Earnings Results Broadcom Stock Shows Volatility As Analysts Question Ai S More Than 25 Boost to Chip Revenue
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Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.The Wall Street Journal - World -
AMD supplants Nvidia as this analyst’s top chip stock — but he still likes both
AMD’s stock advances as Wolfe Research writes positively of the company’s AI traction.MarketWatch - Business -
Messi wages, $20.4M, more than 25 MLS payrolls
Inter Miami forward Lionel Messi is Major League Soccer's highest paid player with a total guaranteed compensation of $20.44m.ESPN - Sports - MLS -
How micro1’s AI interviewer could make tech hiring more efficient and fair
Micro1 launches AI-powered technical interviewer to help companies efficiently screen software engineering candidates, generating custom questions, conducting interviews, and providing assessment reports.VentureBeat - Tech -
Trump trusted more than Biden on inflation, a top issue for voters, poll shows
Eighty-five percent of people surveyed said inflation is an important issue, and most trust Trump more than Biden to deal with it.ABC News - Top stories - Joe Biden -
Eddie Vedder slams Harrison Butker at Pearl Jam show: ‘Nothing more masculine than ... supporting a strong woman’
Pearl Jam frontman Eddie Vedder couldn’t resist eviscerating Kansas City Chiefs kicker Harrison Butker for his controversial commencement speech at Benedictine College.NBC News - Top stories -
Top Wall Street analysts like these 3 dividend stocks for high yields
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Realty Income and Ares Capital.CNBC - Business -
Sony Music Group warns more than 700 companies against using its content to train AI
One of the biggest record labels in the world is issuing notices warning hundreds of companies not to train artificial intelligence models on its content without permission.NBC News - Top stories -
How Apple's AI push could do more than just reignite iPhone sales
Melius Research believes Apple's AI-enhanced iPhones could boost multiple parts of the technology giant's business.CNBC - Business - Apple -
Tech stocks helped lift the Nasdaq 0.7% to a record, while the S&P 500, which traded at record levels before a late-session pullback, rose less than 0.1%. The Dow fell 0.5%.
Tech stocks helped lift the Nasdaq 0.7% to a record, while the S&P 500, which traded at record levels before a late-session pullback, rose less than 0.1%. The Dow fell 0.5%.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.The Wall Street Journal - Business -
Is This the Week Microsoft Unveils its AI-Boosted PCs?
Ahead of a closely watched developers' conference, the tech giant is touting a special event on Tuesday. If Redmond-watchers are correct, newPC operating systemsmeanyou can expect your computing experience to change soon.Inc. - Business - Microsoft -
DuPont stock hits new high after an analyst's upgrade — why we're not buyers here
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
Microsoft announces new PCs with AI chips from Qualcomm
Microsoft wants to deliver Windows PCs that can keep up with Apple's MacBooks on artificial intelligence performance and strong battery life.CNBC - Business - Microsoft -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Roche says weight loss drug shows promising results in early trial
The weekly injection helped patients with obesity lose 18.8% of their weight relative to those who received a placebo, after 24 weeks in the phase one trial.CNBC - Business -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Here's our latest thinking on the 3 portfolio stocks reporting earnings this week
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Palo Alto Networks’ stock falls after earnings as forecast fails to impress
The stock was down about 9% in after-hours action Monday. It lost 28% in the session after the last earnings report.MarketWatch - Business -
A year after its Tony boost, Pasadena Playhouse unveils 2024-25 season
A year after winning the Regional Theatre Tony Award, Pasadena Playhouse unveils its 2024-25 season and readies to celebrate the 100th anniversary of its historic building.Los Angeles Times - Entertainment -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
Our underappreciated care workforce is getting a boost but deserves more
The Biden administration has been listening and taking action.The Hill - Politics -
More than a thousand fish die in pollution incident
The Department of Agriculture, Environment and Rural Affairs confirmed the major fish kill on the Four Mile Burn, a tributary of the Six Mile Water at Newmills near Doagh.BBC News - Top stories -
A massive earnings surge could lift the Dow to 60,000 and the S&P 500 to 8,000, says top Wall Street strategist
Yardeni Research’s chief investment strategist, Ed Yardeni, told clients in a note that the stock indexes could soar even higher thanks toMarketWatch - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
RFK Jr.'s Texas ballot access push raises questions for Ted Cruz
The prospect of Robert F. Kennedy Jr. qualifying for the Texas ballot is fueling speculation that he could hurt Sen. Ted Cruz's (R-Texas) reelection chances. Kennedy announced earlier this week he gained more than enough signatures to compete in ...The Hill - Politics -
Trump Media had less than $1 million in revenue during the first quarter
The revenue total came largely from advertising, the Truth Social parent said.MarketWatch - Business - Donald Trump -
Pep Guardiola hints at Manchester City exit after 2024-25 season: 'I am closer to leaving than staying'
Guardiola is out of contract at the end of next seasonCBS Sports - Sports -
Fetterman says wild Oversight hearing was worse than 'Jerry Springer Show'
Sen. John Fetterman says the wild and chaotic scene inside a House Oversight and Accountability Committee hearing Thursday night, which featured lawmakers lobbing multiple appearance-related insults at one another, was worse than an episode of ...The Hill - Politics -
Samsung Electronics names new chief for semiconductor business as AI chip race heats up
The firm aims "to strengthen its competitiveness amid an uncertain global business environment," Samsung Electronics said.CNBC - Business -
Don’t get swept away by ‘S&P 500 envy’ as stocks shatter records and bonds lag
Here’s how to remind yourself that diversification still matters in the long runMarketWatch - Business -
UFC Fight Night results, highlights: Lerone Murphy shows grit in big win against Edson Barboza
Murphy's face looked worse for wear despite a dominant performanceCBS Sports - Sports - UFC -
China's sweeping measures to prop up the property sector will need time to show results
China's sweeping moves on Friday to increase support for real estate will take time to show results, analysts said.CNBC - Business - China -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China