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Microsoft will not use Chinese teams to provide support for US government clients
July 18 (Reuters) - Microsoft MSFT.O has made changes to support U.S. government customers and will no longer use Chinese engineering teams to provide technical support, a company spokesperson said in a post on X.Reuters
Fri, Jul 18
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RBB Bancorp expected to post earnings of 36 cents a share - Earnings Preview
RBB Bancorp RBB.OQ RBB.O is expected to show a rise in quarterly revenue when it reports results on July 21 for the period ending June 30 2025The Los Angeles California-based company is expected to report a 10.1% increase in revenue to $29.601 million from $26.9 million a year ago, according to t...Reuters
Fri, Jul 18
Other
Texas Instruments Inc expected to post earnings of $1.35 a share - Earnings Preview
Texas Instruments Inc TXN.OQ TXN.O is expected to show a rise in quarterly revenue when it reports results on July 22 for the period ending June 30 2025The Dallas Texas-based company is expected to report a 13.8% increase in revenue to $4.349 billion from $3.82 billion a year ago, according to th...Reuters
Fri, Jul 18
Other
Cambium Networks Corp expected to post a loss of 14 cents a share - Earnings Preview
Cambium Networks Corp CMBM.OQ CMBM.O is expected to show a rise in quarterly revenue when it reports results on July 21 (estimated) for the period ending December 31 2024The Rolling Meadows Illinois-based company is expected to report a 6.6% increase in revenue to $42.85 million from $40.21 milli...Reuters
Fri, Jul 18
Cryptocurrencies
Strategy is guarding its massive $72 billion BTC stash with an air of secrecy
Bitcoin giant Strategy is guarding its massive $72 billion BTC stash with an air of secrecy. It has spread its holdings across multiple undisclosed custodians. So far, Coinbase has been confirmed as one of the safekeepers, and speculation points to Fidelity potentially holding some of its BTC. Two weeks ago, Coinbase CEO Brian Armstrong bragged […]Cryptopolitan
Fri, Jul 18
Other
Canadian National Railway Co expected to post earnings of C$1.87 a share - Earnings Preview
Canadian National Railway Co CNR.TO is expected to show a rise in quarterly revenue when it reports results on July 22 for the period ending June 30 2025The Montreal Quebec-based company is expected to report a 0.2% increase in revenue to C$4.337 billion from C$4.33 billion a year ago, according...Reuters
Fri, Jul 18
Commodities
US Cash Crude-Grades slip as refinery demand falls, WTI/Brent spread narrows
July 18 (Reuters) - Physically traded domestic crude grades fell on Friday, dealers said, as domestic demand is set to fall and the WTI/Brent spread narrowed for the fourth straight day. U.S. oil refiners are expected to have about 245,000 barrels per day of capacity offline in the week ending July ...Reuters
Fri, Jul 18
Other
Grupo Televisa SAB expected to post a loss of 2 cents a share - Earnings Preview
Grupo Televisa SAB TV.N, TV is expected to show a fall in quarterly revenue when it reports results on July 21 (estimated) for the period ending June 30 2025The Mexico City Mexico, D.f.-based company is expected to report a 14.9% decrease in revenue to $776.003 million from $912.22 million a year...Reuters
Fri, Jul 18
Other
Home Bancorp Inc expected to post earnings of $1.22 a share - Earnings Preview
Home Bancorp Inc HBCP.OQ HBCP.O is expected to show a rise in quarterly revenue when it reports results on July 21 for the period ending June 30 2025The Lafayette Louisiana-based company is expected to report a 9.1% increase in revenue to $32.067 million from $29.39 million a year ago, according ...Reuters
Fri, Jul 18
Other
US reorders arms deliveries to free up more Patriots for Ukraine, WSJ reports
July 18 (Reuters) - U.S. President Donald Trump's administration has moved Germany ahead of Switzerland for the next Patriot air-defense systems off the production line, which will allow Germany to send two Patriots it already has to Ukraine, the Wall Street Journal reported on Friday citing thr...Reuters
Fri, Jul 18
Other
