Earnings Results Billcom Stock Drops 20 As Weak Revenue Forecast Overshadows Earnings Beat
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Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks
The veteran investor’s recipe: Find a good business with good management, buy the stock at a reasonable price and hold long-term.MarketWatch - Business -
Kevlar, Tyvek parent DuPont’s stock surges after big profit beat, raised outlook
CEO Ed Breen says results confirm that electronics business is now past the bottom, and “on road to recovery.”MarketWatch - Business -
Natural Gas Falls on Weak Demand
U.S. natural gas futures settled lower with soft demand and the hefty storage overhang weighing on the market despite lower U.S. production.The Wall Street Journal - World -
Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
EU investigates ‘greenwashing’ at 20 airlines
Environmental claims come under scrutiny, including the benefits of offsetting emissions from flyingFinancial Times - Business - European Union -
China Vanke Shares Slump After Soft Results
The property developer’s shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.The Wall Street Journal - Business - China -
Adidas Maintains Outlook as First Quarter Tops Forecasts
Adidas posted above-forecast profits for the first quarter, citing brand momentum, and confirmed its recently-lifted outlook for the year.The Wall Street Journal - Business -
Poland probes state oil group’s Swiss subsidiary for alleged Hizbollah links
Orlen Trading Switzerland investigated for losses on trades and potential connections to Iran-backed groupFinancial Times - World -
Iran commutes a tycoon's death sentence to 20 years in prison
Iran’s official IRNA news agency reported that a tycoon's death sentence has been commuted to 20 years in prison after he returned around $2.1 billion in assets from illegally selling oil abroadABC News - World - Iran -
Funko Fusion Crams Over 20 Universal Franchises Into One Adventure
Funko Pops have become one of the top collectibles in the world while featuring characters from top movies, TV shows, and video games. 10:10 Games, in partnership with Funko, is bringing them to life with the power of over 20 franchises from the ...GameSpot - Tech -
Therabody’s popular massage gun is 20% off on Amazon right now
The Theragun massager is on sale on Amazon for $239. Plus, other products from the brand are on sale for up to 60% off.NBC News - Top stories -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - World - European Union -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - Business - European Union -
Top 20 Best-Selling Games For March 2024 In The US
March's Top GamesCircana, the research firm formerly known as NPD, has released its monthly sales report that covers US games sales in the month of March. In addition to revealing the best-selling games of that month, it also covers key indicators ...GameSpot - Tech -
CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecastABC News - Top stories -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
Weak Equities Could Give Dollar an Extra Lift if Fed Points to Rate-Cut Delays
Equity markets falling while the Fed pushes back on interest-rate cut prospects due to persistently high inflation during Wednesday’s announcement, could be a boon for the dollar, ING said.The Wall Street Journal - World - Federal Reserve -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
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 -
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 -
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 -
UFL 2024 schedule, scores: Times, dates, results for regular season and playoffs of new United Football League
Here's a look at the full 2024 UFL season scheduleCBS Sports - Sports - NFL -
Pinterest Records Higher Revenue, Narrower Loss
The social-media platform surpassed half a billion monthly active users and reporting 23% revenue growth, its fastest user and revenue growth since 2021. Shares rose 16% premarket.The Wall Street Journal - World -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Where we're headed: Revenue sharing with college athletes
What does a settlement of the House v. NCAA case entail? And what does it mean for your school? Unpacking a complicated, and fluid, situation.Yahoo Sports - Sports -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
German-Polish border towns celebrate EU's eastward shift 20 years ago
Yahoo News - World -
U.S. Private Payrolls Beat Expectations in April
Data from the payroll company shows private sector employers added 192,000 jobs last month, more than in March and above economists' average estimates.Inc. - Business -
Beating inflation will likely require U.S. unemployment to rise
Americans are on a frustrating search for a soft economic landing.MarketWatch - 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 -
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 -
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 -
The Fed is stuck, and so are stocks
Growth is still strong and inflation too highFinancial Times - World - Federal Reserve -
The Stock Market Could Be Calmer
The Fed’s interference creates volatility and raises capital costs.The Wall Street Journal - World -
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 Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
Why Small-Business Owners Are Optimistic About 2024 Revenue--but Not the Economy
A new survey unpacks the reasons behind entrepreneurs' rosy outlook and reveals why they're less bullish on the economy overall.Inc. - Business -
These hot new Beats Solo 4 headphones are available for preorder
Discover the all-new Beats Solo 4 headphones, which you can not preorder from Amazon for $200.CBS News - Top stories -
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