Australian infrastructure investor IFM Investors Pty is eyeing defense opportunities in Europe as it seeks to tap the region’s historic shift to military expansion. Alongside energy and digital infrastructure, defense assets have more recently come onto the firm’s radar, according to chair Cath Bowtell . IFM is mainly owned by the country’s biggest pension funds. Bowtell was speaking from Paris as a delegation of superannuation funds including AustralianSuper , Australian Retirement Trust and Aware Super visited Europe this week. NEST, the UK’s largest workplace pension scheme and a shareholder in IFM, is also part of the group. Key opportunities are in the “real assets that support defense rather than the technology side” when it comes to equity investments, Bowtell said in an interview, citing infrastructure, ports and storage facilities. IFM manages A$266 billion ($190 billion) of assets globally. Australia’s pension funds are ramping up their investments in private markets around the world as they seek destinations for some A$4 billion of weekly inflows. Around half of their assets are now located offshore, with investments in the UK and Europe spanning infrastructure, real estate and utilities. European members of the North Atlantic Treaty Organization have sharply increased military spending since Russia’s invasion of Ukraine in 2022 and, more recently, actions from the Trump administration which have called into question the alliance’s future. Germany in particular has abandoned decades of under-investment and set up a €100 billion ($117 billion) fund to renovate its defense capacity. Read more: How Australia’s Pension Funds Became a Global Force: Explainer Bowtell acknowledged that foreign investment in critical infrastructure could pose issues for some European governments, who were increasingly monitoring such deals. “We understand there will be part of the defense ecosystem where sovereigns would not want foreign capital, and that makes perfectly good sen...
Royal Bank of Canada has hired industrials bankers Kinjal Gandhi and Alex Choi as Canada’s biggest bank continues building out its investment banking franchise. Gandhi is joining RBC Capital Markets as a managing director from Barclays Plc, while Choi is joining as a managing director from Bank of Montreal, according to an internal memo reviewed by Bloomberg News. Gandhi specializes in industrial ...
Royal Bank of Canada has hired industrials bankers Kinjal Gandhi and Alex Choi as Canada’s biggest bank continues building out its investment banking franchise. Gandhi is joining RBC Capital Markets as a managing director from Barclays Plc, while Choi is joining as a managing director from Bank of Montreal, according to an internal memo reviewed by Bloomberg News. Gandhi specializes in industrial technology and electrification, while Choi focuses on capital goods and diversified industrials, according to the memo from Matthew Stopnik , head of global investment banking. A representative for RBC confirmed the contents of the memo, declining to comment further. Representatives for Barclays and Bank of Montreal didn’t immediately respond to requests for comment. RBC has been on a hiring blitz since last year as it looks to expand its share of the intensely competitive investment banking market. The firm, which has hired 30 managing directors globally since the beginning of 2025, landed a spate of chunky deals this week, including co-advising TopBuild Corp. on its $17 billion sale to QXO Inc. The firm also advised Secure Waste Infrastructure Corp. on its C$6.4 billion ($4.7 billion) sale to GFL Environmental Inc. , as well as First Capital REIT on its C$9.4 billion sale to a consortium including KingSett Capital Inc. Thursday’s memo also highlighted two other recent hires: James Millar, who joined as head of technology, media and telecommunications debt capital markets from JPMorgan Chase & Co., and Patrick Hamer , who joined as managing director in equity capital markets from JPMorgan Chase & Co. to lead origination in energy, power and utilities and infrastructure.
(RTTNews) - Microsoft is rolling out voluntary buyouts for some of its U.S. employees, a first for the 51-year-old tech giant as it adjusts to the rapid advancements in artificial intelligence.
(RTTNews) - Microsoft is rolling out voluntary buyouts for some of its U.S. employees, a first for the 51-year-old tech giant as it adjusts to the rapid advancements in artificial intelligence.
Under the guidance of consummate bully / chairman Brendan Carr, the FCC is taking steps towards cracking down on children's entertainment that in any way explores the complexities of gender identity. On Wednesday, the FCC's Media Bureau announced that it is soliciting comments from the public about whether the TV ratings system has made sound decisions regarding children's programming with transge...
Under the guidance of consummate bully / chairman Brendan Carr, the FCC is taking steps towards cracking down on children's entertainment that in any way explores the complexities of gender identity. On Wednesday, the FCC's Media Bureau announced that it is soliciting comments from the public about whether the TV ratings system has made sound decisions regarding children's programming with transgender or non-binary characters. In a statement about the commenting period the FCC said that it was soliciting feedback due to an alleged uptick in "significant concerns" about whether "controversial gender identity issues are being included or prom … Read the full story at The Verge.
