Airline company United Airlines Holdings (NASDAQ:UAL) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 5.4% year on year to $13.21 billion. Its non-GAAP profit of $0.91 per share was 23.8% above analysts’ consensus estimates.
Apple (NASDAQ:AAPL): iPhone and iPad maker Apple (NASDAQ:AAPL) rose by 6.5% on Monday after reports indicated that smartphones, computers, and a wide range of tech devices and components would be exempt from the reciprocal tariffs on U.S. imports announced on April 2, 2025. See our full article here.
The latest government waste touted by billionaire Elon Musk's cost-cutting Department of Government Efficiency is hundreds of millions of dollars in fraudulent unemployment claims it purportedly uncovered. One problem: Federal investigators already found what appears to be the same fraud, years earlier and on a far greater scale. In a post last week on X, the social media site Musk owns, DOGE announced “an initial survey of unemployment insurance claims since 2020” found 24,500 people over the age of 115 had claimed $59 million in benefits; 28,000 people between the ages of 1 and 5 collected $254 million; and 9,700 people with birthdates more than 15 years in the future garnered $69 million from the government.
Hewlett Packard Enterprise shares surged Tuesday following reports activist investor Elliott Investment Management built a $1.5 billion stake in the server maker.