Gamestop Stock Soars after Retailer Posts First Quarterly Profit in Two Years
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GameStop makes layoffs as video game retailer looks for profitability boost
GameStop Corp. has been cutting jobs, the video game retailer and original meme stock said this week.MarketWatch - Business -
Lands’ End’s stock rallies as retailer posts stronger-than-expected sales
Shares of Lands’ End surpassed the $10 mark for the first time since August 2023.MarketWatch - Business -
Sainz wins in Australia after Verstappen retires for first time in two years - reaction
Follow live text and radio commentary of the Australian Grand Prix.BBC News - Top stories -
Corporate profits soar
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Corporate profits, economic growth skyrocket During the final quarter of 2023, gross domestic product (GDP) and corporate ...The Hill - Politics -
Walgreens tops quarterly revenue estimates, but narrows profit outlook in 'challenging' economy
Walgreens posted a steep net loss for the quarter as it recorded a hefty goodwill impairment charge related to its primary-care provider VillageMD.CNBC - Business -
Truth Social’s stock rally has made Trump billions, and many others millions
Trump Media & Technology Group’s stock soared Tuesday, as investors rushed to buy the stock with the new ticker symbol that bears the initials of the former president.MarketWatch - Business - Donald Trump -
Disney’s stock has soared this year. Why this new bull says the rally has legs.
Disney is in the midst of a turnaround that could continue driving earnings improvement, according to Barclays.MarketWatch - Business -
Commodity traders sitting on up to $120bn in cash after years of record profits
Gas and power trading has overtaken oil as the biggest source of profits in the sector, report findsFinancial Times - Business -
Long wait for therapy after step-grandfather's abuse
A woman who was abused from the age of five calls for more specialist support.BBC News - Top stories -
Trump's net worth reportedly soars to $6.5 billion after media company stock jumps
Trump's social media company completed a merger, and a NY appeals court lowered the amount of cash he needs to pause a $454 million civil fraud penalty.CNBC - Business - Donald Trump -
PetroChina Posts Record Profit, but Revenue Misses Estimates
Chinese state-controlled oil company PetroChina said its annual profit rose to a record due to lower operating expenses, but revenue fell on weaker oil prices.The Wall Street Journal - World -
PetroChina Posts Record Profit, but Revenue Misses Estimates
Chinese state-controlled oil company PetroChina said its annual profit rose to a record due to lower operating expenses, but revenue fell on weaker oil prices.The Wall Street Journal - Business -
Hunt: We'll keep 'triple lock' on pension increases if we win election
Chancellor Jeremy Hunt says it's an expensive commitment but one his party is confident it can deliver.BBC News - Top stories -
Robinhood’s stock jumps after company launches first credit card
The Robinhood Gold Card is aimed at Robinhood Gold members — a subscription product offering premium services for a fee — and has no annual fee or transaction fees, but comes with a 3% cash back on all categories.MarketWatch - Business -
March Madness: First two rounds of women's NCAA tournament easily break last year's attendance records
Iowa's first-round game also drew over 3 million viewers.Yahoo Sports - Sports -
DWAC’s stock surge gives a $1 billion boost to the value of Trump’s stake
The Digital World blank-check company has officially changed its name to Trump Media & Technology Group. It begins trading Tuesday with the former president’s initials as its ticker symbol.MarketWatch - Business -
AI boom drives global stock markets to best first quarter in five years
MSCI index of world stocks rises 7.7% as optimism about US economy offsets expectations of slower interest rate cutsFinancial Times - Business -
China’s answer to Instagram makes first profit
Shanghai-based unicorn known as ‘little red book’ brought in $500mn in net profit last yearFinancial Times - World - China -
GameStop Confirms More Layoffs, Share Price Tumbles After Sales Slide
GameStop has published its latest earnings briefing, and as part of it, the video game retailer said it was cutting an unspecified number of jobs, according to Reuters.. These layoffs could be part of the previously announced plan to close a ...GameSpot - Tech -
Why an early Easter could cost retailers $1.6 billion this year
Easter sales will total $22.4 billion in 2024, according to the National Retail Federation — a 7% decline from last year.MarketWatch - Business -
Joni Mitchell returns to Spotify two years after boycott over Joe Rogan's COVID-19 'lies'
Joni Mitchell's music returned to Spotify last week, more than two years after she boycotted the streaming giant for platforming 'The Joe Rogan Experience.'Los Angeles Times - Entertainment -
Commercial real estate is itching for a rebound two years after start of Fed rate hikes
Demand for office leases is picking up, but interest rates are still a wild card.MarketWatch - Business - Federal Reserve -
Supreme Court appears poised to reject abortion pill challenge, two years after overturning Roe
In the first major challenge to abortion rights since overturning Roe v. Wade, the Supreme Court on Tuesday heard oral arguments in a case that could determine nationwide access to mifepristone. The so-called abortion pill was used in nearly ...CBS News - Top stories - Abortion -
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer's sales higher in February.
