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Chip designer Arm's shares drop after lackluster revenue guidance
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GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
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 -
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 -
'No financial room,' German minister says as tax revenues drop
Yahoo News - World - Germany -
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 -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - 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.
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 -
Teen Who Died After Spicy ‘One Chip Challenge’ Had Enlarged Heart
A subsidiary of the Hershey Company pulled the chip from store shelves in September after Harris Wolobah, 14, ate one and died. He suffered cardiopulmonary arrest, a medical examiner found.The New York Times - Business
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Are consumers pulling back on spending? It depends which CEO you ask
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.CNBC - Business -
Iran's President Raisi is dead. What does the leadership void mean for the country and the world?
All eyes are now on what comes next for the Middle Eastern power, which is home to nearly 90 million people and backs a number of regional proxy groups.CNBC - Business -
WikiLeaks founder Julian Assange can appeal extradition to U.S., UK court rules
WikiLeaks founder Julian Assange has the right to appeal against his extradition to the U.S., a high court in London found Monday.CNBC - Business - United Kingdom -
$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Social Security's 'biggest myth' leads people to claim early, expert says. Even a slight delay can boost retirement income
Fears about Social Security's future shouldn't be the primary reason for claiming retirement benefits at 62, experts say.CNBC - Business