News

A U.S. judge blocked the Trump administration from enforcing its latest executive order restricting birthright citizenship.

Broadcom (AVGO.O) shares are up 2.85% in after-hours trading, after falling more than 6% earlier in the day following earnings release.

Reserve Bank of New Zealand Governor Brehman: An official cash rate (OCR) of 2.75% will support economic recovery.

According to the Financial Times, sources familiar with the matter said that JPMorgan Chase (JPM.N) reduced its funding to Jane Street last year because the trading firm’s foray into the bond market created direct competition with it.

Reserve Bank of New Zealand Governor Brehman: Some businesses are pricing cautiously.

Reserve Bank of New Zealand Governor Brehman: We do not want opportunistic price manipulation.

Microsoft (MSFT.O): Adjusted its outlook for the first quarter of fiscal year 2027, expecting Microsoft 365 Commercial Cloud revenue to grow by approximately 17% year-over-year on a constant currency basis.

Microsoft (MSFT.O): Adjusted its outlook for the first quarter of fiscal year 2027, expecting revenue from the Devices & Consumer business to be between $14.7 billion and $15.2 billion.

Microsoft (MSFT.O): Under the new reporting structure, Azure will "become a more purely consumer-based cloud platform and infrastructure business."

Microsoft (MSFT.O): Adjusted its outlook for the first quarter of fiscal year 2027, expecting revenue of $75.15 billion to $75.75 billion for its Agents & Infra business.

Microsoft (MSFT.O): Artificial intelligence is "blurring the lines between our products and reshaping our business model."

Microsoft (MSFT.O): Adjusted its outlook for the first quarter of fiscal year 2027, expecting Azure revenue to grow by 44% to 45% year-over-year on a constant currency basis.

Microsoft (MSFT.O) reaffirmed its fourth-quarter Azure revenue at $29.42 billion.

According to filings with the U.S. Securities and Exchange Commission (SEC), Microsoft (MSFT.O) will report two business segments in fiscal year 2027: Resellers & Infrastructure and Devices & Consumers.

Reserve Bank of New Zealand Governor Brehman: After two increases in the official cash rate (OCR), we may be able to take some time to assess the impact of this move on the economy.

Reserve Bank of New Zealand Governor Brehman: We are seeing an uneven economic recovery, and we expect the recovery to broaden.

Reserve Bank of New Zealand Governor Brehman: We are beginning to see export-driven growth spreading to other parts of the economy.

Broadcom (AVGO.O) shares fell 6% in after-hours trading following the release of its earnings report.

GFZ (German Center for Geosciences): A 5.67-magnitude earthquake has struck Papua New Guinea.

Reserve Bank of New Zealand Governor Brehman: We expect to see the indirect effects of higher oil prices in the coming quarters.