Earnings Results Meta Stock Spikes Nearly 20 As Cost Cuts and $40 Billion for Investors Overshadow Earnings Miss
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Warby Parker’s stock sees biggest gain in nearly two years company raises guidance, overshadowing a quarterly loss
Warby Parker Inc.’s stock was on track to open higher Thursday, after the maker of eyewear raised its full-year revenue guidance and offset a first-quarter loss.MarketWatch - Business -
Warner Bros. Discovery’s stock falls as earnings reflect traditional-media woes
Traditional media businesses have had a tough time even as they navigate a march into the streaming era, and WBD’s earnings could be the latest example of that.MarketWatch - Business -
Arm’s stock dips after earnings, but here’s the case for optimism
Analysts are encouraged about future royalty potential, judging by the performance of company’s licensing businessMarketWatch - Business -
Why Marathon Digital’s stock is sagging in the face of record earnings
Marathon has to boost its uptime to help profits, an analyst notes.MarketWatch - Business -
Amid strong first-quarter earnings, companies are stepping up repurchases of their own shares, which is giving a resurgent stock market an extra boost.
Amid strong first-quarter earnings, companies are stepping up repurchases of their own shares, which is giving a resurgent stock market an extra boost.The Wall Street Journal - World -
IAG Well Positioned for Summer as Earnings Rise
IAG reported an increase in operating profit and said that it was well positioned for the summer after strong demand boosted revenue for the first quarter of the year.The Wall Street Journal - World -
Wall Street Isn't Sweating a Recession. Earnings Look Too Good
Companies are crushing first-quarter reports and fewer execs are mentioning the odds of a downturn.Inc. - Business -
Marathon Digital logs record earnings as it pushes past ‘operational challenges’
The company sold 26% of the bitcoin it produced during the first quarter, putting the proceeds toward operating expenses.MarketWatch - Business -
Cramer's week ahead: Earnings from Home Depot, Alibaba, Walmart
CNBC's Jim Cramer on Friday guided investors through next week's market action.CNBC - Business -
ETF buying nearly halves in April as US rate cut hopes recede
Aversion to risk spurs sharp fall to equity ETFs while government bond ETF flows tick upFinancial Times - World -
Switch 2 Release Window Still Uncertain Despite Nintendo's Earnings News, Analyst Says
Everyone wants to know when Nintendo is releasing its successor to the Switch, but details are thin on the ground. Recently, some industry observers concluded that Nintendo is unlikely to release the "Switch 2" (as we're calling it) before April ...GameSpot - Tech -
BAE Systems confirmed its forecasts that sales and earnings would continue to grow this year amid escalating geopolitical tensions.
BAE Systems confirmed its forecasts that sales and earnings would continue to grow this year amid escalating geopolitical tensions.The Wall Street Journal - World -
Raiders discuss QB battle between Aidan O'Connell, Gardner Minshew: Aidan 'earned the right' to get first snap
O'Connell and Minshew each started 10-plus games last seasonCBS Sports - Sports - NFL -
The parent company of British Airways said strong demand boosted earnings for the first quarter of the year.
The parent company of British Airways said strong demand boosted earnings for the first quarter of the year.The Wall Street Journal - World -
Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years
A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets.CNBC - Business - United Kingdom -
Dropbox’s results get a break from investors after big selloff in February
After taking a big hit during its last round of earnings, shares of Dropbox Inc. rose on Thursday after the online-storage platform reported first-quarter results that topped Wall Street’s estimates.MarketWatch - Business -
AI Challenger Mistral Set to Nearly Triple Valuation to $6 Billion in Six Months
Mistral AI is close to raising roughly $600 million from investors including General Catalyst and Lightspeed.The Wall Street Journal - Tech - Artificial Intelligence -
From Facebook to Meta: Zuckerberg's Big Bet
A new podcast series examines what Meta Platforms’ multibillion-dollar bet on the metaverse means for the company, investors and internet users.The Wall Street Journal - World - Facebook -
Stock-market investors fear a consumer slowdown. Keep an eye on gasoline demand.
Investors are monitoring gasoline demand as they fret about the toll inflation is taking on consumers.MarketWatch - Business -
Roblox’s stock tumbles after a big revenue miss, and worries about ‘engagement’
Roblox Corp.’s stock tumbled Thursday after the online gaming company reported first-quarter revenue that was well below expectations and provided a downbeat current-quarter outlook.MarketWatch - Business -
New Mexico's Top Prosecutor Blames Meta for Online Predators
An undercover operation results in charges against three men accused of using Meta's social platforms to target children, and state Attorney GeneralRal Torrez says the company failed to take basic safety measures.Inc. - Business -
'My drink was spiked - now I have a brain injury'
Simone White is still struggling to walk or talk after the suspected spiking in a city centre bar.BBC News - Top stories -
McConnell and GOP give Netanyahu backup as aid tension spikes
Politico - Politics -
Six Flags’ stock soars as investors look past theme-park operator’s loss to focus on strong start to season
Six Flags Entertainment Corp.’s stock reversed early losses to trade up 6% Thursday as investors looked past a wider-than-expected first-quarter loss and revenue shortfall to focus on a positive setup for the summer season.MarketWatch - Business