Louisiana Republican Rep. Mike Johnson has emerged as the latest nominee for House speaker, beating out three other contenders. The nomination came after Majority Whip Tom Emmer withdrew his bid due to a lack of GOP support. However, Johnson’s path to victory is uncertain as he needs to secure 217 Republican votes, a majority of…
S&P 500 futures remained stable on Tuesday night as investors analyzed the quarterly results of tech giants Microsoft and Alphabet. Futures linked to the S&P 500 experienced a slight decline of 0.06%, while Nasdaq 100 futures fell by 0.2%. Conversely, Dow Jones Industrial Average futures increased by 0.2%, or 74 points. Following the closing bell…
Microsoft, Alphabet, Visa, Snap, Texas Instruments, CoStar Group, and Stride were the companies grabbing attention in extended trading. Shares of Microsoft surged by over 3% after the tech giant reported its fiscal first-quarter results, surpassing analysts’ expectations. The company’s earnings per share stood at $2.99 on $56.52 billion in revenue, outperforming forecasts of EPS at…
Biden administration announces finalized plan for higher education oversight and student loan borrower protection In a recent development, the Biden administration has unveiled its comprehensive plan to enhance its supervision of higher education institutions and strengthen consumer protections for student loan borrowers. The goal of these new measures is to ensure accountability and guarantee a…
Apple is set to hold a launch event on October 30, according to invites sent by the company. The event will be streamed on Apple’s website and will begin at 8 p.m. E.T., deviating from their usual afternoon launches. Speculation suggests that new Mac laptops will be unveiled during the event, as reports indicate that…
Right-wing attorney Jenna Ellis, known for her work on the Trump 2020 campaign, has pleaded guilty to a criminal charge in the Georgia election interference case. Ellis is the latest co-defendant of former President Donald Trump to strike a deal with prosecutors, following Sidney Powell and two others. These recent plea bargains in Atlanta District…
Check out the companies making headlines before the bell. General Motors, the automaker, saw its shares rise by more than 1% in premarket trading after posting third-quarter earnings and revenue that exceeded analyst expectations. However, GM did withdraw its full-year outlook due to rising costs from the United Auto Workers union strikes. Despite Spotify’s third-quarter…
Barclays Reports £1.27 Billion in Net Profit for Q3, Beating Expectations LONDON – Barclays, one of the largest banks in the United Kingdom, has announced a net profit of £1.27 billion ($1.56 billion) for the third quarter. This figure slightly exceeded analysts’ expectations, despite a decline in revenues from its investment bank. The positive performance…
Deeply divided Republican lawmakers are currently facing a leadership crisis in the House of Representatives as they try to select a nominee for speaker for the third time. After two previous candidates failed to garner enough support within the party, Republicans held a closed-door candidate forum on Monday evening with nine lawmakers vying for the…
Shares of Redfin surged 12% in extended trading after the company announced a major financial commitment. According to a filing with the U.S. Securities and Exchange Commission, funds managed by Apollo Capital and its affiliates have agreed to provide up to $250 million in financing to the real estate brokerage through a loan. This deal…
