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SoundHound’s losses exceed revenue, but stock gains as voice-AI demand picks up
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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 -
Nasdaq, S&P 500 Start Week Higher
Stocks rose, with technology shares leading the way higher once again.The Wall Street Journal - World -
Stock gains in the summer are weaker when the market has been strong
This year there’s even less of a reason to expect a summer rally.MarketWatch - Business -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
Report: Caitlin Clark, Fever set WNBA single-game ticket revenue record in loss to Liberty
The New York Liberty earned more than $2 million in ticket revenue in their win over Caitlin Clark and the Fever on Saturday.Yahoo Sports - Sports - WNBA -
Why Utilities Are Lighting Up the Stock Market
Utility stocks are suddenly white hot, thanks largely to artificial intelligence’s thirst for electricity. Investors accustomed to thinking of the sector as sleepy and safe need to realize the game has changed.The Wall Street Journal - World -
Cramer picks two 'winning' footwear stocks in a ‘nightmare’ athletic apparel market
CNBC's Jim Cramer on Thursday picked two footwear stocks he thinks are headed for success: On Holding and Deckers Outdoor.CNBC - Business -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Russia’s War Machine Revs Up as the West’s Plan to Cap Oil Revenues Sputters
Russia has largely evaded attempts by the U.S. and Europe to keep it from profiting from its energy exports.The New York Times - Business - Russia
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‘Once a cheater, always a cheater’: I’m the beneficiary on my ex-husband’s $250,000 life insurance. He’s now threatening to change it. Is he in breach of our divorce decree?
“I’m 50 years of age and only have $45,000 saved.”MarketWatch - Business -
I got bitten by a feral cat and my hospital copay wiped out my savings. I’m 50, single, with no kids. Should I cash out my $12,000 life-insurance policy?
“I was thinking about cashing it out, and using the money to max out a SEP or Roth IRA for the year. Can I max out both? Or only one.”MarketWatch - Business -
‘We know consumers are feeling pressured’: Target to cut prices on 5,000 items ahead of Memorial Day weekend
Retailer Target is competing on price with its bigger rival Walmart at a time when many Americans are struggling with inflationary pressures.MarketWatch - Business -
U.S. travelers are hungry for international travel. These stocks will likely benefit.
“Airports are bracing for a spike in travelers.”MarketWatch - Business -
Bond yields climb after Fed’s Bostic talks of slow path to lower inflation
Bond yields were steady Monday after declines last week as economic data generally surprised to the downside.MarketWatch - Business