Murkowski: Ruling is ‘firm reminder’ of limits to presidential power

A major setback for a multinational tech firm as quarterly earnings miss expectations, triggering a stock sell-off and leadership shakeup rumors. The company attributed the miss to supply chain delays and softer demand in key markets, while reiterating its long-term growth plan.

Analysts praised the management’s proactive cost-cutting measures and improved product roadmap, but warned that near-term volatility could persist amid macroeconomic uncertainties. Investors are now awaiting next-quarter guidance and potential strategic announcements.

Meanwhile, a separate regional government announced a $5 billion infrastructure initiative aimed at expanding high-speed internet and digital services to rural areas, with several public-private partnerships expected to accelerate rollout over the next two years.