We start in the us, where shares of meta, hello. If you are justjoining us, you are in time with the top business stories. We start in the us, where shares of meta, the owner of facebook, instagram and whatsapp plunged in after hours trading after its forecasts disappointed wall street. Investors are concerned the huge amount meta is spending on Artificial Intelligence may not translate into higher profits. Lets show you the details. When it comes to how much money meta is making, profits came in at 12 point 4 billion in the first three months of the year. Thats more than double the amount it made this time last year, and better than expected. But heres one of the numbers worrying investors, meta expects its costs to rise to almost 100 billion this year, as it invests heavily in al and virtual reality. Coupled with a forecast that revenues will barely grow in the Current Quarter that sent shares plunging some 13 in after hours trading. Wiping as much as 160 billion off its stock market
Global Automotive Industry Outlook: Total Automotive Sales to Cross 96 million units in 2024, post strong recovery in the year 2023 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Africa s slowing growth heightens worries on food security, debt service costs, roaring inflation and climate finance, The global downturn will hit Africa s economies harder than any other region according to the latest forecast from the International Monetary Fund: average growth in Africa is set to slow well below the international average to 3.6% this year from 4.7% in 2021. And it forecasts that growth in the region s economies will pick up marginally to 3.7% next year.
Repealed it which he did not do. i think it s going to be a broader question of the agenda. where do they go from here? it s going to be much harder. much harder. here s the competition. mid-term elections are almost always about the president. almost always. in 2017, good hints that 2018 will be a traditional mid-term election season. if you are the president, you think i m not getting enough credit. unemployment at a 17-year low. growth hit a big high of 3.2%. the president wants those numbers to win. but despite those numbers, this is the nab drives mid-term elections. do you approve of the president s performance? 35% say yes and 59% say no. that is the number. if the president s disa previously? when we get to the last week, there is going to be a wave. republicans are very