Dow Jones Newswires Tesco Backs Forecasts after Strong Christmas Sales
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Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
Forecasting Steven Stamkos' free agency: Six possible landing spots for Lightning star, including Maple Leafs
Stamkos' time in Tampa may be at an end after 16 seasonsCBS Sports - Sports -
Fearing Trump’s tariffs, one bank has ratcheted up rate forecasts — in Australia
In the world of finance everything’s connected, including the likelihood of President Donald Trump returning to office and Australian interest rates.MarketWatch - Business - Australia -
Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
Qualcomm called out strong demand for "premium tier" smartphones that require the most advanced chips.CNBC - Business -
Zillow forecasts slower second quarter, amid caution among first-time buyers and agents
Online real-estate listing service Zillow Group Inc. on Wednesday forecast second-quarter sales that were below expectations, as a stalled housing market weighs on first-time homebuyer demand and pushes some real-estate agents to the sidelines.MarketWatch - Business -
DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.
Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S. restaurant business, and it offered a second-quarter forecast for a key demand metric ...MarketWatch - Business -
McDonald's Boosts Promos as Boycotts Hit Global Sales
On an earnings call, CEO Chris Kempczinski says inflation is cutting diner budgets and Muslim-majority markets are experiencing slower sales.Inc. - Business -
Volkswagen Hit by Drop in Car Sales But Confirms Outlook
Volkswagen posted lower sales revenue and profit margins in the first quarter on fewer vehicle sales and higher costs, but backed its full-year outlook.The Wall Street Journal - Business -
Hot Property: five homes for sale in the Midi-Pyrénées
From a Gascon château with a pigeonnier and orangery to a rustic, renovated house with a libraryFinancial Times - World -
Amazon sales soar with boost from artificial intelligence and advertising
Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectations. Amazon profits soared once again in the first quarter of 2024, the company announced on Tuesday – the latest in a ...The Guardian - World -
Amazon Sales Surge as Company Focuses on AI
The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump.The Wall Street Journal - Business - Amazon -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Sheryl Sandberg Screams Back at the Silence
A powerful new documentary gives voice to the rape victims of Oct 7.The New York Times - Top stories -
Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon has reported strong results for the first quarterABC News - Tech -
Trend-following hedge funds are off to a strong start in 2024. Does the strategy deserve a spot in your portfolio?
Trend-following funds continued a run of strong performance in April, even as a selloff in stocks disrupted one of their biggest moneymaking trades.MarketWatch - Business -
Mercedes-Benz Posts Profit Beat Despite Lower Car Sales
Mercedes-Benz reported lower profit and revenue for the first quarter fell on fewer cars sales and supply-chain bottlenecks but confirmed its guidance for the year.The Wall Street Journal - Business -
Former Italian foreign minister convicted for role in sale of Monte Carlo apartment
Yahoo News - World -
Amazon Sales Surge as Company Trains Focus on Artificial Intelligence
The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s post-pandemic slump.The Wall Street Journal - World -
Russell Wilson and Ciara to Pocket $31 Million From Sale of Washington Estate
The famous couple have found a buyer for their 11,000-square-foot Bellevue mansion, after recently selling an adjacent lot for $9.75 million.The Wall Street Journal - World -
Paramount CEO Bob Bakish to step down amid sale discussions
Paramount said long-time CEO Bob Bakish will leave the company, which is in discussions to explore a sale or merger.CBS News - Entertainment -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
How a negotiation over cable fees could weigh on Paramount's sale
Charter pays Paramount to carry its channels, including CBS and Nickelodeon. The outcome of the negotiations could weigh on Paramount's valuation in the event of a sale.Los Angeles Times - Entertainment -
Boca Raton's Most Expensive Home Sale Is a $40 Million Teardown
A luxury home builder purchased the waterfront lot with plans to knock down the 1990s house and rebuildThe Wall Street Journal - World -
Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.The New York Times - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
KFC and Pizza Hut reported same-store sales declines, while Taco Bell's same-store sales rose just 1%.CNBC - Business -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.The Wall Street Journal - World - China -
Healthy Returns: Sales of Humira are plunging, but AbbVie has two promising successors
AbbVie has two successors that could offset the losses from its blockbuster drug Humira. Meanwhile, UnitedHealth Group's CEO will testify on Capitol Hill.CNBC - Business -
Dorset auction house withdraws Egyptian human skulls from sale
MP says trade in remains is ‘gross violation of human dignity’, as skulls from Pitt Rivers collection removed. An auction house has withdrawn 18 ancient Egyptian human skulls from sale after an MP said selling them would perpetuate the atrocities ...The Guardian - World -
Venice entry fee tickets go on sale. Here's how they work
Venice's long awaited entry fee for day trippers launched on April 25. Here's how to pay, and how to claim an exemption if you're staying in the city.CNN - Top stories -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.The Wall Street Journal - World - China -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.The Wall Street Journal - Business - China -
Apple Anticipates iPhone Sales Drop Before AI Gets Into New Models
Cupertino's slow rollout of AI-equipped phones and Huawei's China sales surge add up to predictions of underperformance ahead of Thursday's earnings report.Inc. - Business - Apple -
Etsy shares plunge 16% on decline in gross merchandise sales
Etsy Inc.’s stock plunged 16% in after-hours trading Wednesday after the company posted quarterly results that included a decline in gross merchandise sales.MarketWatch - Business -
Alo’s Aloversary sale is here — shop our favorite items for 30% off
Alo is celebrating its birthday with its annual Aloversary sale. Save 30% off sitewide across clothing, workout equipment and beauty categories.NBC News - Top stories -
Biden said he’d take another stab at a border bill — but nothing appears in the works
‘They pulled a rabbit out of a hat on Ukraine, but there’s no chance they’re getting anything out of Mike Johnson’s House on border security’Politico - Politics - Joe Biden -
Biden said he’d take another stab at a border bill — but nothing appears in the works
‘They pulled a rabbit out of a hat on Ukraine, but there’s no chance they’re getting anything out of Mike Johnson’s House on border security’Politico - Politics - Joe Biden -
Biden said he’d take another stab at a border bill — but nothing appears in the works
‘They pulled a rabbit out of a hat on Ukraine, but there’s no chance they’re getting anything out of Mike Johnson’s House on border security’Politico - Politics - Joe Biden