Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from the social media giant’s massive investment in artificial intelligence. Wednesday’s earnings will determine whether that rebound will continue. The stakes are high: Meta is in the midst of one of the most aggressive AI buildouts of all…
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T-Mobile US is a buy as it focuses on raising revenue and lowering expenses at a time when its stock is trading at a discount, according to Oppenheimer. The investment firm upgraded the stock to outperform. It also set a price target of $260 on shares, suggesting 39% upside from Tuesday’s close. “TMUS reported an…
Facade of a Taco Bell Cantina restaurant in Danville, California, Jan. 8, 2026. Smith Collection | Gado | Archive Photos | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by another strong quarter for Taco Bell. Here’s what the company reported compared with what Wall Street was expecting, based…
Europe is urgently turning to alternative suppliers of jet fuel as imports from the Middle East remain knocked out — but the continent must “fight for every cargo” in what analysts have dubbed a “global stress test” for the airline industry. The loss of Middle Eastern jet fuel because of the Iran war is quickly…
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AstraZeneca and GSK, the U.K.’s second and ninth most valuable companies, both saw first-quarter profits beat expectations early Wednesday. <
Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East. Photos For You | Moment | Getty Images Oil prices advanced again on Wednesday as traders balanced the United Arab Emirates’ shock departure from OPEC with…
The European Commission has found that Meta breached EU law by failing to prevent under-13s from accessing its platforms, as scrutiny of the tech giant’s handling of child safety intensifies. The commission said Wednesday that its preliminary investigations concluded that Meta violated the EU’s Digital Services Act because the minimum age requirement of 13 for…
Germany has postponed its World Cup squad announcement by nine days to take account of the last day of the Bundesliga and give more time for injured players to show their fitness. Germany coach Julian Nagelsmann was due to name his squad in Frankfurt on May 12, but it was pushed back on Tuesday to…
