D.R. Horton’s stock rallies as limited home supply boosts profit and sales
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AMC completed sale $250 million of stock Monday after meme-stock rally
AMC’s stock is surging at a frenzied pace.MarketWatch - Business -
AMC completes $250 million stock sale during meme rally, shares jump 30%
AMC shares soared following news of the sale and was paused for volatility at one point.CNBC - Business -
Alibaba’s stock slumps after another profit miss
Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.MarketWatch - Business -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - World -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - Business -
AMC’s high-yield bonds are rallying with the stock and offering yields close to 30%
AMC Entertainment Inc.’s bonds were rallying Tuesday and were the biggest gainers in the high-yield space, swept up by the resumption of the meme-stock trend that took hold of markets on Monday.MarketWatch - Business -
Japan's Sony reports surge in profit on strong sales of movies, games and music
Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and moviesABC News - Entertainment -
Burberry’s profits plunge as sales slump on slowing luxury demand
Burberry on Wednesday said the slowdown in the luxury goods market hit its sales in the final quarter of 2024 and led to a sharp 34% drop in its full-year profits.MarketWatch - Business -
Home Depot misses on revenue, as high interest rates hurt sales
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.CNBC - Business -
Home Depot's sales continue to soften in 2024 as inflation, delayed start to spring weigh on sales
Home Depot’s sales continued to soften in the first quarter as the nation’s largest home improvement retailer not only was constrained by high mortgage rates and customers dealing with inflation concerns, but it also had to deal with a delayed ...ABC News - Top stories -
These stocks could see ‘immense’ profits as Canada’s economy sinks, says veteran trader
Veteran trader Kevin Muir is really bearish on Canada, and offers a couple ways for investors to play that.MarketWatch - Business -
GameStop’s meme-stock rally is a ‘short-term baseless frenzy,’ brokerage CEO says
The meme rally that sent shares of GameStop Corp. soaring this week will likely peter out in a couple of days, says Dan Raju, the CEO of cloud-based financial-services provider Tradier.MarketWatch - Business -
Reddit shares close near record after two-day rally driven by meme stocks
Reddit shares popped Tuesday after retail traders kicked off a meme stock buying frenzy.CNBC - Business -
GameStop, AMC decline as meme stock rally fizzles after just two days
GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.CNBC - Business -
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.CNBC - Business -
2024 NBA Draft Combine takeaways: KJ Simpson boosts stock, Jamal Shead goes nuts, Bronny James blends in
Elsewhere in the Windy City, remember Trentyn Flowers?CBS Sports - Sports - NBA -
Your home sale could trigger capital gains taxes. Here's how to calculate your bill
Home prices are rising, and selling your primary home could trigger capital gains taxes. Here is how to calculate your tax bill.CNBC - Business -
Home Depot’s sales fall short of estimates as spring selling season sees delayed start
Home Depot Inc.’s stock was down 0.9% Tuesday, after the home-improvement retailer beat profit estimates for the first quarter but saw sales fall slightly short as the spring selling season got off to a delayed start.MarketWatch - Business -
Burgum's stock rises in Trump veepstakes
Doug Burgum has emerged unexpectedly as a top choice to serve as former President Trump's running mate, a development that comes after the North Dakota governor failed to gain traction against the former president in his White House bid. Burgum ...The Hill - Politics - Donald Trump -
On Holding more than doubles profit
On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.MarketWatch - Business -
Stocks Rise Amid Mixed Signals on Inflation
Stocks edged higher after the producer-price index rose more than expected in April but data for the prior month was revised lower.The Wall Street Journal - World - Inflation -
Roaring Kitty's Return Sends GameStop Stock Surging
The pandemic "meme stock" run is the stuff of history books and Hollywood movies these days, and now one of the figures central to that phenomenon has made a grand return. Keith Gill, better known by his online handle Roaring Kitty, posted a meme ...GameSpot - Tech -
Stocks Mixed After Producer-Price Data
U.S. stocks were mixed in recent trading as investors digested wholesale-inflation data and awaited a reading on consumer prices, due Wednesday .The Wall Street Journal - World - Stock Market -
Stock Futures Flat With Inflation Report in Limelight
Stock futures were little changed as investors await April’s consumer-price index data.The Wall Street Journal - World - Inflation -
The Israel-Hamas war in maps: latest updates
A visual guide to the warFinancial Times - Business - Israel -
GameStop shares slide as meme stock fervor fades
Shares of GameStop, AMC Entertainment and other so-called meme stocks dipped ahead of the start of trade on Wednesday.CBS News - Top stories -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - World -
Tencent profits soar on its online advertising boom
Chinese internet giant focuses on other high-margin businesses as its blockbuster online games ageFinancial Times - World -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - Business -
E.ON Backs Guidance After Swing Back to Profit
E.ON reiterated its full-year views and confirmed its planned investments for the year after it reported a profit in the first quarter, driven by investment-led growth.The Wall Street Journal - World -
Burberry Profit Falls as Soft Demand, Turnaround Bite
Burberry posted a decline in profit for fiscal 2024 as it kept struggling to revitalize its business through a turnaround plan against a backdrop of slowing luxury demand.The Wall Street Journal - World -
GameStop stock surges over 70%—but investors should still be wary of 'meme stocks'
Roaring Kitty returns to social media, GameStop's stock surges and short sellers lost over $1 billion. However, investors should be wary of chasing meme stocks.CNBC - Business -
Kraft Heinz Explores Sale of Oscar Mayer
The famed hot-dog business could fetch between $3 billion and $5 billion.The Wall Street Journal - Business - Oscars -
Amazon has a huge sale on Beats headphones and earbuds
Shop some of the best-selling Beats headphones and earbuds at Amazon to save hundreds on your favorite pair.CBS News - Top stories - Amazon -
Kenya Rallies Police Officers Ahead of Haiti Deployment
The East African country is preparing to send hundreds of police officers as the first wave of a multinational force aimed at stabilizing the chaos-ridden Caribbean nation.The New York Times - Top stories