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Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue
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Freshpet’s stock jumps toward a multiyear high after an unexpected quarterly profit
Freshpet’s stock ran up in premarket trading Monday, heading toward a high not seen since 2021, after the dog- and cat-food company reported a surprise first-quarter profit, citing to higher sales, improved gross margin and lower logistics costs.MarketWatch - Business -
UBS reports first quarterly profit since Credit Suisse takeover
Shares in Swiss lender climb as wealth management business helps drive better than expected earningsFinancial Times - Business -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business -
Irate Tom Brady appears to snap at Jeff Ross during roast after this joke about Patriots owner Robert Kraft
The jokes flew for nearly three hours, but one seemed to get under Brady's skinCBS Sports - Sports - NFL -
UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.CNBC - Business -
Nikola’s stock falls as revenue dropped to less than half what was expected
Nikola’s stock dropped premarket Tuesday, reversing a brief gain, after the electric-truck maker reported first-quarter revenue that fell to less than half what was expected, offsetting a narrower-than-expected loss.MarketWatch - Business -
German company launches candle wax-powered rocket on test flight into space
Yahoo News - World - Germany -
Starliner Launch Delayed After Problem With Rocket Valve
A Boeing spacecraft was due to take its inaugural crewed flight Monday, carrying NASA astronauts to the International Space Station.The Wall Street Journal - World -
Starliner Launch Delayed After Problem With Rocket Valve
A Boeing spacecraft was due to take its inaugural crewed flight Monday, carrying NASA astronauts to the International Space Station.The Wall Street Journal - Business
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Apple announces new iPad Pro with M4, new iPad Air tablets
These are the first new iPad models Apple has released since Oct. 2022.CNBC - Business - Apple -
Stanley Druckenmiller gives Biden's economic policies an 'F,' blames the Fed for reigniting inflation
He called "Bidenomics" a failure and said consumers are paying the price in terms of higher inflation.CNBC - Business - Federal Reserve -
The streaming future Disney promised is finally here as cable TV decays
Disney's second-quarter results showed an improving streaming business and a rapidly declining linear TV unitCNBC - Business -
Abortion bans drive away up to half of young talent, new CNBC/Generation Lab youth survey finds
Nearly half of younger workers say they would turn down a job offer if it meant moving to a state that bans abortion, a new NBC/Generation Lab survey finds.CNBC - Business - Abortion -
Trump trial: Stormy Daniels testifies about hush money, alleged sex with ex-president
Stormy Daniels is at the center of the historic case in which Donald Trump is charged with falsifying business records to conceal a hush money payment.CNBC - Business - Donald Trump