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ASML Lackluster Orders Miss Forecasts as Demand Recovery Awaited
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Super Micro pushes up full-year revenue forecast as it points to strong AI demand
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.CNBC - Business -
What you missed on Day 9 of Trump's trial: Gag order jail threat and testimony from Stormy Daniels' former lawyer
Jurors heard from Keith Davidson, an attorney who helped broker the hush money agreements involving Daniels and Karen McDougal.NBC News - Top stories - Donald Trump -
Australia's Manufacturing PMI Shows Signs of Recovery
Activity across Australia’s manufacturing sector improved strongly in April but it is too soon to call an end to a cyclical downswing in the sector seen over the last year.The Wall Street Journal - World - Australia -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Adidas Maintains Outlook as First Quarter Tops Forecasts
Adidas posted above-forecast profits for the first quarter, citing brand momentum, and confirmed its recently-lifted outlook for the year.The Wall Street Journal - Business -
European carmakers struggle with falling demand
Industry faces headwinds including price wars and higher interest rates that have put off consumersFinancial Times - Business - Europe -
Protesters in Israel demand deal to secure hostages release
There were mass demonstrations in Israel as thousands of protesters blocked a highway in Tel Aviv, demanding a deal to secure the release of Israeli hostages in Gaza.CBS News - World - Israel -
Embiid misses G5 shootaround with migraine
Philadelphia 76ers center Joel Embiid and forward Kelly Oubre Jr. missed shootaround Tuesday morning ahead of Game 5 of their first-round playoff series against the New York Knicks.ESPN - Sports -
Trump's Gag Order Violations Cost $9,000
The judge holds the former President in contempt at his trial and threatens jail time, but not yet.The Wall Street Journal - World - Donald Trump -
Santander Confirms Outlook Despite Profit Miss
Santander posted a below-forecast rise in first-quarter net profit, for the first quarter, but said it was on track to meet its key 2024 financial targets.The Wall Street Journal - Business
More from The Wall Street Journal
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Amazon Sales Surge as Company Focuses on AI
The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump.The Wall Street Journal - Business - Amazon -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - Business -
PG&E Nears Deal With KKR for Stake in Power Business Spinoff
The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.The Wall Street Journal - Business -
Norfolk Southern CEO Gets ISS's Backing in Proxy Fight
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.The Wall Street Journal - Business -
McDonald's Seeks to Make Menu More Affordable for Inflation-Weary Consumers
The burger chain reported slower-than-expected same-store sales growth for the first quarter.The Wall Street Journal - Business