6 h. ago UK stocks buoyed as ‘optimism’ enters markets amid raft of company earnings

The FTSE 100 rose 46.12 points, or 0.55%, to close at 8,463.46.

Politics

3 d. ago Tesla stock soars after Elon Musk announces he's 'easing out' of DOGE

Tesla stock surged nearly 20% after Elon Musk announced he's scaling back his government role to refocus on the company. The pivot came during Tesla's earnings call, soothing investor fears.

Politics

5 d. ago Google reports strong earnings amid DoJ antitrust lawsuits and Trump tariffs

Tech giant exceeds Wall Street expectations despite 17% drop in stock price and tariffs levied on its trade partnersGoogle’s parent company Alphabet reported strong first quarter earnings on Thursday, despite being embroiled in antitrust lawsuits brought by the US government and seeing a 17% drop in its stock price since the beginning of the year. This is the company’s first earnings report since Donald Trump levied tariffs on trade partners around the world.Despite the upheaval for Alphabet, it exceeded Wall Street’s expectations, reporting revenue of $90.23bn, up 12% since the same time last year, and $2.81 in earnings per share. Analysts had projected first quarter revenue of $89.2bn and earnings of $2.01 per share, according to consensus estimates. The global tariffs were not expected to create much of an impact for Alphabet, since they were mostly instituted after the end of the quarter. Continue reading...

Politics

5 d. ago Google to report earnings amid justice department lawsuits and Trump tariffs

Parent company to report revenue as it’s embroiled in 17% drop in stock price and tariffs levied on its trade partnersGoogle’s parent company Alphabet will report its first quarter earnings on Thursday, which come as the tech giant is embroiled in antitrust lawsuits brought by the US government and a 17% drop in its stock price since the beginning of the year. It’s also the company’s first earnings report since Donald Trump levied tariffs on trade partners around the world.Despite the upheaval, analysts appear optimistic on Alphabet’s outlook projecting first quarter revenue of $89.2bn, up 11% since the same time last year, and earnings of $2.01 per share, up 7%, according to consensus estimates. Analysts don’t expect the global tariffs to create much of an impact for Alphabet, since they were mostly instituted after the end of the quarter. Continue reading...

Politics

7 d. ago Tesla sales plunge as carmaker warns ‘political sentiment’ could impact future demand

Profits slide 71% to $409m as analysts conclude Elon Musk’s role in White House has caused branding crisisTesla saw a 9% drop in revenue year over year in the first quarter of 2025. The company brought in $19.3bn in revenue, well below Wall Street expectations of $21.45bn. The company reported an earnings per share of 27 cents, also well under investor expectations of 43 cents in earnings per share.Tesla profits also slid 71% to $409m compared with $1.39bn in net income the previous year. Continue reading...

Events

2 w. ago Why resurrect the dire wolf when existing animals are facing extinction? | Martha Gill

It’s not as sensational as recreating long-dead species, but conserving modern-day fauna is far more pressingThe parable of the Mars mission: we’d rather spend trillions sending ourselves to a yet unlivable planet than look after the one we have. And swiftly on its heels, the parable of the dire wolf. We’d rather resurrect a 12,500-year-old species from the dead than save our existing wild animals. Of course we would. Recycling is boring; doing the very thing 90s science fiction movies warned us not to do is fun.We are not quite on the verge of bringing back ancient species. But last week the PR campaign for doing so began in earnest. Colossal Biosciences – a company known for trying to revive the dodo, the mammoth and the thylacine – has unveiled three large adorable white puppies, claiming it has created “the world’s first successfully de-extincted animal”: the dire wolf, made famous by Game of Thrones. It invited author George RR Martin to look; he duly burst into tears. Continue...

Politics

3 w. ago Tesla quarterly sales slump 13% amid backlash against Elon Musk

Drop is likely combination of ageing lineup, increased competition and backlash to Musk’s politicsTesla sales declined in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers.The drop of 13% is likely due to a combination of factors, including its ageing lineup, competition from rivals and a backlash from Musk’s embrace of rightwing politics. It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors. Continue reading...

Economics