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Europe · United StatesMeta Platforms Inc. increased its spending estimates for the year and projected second quarter sales that were below Wall Street’s expectations, once again raising questions about whether its futuristic technological bets will eventually pay off for investors.
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Meta shares sink 11% on weak revenue guidance
50% Center coverage: 6 sources
Business · United StatesBoeing on Wednesday reported a narrower-than-expected loss and less cash burn than analysts expected, and said it is stabilizing its supply chain as it grapples with its latest 737 Max safety crisis.See the Story
Boeing reports better-than-feared quarter, says supply chain is stabilizing amid 737 Max crisis
60% Center coverage: 5 sources
Business · ArgentinaArgentina's economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth straight monthly slide amid tough austerity measures under new libertarian President Javier Milei.See the Story
Argentina economic activity seen plunging 6% in February
50% Center coverage: 6 sources
Dell · ChinaChinese universities and research institutes recently obtained high-end Nvidia artificial intelligence chips through resellers, despite the U.S. widening a ban last year on the sale of such technology to China. See the Story
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
87% Center coverage: 8 sources
Business · United StatesBank of America on Tuesday reported first-quarter earnings that topped analysts’ estimates for profit and revenue on better-than-expected interest income and investment banking.See the Story
Bank of America tops estimates on better-than-expected interest income, investment banking
57% Center coverage: 7 sources