China Vanke Shares Slump After Soft Results
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Shares in Trump Media slump after former president convicted in hush money trial
Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, are slumping before the opening bell after former President Donald Trump was convicted in his hush money trialABC News - Tech - Donald Trump -
JD Sports shares slump as retailer scrapes bottom end of profit guidance
JD Sports reported an 8% drop in its pre-tax profits, to £917 million, that saw it achieve the bottom end of its £915-£925 million guidanceMarketWatch - Business -
MongoDB shares sink 23% after management trims guidance
CEO Dev Ittycheria cited slower-than-expected cloud database consumption growth during the quarter, which led MongoDB to lower its fiscal 2025 guidance.CNBC - Business -
Nordstrom shares fall after wider-than-expected first-quarter loss
Nordstrom Inc. shares fell 5.6% in extended trading Thursday after the company reported a wider-than-expected first-quarter loss, although revenue topped analysts’ estimates.MarketWatch - Business -
Trump Media shares swing wildly and then tumble a day after former president was convicted
Shares of Trump Media & Technology Group, the owner of social networking site Truth Social, have fallen after former President Donald Trump was convicted in his hush money trialABC News - Tech - Donald Trump -
ANC vote collapses in historic South Africa election result
The party once led by Nelson Mandela has its worst election since the end of apartheid 30 years ago.BBC News - Top stories -
South Africa's ANC has to share power after election blow
Cyril Ramaphosa has led the ruling ANC to its worst result since it won the first democratic vote in 1994.BBC News - Top stories -
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Oil Falls After U.S. Gasoline Inventories Build, Disappointing China Data
Oil prices extended their recent losses following an unexpected build in U.S. gasoline inventories and disappointing factory activity in China.The Wall Street Journal - World - China -
Gap Snaps Slump With Sales Gain
The company posted higher quarterly sales in an early sign that its new leader’s plan for turning around the beleaguered retailer is starting to pay off.The Wall Street Journal - Business -
South Africa's election portal resumes showing partial results after brief glitch
Live updates with partial results from South Africa's parliamentary polls reappeared on the electoral commission's website, following a glitch.CNBC - Business -
Trump Media shares tumble after Donald Trump found guilty on 34 felony counts
Shares of Trump Media dipped as much as 8% the day after the company's largest stockholder, former President Donald Trump, was convicted of 34 felony counts.CNBC - Business - Donald Trump -
Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty has been a strong performer for retailers as they face a consumer pullback in light of persistently higher costs.CNBC - Business -
UK government cuts NatWest stake after suspending plans for retail share sale
Disposal of £1.24bn of shares via a buyback reduces state’s holding to under 23%Financial Times - Business - United Kingdom -
Trump Media bounces back after conviction of the former president sent shares of social media company tumbling overnight
Trump Media bounces back after conviction of the former president sent shares of social media company tumbling overnightABC News - Tech - Donald Trump -
Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown.NBC News - Top stories -
China denounces US-UK engagement of Taiwan shortly after election of new president
China's Defense Ministry has denounced U.S. and U.K. affirmations of support for Taiwan's newly elected government shortly after the island that Beijing claims sovereignty over freely chose its new leadersABC News - World - China -
U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft
U.S. crude oil having its worst monthly performance since December.CNBC - Business -
Pending home sales in April slump to lowest level since the start of the pandemic
Pending home sales were down in every region of the country, but they fell hardest in the Midwest and West.CNBC - Business -
Pending home sales in April slump to lowest level since the start of the pandemic
Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of Realtors.NBC News - Top stories -
Dell Cites Rising AI Server Costs As Profits Slump
The computer maker said it would miss its earlier estimates for the current quarter, sending shares down sharply.Inc. - Business -
Shohei Ohtani's perfect remedy for a slump was comically bad Mets and their glove-tossing reliever
Dodgers manager Dave Roberts (probably) couldn't forecast this level of Mets ineptitude, but he did predict an Ohtani breakout in his pregame media scrum.Yahoo Sports - Sports - MLB -
Austin expresses 'concern' to China defense chief over its activities in Taiwan Strait
The meeting between the two sides was the first in person talk between Chinese and U.S. defense chiefs since November 2022.CNBC - Business - China -
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Police couple shared footage from murder probe
A constable and his police colleague wife are jailed after admitting misconduct in a public office.BBC News - Top stories -
Konami Shares Return To Silent Hill Movie Teaser
Earlier this week, Konami's Silent Hill Showcase offered fans a look at the upcoming remake of Silent Hill 2 as well as the new movie, Return to Silent Hill, which is based on the same story. While there wasn't a lot of footage from Return to ...GameSpot - Tech - Entertainment -
Yormark: Big 12 'relevant,' to share record $470M
Big 12 schools will share in a record $470 million of revenue distribution, the conference announced Friday when wrapping up its first spring meetings as a 14-team league and before growing by two more teams.ESPN - Sports -
China Lifts Ban on Most Australian Beef Exporters
China has lifted suspensions on five Australian meat exporters, the Australian government said on Thursday, in a further sign of steadily warming ties between the two countries.The Wall Street Journal - Business - China -
China accuses US of seeking ‘Asia-Pacific Nato’
PLA general blames Washington for tension as Pentagon chief says allies seek ‘convergence’ on defence and securityFinancial Times - Business - China -
China spacecraft to try to land on Moon's far side
The mission hopes to bring rocks back to earth from the far side of the Moon for the first time.BBC News - Top stories - China -
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South Africans Turn Away from ANC in Early Election Results
As votes trickled in, the power and influence of the African National Congress, which has led the country for 30 years, appeared to be waning.The New York Times - World -
ANC on course to lose majority, partial South Africa results suggest
The ANC could lose its majority in parliament for the first time since the end of apartheid 30 years ago.BBC News - Top stories -
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Trial results for new lung cancer drug are ‘off the charts’, say doctors
More than half of patients with advanced forms of disease who took lorlatinib were still alive after five years with no progression. Doctors are hailing “off the chart” trial results that show a new drug stopped lung cancer advancing for longer ...The Guardian - World -
Google to refine AI-generated search summaries in response to bizarre results
After new feature tells people to eat rocks or add glue to pizza sauce, company to restrict which searches return summaries. Google announced on Thursday that it would refine and retool its summaries of search results generated by artificial ...The Guardian - World - Google -
Autodesk Won't Restate Financial Results Following Accounting Probe
The company also said Chief Financial Officer Deborah Clifford would become chief strategy officer and it named board member Betsy Rafael interim CFO.The Wall Street Journal - World -
South Africa's ruling ANC on the brink of losing majority in landmark election result
The African National Congress party has lost its parliamentary majority in a historic election result that puts South Africa on a new political path for the first time since the end of the apartheid system of white minority rule 30 years agoABC News - World -
Salesforce shares tumble 20% in worst day since 2004
Salesforce stock fell Thursday after the company released weaker-than-expected fiscal first-quarter results on Wednesday.CNBC - Business -
Saudi Arabia to sell $12bn worth of Saudi Aramco shares
Offering in world’s largest oil exporter to be set in range of SR26.7-SR29 as kingdom seeks fresh capitalFinancial Times - Business