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Business
Tech titans soar: Alphabet and Microsoft ride high on AI-driven wave
The two tech giants - Alphabet and Microsoft - report strong quarterly earnings that surpass market expectations, propelling their stocks to soar. Investors maintain optimism toward their respective core businesses, which have been powered by the advance of AI.
Economy
Can the US manage escalating debt without triggering a fiscal crisis?
The US is grappling with record $34.5 trillion debt, triple the eurozone's, and set to hit 134% of GDP by 2029. Elevated deficits and skyrocketing interest payments may evoke fears of imminent fiscal crisis if countermeasures are not adopted.
Markets
Tesla: What opportunities will Q1 earnings provide for its shares?
Tesla's shares have seen a fall of nearly 30% in the first quarter because of growth bottlenecks. As analysts revise down estimates of Q1 earnings, an upside surprise may present a chance to rebound. Conversely, a miss on the expectation may exacerbate the downward pressure.
USA
US House approves 89 billion euros aid package
US House of Representatives approves 89 billion euros aid package for Ukraine, Israel and Taiwan overcoming months of internal discord.
The vote was passed 311-112 votes.
All amendments to the bill providing aid to Ukraine that would have reduced the assistance were rejected before the vote.