Earnings Results Apple Earnings Show Steepest Sales Decline in More Than 6 Years
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Broncos reportedly declining 5th-year option on QB Zach Wilson
Wilson is now scheduled to become a free agent next offseason.Yahoo Sports - Sports - NFL -
As expected, Cowboys decline fifth-year option on Trey Lance's contract
The Cowboys will not exercise the fifth-year option on quarterback Trey Lance's contract, Todd Archer or ESPN reports.Yahoo Sports - Sports - NFL -
Report: Cowboys to decline fifth-year option on ex-49ers QB Lance
The Dallas Cowboys reportedly will decline to pick up the fifth-year option on Trey Lance's contract for the 2025 NFL season.Yahoo Sports - Sports - NFL -
Apple is set to throw billions more in cash at investors as its stock slumps
Apple is expected to boost its buyback program by another $90 billion this year, while also upping its dividend.MarketWatch - Business - Apple -
Huawei's Net Profit Rose More Than Sixfold
Huawei Technologies’ net profit rose more than sixfold in the first quarter, helped by a jump in the Chinese telecommunication equipment maker’s smartphone sales in China.The Wall Street Journal - Business -
WegovySales More Than Double as Demand Soars
Novo Nordisk raised its full-year guidance to reflect better pricing in the U.S. and as global demand for its hit weight-loss and diabetes drugs continues to outstrip supply.The Wall Street Journal - World -
WegovySales More Than Double as Demand Soars
Novo Nordisk raised its full-year guidance to reflect better pricing in the U.S. and as global demand for its hit weight-loss and diabetes drugs continues to outstrip supply.The Wall Street Journal - Business -
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
Across all regions, Starbucks reported shrinking same-store sales and falling traffic.CNBC - Business -
Moderna posts better-than-expected quarterly results as it looks to fall RSV vaccine launch
Moderna on Thursday reported a narrower-than-expected first-quarter loss as the COVID vaccine maker looks launch its second product in the U.S. later this year.MarketWatch - Business -
Coca-Cola beats first-quarter earnings estimates, raises annual revenue outlook
Coca-Cola Co. reported better-than-expected first-quarter results before market open Tuesday, boosted by what the beverage giant described as “a dynamic backdrop.”MarketWatch - Business -
Vinícius Júnior gives Real Madrid edge in semi-final after Kane rouses Bayern
These are Real Madrid’s principles, and if you don’t like them … well, they have others. Here Bayern Munich forced Carlo Ancelotti’s side to play not one game but several: an early defensive rearguard, a gradual arm-wrestle for control, a chaotic ...The Guardian - World -
CVS shares plummet as health company slashes profit outlook on higher medical costs
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.CNBC - Business -
Taco Bell parent Yum Brands’ stock slides on first-quarter earnings and revenue miss
Yum Brands’ CEO David Gibbs described “a difficult operating environment” during the first quarter.MarketWatch - Business -
Interest earned by big UK high street banks on BoE reserves surges to £9.2bn
MP highlights scale of lenders’ ‘unanticipated income’ in 2023, but acknowledges some progress towards better savings rates for consumersFinancial Times - Business - United Kingdom -
Stocks pop after Fed decision, oil plunges, earnings mixed — what to watch in the market
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Ross Stripling earns his first win since 2022 as Athletics blank Pirates 4-0
Ross Stripling threw six strong scoreless innings to earn his first win in nearly two years, and the Oakland Athletics hit two home runs to beat the Pittsburgh Pirates 4-0 to complete their first series sweep of the seasonABC News - Sports - MLB -
Interest earned by big UK high street banks on BoE reserves surges to £9.2bn
MP highlights scale of lenders’ ‘unanticipated income’ in 2023, but acknowledges some progress towards better savings rates for consumersFinancial Times - World - United Kingdom -
Micron, GM join Big Tech on this list of 20 biggest winners this earnings season
Companies in the S&P 500 increasing sales by double digits while improving profit margins also include Netflix, two home builders and American Express.MarketWatch - Business -
Shares of Nio soar more than 20% as EV deliveries more than double in April
Hong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April.CNBC - Business -
Apple juice recalled due to high arsenic levels, sold at Whole Foods, Kroger and more
Apple juice from Martinelli's sold at five major grocery retailers has been recalled due to high levels of arsenic.ABC News - Top stories - Apple -
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 -
Pfizer’s first-quarter results top estimates, while drugmaker boosts full-year profit outlook
Pfizer on Wednesday reported first-quarter results that beat analyst expectations, and raised its full-year profit guidance as cancer and heart-disease drugs helped offset plummeting COVID product sales.MarketWatch - Business -
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Shares of CVS Health Corp. plunged Wednesday toward their biggest selloff in 15 years, after the pharmacy and healthcare-services company missed first-quarter earnings expectations as the Medicare Advantage business weighed heavily on results.MarketWatch - Business -
Why Musk Now Needs China More Than It Needs Him
China used Elon Musk’s trip to promote its message that it is open to American businesses, despite rising tensions with the U.S.The Wall Street Journal - Business - China -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
Biden forgives more than $6B in student debt for 317K defrauded borrowers
The Biden administration announced Wednesday it would be forgiving $6 billion in student debt for borrowers who attended the Arts Institutes. The 317,000 borrowers will receive the relief after it was discovered the school “falsified data, ...The Hill - Politics - Joe Biden -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
New York police storm Columbia and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York -
Antony Blinken tells Israel and Hamas that ‘time is now’ for a deal
Secretary of state says militant group must accept latest proposal but reiterates US opposition to Rafah offensiveFinancial Times - Business - Israel -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
Column: No one has more contempt for America than Donald Trump himself
Being found in contempt of court in his ongoing hush money trial is just the latest example: The former president has no respect for the country or citizens he's running to lead.Los Angeles Times - Entertainment - Donald Trump -
Biden administration gives more than $26 million in clean energy grants
The Biden administration said Wednesday that it will give more than $26.9 million in grants in support of clean energy projects across the country. “Energy efficient upgrades are a surefire way to bring down costs and shore up resiliency for ...The Hill - Politics - Joe Biden -
Extremist Militias Are Coordinating in More Than 100 Facebook Groups
After lying low for years in the aftermath of January 6, exclusive reporting shows, militia extremist groups and profiles have been quietly reorganizing and ramping up recruitment and rhetoric on Facebook.Wired - Tech - Facebook -
More than 700 people arrive by small boats in a day
A total of 711 people were detected crossing the English Channel on Wednesday.BBC News - Top stories -
New York Community Bancorp’s stock jumps more than 30% after reporting narrower-than-expected loss
New CEO Joseph Otting sees a “path to profitability” in the next two years.MarketWatch - Business - New York -
Pandora Lifts Sales Outlook After Strong Start to Year
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.The Wall Street Journal - World -
Pandora Lifts Sales Outlook After Strong Start to Year
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.The Wall Street Journal - Business -
Moderna loses less than expected as Covid vaccine sales beat estimates, cost cuts take hold
The company reiterated its full-year 2024 sales guidance of roughly $4 billion, which includes revenue from the expected launch of its RSV vaccine.CNBC - Business - Covid -
Fantasy Football 2024 one-QB rookie-only post-NFL Draft mock results, recap: Drake Maye slides far, more
Here's how we're drafting the rookies in one-QB after the 2024 NFL DraftCBS Sports - Sports - Fantasy Football -
I’m in my 50s, earn over $200,000, own a $1.75 million home and have $4 million in savings. Should I pay off my 2.75% mortgage?
“My business has been doing well lately, and I am able to take nice owner distributions of $10,000 to $30,000 per month,”MarketWatch - Business