Earnings Results Gap Stock Jumps 12 after Surprise Profit Boost
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Sony Group Profit Jumps on Stronger Game, Movie Earnings
The Japanese entertainment and electronics company reported a fourth-quarter net profit beat.The Wall Street Journal - World - Entertainment -
Sony Group Profit Jumps on Stronger Game, Movie Earnings
The Japanese entertainment and electronics company reported a fourth-quarter net profit beat.The Wall Street Journal - Business - Entertainment -
Alibaba’s stock slumps after another profit miss
Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.MarketWatch - Business -
Sony shares jump after profit beats estimates, concerns about Paramount bid ease
Sony Group shares rose sharply after quarterly net profit beat analysts’ expectations and concerns eased about its bid for media and entertainment company Paramount Global.MarketWatch - Business -
Plug Power’s stock jumps as much as 70% after long-awaited funding announcement
Plug Power delivered a long-awaited funding announcement on Tuesday morning that looked set to fuel a major stock gain.MarketWatch - Business -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - World -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - Business -
Merck KGaA Backs Outlook After Drop in Sales, Earnings
Merck KGaA confirmed and detailed its guidance for 2024 after it reported lower sales and earnings for the first quarter, hit by inventory reductions at its life-science segment.The Wall Street Journal - World -
Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker
Novavax said the deal with Sanofi allows it to remove its "going concern" warning, which it first issued last year due to doubts about staying afloat.CNBC - Business -
AMC completes $250 million stock sale during meme rally, shares jump 30%
AMC shares soared following news of the sale and was paused for volatility at one point.CNBC - Business -
E.ON Backs Guidance After Swing Back to Profit
E.ON reiterated its full-year views and confirmed its planned investments for the year after it reported a profit in the first quarter, driven by investment-led growth.The Wall Street Journal - World -
Stocks Mixed After Producer-Price Data
U.S. stocks were mixed in recent trading as investors digested wholesale-inflation data and awaited a reading on consumer prices, due Wednesday .The Wall Street Journal - World - Stock Market -
These stocks could see ‘immense’ profits as Canada’s economy sinks, says veteran trader
Veteran trader Kevin Muir is really bearish on Canada, and offers a couple ways for investors to play that.MarketWatch - Business -
GameStop shares jump more than 70% after "Roaring Kitty" trader returns
GameStop shares jumped more than 70% on Monday after trader Keith Gill, known online as "Roaring Kitty," returned with a social media post after being gone for four years.CBS News - Top stories -
2024 NBA Draft Combine takeaways: KJ Simpson boosts stock, Jamal Shead goes nuts, Bronny James blends in
Elsewhere in the Windy City, remember Trentyn Flowers?CBS Sports - Sports - NBA -
AMC completed sale $250 million of stock Monday after meme-stock rally
AMC’s stock is surging at a frenzied pace.MarketWatch - Business -
Boot Barn’s stock sinks after it expects continued consumer caution in outlook
Shares of Western-wear retailer Boot Barn Holdings Inc. slid after hours on Tuesday, after the chain forecast sales trends for the fiscal year ahead that were below Wall Street’s expectations amid continuing tepid demand from shoppers.MarketWatch - Business -
U.S. Goes After Firms Involved in Sanctioned Oligarch's Attempt to Sell Stock
U.S. Treasury sanctions three financial firms and a Russian national that it says were part of a circuitous plan to unfreeze $1.5 billion in shares owned by Oleg Deripaska.The Wall Street Journal - World -
It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit
Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.CNBC - Business -
U.S. recovering from pandemic learning loss, but gaps remain
American students are starting to recover from pandemic learning losses, according to a Harvard University study. But test scores still lag behind 2019 levels, and schools will soon run out of federal pandemic-era funding. CBS News reporter ...CBS News - Top stories -
Reddit shares close near record after two-day rally driven by meme stocks
Reddit shares popped Tuesday after retail traders kicked off a meme stock buying frenzy.CNBC - Business -
NFL's top 10 highest-paid QBs of 2024: Jared Goff No. 2 on list after deal; comparing records, playoff results
Are the best-compensated signal-callers really the best?CBS Sports - Sports - NFL -
Prince William makes a surprise BAFTA TV Awards appearance after recent return to public duties
Prince William, out of the public eye until recently caring for wife Kate, congratulated TV presenter and kids' advocate Floella Benjamin at the BAFTA TV Awards.Los Angeles Times - Entertainment -
4 things to know from the weekend in MLB: Braves, Padres earn statement wins, Rockies sweep defending champs
And with the Reds, Cardinals and Pirates tumbling, the NL Central is looking like a contest between the Cubs and BrewersYahoo Sports - Sports - MLB -
Office-loan delinquencies jump to nearly 6-year high, says Moody’s
Higher interest rates, hybrid work schedules and tighter credit standards will likely keep putting pressure on office loans through 2026, according to a new Moody’s report.MarketWatch - Business -
On Holding more than doubles profit
On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.MarketWatch - Business -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - World -
Tencent profits soar on its online advertising boom
Chinese internet giant focuses on other high-margin businesses as its blockbuster online games ageFinancial Times - World -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - Business -
WNBA 2024 roster tracker: A look at all 12 teams after final cuts; Kate Martin makes Aces' opening night squad
The 2024 WNBA season begins tonightCBS Sports - Sports - WNBA -
Chad's opposition leader challenges the results of the presidential elections
Chad’s opposition leader says he has filed an appeal with the country’s constitutional council to challenge the preliminary results of the May 6 presidential electionABC News - World -
Will Biden’s Trade War With China Get Results?
The White House has imposed $18 billion in new duties on Chinese imports, but it’s unclear how much that will help his economic agenda.The New York Times - Business - China -
Maryland Democratic Senate primary: Live results
Rep. David Trone (D) and Price George's County Executive Angela Alsobrooks are competing for the Democratic nomination in Maryland's surprisingly heated Senate race. Trone, the co-owner of Total Wine, has poured millions into the race and argued ...The Hill - Politics -
Here's how much the price of gold has jumped since January (and why you should invest now)
Gold's price has surged since January 1, giving investors a rare opportunity to potentially turn a quick profit.CBS News - Top stories -
GameStop jumps for a second day, but ends session well off highs as meme enthusiasm starts to fade
The meme stock rally kicked off by "Roaring Kitty" continued for a second day as shares from GameStop, AMC, Blackberry and Koss soared.CNBC - Business -
Nvidia CEO Jensen Huang saw his pay jump 60% last year, topping what rivals made
Nvidia CEO Jensen Huang’s base salary stayed the same last fiscal year — but other sources drove a sharp increase in his total compensation.MarketWatch - Business -
Stocks Rise Amid Mixed Signals on Inflation
Stocks edged higher after the producer-price index rose more than expected in April but data for the prior month was revised lower.The Wall Street Journal - World - Inflation -
Roaring Kitty's Return Sends GameStop Stock Surging
The pandemic "meme stock" run is the stuff of history books and Hollywood movies these days, and now one of the figures central to that phenomenon has made a grand return. Keith Gill, better known by his online handle Roaring Kitty, posted a meme ...GameSpot - Tech -
Chinese Shares Broadly Lower; Investors Digest Higher U.S. Tariffs
Chinese shares were broadly lower, dragged by semiconductor and auto stocks.The Wall Street Journal - World