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BBVA Lifts Outlook After First-Quarter Profit Beat
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Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Why Jim Cramer says Costco is the 'stock to buy off of' Walmart's big quarterly beat
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
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 -
USC paid nearly $20 million in Lincoln Riley's first season after poaching coach from Oklahoma, per report
The Trojans paid a king's ransom for the splash hireCBS Sports - Sports -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
Germany's parliament lifts immunity for prosecution of a far-right lawmaker
Yahoo News - World -
UK to lift ban on debit card use on gaming machines
Move designed to boost physical venues under pressure from online bettingFinancial Times - Business - United Kingdom -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World
More from The Wall Street Journal
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With America Off-Limits, China EV Makers Aim to Conquer Rest of World
Carmakers in China are accelerating a sales push in Europe and Southeast Asia and are looking to produce more abroad.The Wall Street Journal - Business - China -
Walmart's Reign as America's Biggest Retailer Is Under Threat
With Amazon on its heels, the nation’s biggest company by revenue is hunting for ways to continue growing.The Wall Street Journal - Business -
Boeing Violated Criminal Settlement After 737 MAX Crashes, Justice Department Says
The U.S. government could seek to extend a probationary period for the plane maker or prosecute it for earlier misconduct.The Wall Street Journal - Business -
Red Lobster Preparing to File for Bankruptcy Protection This Month
The casual-dining chain is aiming to restructure agreements with landlords and creditors to reduce its debt.The Wall Street Journal - Business -
Nvidia's Jensen Huang Gets 60% Pay Bump
Huang’s stock awards were valued about $7 million higher than in fiscal 2023, and he received a $4 million cash bonus.The Wall Street Journal - Business