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Schlumberger posts profit gain for first quarter as revenue tops estimates
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Coinbase reports first-quarter revenue beat after bitcoin rally leads to surge in profit
Coinbase's quarterly results follow a big jump in the price of bitcoin from a year earlier, though the rally has stalled of late.CNBC - Business - Crypto -
DraftKings posts surge in revenue, hikes full-year sales guidance
DraftKings Inc. rang up a huge spike in revenue and raised its full-year sales guidance on Thursday, sending its stock up 3% in extended trading.MarketWatch - Business -
Block shares jump on better-than-expected first-quarter results
Block's earnings report comes during a slide in the stock price tied to reports that U.S. prosecutors were probing the company's compliance practices.CNBC - Business -
Apollo Raised $40 Billion in First Quarter, Eyes New Debt Vehicle for Individuals
The alternative-asset manager’s earnings rose as investors flocked to private-debt funds.The Wall Street Journal - World -
Coterra's smart pivot to oil from natural gas leads to an excellent first quarter and sweeter outlook
Coterra Energy's production paid off in the first quarter, helping the oil-and-gas producer surpass Wall Street expectations.CNBC - Business -
GameStop stock climbs 17% for biggest gain since November, sparks memories of ‘crazy’ meme volatility
GameStop Corp. shares ended Thursday’s session up 17% as the videogame retailer and original meme stock registered its biggest daily percentage gain since Nov. 29, 2023, when it rose 20.46%, according to Dow Jones Market Data.MarketWatch - Business -
Macquarie's Full-Year Profit Falls, Cuts Dividend
Australia’s biggest investment bank and asset manager reported a 32% fall in annual profit and cut its dividend by 14%.The Wall Street Journal - World -
TD Bank Probe Tied to Laundering of Illicit Fentanyl Profits
The Canadian bank faces three other U.S. probes into its anti-money-laundering controls.The Wall Street Journal - World -
Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China
The company continues to lean on customers’ appetite for apps and services, as demand for its devices weakens.The New York Times - Top stories - Apple -
Cloudflare’s stock is tanking after revenue outlook disappoints investors
Cloudflare Inc.’s stock was free-falling in extended trading Thursday, following a quarterly report that was largely in line with analyst estimates but included a revenue outlook that fell short.MarketWatch - Business
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Airbnb is debuting an ‘Up’ house that levitates and 10 other pop-culture-themed rentals
After its ”Barbie” Malibu Dreamhouse house last year lit up the internet, Airbnb Inc. wants to make going viral a more regular thing.MarketWatch - Business -
Northrop Grumman gets B-2 bomber contract with $7 billion ceiling
Northrop Grumman Aerospace Systems received a contract with a ceiling of $7 billion to modernize and sustain U.S. Air Force B-2 aircraft.MarketWatch - Business -
‘I see my greedy in-laws as misogynists’: I was a stockbroker in the 1980s and always kept my money separate from my husband’s. Is such self-protection justified?
“The biggest surprise when we got married was that my husband’s family saw me as a paycheck, even though they are all educated.”MarketWatch - Business -
GameStop stock climbs 17% for biggest gain since November, sparks memories of ‘crazy’ meme volatility
GameStop Corp. shares ended Thursday’s session up 17% as the videogame retailer and original meme stock registered its biggest daily percentage gain since Nov. 29, 2023, when it rose 20.46%, according to Dow Jones Market Data.MarketWatch - Business -
Expedia cuts outlook, as efforts to get Vrbo back on track go slower than expected
Shares of Expedia Group Inc. fell after hours on Thursday, after the travel-booking platform cut its sales outlook for the year, as efforts to recharge vacation-rental site Vrbo progressed more slowly than expected after a tech-related overhaul.MarketWatch - Business