Movers & Shakers on the Heels of Nvidia S Blockbuster Day Marvell Stock Boosted by Ai Revenue Expectations while Gap Rallies on Surprise Profit
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Home builders’ stocks have soared since we said they were cheap. These five are expected to grow profits rapidly through 2025.
Demand for new homes has been strong, despite high mortgage-loan rates.MarketWatch - Business -
Shopify Stock on Track for Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.The Wall Street Journal - World -
Reddit Records Bigger-Than-Expected Jump in Users
Daily active users for the social-media company rose 37% to 82.7 million. The company posted higher revenue and a wider loss for the first quarter, hit by IPO-related costs.The Wall Street Journal - World -
Reddit Stock Surges After Active Users Jump More Than Expected
Reddit posted higher revenue and a wider loss for the first quarter, as IPO-related costs weighed heavily on the social-media company.The Wall Street Journal - World -
Shopify Stock on Track for Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.The Wall Street Journal - Business -
New York Times stock gains as adjusted profit rises by 41%
Digital subscriptions rise by 210,000 in a ’strong start’ for the year.MarketWatch - Business - New York -
U.S. Natural Gas Futures Extend Rally
U.S. natural gas futures continued to defy the bearish weight of large storage surpluses, seeking a fifth straight session of gains.The Wall Street Journal - World -
Want More Nvidia? Investors Try Funds That Double Its Return---and Risk
Assets in leveraged single-stock ETFs have doubled this year.The Wall Street Journal - World -
China rally hasn’t been chased by options traders, Bank of America says
The rally in Chinese stocks may have legs because options traders have yet to chase it, say analysts at Bank of America.MarketWatch - Business - China -
Palestinians scramble for safety ahead of expected Rafah operation
Yahoo News - World -
Bertelsmann Keeps Mixed Outlook After Revenue Drop
Bertelsmann said for 2024 it continues to expect a significant decline in revenue and earnings due to asset sales, but a moderate increase in both revenue and earnings from continuing operations.The Wall Street Journal - Business -
Trump says MSNBC's O'Donnell 'looks like s‑‑‑'
Former President Trump took a shot Tuesday at MSNBC host Lawrence O'Donnell, whom he saw at a New York City courthouse amid his first criminal trial and said looks like "shit." "I spotted Ratings Challenged Lawrence O’Donnell, of MSDNC, in the ...The Hill - Politics - Donald Trump -
Senate GOP campaign chief echoes McConnell, downplays red wave expectations
Politico - Politics -
Zendaya Is No Stranger to the Met Gala Red Carpet. But It’s Been a While.
The actress will return to the event for the first time in five years, this time as a host. Take a look at all her previous Met Gala looks.The New York Times - Lifestyle -
Apple's iPad Day: Faster, Brighter, and With a Pencil Pro
New models, sizes, and speeds feature in the first update for the tablet line in more than a year.Inc. - Business - Apple -
Overwolf acquires NitroPay in 8-figure deal to boost ad tech offering
Gaming UGC and monetization platform Overwolf has acquired NitroPay to boost its ad tech offering and double its monthly ad traffic.VentureBeat - Tech -
Are There Enough Fans for the N.H.L.’s Smallest Market to Keep Its Team?
The Winnipeg Jets’ season was clouded by dwindling attendance and concerning comments made by ownership about the franchise’s future.The New York Times - Sports -
Fox hopes for US election ad boost after ‘disappointing’ primary season
CEO Lachlan Murdoch ‘extremely confident’ campaigns funds will flow to local television stationsFinancial Times - Business -
Monster Beverage launches $3 billion stock buyback
Beverage company’s chief executive may sell up to about $33 million of stock to provide “flexibility.”MarketWatch - Business -
Toyota Motor Projects Annual Profit Drop
The Japanese carmaker projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit thanks partly to a weaker yen.The Wall Street Journal - Business -
Alstom to Cut Costs, Forecasts Higher Profits
Alstom said adjusted earnings rose 17% with an improved margin and guided for further profit growth in 2025, as it looks to cut overheads and procurement costs.The Wall Street Journal - Business -
Elephant Mario Plush Is Back In Stock At Amazon
Super Mario Bros. Wonder was among the biggest releases of 2023, so it should come as no surprise that the iconic Elephant Mario power-up has received the Little Buddy plush treatment. This plush has sold out quickly each time it's been available ...GameSpot - Tech -
Why Lyft's Stock Is Pulling Ahead of Uber's
Low expectations can also be a blessing.The Wall Street Journal - World -
Virgin Galactic’s better-than-expected cash burn a positive sign, says KeyBanc
Virgin Galactic Holdings Inc. gave an update on its closely-monitored cash position when it reported its first-quarter results after the bell Tuesday, with the company’s cash burn, in particular, attracting attention.MarketWatch - Business -
Reddit shares soar 11% after company reports revenue pop in debut earnings report
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.CNBC - Business -
University of Chicago dismantles anti-Israel encampment as students claim they were ‘ambushed’ while sleeping
Yahoo News - World -
Witness testimony in Trump's hush money trial wraps for the day
Former President Donald Trump's hush money trial continues in New York. Follow here for the latest live news updates, analysis and more.CNN - Top stories - Donald Trump -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
FCA surprised by criticism over ‘name and shame’ proposal, says chair
Ashley Alder says ‘no decision made’ after City minister defends right of government to question watchdog’s actionsFinancial Times - World