Reddit Shares Close Up 42 on Profitability Rosy Guidance

Big moves in 2 stocks have us taking profits in one and buying back shares in the other

Lots of moving parts in these trades.

CNBC - 6h

Trump Department of Education rescinds past guidance on book bans

The U.S. Department of Education’s Office for Civil Rights has announced that it is rescinding all past guidance issued against the removal of books.

ABC News - 3d

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.

NBC News - 4d

Alphabet shares close above $200 for first time on split-adjusted basis

Investors are growing more bullish on Alphabet as the company speeds up its AI development.

CNBC - 4d

HCA sees an uptick in admissions, but mixed guidance keeps stock in check

Company books another 60 cents-a-share in losses from damage caused by last year’s hurricanes.

MarketWatch - 4d

Trump officials closing immigration offices Biden set up in Latin America

The offices were designed to give migrants legal immigration options and dissuade them from crossing the U.S. southern border illegally.

CBS News - 4d

American Airlines’ weaker-than-expected guidance ‘not as negative’ as it appeared, says analyst

American Airlines cited “present demand trends” and fuel-price forecasts as it predicted a first-quarter loss.

MarketWatch - 5d

Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.

CNBC - 5d

Reddit groups ban X links in protest at Musk arm gesture

Moderators of groups with millions of users say the block is a result of the billionaire's on-stage gesture.

BBC News - 5d

SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.

CNBC - 5d

Reddit Users Boycott X Links After Elon Musk’s Gesture at Inaugural Event

A boycott of links to Mr. Musk’s social media platform spread on Reddit this week, after he made a gesture that some likened to a Nazi salute. Others worried about censorship.

The New York Times - 6d

EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.

CNBC - 6d

Reddit Users Are Not Linking to X.com After Elon Musk’s Apparent Fascist Salute

Another potential rebellion is brewing at Reddit after Trump’s tech bro in chief’s antics at Monday’s inauguration.

Inc. - 6d

Johnson & Johnson clears a few hurdles, but Wall Street focuses on weak guidance

Johnson & Johnson’s stock dropped more than 3% Wednesday after the medical-technology and drug company beat estimates for the fourth quarter but as lower sales guidance for the year stoked fears of ...

MarketWatch - 6d

Reddit shares rise 7%, hit record as Raymond James raises price target

Reddit shares closed up more than 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their "strong buy" rating.

CNBC - Jan. 21

Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter

The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.

The Wall Street Journal - Jan. 21

Weight-loss jabs linked to reduced risk of 42 conditions including dementia

Psychotic disorders also among conditions found less likely when people with diabetes took medications found in jabs. People with diabetes taking medications found in weight-loss jabs have a ...

The Guardian - Jan. 20

The Texans' defense is soaring off belief, guidance from DeMeco Ryans

As Houston prepares for its matchup in Kansas City, Ryans has his defense playing at its best.

ESPN - Jan. 18

Biggest US banks notch up $142bn in profits in blockbuster 2024

Robust performance in trading and dealmaking and strong economy fuel big year for lending giants

Financial Times - Jan. 17

Saab Expects Sales Growth to Top Guidance

The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.

The Wall Street Journal - Jan. 17

Adams Unveils a Rosy Election-Year Budget, Citing Lower Migrant Costs

The $114.5 billion spending plan anticipated $2 billion less in asylum seeker costs, but also called for an additional $550 million for nonmigrant shelters.

The New York Times - Jan. 16

Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.

Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.

MarketWatch - Jan. 16

‘The memories still exist’: Amber Ugarte lost her Malibu home, built by her late fiancé, but she’s not even close to giving up

“The memories still exist,” Ugarte says, “but the property does not.”

MarketWatch - Jan. 16

Wells Fargo shares jump after earnings beat, strong 2025 guidance

The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.

CNBC - Jan. 15

Experian Posts Revenue Growth in Line With Guidance

The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.

The Wall Street Journal - Jan. 15

Through 42 Games, Which Canucks Player Has Received The Most Hits?

Vancouver Canucks players have received 809 hits so far this season.

Yahoo Sports - Jan. 14

Flagg scores ACC freshman-record 42 in Duke win

Cooper Flagg scored an ACC freshman-record 42 points to help No. 4 Duke hold off Notre Dame 86-78.

ESPN - Jan. 12

As Delta Reports Profits, Airlines Are Optimistic About 2025

The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.

The New York Times - Jan. 11

Memories of rosy Christmas fade as UK retailers brace for tough 2025

Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation rise

Financial Times - Jan. 10

A culture that's ready for a different kind of close-up

Manuel Betancourt's new book, 'Hello Stranger,' explores what makes us human and the ways in which we avoid 'making contact.'

Los Angeles Times - Jan. 10

Bang & Olufsen Confirms Guidance

The consumer-electronics company maintained its full-year guidance and said it is now ready to accelerate its strategic plan to drive profitable growth.

The Wall Street Journal - Jan. 10

World’s richest use up their fair share of 2025 carbon budget in 10 days

Emissions caused by wealthiest 1% so far this year would take someone from poorest 50% three years to create. The world’s richest 1% have already used up their fair share of the global carbon ...

The Guardian - Jan. 10

WATCH: The heroes of Los Angeles who are battling the blaze up-close

A salute to the firefighters and first responders that are working tirelessly battling the terrifying inferno.

ABC News - Jan. 9

The 42 Best Shows on Hulu Right Now (January 2025)

Accused, Say Nothing, and What We Do in the Shadows are just a few of the shows you should be watching on Hulu this month.

Wired - Jan. 7

AI start-up Anthropic closes in on $60bn valuation

Maker of the Claude AI chatbot nears fresh $2bn investment in the latest sign of how much money is pouring into the sector

Financial Times - Jan. 7

Next Ups Guidance After Strong Christmas

Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.

The Wall Street Journal - Jan. 7

New FDA guidance aims to improve accuracy of pulse oximeters for people of color

A Food and Drug Administration (FDA) draft guidance would require manufacturers of pulse oximeters to gather far more clinical data to show the devices accurately work across a range of skin ...

The Hill - Jan. 6

Biden finalizes contentious hydrogen guidance

{beacon} Energy & Environment Energy & Environment The Big Story Biden loosens rules for hydrogen credits The Biden administration on Friday finalized fairly strict climate rules for the nascent ...

The Hill - Jan. 3

Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal

Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.

The Wall Street Journal - Jan. 2

Reddit Shares Close Up 42 on Profitability Rosy Guidance

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