Hennes & Mauritz posted forecast-beating earnings as well-received spring collections pushed the fashion retailer’s sales higher in February.The Wall Street Journal - World -
Stocks surge after Fed indicates three rate cuts still coming this year
The S&P topped 5,200 for the first time Wednesday after the Federal Reserve said it was still targeting three rate cuts in 2024. Markets had feared hotter-than-expected inflation and jobs data would persuade the Fed to trim its timeline.CNN - Top stories - Federal Reserve -
Truth Social parent company shares soar in stock market debut
Shares of former President Trump's social media startup rose nearly 50 percent after debuting on the stock market Tuesday, triggering a pause on trading. Trump Media & Technology Group, the parent company of Trump’s Truth Social platform, went ...The Hill - Politics -
McCormick’s stock gains as spice maker benefits from consumers eating at home more
McCormick’s net income climbs 19% as spice company refocuses on more profitable products.MarketWatch - Business -
Trump's Truth Social soars in first day of trading on Nasdaq
Former President Donald Trump's Truth Social began trading under the ticker "DJT" on Tuesday, putting the real estate tycoon — and his initials — at the helm of a publicly traded company once again. CBS News' Lilia Luciano has more.CBS News - Top stories - Donald Trump -
Trump's Truth Social platform soars in first day of public trading
Shares of former President Donald Trump's Truth Social rose 16% after the first day of trading on the Nasdaq exchange Tuesday. CBS News campaign reporter Jake Rosen has more on the publicly traded company.CBS News - Top stories - Donald Trump -
‘Tip of the iceberg’: US self-managed abortions soar post-Roe, study shows
Analysis of data from suppliers outside US health system suggests abortion pills used by more people than thought to evade bans. Explainer: the mifepristone caseTell us: have you used an abortion pill in the US?In the six months after the US ...The Guardian - World - Abortion -
UBS CEO Ermotti to Steer Credit Suisse Integration
UBS said said Sergio Ermotti is set to stay as chief executive officer to see through the integration of Credit Suisse, and sought to address concerns about its size and potential needs for tighter regulation.The Wall Street Journal - World -
B&Q owner Kingfisher forecasts profits to fall this year
London-listed group strikes cautious note on DIY marketFinancial Times - Business -
How the Atlantic Went From Broke to Profitable in Three Years
The publication’s new chief executive raised subscription prices, and moved away from day-to-day news coverage to focus on deeply reported stories with broad appeal.The Wall Street Journal - World -
How the Atlantic Went From Broke to Profitable in Three Years
The publication’s new chief executive raised subscription prices, and moved away from day-to-day news coverage to focus on deeply reported stories with broad appeal.The Wall Street Journal - Business -
Reddit Stock Surges on Its First Day of Trading
The home of memestocks is now publicly traded on the New York Stock Exchange as RDDT, in the first major social media IPO in five years.Wired - Tech -
U.S. Natural Gas Futures Post Big First-Quarter Losses
U.S. natural gas futures settled higher on a slightly bigger-than-expected 36 Bcf storage draw for last week, but end the first quarter down sharply.The Wall Street Journal - World -
How the AI potential of Reddit’s user data has helped send its stock soaring
The social-media website’s stock continues to attract investor interest after its closely watched IPO last week.MarketWatch - Business -
Nvidia has a parade of partners, but these two stocks are my favorite beneficiaries
Jim Cramer reflects on Nvidia's GTC conference and identifies the companies that stand to gain the most through partnerships with the AI chip giant.CNBC - Business -
UBS sends a wake-up call to take profits on an outperforming stock. We're heeding it
We had not taken profits in this outperforming stock since last summer. A Wall Street downgrade Wednesday served as a wake-up call to do so.CNBC - Business -
Trump Media, Reddit surge despite questionable profit prospects, taking on the 'meme stock' mantle
Reddit and Trump Media are the first notable social media companies to begin trading publicly in the last five yearsABC News - Tech - Donald Trump