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CVC Soars in of Amsterdam Trading Debut
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Reddit shares soar 14% after company reports revenue pop in debut earnings report
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.CNBC - Business -
Shares of Puig jumped above their listing price on their trading debut in Spain after the world's biggest IPO so far this year.
Shares of Puig jumped above their listing price on their trading debut in Spain after the world’s biggest IPO so far this year.The Wall Street Journal - World -
Luis Arraez trade: Two-time batting champion becomes first player with four hits in Padres debut
San Diego landed Arraez in a trade Saturday morningCBS Sports - Sports - MLB -
Police break up pro-Palestinian camp at Amsterdam university
Campus protests by pro-Palestinian activists have spread across Europe as some call for a break in academic ties with Israel over the war in GazaABC News - World -
Germans grill Olaf Scholz over soaring cost of doner kebabs
Die Linke party is among those calling for a Dönerpreisbremse or price cap on the hugely popular street food. The soaring cost of doner kebabs has led to growing calls in Germany for a government subsidy programme to keep the inflation-hit dish, ...The Guardian - World -
Soaring remittances to developing nations overtake foreign direct investment
Report finds money sent home by people who have migrated was $831bn in 2022, 650% up on 2000. Remittances sent home by people who have migrated abroad have outstripped foreign direct investment in developing nations for the first time, a new ...The Guardian - World -
Recovery seen ahead for German chip maker Infineon, sending shares soaring
Shares of Infineon AG stood out as a top performer in Europe on Tuesday, as analysts shook off another sales guidance cut from the German chip maker to focus on recovery hopes.MarketWatch - Business - Germany -
Peloton’s stock soars 14% on report private equity firms are considering a buyout
Peloton was a pandemic success story when stay-at-home mandates encouraged demand for its equipment and software but it has since lost its way.MarketWatch - Business -
Reddit shares soar on revenue beat, narrower-than-expected loss in first post-IPO results
Reddit Inc. reported its first results as a public company Tuesday, with the social-media platform reporting better-than-expected revenue and a narrower-than-expected loss for the first quarter.MarketWatch - Business -
Wynn Resorts’ profit soars thanks to higher revenue across all segments
Wynn Resorts posted a higher profit in the first quarter as all four of the company’s segments logged higher operating revenues.MarketWatch - Business
More from The Wall Street Journal
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Disney Pares Streaming Losses; Shares Fall on Loss, Earnings Outlook
The entertainment giant added streaming customers as it swung to a loss as a result of a charge from an India media venture.The Wall Street Journal - Business -
Elon Musk Dispatches Tesla's 'Fireman' to China Amid Slowing Sales
Tom Zhu, one of the three executives named on Tesla’s website, is coming back to China as the carmaker seeks to launch Autopilot features there.The Wall Street Journal - Business - China -
They Started Hand-Sanitizer Businesses During Covid. How Are They Doing Now?
Consumers couldn’t get enough of the product during the pandemic. But as demand cooled, some startups found they had to pivot.The Wall Street Journal - Business -
Tesla Told to Detail Driver Warnings, Miles Driven With Autopilot
The National Highway Traffic Safety Administration asked the automaker to explain the process and rationale for many of its recall remedies.The Wall Street Journal - Business - Tesla -
Instacart, Uber Join Forces to Add Uber Eats to Instacart App
The two companies announce the partnership as they face competition from common rival DoorDash.The Wall Street Journal - Business