Earnings Results Snowflake Slashes Forecast Due to Unsettled Demand Stock Slumps after Earnings
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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 -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - 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 -
Vinicius' double earns Real draw with Bayern
Vinicius Junior scores twice as Real Madrid come away with a draw in the first leg of their Champions League semi-final tie with Bayern Munich.BBC News - Top stories -
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 -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Super Micro pushes up full-year revenue forecast as it points to strong AI demand
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.CNBC - Business -
Chief Technology and Chief Product Officers Earn More Than CEOs at Early Stage Startups. Here's Why
When a company is trying to scale, certain skills come at a very high premium.Inc. - Business -
Alicia Keys, Brian d’Arcy James, Daniel Radcliffe and more react to earning Tony Award nominations
Some reactions from Tony Award nominees on Tuesday included Alicia Keys, who says she was unable to speak after her semi-autobiographical show “Hell's Kitchen” earned 13 nods, and veteran star Brian d’Arcy James who says: “These are very, very ...ABC News - Entertainment -
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 -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
Lumen’s stock gains after beat on free cash flow
Lumen’s CEO cited “expected headwinds” in the latest quarter’s results but the company maintained its full-year outlook.MarketWatch - Business -
Cannabis stocks rally after report that DEA will reclassify drug as less dangerous
Cannabis stocks were up sharply on Tuesday on a report by the Associated Press that the U.S. Drug Enforcement Administration is poised to propose moving cannabis to a Schedule III controlled substance.MarketWatch - Business -
Donald Trump is $1.8 billion richer after getting DJT stock bonus
Trump's ownership stake in Trump Media & Technology group now stands at $5.7 billion, buoyed by a rise in the stock's price.CBS News - Top stories - Donald Trump -
Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more
These are the stocks posting the largest moves in extended trading.CNBC - Business - Stock Market -
Amazon cloud sales growth accelerates as it 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 cloud sales growth accelerates as it prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Asian equities mixed after US stocks end worst month since September
Financial Times - Business -
6 Due Diligence Steps to Take Before Joining a Board
Board service can be fun and enriching or a waste of time. Here's how to make your service valuable.Inc. - Business -
Tesla shares fall amid reports that Supercharger unit slashed
Tesla Inc. shares dropped Tuesday after the electric-vehicle maker reportedly cut hundreds of more jobs, including its entire Supercharger unit.MarketWatch - Business - Tesla -
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 -
European carmakers struggle with falling demand
Industry faces headwinds including price wars and higher interest rates that have put off consumersFinancial Times - Business - Europe -
Protesters in Israel demand deal to secure hostages release
There were mass demonstrations in Israel as thousands of protesters blocked a highway in Tel Aviv, demanding a deal to secure the release of Israeli hostages in Gaza.CBS News - World - Israel -
Astros to option slumping 2020 AL MVP José Abreu to their spring training facility in Florida
The Houston Astros will option slumping first baseman José Abreu to their spring training facility to try and help the 2020 AL MVP get back on trackABC News - Sports - Florida