In this article @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT US President Donald Trump speaks during a health care affordability event in the Oval Office of White House in Washington, DC, on April 23, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump on Thursday said Americans should anticipate paying higher gas prices "for a little while" as a result of the Iran war, ...
In this article @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT US President Donald Trump speaks during a health care affordability event in the Oval Office of White House in Washington, DC, on April 23, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump on Thursday said Americans should anticipate paying higher gas prices "for a little while" as a result of the Iran war, without specifying a timeline. But Trump said he is in no rush to make a peace deal with Tehran, while claiming the war has had less of an impact on both stocks and oil prices than he had expected. "I have to be honest, the stock market is at an all-time high right now. I thought it would have been down 20, 25 percent," Trump told reporters in the Oval Office who had asked how much longer the war will last. "I thought oil would go up to maybe $200 a barrel. And oil is a very different number than anyone thought," Trump said. "In fact, this country is much lower [than others] because we have all the oil we can use." Brent oil futures rose about 3% on Thursday to close at $105.07 per barrel. West Texas Intermediate futures advanced around 3% to close at $95.85. Brent crude has surged to nearly $120 a barrel from about $72 a barrel the day before the war started. Trump also asserted Thursday that temporarily higher prices will be rewarded with an eventual deal that keeps Iran from obtaining a nuclear weapon, with which they would "try and blow up one of our cities or blow up the entire Middle East." Trump's confident remarks came as a large majority of Americans say they have cut spending due to pain at the pump , according to the latest CNBC All-America Economic survey released Thursday morning. Gas prices have surged more than 30% to top $4 per gallon since the war began, according to AAA. A majority of the survey respondents also said they expect the higher prices to last at least six months. Since the U.S. and Israel first attacked Iran on Feb. 28, the Trump administration...
Good morning . US forces board a supertanker carrying Iranian oil. SoftBank gets ready to manufacture batteries for data centers. And a wrecked nuclear plant becomes a hot tourist destination. Listen to the day’s top stories . Market Snapshot S&P 500 7,108.40 -0.4% WTI Futures $97.13 +4.5% Brent Futures $106.62 +4.6% Market data as of 05:05 PM ET. Data is subject to provider delays. The US Navy bo...
Good morning . US forces board a supertanker carrying Iranian oil. SoftBank gets ready to manufacture batteries for data centers. And a wrecked nuclear plant becomes a hot tourist destination. Listen to the day’s top stories . Market Snapshot S&P 500 7,108.40 -0.4% WTI Futures $97.13 +4.5% Brent Futures $106.62 +4.6% Market data as of 05:05 PM ET. Data is subject to provider delays. The US Navy boarded a supertanker carrying Iranian oil in the Indian Ocean, while Donald Trump ordered American forces to shoot boats placing mines in the Strait of Hormuz. Tehran activated air defenses against “hostile” targets, Mehr reported. The prospect of Iran agreeing to more in-person peace talks with the US is being hindered by the US president’s threats and brash social media posts, according to people familiar. Meanwhile, the ceasefire between Israel and Lebanon will be extended by three weeks , Trump said on Truth Social. Xi Weaponizes Foreign Airspace in Latest Bid to Isolate Taiwan Read more In the first major US response to Silicon Valley companies’ complaints that China is piggybacking on their success, the Trump administration unveiled measures aimed at preventing Chinese developers from improperly using leading American AI models to build a rival generation of chatbots. Japan’s Finance Minister Satsuki Katayama said that officials are in round-the-clock contact with the US as Tokyo remains on high alert over speculative moves weakening the yen. “As for intervention, we have a free hand,” she said at Bloomberg’s New Voices event on Thursday, helping the currency edge up to hover near 160 per dollar. An ex-Samsung engineer was sentenced to more than six years in prison and fined 200 million won ($135,300) by a Korean court for leaking sensitive technology to leading Chinese chipmaker ChangXin Memory Technologies, as it tries to break into the global AI market, highlighting Seoul’s determination to protect national trade secrets. Meta Platforms plans to cut 10% of its workf...
Iren (NASDAQ:IREN), a Bitcoin mining and AI data center operator, closed Thursday at $52.02, up 7.50%. The stock advanced on positive coverage of its data center pivot that highlighted its growth potential.
Iren (NASDAQ:IREN), a Bitcoin mining and AI data center operator, closed Thursday at $52.02, up 7.50%. The stock advanced on positive coverage of its data center pivot that highlighted its growth potential.
Australia was the first country to issue a ban in late 2025, aiming to reduce the pressures and risks that young users may face on social media, including cyberbullying, social media addiction, and exposure to predators.
Australia was the first country to issue a ban in late 2025, aiming to reduce the pressures and risks that young users may face on social media, including cyberbullying, social media addiction, and exposure to predators.