Tencent Stock: Q3 Profit Surges 47%, Gaming and Ads Lead
Tencent Holdings Ltd (HK:0700) reported robust third-quarter results, surpassing profit expectations primarily due to strong growth across its gaming, advertising, and cloud segments. Profit attributable to shareholders surged 47% year-over-year to 53.23 billion yuan ($7.37 billion), well above LSEG’s forecast of
Shopify’s Stock Surged By 25% After Reporting Strong Revenue
Shares of Shopify surged as much as 25% following the company’s impressive third-quarter earnings report, which exceeded analysts’ expectations. The e-commerce giant reported earnings per share (EPS) of $0.35, surpassing the anticipated $0.26. Meanwhile, its revenue reached $2.16 billion, above
Grubhub to be sold to Wonder in $650 million deal
(WJET/WFXP) — Europe's largest meal delivery firm announced Wednesday that it will be selling its U.S.-based Grubhub to Wonder in a $650 million deal. Just Eat Takeaway.com originally acquired Grubhub in 2020 during the peak of the COVID-19 pandemic for $7.3
California gas prices may soar even higher next year: Here’s why
California drivers may see gas prices climb next year after state regulators voted to toughen fuel standards in an effort to cut pollution and reliance on fossil fuel. The updated standards approved Friday by the California Air Resources Board set new
Senate GOP set to vote on Mitch McConnell’s replacement
(NewsNation) — Senate Republicans will elect a new leader to replace Kentucky Sen. Mitch McConnell, stepping aside after 17 years at the top of the Senate GOP. Three candidates are vying to replace McConnell: South Dakota Sen. John Thune, Texas Sen.
Jack Smith expected to resign ahead of Trump inauguration
(The Hill) -- Special counsel Jack Smith plans to wrap up his work and resign from his post before President-elect Donald Trump is sworn in. Trump has boasted that he plans to fire Smith “within two seconds” of taking office and
Trump to meet with Biden at White House
(NewsNation) — President-elect Donald Trump heads to the White House on Wednesday to meet with President Joe Biden for a high-profile transition of power meeting. Biden will welcome Trump to the Oval Office at 11 a.m., a traditional part of
Magic society launches hunt for first female member, expelled for posing as a man
Deception, disguise and finally a disappearance. This might sound like the premise of a magic trick, but it’s actually the story of a woman who managed to fool
South Korean actor Song Jae-lim dead at 39
South Korean actor Song Jae-lim, a former model who rose to prominence in K-dramas, was found dead in Seoul on Tuesday. He was 39.
How will new Trump administration staff picks reshape the US?
(NewsNation) — President-elect Donald Trump has started rapidly filling his administration, with familiar names including Susie Wiles, Tom Homan, Marco Rubio and many more potentially snagging top spots come January 2025. The plethora of Republicans joining Trump's team will serve to
Andrew Yang: Americans realize they need a third party
(NewsNation) — Forward Party co-chair Andrew Yang says his organization has seen a surge in website traffic and new registrations following the 2024 election results, suggesting growing dissatisfaction with the two-party system. "People are realizing that politics as usual is not
Princess of Wales to host Christmas carol service at Westminster Abbey
The Princess of Wales will host her annual Christmas carol concert on December 6, with a focus on “how much we need each other, especially in the most
Trump to nominate Kristi Noem to lead Homeland Security
President-elect Trump on Wednesday announced he has selected South Dakota Gov. Kristi Noem (R) to lead the Department of Homeland Security (DHS). A source familiar confirmed the news earlier Tuesday to The Hill. Trump made it official in an announcement later
Elon Musk, Ramaswamy land Trump admin roles
President-elect Trump has tapped tech entrepreneurs Elon Musk and Vivek Ramaswamy to lead an advisory group focused on cutting federal spending and reducing the size of the government Trump announced Tuesday that Musk and Ramaswamy would lead his “Department of Government
Trump taps Fox News host Pete Hegseth for Defense secretary
President-elect Trump on Tuesday announced he was choosing Pete Hegseth, an Army veteran and a Fox News host, to serve as Defense secretary. Hegseth served as an infantry captain in the Army National Guard and did tours in Afghanistan and Iraq,
John Ratcliffe chosen as Trump’s pick to lead CIA
President-elect Trump announced Tuesday that he will nominate John Ratcliffe, his former head of national intelligence, to lead the CIA. Ratcliffe, a former Texas representative, was critical of investigations into Trump while in Congress and later served as a member of
Speculation swirls over Rubio’s Senate successor
The impending vacancy in the Senate following President-elect Trump’s planned nomination of Florida Sen. Marco Rubio (R) for secretary of State is already sparking speculation about who will be his successor. If Trump goes forward with nominating Rubio as the U.S.’s
Trump selects William McGinley for White House general counsel
President-elect Trump announced Tuesday evening that William McGinley, a lawyer who worked in the former president's first administration, will be White House general counsel in his second term. McGinley served as White House Cabinet secretary in Trump’s first administration. In a