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Pinterest’s stock soars 17% on big revenue and profit beat, 500 million monthly active users
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Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
XPeng’s stock soars after EV maker’s sales beat by widest margin in 2 years
XPeng’s stock powered higher Tuesday, after the China-based electric vehicle maker reported first-quarter results that beat expectations by wide margins, fueled by higher deliveries and cost-cutting.MarketWatch - Business -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.CNBC - Business -
Global investors wake up to cheap UK stocks as takeover activity rises
Jupiter Asset Management boss says London-listed shares are ‘cheapest they have been in 50 years’Financial Times - Business - United Kingdom -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
Apple agrees to $35 million settlement with some iPhone 7 users
The settlement covers U.S. residents who owned an iPhone 7 or 7 Plus between September 16, 2016, and January 3, 2023, and reported a covered issue to Apple or paid the company for repairs.CBS News - Top stories - Apple -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence
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Urban Outfitters shares rally as Anthropologie, Free People continue to lift results
Shares of Urban Outfitters Inc. raced higher after hours on Tuesday after the clothing retailer reported first-quarter results that beat expectations.MarketWatch - Business -
Robert F. Kennedy Jr. invests $24K in GameStop in attempt to secure the ape vote
Is this the 2024 presidential election’s “Pokémon Go to the polls” moment or something bigger?MarketWatch - Business -
New York City trophy buildings top list of new debt placed on downgrade watch
SL Green’s 280 Park Avenue tops a new list of trophy properties with debt placed on downgrade watch Tuesday by KBRA.MarketWatch - Business - New York -
S&P 500 notches fresh peak as U.S. stocks edge higher ahead of Nvidia earnings
U.S. stocks were edging higher on Tuesday, as investor anticipation runs high for upcoming earnings results from Nvidia Corp.MarketWatch - Business -
AI could demand a shocking amount of electricity — check out this chart
While you might be trying to use less electricity in order to save money, developers of artificial-intelligence tools are heading in the other direction.MarketWatch - Business - Artificial Intelligence