AMD Beats Estimates but Shares Slide on Cash Flow
The chipmaker exceeded revenue and earnings forecasts, but a fall in free cash flow margin sent the stock down 8.8% after hours and 4.5%…
Author: The Redline News Desk
The Redline News desk files and edits world reporting. Every story carries the sources it was built from, and corrections are published on the story itself.
SpaceX Revenue Up 92% but Capex Sends Shares Down
The rocket company beat on revenue and earnings in its first report since listing, but disclosed $18.4bn of quarterly capital spending aimed at AI…
Eli Lilly Revenue Jumps 48% on Obesity Drug Sales
Second-quarter revenue reached $22.97bn and adjusted earnings beat consensus by $2.37 a share, as Mounjaro sales rose 91% and the company lifted its outlook.
Thailand Stay Perfect as Myanmar Rout Laos 7-2
A late Waris Choolthong header beat the Philippines and took Thailand to nine points, while Myanmar hit seven past Laos to move level with…
EU Ceuta Talks End Without New Border Measures
Ministers agreed solidarity with Spain and five lines of work, but produced no legal instrument, no Frontex decision and no money for the Ceuta…
Dow Closes at Record as Oil Slides on Iran Hopes
The Dow gained 907 points to a record and the S&P 500 hit its first high since June, after Bessent said a Hormuz deal…
Iran and Oman Near Deal on Hormuz Shipping Route
Tehran says drafting with Muscat is nearly complete, while Bessent predicts a US deal within a day and Reuters reports the terms favour Iranian…
Dollar Drops Against Yen After US and Japan Confirm Rare Joint Intervention
Tokyo and Washington say they bought yen jointly on Friday after the currency hit a 40-year low. The dollar fell about 1 per cent…
Spokane Fires Destroy More Than 700 Buildings as Man Is Held on Arson Suspicion
Three uncontained fires have displaced about 67,000 people around Washington's second city. A man is held on $1m bond over one of them; the…
Cargo Ship Struck in Strait of Hormuz as Washington and Tehran Give Opposing Accounts of Talks
UKMTO says a vessel was hit off Oman overnight. Trump says negotiations are under way; Iran says it is talking only to Oman, and…
Myanmar Releases Rare Photographs of Aung San Suu Kyi Meeting a Red Cross Official
The military-backed government says the detained Nobel laureate, 81, met the ICRC representative in Naypyitaw. Her son says nobody has briefed him on her…
Indonesian Ferry Fire Leaves Five Dead and an Unknown Number Missing off East Java
The Mutiara Sentosa 2 caught fire between Surabaya and Makassar. Officials say they cannot yet confirm how many people were on board when it…
Russia Asks Sport Court to Lift Athletics Ban
The federation has filed for arbitration in Lausanne against a four-year exclusion, as the IOC eases its own restrictions ahead of the 2028 Los…