Amazons Strong Cloud Sales Help Power Revenue Gains
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Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Amazon Is Hosting a Massive Book Sale
Ebooks, paperbacks, and hardcover editions are deeply discounted through May 20.Wired - Tech - Amazon -
Stock gains in the summer are weaker when the market has been strong
This year there’s even less of a reason to expect a summer rally.MarketWatch - Business -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
Stewart helps New York top Indiana again 91-80 despite strong game from Caitlin Clark
Breanna Stewart scored 24 points to lead a balanced New York offense as the Liberty beat Caitlin Clark and the Indiana Fever 91-80 in front of a sellout crowdABC News - Sports - New York -
Eventbrite Promoted Illegal Opioid Sales to People Searching for Addiction Recovery Help
A WIRED investigation found thousands of Eventbrite posts selling escort services and drugs like Xanax and oxycodone—some of which the company’s algorithm recommended alongside addiction recovery events.Wired - Tech -
Clark helps Liberty become 1st WNBA team to have $2M+ in 1-game ticket revenue, AP source says
Indiana Fever rookie Caitlin Clark helped bring in record ticket revenue for the New York Liberty in her first game in the Big AppleABC News - Sports -
Paul Scheer was abused as a child. His new memoir helped him reclaim 'the power of my voice for my childhood'
Paul Scheer's memoir-in-essays, 'Joyful Recollections of Trauma,' centers largely around the abuse he and his mother suffered at the hands of his stepfather.Los Angeles Times - Entertainment -
Ampere scales CPU to 256 cores and partners with Qualcomm on cloud AI
Ampere announced its AmpereOne chip family will grow to 256 cores. And the company will also work with Qualcomm on cloud AI accerlators.VentureBeat - Tech -
China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies
Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloudFinancial Times - World - China -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
5 dead in 'exceptionally' strong storm in Houston
At least five people were killed when a powerful storm tore through Houston on Thursday night, officials said.ABC News - Top stories -
Thailand's Economy Grows on Strong Consumption, Tourism
The Thai economy grew in the first quarter thanks to strength in private consumption and tourism, despite continued weakness in goods exports.The Wall Street Journal - World -
Dominicans Reelect President Who Delivered Strong Economy
Yahoo News - World -
NWSL: Portland gains momentum, Utah struggles
The Portland Thorns are gaining momentum and are first in our NWSL Power Rankings this week, while the Utah Royals continue to struggle.ESPN - Sports -
When is Amazon Prime Day 2024?
The annual Amazon Prime Day savings event is approaching faster than you think.CBS News - Top stories -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
Trump Media Posts Steep Loss on Little Revenue
Trump Media & Technology Group posted a steep loss and less than $1 million in revenue in the company’s first report since going public.The Wall Street Journal - World - Donald Trump -
Trump Media Reports $770,000 in Revenue for First Quarter and Large Losses
The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-earlier period.The New York Times - Business - Donald Trump -
AstraZeneca Targets $80 Billion Revenue by 2030
AstraZeneca has set out a new revenue target as it aims to bolster its investment in technologies and platforms, and said it would develop 20 new medicines throughout the next six years.The Wall Street Journal - World -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
How to Create a Strong Financial Plan When You’re Renting Forever
Either by choice or because they are priced out of the market, many people plan to never stop renting. Building wealth without home equity requires a different mind-set.The New York Times - Business -
New South African Poll Indicates Strong Showing by Zuma’s Party
Yahoo News - World -
Solar storm frenzy of May 2024 was strong enough to affect the deep sea
Yahoo News - World -
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.The Wall Street Journal - World -
Bidet sales are flush with success
Bidets are common in Asia but are only just now catching on in America. Contributor Kelefa Sanneh finds out what's behind this recent stateside surge in interest and checks out some of the options from Toto, the global leader in bidet sales.CBS News - Top stories - Joe Biden -
The Best PS5 SSD Deals At Amazon Right Now
Outfitting your PS5 with a larger NVMe SSD for more storage space is a worthwhile upgrade. Unfortunately, NVMe SSD prices are higher than they were last year due to production costs and general shortages, so it isn't always easy to justify the ...GameSpot - Tech -
The Sims Movie Moving Forward At Amazon MGM Apparently
The Sims movie has been in development hell for years, but it seems like production may finally begin soon. Amazon MGM is officially making the film with the production company LuckyChap Entertainment, and with Barbie's Margot Robbie producing and ...GameSpot - Tech - Entertainment -
U.S. Natural Gas Futures Add to Gains on Weather, Storage Outlook
U.S. natural gas futures extended their three-weeklong rally with early season heat in Texas driving demand and prospects of a gradual reduction in inventory surpluses.The Wall Street Journal - World -
Corporate Japan’s $77bn in property gains offer target for activists
Non-real estate companies recorded big increase in property book values in 2023, according to Goldman SachsFinancial Times - World - Japan -
U.S. Natural Gas Futures Relent After String of Gains
U.S. natural gas futures snapped a four-session winning streak, pulling back from a four-month high.The Wall Street Journal - World -
Ukraine makes gains in its other war - fighting corruption
Experts say Ukraine is now making significant progress in its long struggle against corruption.BBC News - Top stories - Ukraine -
An NBA Veteran Helps Stutterers
Michael Kidd-Gilchrist has been a one-man champion for speech therapy.The Wall Street Journal - World - NBA -
Beware the Pettiness of the Powerful
Alas, some of Donald Trump’s peculiarities aren’t unique.The New York Times - Top stories -
The Extraordinary Power of Transparency in Leadership
Have you ever envisioned a workplace where secrets are as outdated as fax machines? Welcome to the bold world of transparency, where the open book management style isn't just a policy but a practice...Inc. - Business -
RFK Jr.’s Preppy Style Plays an Important Role in His 2024 Campaign
Robert F. Kennedy Jr. has a secret weapon up his rolled-up shirt sleeves.The New York Times - Lifestyle