Barclays shares surge as bank beats forecasts despite drop in profits
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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 -
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 -
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 -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.MarketWatch - Business -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
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 -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
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 -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - 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 -
CCTV appears to show Diddy beating girlfriend in hotel
The clip seems to show an attack described in Casandra Ventura's lawsuit against the rapper last year.BBC News - Top stories -
Phoenix is beating the rest of the country on inflation — on paper anyway
Phoenix is closer to winning the war on inflation than most other cities.NBC News - Top stories -
Verstappen beats McLarens to take Imola pole
Red Bull’s Max Verstappen fends off McLaren rivals in a tight battle for pole position at the Emilia Romagna Grand Prix.BBC News - Top stories -
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 -
Tokyo battles surge of destructive raccoons that went from pet to pest
Hotline set up in Japan’s capital to report sightings of raccoons, which became popular as pets after success of 1970s TV anime series. Having won the battle to tackle Tokyo’s population of giant, ravenous crows, the city’s authorities are now ...The Guardian - World -
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 -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Sophie Ecclestone shines as England beat Pakistan to seal T20 series
Sophie Ecclestone became England’s leading T20 wicket-taker as her side secured a 65-run victory in Northampton. Right then. Maia Bouchier is taking guard. Waheeda Akhtar has the ball in her hand. We’re ready to go….. Really intersting chat on Sky ...The Guardian - World - Pakistan -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
Panthers beat Bruins with late game-winner, advance to Eastern Conference final
Gustav Forsling scored the tiebreaking goal on a rebound with 1:33 left to lead the Florida Panthers to a 2-1 victory and eliminate the Boston Bruins from their second-round playoff series in six gamesABC News - Sports - NHL -
Phillies do what they've done best to beat Nationals in series opener
Life's a lot easier as a pitcher, hitter or manager when you're playing from ahead, and the Phillies have done it five days a week all season.Yahoo Sports - Sports -
No ‘cop on the beat’: Why the SEC may deny new ether ETFs this month
The U.S. Securities and Exchange Commission is expected to make a key decision on approving ether ETFs.CNBC - Business -
Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says.
Renters are swapping high-cost cities with expensive rentals for more affordable markets, a Redfin report found.MarketWatch - Business -
The Northern Lights Forecast in the U.K.
Sightings of the aurora borealis are unlikely in the U.K. this weekend, but the northern lights could return on Monday, forecasters said.The New York Times - World -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Kanté in France's Euro squad despite Saudi move
France coach Didier Deschamps included midfielder N'Golo Kanté in his preliminary list of players for the European Championship on Thursday and gave a first call-up to Paris Saint-Germain forward Bradley Barcola.ESPN - Sports -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - Business -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
'They beat our ass': Wolves' rout of champs sets up a monster Game 7
After a resilient Game 6, the NBA's marquee series is headed for what could be an instant classic between Minnesota and the champs.Yahoo Sports - Sports - NBA -
Rangers score four third-period goals to beat Hurricanes, 5-3, in Game 6 and advance to Eastern Conference Finals
Chris Kreider scored three goals in the third period as the resilient Rangers earned another comeback victory in beating the Carolina Hurricanes, 5-3, in Game 6 of their second-round series.Yahoo Sports - Sports -
Tom Brady roasts Jaguars during recent podcast appearance, says they were easy to beat
Brady pulled no punches against JacksonvilleCBS Sports - Sports - NFL -
Video appears to show Sean 'Diddy' Combs beating singer Cassie in hotel hallway in 2016
Security video appears to show Sean ‘Diddy’ Combs beating singer Cassie in a Los Angeles hotel hallway in 2016ABC News - Entertainment -
Video appears to show Sean 'Diddy' Combs beating ex Cassie in 2016 hotel footage
Surveillance video shows Sean “Diddy” Combs assaulting ex-girlfriend Cassie in a 2016 hotel attack. Cassie detailed the abuse in a since-settled lawsuitNBC News - Top stories -
New York Rangers beat Carolina Hurricanes 5-3 to advance to Eastern Conference Final
New York Rangers beat Carolina Hurricanes 5-3 to advance to Eastern Conference FinalABC News - Sports - New York