Author: i2wtc
The Instacart logo is seen on a smartphone and on a PC screen.Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesInstacart’s second-quarter earnings topped estimates and the grocery delivery company issued strong guidance after the bell Thursday.Shares jumped more than 6% in extended trading.Here’s how the company did versus LSEG estimates:Earnings per share: 41 cents vs. 38 cents expectedRevenue: $914 million vs. $896 million expected”We delivered another strong quarter, reinforcing the essential role we play in helping families save time, money, and effort putting food on the table,” wrote outgoing CEO Fidji Simo in a shareholder letter to employees.Simo,…
Song Wanling (R), a doctor of a maternal and child health care hospital in Baiyin, offers free consultation services at the “Traditional Chinese Medicine (TCM) Night Market” in Baiyin City, northwest China’s Gansu Province, July 15, 2025. (Xinhua/Guo Gang)By Liu HeAs temperatures rise across the country this summer, China’s night markets have become a vibrant hub of activity, providing a refreshing escape from the daytime heat. This year, a new trend has emerged: Traditional Chinese Medicine (TCM) night markets. Their growing popularity reflects a rising demand for healthier, traditional lifestyle options.Seeking TCM treatment is usually a time-consuming process, as getting…
Listen to article ISLAMABAD: Minister for State for Interior Talal Chaudhry on Thursday ruled out the possibility of any fresh military operation in Khyber-Pakhtunkhwa (K-P), maintaining that the ongoing counter-terrorism efforts under the National Action Plan (NAP) would continue without interruption. Responding to concerns raised by Pakistan Tehreek-i-Insaf (PTI) lawmaker Asad Qaiser and Pakistan Peoples Part (PPP) MNA Shazia Marri during a National Assembly session chaired by Speaker Ayaz Sadiq, the minister made it clear that the state’s resolve to combat terrorism remained unwavering. “Let me be clear, NAP operations will not be stopped by anyone, no matter who they are,” he…
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025.Patrick T. Fallon | AFP | Getty ImagesPinterest shares were down more than 10% on Thursday after the company reported second-quarter earnings that missed on earnings per share.Here’s how the company did, compared to analysts’ consensus estimates from LSEG:Earnings per share: 33 cents adjusted vs. 35 cents expectedRevenue: $998 million vs. $975 million expectedSales in Pinterest’s second quarter grew 17% year over year while net income was $38.76 million, up from $8.9 million a year…
KARACHI: Flames engulfed a five-storey factory in Karachi’s Landhi Export Processing Zone (EPZ) on Thursday morning causing the building to collapse and injuring at least three workers. According to Rescue 1122, the labourers attempted to exit the building when the fire broke out and were able to evacuate with the fire officers’ assistance. The chairperson of the Landhi EPZ told the media that site’s own fire tender reached the site first and then more fire tenders were called. Factories nearby were evacuated as well given the scale of the fire. This marks the fourth factory fire in Landhi EPZ in the…
Block shares jumped 6% in extended trading on Thursday after the fintech company increased its forecast for the year.Here is how the company did, compared to analysts’ consensus estimates from LSEG.Earnings per share: 62 cents adjusted vs. 69 cents expectedRevenue: $6.05 billion vs. $6.31 billion expectedRevenue fell close to 2% from $6.16 billion a year earlier. Block said gross profit rose 14% from a year earlier to $2.54 billion, beating analysts’ estimates of $2.46 billion for the quarter. Gross payment volume at Square increased 10% to $64.25 billion, while Cash App recorded GPV of $2.37 billion.Block raised its guidance for…
Listen to article The National Electric Power Regulatory Authority (NEPRA) has approved a relief of Rs1.89 per unit in electricity tariff for consumers across the country under the quarterly adjustment charges for April–June 2025. The power tariff cut—expected to bring Rs55.87 billion in relief—will apply across the country, including K-Electric consumers. However, lifeline and pre-paid meter users are excluded from the benefit. Read More: Power consumers may get Rs0.77 per unit relief The adjustment will be effective for three months, from August to October 2025, subject to final approval by the federal government. The decision comes after distribution companies requested tariff reductions under…
WASHINGTON, DC August 6: US President Donald Trump shakes hands with CEO of Apple Tim Cook during a meeting in the Oval Office of the White House on Wednesday August 6, 2025. Demetrius Freeman | The Washington Post | Getty ImagesPresident Donald Trump has made clear that he wants Apple to make iPhones in the U.S.Apple CEO Tim Cook is doing what he can to appease the commander in chief, without making that ultimate concession.Cook on Wednesday appeared at the White House with President Trump to announce plans to spend about $600 billion over four years in the U.S. Apple…
U.S. President Donald Trump speaks, as he makes an announcement on the economy, in the Oval Office at the White House in Washington, D.C., U.S., August 7, 2025. Jonathan Ernst | ReutersU.S. President Donald Trump on Thursday signed a memorandum that requires universities to collect admissions data to prove they are not engaged in efforts to shape their student bodies along racial lines, according to the White House.But the largest higher education policy and lobbying organization in the U.S. said the wording of the memo was vague. The American Council on Education also said it may be illegal for schools…
Listen to article LAHORE: With monsoon activity intensifying across Pakistan, the authorities concerned have issued fresh warnings and taken precautionary measures as flood risks loom, particularly in Punjab and parts of Khyber-Pakhtunkhwa, Gilgit-Baltistan and Azad Jammu and Kashmir. Despite the active monsoon, water flow in major rivers — including the Indus at Tarbela, Kalabagh, Chashma, and Taunsa — remains within normal levels, as do tributaries of the Chenab, Jhelum, Ravi, and Sutlej. Tarbela Dam is currently 96% full, Mangla Dam is at 62% capacity, and Indian reservoirs are reportedly at 56% capacity, according to PDMA data. Read More: Hub dam project to…