Canopy Growth’s drop in adult-use pot sales snuffs out cannabis-stock momentum
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Trump Lawsuits Against Media Gain Momentum
First Amendment experts say Mr. Trump’s lawsuits, based on an unproven legal theory, lack merit. But more could be on the way.The New York Times - 1h -
Global chip sales rose 19.1% in 2024 and will hit double digit growth in 2025 thanks to AI | SIA
Global semiconductor chip sales rose 19.1% to $627.6 billion in 2024 and growth is expected to grow double-digit percentages in 2025.VentureBeat - 7h -
Amazon Reports 88% Rise in Profits but Says Growth Could Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.The New York Times - 17h -
Tesla’s European Sales Drop in January After Elon Musk Disrupts Politics
The U.S. electric car company’s sales are sliding across Europe, amid what many see as interference in local affairs by Tesla’s chief executive, Elon Musk.The New York Times - 1d
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Profitable cement company Titan America touts Florida, Mid-Atlantic reach in IPO
Titan America’s IPO raises $384 million by pricing toward the low end of its range.MarketWatch - 18m -
Trump, Congress budget talks send risks soaring for Social Security and Medicare
Deficits galore are threatening Americans’ retirement security.MarketWatch - 47m -
Consumer sentiment drops sharply in February as inflation worries soar
The University of Michigan’s gauge of consumer sentiment fell to 67.8 in a preliminary February reading, down from 71.1 in the prior month and the lowest reading since July.MarketWatch - 1h -
Frontier Air’s stock rallies as its rosier outlook, new routes wow Wall Street
Frontier plans an expansion to cities such as Reno, Nev.; and Tuscan, Ariz.MarketWatch - 1h -
Amazon warned of ‘lumpy’ cloud trends. Why these analysts aren’t worried.
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if it didn’t see strong long-term demand.MarketWatch - 1h
More in Business
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Vance tells Musk that DOGE staffer who resigned for racist tweets should be re-hired
Marko Elez was on the DOGE team formed by Elon Musk and tasked by President Donald Trump with cutting federal spending and reducing the government workforce.CNBC - 6m -
Amazon scrubs DEI mention from its annual report
Amazon has removed any references to diversity and inclusion from its most recent annual report.CNBC - 11m -
The Super Bowl Ads, Ranked
Here is our critic’s evolving survey of this year’s Super Bowl commercials, from best to worst.The New York Times - 14m -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 15m -
Live Updates: U.S. Hiring Slowed in January
Employers added 143,000 jobs last month, signaling a more subdued labor market even as the unemployment rate edged down to 4 percent.The New York Times - 16m