Author: Charlotte

MENLO PARK, Calif., April 29, 2026 /PRNewswire/ — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended March 31, 2026. “We had a milestone quarter with strong momentum across our apps and the release of our first model from Meta Superintelligence Labs,” said Mark Zuckerberg, Meta founder and CEO. “We’re on track to deliver personal superintelligence to billions of people.” First Quarter 2026 Financial HighlightsThree Months Ended March 31,% ChangeIn millions, except percentages and per share amounts20262025Revenue$            56,311$            42,31433 %Costs and expenses33,43924,75935 %Income from operations$            22,872$            17,55530 %Operating margin41 %41 %Provision (benefit) for income taxes (1)$             (5,021)$         …

Cordel Group PLC, the Artificial Intelligence platform for transport corridor analytics, has announced a new £3,000,000 contract, for Point Cloud Data Processing to deliver Structure Gauging outputs at scale across Network Rail. The contract will run to December 2027, with an optional extension to December 2028 worth a further £1,336,000. On 11 June 2024, Cordel announced that formal Network Rail certification had been achieved for all three Gauging clearance file types – for Structures, Station Platforms and Track Intervals. Building on these approvals, this new Point Cloud Data Processing contract will deliver a Structure Gauging Service Booster to Network Rail at…

AllUnity, a joint venture backed by DWS, Flow Traders and Galaxy Digital (GLXY), took its euro-backed stablecoin, EURAU, to the Solana blockchain, extending the token’s reach to a high-speed network often used for payments and trading. EURAU, which debuted last July on Ethereum, is fully reserved and issued under a regulated e-money framework aligned with the European Union’s MiCA rules, the company said in an emailed statement. By adding Solana, AllUnity aims to offer faster settlement and lower transaction costs for euro-denominated transfers. The setup allows businesses and developers to move euros onchain in seconds. Payments firms, for example, could…

WASHINGTON (AP) — The number of Americans filing for unemployment benefits tumbled below 200,000 last week despite a number of economic headwinds including the war in Iran. U.S. jobless aid applications for the week ending April 25 fell by 26,000 by to 189,000, down from the previous week’s 215,000, the Labor Department reported Thursday. That’s well below the 214,000 new applications analysts surveyed by the data firm FactSet were expecting. Filings for unemployment benefits are considered a proxy for U.S. layoffs and are close to a real-time indicator of the health of the job market. The four-week moving average of…

April 30 (Reuters) – Futures linked to Canada’s main stock index gained on Thursday as oil prices retreated ​from four-year highs and investors snapped up gold and silver ‌on the dip, though lingering geopolitical tensions kept them cautious.June futures on the S&P/TSX index were up 0.5% at 07:20 a.m. ET (1120 GMT).Energy markets remained volatile as oil ​prices retreated from above $126 a barrel. The earlier surge was after ​a report that said U.S. President Donald Trump is slated to receive ⁠a briefing on plans for a series of military strikes on ​Iran.The U.S. is pushing for other countries to…

Why New York City Retirement Systems’ affordable housing push can be a recession hedge for pension funds Pensions & Investments Source link

Key PointsAccording to a top Wall Street strategist, Ethereum could hit a price of $62,000.In more than a decade of trading, Ethereum has never crossed the $5,000 price level.New trends on Wall Street, such as asset tokenization, could help to fuel Ethereum’s resurgence.Wall Street strategist Tom Lee thinks Ethereum(CRYPTO: ETH) could hit a price of $62,000 within the next few years. Right now, it’s trading around the $2,300 price level. So, if he’s right, Ethereum investors could see a return of 2,500% within a relatively short period of time.But is Ethereum really capable of soaring in value?Will AI create the…

Solid price gains for gold, silver as USDX solidly down KITCO Source link

Listen to this articleEstimated 6 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.Last Thursday, the Ontario government passed new legislation making it illegal to resell tickets to concerts and sporting events above their original face value.With ticket prices having reached extreme heights for events like the Blue Jays’ World Series run and Taylor Swift’s Eras Tour, the Ontario government is looking to clamp down on the lucrative resale market.In Ford’s words: “We’re putting ticket scalpers on notice. Your days of ripping…

Morningstar report finds semiliquid funds often share holdings, raising questions on diversification. A new analysis is challenging one of private markets’ core selling points: differentiation. The report finds that semiliquid private market funds, often marketed as exclusive and hard to replicate, frequently hold many of the same underlying investments, blurring the line between private and public market diversification. Despite claims of proprietary deal flow and unique sourcing, the Morningstar study shows that overlap is widespread, particularly in private credit. More than one third of assets in direct lending strategies are tied to companies held by at least five different funds,…