Dassault Systemes Full Year on Target After Profit Rise
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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 -
Harrison Butker’s jersey sales rise as right wing lauds Chiefs kicker after rant
Josh Hawley among conservatives delighted by football player’s commencement speech pummeling Pride and working women . Harrison Butker’s university commencement address at Benedictine College excoriating Pride month, working women, abortion rights ...The Guardian - World -
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 -
Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia-Pacific spending waned.CNBC - Business -
U.K. Inflation to Settle Below 2% Target
Inflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.The Wall Street Journal - World - United Kingdom -
The Next Grand Theft Auto Is a Lucrative Moving Target
Take-Two’s shifting forecasts have spawned a long waiting game, but a big payoff still likely.The Wall Street Journal - World -
Why The Mirage is closing after 34 years
The Mirage Hotel and Casino is closing on the Las Vegas Strip after it was acquired by Hard Rock in 2022.ABC News - Top stories -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
Gaza humanitarian aid pier completed, Hezbollah targets base in Israeli territory
A floating pier for the delivery of desperately needed humanitarian aid has been completed off the shore of Gaza, the U.S. military says. CBS News national security contributor Sam Vinograd has more on that and the threats Israel has been facing ...CBS News - Top stories - Israel -
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House passes TICKET Act targeting concert 'hidden fees'
The House passed bipartisan legislation Wednesday that would require event ticket sellers to disclose the total cost of tickets upfront to consumers, including so-called hidden fees. The bill, dubbed the Transparency In Charges for Key Events ...The Hill - Politics -
Ubisoft meets FY24 sales targets but cancels The Division Heartland
Ubisoft’s latest financial report shows it’s on track to meet targets, but The Division Heartland has been cancelled to save on costs.VentureBeat - Tech -
Tokyo Disney is using American influencers to target U.S. customers
Tokyo Disney Resort will open a massive expansion that includes new lands and attractions modeled after its hit films “Frozen,” “Tangled,” and “Peter Pan.”NBC News - Top stories -
Shell urged to clarify climate targets as it braces for shareholder rebellion
NBIM, one of oil group’s largest investors, calls for ‘additional disclosures’ about green commitments ahead of AGM. Norway’s state investment fund has urged Shell to clarify its climate targets as the oil group braces for its biggest ever green ...The Guardian - World - Climate -
Ukraine Asks U.S. to Provide More Intelligence on Targets in Russia
American officials say they do not want U.S. weapons used in cross-border attacks or intelligence reports used to strike inside Russia.The New York Times - Top stories - Ukraine -
Ukraine Asks for U.S. Help in Striking Targets Inside Russia
Ukraine has also asked the U.S. to lift restrictions on the use of American provided weapons against military objectives inside Russia, U.S. and defense officials said.The Wall Street Journal - World - Ukraine -
Jim Cramer's week ahead: Earnings from Nvidia, Target, Macy's
CNBC's Jim Cramer highlighted earnings reports from Palo Alto Networks, Toll Brothers, Ross Stores and Deckers Outdoor.CNBC - Business -
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Algerian man found alive in cellar after 26 years
Officials have arrested a 61-year-old man suspected of keeping him prisoner.BBC News - Top stories -
Regiment cleared 40 years after Falklands ship bombing
Declassified documents clear army regiment after bombing of the Sir Galahad in the Falklands War.BBC News - Top stories -
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 -
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 -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World