Controladora Vuela Compania de Aviacion SAB de CV expected to post a loss of 70 cents a share - Earnings Preview
Controladora Vuela Compania de Aviacion SAB de CV VLRS.N, VLRS.K is expected to show a fall in quarterly revenue when it reports results on July 21 for the period ending June 30 2025The Mexico City Mexico, D.f.-based company is expected to report a 6.5% decrease in revenue to $678.739 million fro...Reuters
Fri, Jul 18
Other
US to release over $1 billion after-school funding that it withheld, official says
US government withheld $6.8 billion in school fundingWhite House says 'guardrails' ensure funds won't be misusedSome states sued Trump administration over itBy Kanishka Singh WASHINGTON, July 18 (Reuters) - President Donald Trump's administration will release more than $1 billion ...Reuters
Fri, Jul 18
Other
AGNC Investment Corp expected to post earnings of 41 cents a share - Earnings Preview
AGNC Investment Corp AGNC.OQ AGNC.O is expected to show a rise in quarterly revenue when it reports results on July 21 for the period ending June 30 2025The Bethesda Maryland-based company is expected to report a 12,873.7% decrease in revenue to $383.21 million from $-3 million a year ago, accord...Reuters
Fri, Jul 18
Other
Rubio says 10 Americans detained in Venezuela have been released
WASHINGTON, July 18 (Reuters) - U.S. Secretary of State Marco Rubio said on Friday that 10 Americans detained in Venezuela have been released. "I want to thank my team at the @StateDep & especially President @nayibbukele for helping secure an agreement for the release of all of our American ...Reuters
Fri, Jul 18
Other
Orrstown Financial Services Inc expected to post earnings of 98 cents a share - Earnings Preview
Orrstown Financial Services Inc ORRF.OQ ORRF.O is expected to show a rise in quarterly revenue when it reports results on July 22 for the period ending June 30 2025The Harrisburg Pennsylvania-based company is expected to report a 89.7% increase in revenue to $49.525 million from $26.1 million a y...Reuters
Fri, Jul 18
Other
Pinstripes Holdings Inc expected to post a loss of 26 cents a share - Earnings Preview
Pinstripes Holdings Inc PNST.PK is expected to show a rise in quarterly revenue when it reports results on July 21 (estimated) for the period ending April 30 2025The Northbrook Illinois-based company is expected to report a 8.3% increase in revenue to $39.2 million from $36.2 million a year ago,...Reuters
Fri, Jul 18
Other
Northrim BanCorp Inc expected to post earnings of $2.27 a share - Earnings Preview
Northrim BanCorp Inc NRIM.OQ NRIM.O is expected to show a rise in quarterly revenue when it reports results on July 22 (estimated) for the period ending June 30 2025The Anchorage Alaska-based company is expected to report a 23.1% increase in revenue to $33.3 million from $27.05 million a year ago...Reuters
Fri, Jul 18
Other
Justice Department ends bid to cancel ABA's domestic violence grants
By Karen Sloan July 18 (Reuters) - The American Bar Association will receive $3.2 million in domestic violence training grants through 2027, after the U.S. Department of Justice declined to appeal a May ruling that blocked the agency from canceling the funding.A federal judge in Washington on Thu...Reuters
Fri, Jul 18
Stocks
US STOCKS-S&P, Nasdaq end flat after report of Trump mulling tariffs against Europe
Netflix raises 2025 revenue guidance but shares fallCrypto stocks up as House passes stablecoin legislationTrump eyes 15%-20% tariffs on EU, FT reportsExxon drops after losing Hess legal battleBy David French July 18 (Reuters) - The S&P 500 and Nasdaq Composite ended largely unchanged on Frid...Reuters
Fri, Jul 18
Cryptocurrencies
Is Cardano (ADA) Still Worth Holding? Experts Back This Underrated Altcoin
As crypto markets show signs of optimism, one DeFi protocol is quietly gaining traction where others fade into the noise, Mutuum Finance. Mutuum Finance (MUTM) is currently priced at $0.03 at stage 5 of presale, over 80% now sold. Phase 5 investors will be able to witness a guaranteed 100% ROI return on listing. The […]Cryptopolitan
Fri, Jul 18
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