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Crypto industry’s lobbying hit a record in 2023 — and is off to a strong start in 2024
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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 -
With JPMorgan, Mastercard on board in biometric 'breakthrough' year, you may soon start paying with your face
Biometric technology like Amazon's pay-by-palm is already in hundreds of stores. Facial recognition to buy things is next, and restaurants are already using it.CNBC - Business -
Nasdaq Reaches Record to Start Week
Tech stocks led the Nasdaq Composite to a new high as investors continued to bet on the strength of U.S. consumers and rate cuts. The S&P 500 edged higher, while the Dow slipped ahead of retailers’ earnings.The Wall Street Journal - World -
Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.Inc. - Business -
Ohtani delivers first walk-off hit as a Dodger
Shohei Ohtani delivered his second major league walk-off hit -- and first as a member of the Dodgers -- in the 10th inning that sent Los Angeles to a 3-2 victory over Cincinnati on Sunday.ESPN - Sports -
Channel crossings since start of year at record high
The number of migrants crossing the Channel since January 1 is 9,681, according to Home Office data.BBC News - Top stories -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Oil Tanker Hit by Missile Off Coast of Yemen, AFP Reports
Yahoo News - World -
Shohei Ohtani gets winning hit in Dodgers' walk-off victory
Shohei Ohtani singled in the bottom of the 10th inning to lead the Dodgers to a walk-off victory over the Reds.Yahoo Sports - Sports - MLB -
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
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Peloton unveils convertible-debt refinancing, and its stock falls 8%
Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company’s stock 8% lower in the after-hours session.MarketWatch - Business -
Zoom bumps its longer-term outlook higher, but near-term forecast comes up short
Zoom Video Communications Inc. on Monday bumped its full-year profit and sales forecast higher, after reporting first-quarter results that beat Wall Street’s expectations, helped by a broader artificial-intelligence rollout across the ...MarketWatch - Business -
Fed’s Mester says forecast of 3 rate cuts this year is now probably too many
“I was on the record before saying I was at the median [forecast] which was three,” Loretta Mester said Monday. “The developments I’ve seen in the economy right now, I would not think that that’s still appropriate.”MarketWatch - Business -
Treasury yields climb for third straight day after flurry of Fedspeak
Treasury yields ticked higher on Monday, rising for a third straight day as several senior Federal Reserve officials warned that the central bank likely faces a slower path toward reaching its inflation target.MarketWatch - Business -
Palo Alto Networks’ stock falls after earnings as forecast fails to impress
The stock was down about 10% in after-hours action Monday. It lost 28% in the session after the last earnings report.MarketWatch - Business