Alphabet stock jumped 4% Thursday after the company reported third-quarter financial results that beat across the board and increased its capital expenditures for the year. The Google parent company bumped its spending expectations on artificial intelligence infrastructure to $91-$93 billion from $85 billion the prior quarter, noting continued strong cloud demand. CEO Sundar Pichai said the…
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday. The central bank held its key deposit facility rate at 2% for the third consecutive time, having last cut rates in June. The trim, which coincided with euro zone inflation hitting the ECB’s target rate of 2%, was…
These are some of the stocks posting the largest moves in early trading. <
Healthcare expert guiding patient while sitting on sofa in hospital lobby Klaus Vedfelt | Digitalvision | Getty Images Men have long turned to testosterone therapy to address a variety of issues as they age. But in recent years, women are increasingly doing the same, seeing benefits from the hormone in addressing issues around libido, muscular…
It wasn’t a traditional pitch meeting. There were no slides, no product demo. There wasn’t even a clear explanation of what the founders were trying to build. But for investor Oren Zeev’s decision-making process, none of that was necessary. “I just liked them, I just wanted to be close to them,” said Zeev. “So I…
Everyone knows that quarterbacks will drive the 2026 NFL Draft — they do every year — but perhaps the biggest question yet to be answered is just who among the signal-callers will be available. Underclassmen like Oregon’s Dante Moore, Alabama’s Ty Simpson, South Carolina’s LaNorris Sellers and Texas’ Arch Manning flash first-round traits in nearly…
My top 10 things to watch Thursday, Oct. 30 1. Stocks were headed for a modestly lower open this morning following the Fed’s second interest rate cut of the year and China trade progress emerging, with agreements on fentanyl tariffs and rare earths on the table. Tech stocks were on the move after megacap earnings…
Dr. Clay Johnston, co-founder and chief medical officer of Harbor Health. Courtesy of Harbor Health A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. When tech founder Michael Dell and his wife…
Better-than-expected results from Meta Platforms were being overshadowed by worries around the company’s massive artificial intelligence spending plans. The tech giant earned an adjusted $7.25 per share on $51.24 billion in revenue during the third quarter. That exceeds the $6.69 per share and revenue of $49.41 billion that analysts polled by LSEG had penciled in….
Merck on Thursday reported third-quarter earnings and revenue that topped estimates as it saw strong demand for its cancer immunotherapy Keytruda. The drugmaker also narrowed its full-year profit outlook to reflect lower estimated tariff costs, among other factors. Shares of Merck fell more than 2% in premarket trading Thursday. Sales of Keytruda topped $8 billion…
