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Wayfair shares surge after furniture retailer cuts losses by more than $100 million
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Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
Severe storms hit Houston area; more than 1 million without power in Texas
More than 1 million Texans are without power as severe storms slammed the Houston area Thursday night.NBC News - Top stories -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
‘More than capable’: Taylor backs City’s scoring ability for WSL decider
‘They can score three or four in five or six minutes’Manchester City manager upbeat before Villa showdownGareth Taylor has backed his side to score enough goals to overhaul Chelsea on the final day of the Women’s Super League season. Manchester ...The Guardian - World -
Messi wages, $20.4M, more than 25 MLS payrolls
Inter Miami forward Lionel Messi is Major League Soccer's highest paid player with a total guaranteed compensation of $20.44m.ESPN - Sports - MLS -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
The number of child migrants arriving in an Italian city has more than doubled, a report says
An aid group says that the number of unaccompanied children who arrived in the northern Italian city of Trieste through the Balkan migratory route has more than doubled last yearABC News - World -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 128 hostages abducted on Oct. 7 remain in captivity in Gaza, including the bodies of at least 38.The Wall Street Journal - World - Israel
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After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
China retail sales, investment data miss expectations in April
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Modi's strongman rule raises questions about India's 'democratic decline' as he seeks a third term
India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say.CNBC - Business -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business