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U.S. New Home Sales Pull Back Much More Than Expected In April
After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Thursday showing new home sales pulled back by much more than expected in the month of April. The Commerce Department said new home sales plunged by 4.7 percent to an annual rate of 634,000 in April after surging by 5.4 percent to a revised rate of 665,000 in March.
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Microsoft Launches Copilot+ PCs Designed For AI
Microsoft has launched a new category of Windows PCs designed for Artificial Intelligence (AI) that are slated to be the fastest and most intelligent Windows PCs ever built. The Copilot+ PCs come with built-in AI hardware and will support AI features across the operating system.
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U.S. Jobless Claims Decrease More Than Expected To 215,000
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 18th. The Labor Department said initial jobless claims slid to 215,000, a decrease of 8,000 from the previous week's revised level of 223,000. Economists had expected jobless claims to edge down to 220,000.
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Home Depot Partners Instacart To Offer Same-Day Delivery In As Fast As An Hour
Grocery delivery company Instacart (CART) and The Home Depot, Inc. (HD), the world's largest home improvement retailer, announced Thursday a nationwide partnership to offer same-day delivery in as fast as an hour from nearly 2000 store locations.
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Eurozone Private Sector Recovery Gains Strength On New Orders
The euro area private sector activity grew at the fastest pace in a year in May on bigger increases in new orders, employment and an improvement in business confidence, flash survey data from S&P Global showed on Thursday. The flash composite output index posted 52.3 in May, up from 51.7 in the previous month. The score was also above economists' forecast of 52.0.
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U.S. Weekly Jobless Claims Decrease More Than Expected
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits fell by more than expected in the week ended May 18th.
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Bay Street Likely To Open On Positive Note
The Canadian market likely to open higher on Thursday, with technology stocks set to spearhead the move up north, tracking U.S. tech sector after Nvidia's upbeat earnings updates.
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Berita lainnya
Monro Q4 Results Miss Estimates
Automotive service provider Monro, Inc. (MNRO) reported that net income for the fourth quarter surged to $3.7 million or $0.12 per share from $0.4 million or $0.01 per share in the prior-year quarter.
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Euro Rises On Strong Eurozone PMI Data
The euro strengthened against other major currencies in the European session on Thursday, after the Eurozone preliminary PMI numbers rose to a one-year high in May.
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Recurrent Energy Secures Multi-currency Revolving Credit Facility Of Up To EUR 1.3 Bln
Recurrent Energy, a subsidiary of Canadian Solar Inc. (CSIQ), announced Thursday that it has secured a multi-currency revolving credit facility valued at up to 1.3 billion euros with ten banks for the construction of renewable energy projects in several European countries.
This facility will empower Recurrent Energy to continue to develop and construct solar and battery energy storage projects across Spain, Italy, the U.K., the Netherlands, France, and Germany.
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Medtronic Guides FY25 Adj. EPS In Line With Estimates; Boosts Dividend - Update
While reporting financial results for the fourth quarter on Thursday, medical devices maker Medtronic plc. (MDT) initiated its adjusted earnings, revenue growth and organic revenue growth guidance for the full-year 2025.
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Sensex, Nifty Rally After RBI's Dividend Bonanza To Govt
Indian shares posted strong gains on Thursday despite mixed cues from global markets.
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Pfizer's Hospira Recalls Select Hydrochloride Injection Carpuject Units
Hospira, Inc., affiliated to dug major Pfizer Inc., is recalling select lots of Buprenorphine Hydrochloride Injection Carpuject Units and Labetalol Hydrochloride Injection Carpuject Units, according to the U.S. Food and Drug Administration. The recall was initiated due to the potential for incomplete crimp seals. The company has received one customer complaint for one leaking unit.
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