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  • Reuters

    L3Harris raises top end of 2024 adjusted earnings outlook amid global tensions

    Following the Aerojet buyout in 2023, L3Harris suspended its merger and acquisition activity for the "foreseeable future" in efforts to strengthen its balance sheet. L3Harris also launched a review of its operational performance, cost structure and portfolio composition, which is expected to be completed by this year. Earlier this week, Reuters reported that L3Harris would cut 5% of its workforce this year as part of a cost saving measure, citing an email to employees.

  • Associated Press

    Suns' Big 3 in a big pickle, down 2-0 against the Timberwolves as series moves to Phoenix

    The Phoenix Suns and their so-called Big Three return home to the desert in a big pickle. Kevin Durant, Devin Booker, Bradley Beal and the Suns are in a 2-0 hole heading into Friday's Game 3 of their Western Conference first-round playoff series against the Minnesota Timberwolves, who looked mostly dominant in a pair of double-digit wins in the first two games. There are two more Game 3s on Friday, including Bucks at Pacers and Clippers at Mavericks.

  • Yahoo Finance Video

    Alphabet stock pops off on Q1 earnings beat, cash dividend

    Alphabet (GOOGL, GOOG) declares a cash dividend of $0.20 per share to investors while reporting a first-quarter earnings beat; the Google parent company topped expectations on the top and bottom lines, posting adjusted earnings of $1.89 per share (against estimates of $1.53) and $67.59 billion (against estimates of $66.07 billion). And Alphabet's stock is overjoyed, surging as high as 13% in Thursday's after-hours trading session. Yahoo Finance Markets Reporter Josh Schafer joins Julie Hyman and Jared Blikre on Market Domination Overtime to break down the tech giant's quarterly results, comparing and contrasting Alphabet's earnings performance to that of Big Tech peers such as Meta Platforms (META). For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.