Gamestop Stock Soars after Retailer Posts First Quarterly Profit in Two Years
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Airbus posts drop in earnings raising fears it may struggle to profit on Boeing’s woes
Airbus posted a 25% drop in earnings as higher costs eroded its margins, even as its sales increasedMarketWatch - Business -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - World -
Barclays Backs Guidance After Profit Beat
Barclays confirmed its 2024 forecasts after it reported better-than-expected profits and income for the first quarter.The Wall Street Journal - Business -
Barclays shares up 4% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.CNBC - Business -
Alphabet joins the $2 trillion market-cap club — and could vault above Nvidia
The Google parent put “doomsday AI search share-loss fears” to bed with its latest earnings report.MarketWatch - Business -
Chevron’s stock pulls back as profit drops amid plunge in natural-gas prices
Shares of Chevron Corp. pulled back Friday, putting them on track for their first loss in eight sessions, after the oil giant reported first-quarter profit and revenue that fell amid a sharp drop in natural-gas prices, but still managed to beat ...MarketWatch - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
Alphabet soars most since 2015 on strong earnings, first dividend and $70 billion buyback
Alphabet shares shot up Friday after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend along with a buyback.CNBC - Business -
Sharks fire head coach David Quinn after two seasons
The Sharks are looking for a new coach to lead their rebuild.CBS Sports - Sports -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Starbucks resumes bargaining with union after two sides thaw relationship
In February, Starbucks and Workers United said they found a "constructive path forward," marking a major strategic pivot for the coffee giant.CNBC - Business -
Two died after UK shift from analogue to digital phone lines
Government says it met Virgin O2 chief executive and Ofcom after incidents last yearFinancial Times - Business - United Kingdom -
Two people die after glider crashes near Mount Beauty airport
Paramedics treated the pair but both died at the scene of the crash, which occurred about 1.45pm north of Falls Creek in Victoria. Get our morning and afternoon news emails, free app or daily news podcastTwo people are dead after their powered ...The Guardian - World -
Two died after UK shift from analogue to digital phone lines
Government says it met Virgin O2 chief executive and Ofcom after incidents last yearFinancial Times - World - United Kingdom -
Alphabet’s stock surges on Triple Crown of first-ever cash dividend, $70 billion stock buyback, strong results
Google parent Alphabet Inc.’s stock soared 12% in after-hours trading Thursday following huge spikes in revenue and net income that trounced analysts’ predictions — as well as its first-ever cash dividend of 20 cents per share.MarketWatch - Business -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - Business -
TotalEnergies Plans $2 Billion Buyback After Profit Beat
TotalEnergies reported higher-than-expected profits in the first three months of the year and said it would buy back $2 billion of shares this quarter.The Wall Street Journal - World -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
Steelers NFL Draft grades 2024: Pittsburgh adds LB Payton Wilson, WR Roman Wilson on Day 2; full list of picks
All the Steelers picks and draft news in one placeCBS Sports - Sports - NFL -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Gabby Douglas competes for first time in eight years at American Classic
2012 Olympic champion returns to mixed results in Katy, TexasDouglas, 28, out to make five-woman US Olympic team for ParisGabby Douglas is officially back.. Whether the gymnastics star’s return to the sport carries all the way to the Paris ...The Guardian - World -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
Nio’s stock jumps after report of China’s plan to boost EV sales
Shares of Nio Inc., and those of other China-based electric-vehicle makers, powered higher Friday, after a report that China reportedly plans to provide car owners with an incentive to buy EVs.MarketWatch - Business - China -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
Regulators close Philadelphia-based Republic First Bank, first US bank failure this year
Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New YorkABC News - Top stories -
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costsABC News - Top stories - Travel -
Jimmy Butler trolls Jaylen Brown, C's with IG post after Game 2
Heat star Jimmy Butler took to Instagram with a post trolling the Celtics after Miami took Game 2 in Boston.Yahoo Sports - Sports -
Angela van den Bogerd shown letter blaming Post Office for sub-postmaster's death
The former executive was being questioned about the Post Office's response to Martin Griffiths taking his own life in 2013.BBC News - Top stories -
San Jose Sharks fire coach David Quinn after two seasons as part of a massive rebuilding project
San Jose Sharks fire coach David Quinn after two seasons as part of a massive rebuilding projectABC News - Sports -
Two UK men charged with helping Russian intelligence after suspected arson attack
It comes after a Ukraine-linked business in London was targeted in a suspected arson attack.BBC News - Top stories - United Kingdom -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue
Snap shares soared on Friday after the company provided uplifting results, suggesting its online ad business is getting back on track.CNBC - Business -
Flint residents still seeking justice after 10 years of water crisis
Ten years ago, a water crisis began when Flint, Michigan, switched to the Flint River for its municipal water supply. The more corrosive water was not treated properly, allowing lead from pipes to leach into many homes. CBS News correspondent ...CBS News - Top stories