A Slimmer Goldman Sachs Posts Hefty Jump in Profit
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Goldman Sachs, Microsoft Power Dow Industrials to 40000
A broad rally across sectors leads the blue-chip stock index to new highs.The Wall Street Journal - World - Microsoft -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.CNBC - Business -
Report: New, Slimmer iPhone Coming in 2025
A leading tech news site say Apple will release a pricier, thinner model in September 2025, along with the iPhone 17.Inc. - Business -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Did Billie Eilish just jump into the race for song of the summer?
Pop superstar Billie Eilish's new album 'Hit Me Hard and Soft' is due Thursday night. One breezy track already feels like a hit.Los Angeles Times - Entertainment -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Will Chinese auto investment jump Joe Biden’s tariff walls?
China’s EV manufacturers looking to produce in Europe and the US will be next stage of trade war gameFinancial Times - World - Joe Biden -
Ether price jumps ahead of SEC’s ETF decision as speculation on approval rises
Ether’s price jumped Monday afternoon, leading a rally for major cryptocurrencies three days before the U.S. Securities and Exchange Commission has to decide whether to approve VanEck’s application for a spot ether exchange-traded fund.MarketWatch - Business -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live
Tesla’s chair discusses upcoming shareholder votes on relocating to Texas and Elon Musk’s $56bn pay deal. Rishi Sunak and Akshata Murty rise up rich list as fortune increases by £120mBritish asylum housing tycoon breaks into Sunday Times rich ...The Guardian - World -
Buenos Aires metro fare jumps 360% amid Argentina’s harsh austerity measures
Libertarian president Javier Milei has slashed public spending as he wrestles to tame hyperinflation, now at 289% annually. Commuters in Buenos Aires have been hit by an overnight 360% increase in subway fares, in one of the most dramatic price ...The Guardian - World -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
Trump Media Posts Steep Loss on Little Revenue
Trump Media & Technology Group posted a steep loss and less than $1 million in revenue in the company’s first report since going public.The Wall Street Journal - World - Donald Trump -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Norwegian Cruise’s stock rises as profit outlook raised for 2nd time in 3 weeks
Norwegian Cruise Line’s stock rallied Monday, after the cruise operator raised its full-year profit outlook, again, citing continued “very strong demand.”MarketWatch - Business -
Why we’re relaunching our guide to post-Brexit Britain
Upgrading state will take more than money; plus, businesses bewail new hostile environment for overseas graduatesFinancial Times - Business - United Kingdom -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Post-Brexit deal on border between Gibraltar and Spain remains unresolved
European Commission vice president, Maroš Šefčovič, cites progress on trade and economy for territory but not border checks. Talks on a post-Brexit deal to govern the border between Gibraltar and Spain have broken up without an agreement, although ...The Guardian - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
Alan Bates rejects second Post Office compensation offer
The latest offer amounted to around a third of what the campaigner had asked for.BBC News - Top stories -
TikTok says it's testing letting users post 60-minute videos
TikTok is allowing select users to upload longer-form videos as the social media app looks to compete with YouTube.CBS News - Top stories - Tiktok -
French post office releases scratch-and-sniff baguette stamp
‘Bakery scent’ added via microcapsules to postage stamp celebrating ‘jewel of French culture’. The French Post Office has released a scratch-and-sniff postage stamp to celebrate the baguette, once described by President Emmanuel Macron as “250 ...The Guardian - World - France -
Crozier’s claim he was unaware of Post Office scandal undermined by letters
Newly found correspondence includes a 2009 email from Jeremy Hunt raising constituents’ concerns about HorizonFinancial Times - Business -
Israel war cabinet minister vows to quit if there is no post-war plan for Gaza
Recent weeks have seen an increasingly public rift over how Gaza should be governed after the war.BBC News - Top stories - Israel -
‘Free Scottie!’: Scheffler rebounds to post a spectacular closing round at PGA Championship
Scottie Scheffler bounced back with a stellar 6-under round to close out his very weird PGA Championship.Yahoo Sports - Sports -
Post-Brexit border system hit by delays and IT glitches, watchdog says
UK project faces ‘major challenges’ as costs spiral, National Audit Office warnsFinancial Times - Business -
Post-Brexit border checks forecast to cost UK £4.7bn, says NAO
Watchdog says says repeated delays have caused unnecessary costs and strategy lacks a ‘clear timetable’. The government expects to have spent at least £4.7bn on introducing post-Brexit border controls, which have been repeatedly hit by delays, the ...The Guardian - World - United Kingdom -
College football post-spring Top 25 Power Rankings
How does the Top 25 look following spring practice and another transfer period?ESPN - Sports - College Football -
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Netanyahu under pressure to detail post-war plans for Gaza
Israel's Prime Minister Benjamin Netanyahu is under pressure from both the U.S. and his country's parliament to explain what will happen in Gaza after the war against Hamas.CBS News - World - Israel -
Greene posts workout video after Crockett fundraising crack
Rep. Marjorie Taylor Greene (R-Ga.) is defending her "built and strong" physique, after Rep. Jasmine Crockett (D-Texas) returned a dig at her appearance during an insult-heavy clash in a House Oversight Committee hearing last week. "Yes my body is ...The Hill - Politics -
Five questions for ex-Post Office boss Paula Vennells
The former Post Office boss is due to give evidence to the public inquiry into the Horizon IT scandal.BBC News - Top stories -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business