Don't bet against Zuckerberg: Meta's earnings driven stock slide is an opportunity
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Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
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 -
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 -
Will I forfeit my 401(k) if I leave my job in fewer than five years?
Workplace retirement plans may have a vesting schedule. Here’s how it works.MarketWatch - 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 -
Corner Picks, best soccer bets, odds, predictions: Bayern Munich have something to play for, Aston Villa don't
Corner Picks looks for a late rally with the finish line looming.CBS Sports - Sports -
Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each
There will be less economic data in the week ahead, but we will get earnings from three portfolio names, including one of our two "own, don't trade" stocks.CNBC - Business -
Bet on the middle class and M&A with these stocks as Dow nears 40,000, says value manager
Ariel Investments’ vice chairman Charlie Bobrinskoy tells CNBC that as the Dow nears 40,000, there are bargains to be found in the value space.MarketWatch - Business -
Musk, Bezos, Zuckerberg and other tech titans stand in the way of the common good
What better lesson in inequality is there today than that of the extraordinary rise of the tech titans, who have harnessed technology to accumulate unimaginable wealth and power and yet prevented it from benefitting the common good?MarketWatch - Business -
Researchers build AI-driven sarcasm detector
Being able to detect lowest form of wit could help AI interact with people more naturally, say scientists. Never mind that it can pass the bar exam, ace medical tests and read bedtime stories with emotion, artificial intelligence will never match ...The Guardian - World -
First aid shipment driven across new Gaza pier
The U.S. military said the first aid shipment was driven across the new U.S.-built Gaza pier on Friday, ramping up the delivery of humanitarian assistance for Palestinians who are facing deprivation and hunger in Gaza. U.S. Central Command said ...The Hill - Politics -
Meta slapped with child safety probe under sweeping EU tech law
Facebook parent company Meta on Thursday was hit with a major investigation from the EU into risks of its platforms to minors.CNBC - Business - European Union -
Meta Faces Fresh Probe Over ‘Addictive’ Effect on Kids
The EU has launched an investigation into Facebook and Instagram’s child protection measures as part of mounting concerns around minors’ use of social media.Wired - Tech -
Meta Faces EU Probe Over Facebook, Instagram Child-Protection Policies
The investigation, which could eventually lead to a fine, will look into the platforms’ use of algorithms that officials said may stimulate addictive behavior in children.The Wall Street Journal - Tech - European Union -
Meta Faces EU Investigation Over Child Safety Risks
The Digital Services Act, which became active last year,requires social media platforms to work harder to prevent dangerous and illegal content from reaching younger users.Inc. - Business - European Union -
EU investigating Meta over addictive effects of Facebook, Instagram on children
The European Union is investigating Meta, the parent company of Facebook and Instagram, over the potentially addictive effects of its platforms on children. The bloc’s executive arm, the European Commission, opened “formal proceedings” against ...The Hill - Politics - European Union -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
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 -
Biogen and Ionis Pharma shares slide as they end development of ALS treatment
The move comes after early-stage trial failed to result in a clear signal it slowed the disease process.MarketWatch - Business -
Vaughan Gething says Plaid Cymru ‘walked away from opportunity to deliver for Wales’ as it ends cooperation agreement - UK politics live
Plaid Cymru has ended its cooperation agreement with Welsh Labour government in the Senedd over concerns regarding donations to leader Vaughan Gething. The Daily Express and Daily Mail have both asked questions about the taxing of pensions. Jeremy ...The Guardian - World - United Kingdom -
Here's what has driven the Dow rally to 40,000, and why it could keep going
The Dow Jones Industrial Average passing the 40,000 barrier makes for a nice headline, but market experts do not take much else from the move.CNBC - Business -
Here's what has driven the Dow rally to 40,000, and why it could keep going
Passing major milestones such as the 40,000 barrier the Dow Jones Industrial Average eclipsed this week makes for a nice headline, but market experts do not take much else from the move.NBC News - Top stories -
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 -
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 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 -
easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.The Wall Street Journal - Business -
How much interest would a $10,000 6-month CD earn now?
You could earn a significant return on your money simply by depositing some of it into a six-month CD right now.CBS News - Top stories -
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 -
EU investigates Facebook owner Meta over child safety and mental health concerns
Company’s social media platforms, which also include Instagram, may have addictive effects, says European Commission. • Business live – latest updates. The European Commission has opened an investigation into the owner of Facebook and Instagram ...The Guardian - World - European Union -
Superflex Mock Draft Recap: Patrick Mahomes is still QB1, Caleb Williams and other rookie quarterbacks slide
Plus, find out where rookie wide receivers Marvin Harrison Jr. and Malik Nabers were selectedCBS Sports - Sports - NFL -
US military says the first truckloads of aid have been driven across a newly built US pier into the war-torn Gaza Strip
US military says the first truckloads of aid have been driven across a newly built US pier into the war-torn Gaza StripABC News - World -
Inside Typical Gamer’s $2M bet on Jogo, his own UEFN studio
Fortnite content creator Andre "Typical Gamer" Rebelo is investing $2M into his own UEFN studio Jogo Studios to develop UGC-native gaming IP.VentureBeat - Tech -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
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 -
As the 2024 Race Heats Up, Betting Is Growing for Everything but Elections
U.S. residents can still gamble on the presidential race — but regulators are trying to stop the practice.The New York Times - Business -
Biden and Trump are both betting on debates to help magnify the other’s weaknesses
Trump will look to again cast Biden as greatly diminished while Biden will aim to remind voters why they rejected Trump in 2020. US politics live – latest updatesSign up for The Stakes, our US elections newsletterIt’s game on for a pair of ...The Guardian - World - Joe Biden -