Meta stock falls as investors are disappointed by the AI spending forecast.
Following the announcement of the company's first-quarter results report, Meta's stock price plummeted. Forecasts of lower-than-expected revenue and increased expenses caused investors to react unfavorably. Meta's market capitalization lost around $200 billion due to the decline in stock prices, and its market value has dropped to about $1 trillion as a result.
After hearing from his attorneys that he lacks the funds to post a bond for his $464 million civil fraud appeal, Donald Trump announced that he had almost half a billion dollars in cash.
Israel initiates investigation into troops killed by 'friendly fire'
According to the Israeli military, five soldiers were killed and seven injured in a friendly fire incident in Jabalia. But Hamas has issued a video claiming that 12 Israeli soldiers were killed. It is the Israeli military's single largest casualty since a restarted ground incursion in northern Gaza.
Israel-Hamas war: Israeli cabinet divides on Gaza post-war strategy | Is the Israeli government on the verge of collapse?
Benny Gantz, a member of Israel's war cabinet, has threatened to resign Prime Minister Benjamin Netanyahu's administration if he does not provide a post-war plan for Gaza by June 8. Stay tuned for further details!
This Russian teenager aided in the concert hall attack rescue of one hundred victims.
Islam Khalilov, a 15-year-old cloakroom attendant, has been speaking about how he assisted in rescuing hundreds of victims during the theater attack outside of Moscow.
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Tanker explosion in Nigeria: People stranded for hours, many trapped in their vehicle
In River State, Nigeria, many explosions claimed the lives of at least five individuals and destroyed dozens of cars. Stay tuned for additional information!
Pakistan's first female prime minister, Maryam Nawaz Sharif | Inside South Asia
Maryam Nawaz was appointed as Pakistan's first-ever chief minister. Her opponents abstained from the provincial assembly meeting, accusing the authorities of favoritism. Following her father, Nawaz Sharif, his brother Shehbaz, and Shehbaz's son Hamza, who briefly held the position last year, Maryam is the fourth member of her family to hold the position of Punjab chief minister. Are more significant events ahead?
Hope for a ceasefire: Biden proposes a new idea to stop the war.
Hamas claims it 'positively views' the cease-fire agreement proposed by US President Joe Biden. He has outlined a three-stage plan for Gaza, beginning with a six-week truce between Israel and Hamas. The proposal also calls for the evacuation of Israeli forces from populated areas of Gaza, as well as the repatriation of all hostages.
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Israeli military marches further into Rafah and has complete control of the Philadelphi corridor.
The Israeli military is moving its soldiers farther into the center and western areas of Rafah. After throwing the city into complete darkness overnight, Israeli forces took more of the border territory with Egypt known as the Philadelphi Corridor. This follows Israeli attacks on numerous sections of Rafah overnight and early Wednesday. Almost all of the hospitals are out of operation.
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