Earnings Results: Levi’s gives upbeat sales forecast — while leaning less on jeans
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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 -
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 - 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 -
Boebert heckled in New York while defending Trump
Rep. Lauren Boebert (R-Colo.) was heckled outside the Manhattan courthouse Thursday where she was attempting to defend former President Trump at his criminal hush money trial. As Boebert and several other Republicans broke away from a makeshift ...The Hill - Politics - New York -
Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gainsMarketWatch - Business -
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Michael Cohen tells trial he once thought Stormy Daniels was extorting Trump over her story – live
Former Trump lawyer once told the district attorney’s office about this assessment, hush-money trial hears. Michael Cohen takes stand for cross-examination in Trump trialJudge Juan Merchan is on the bench and the court is in session.. Donald Trump ...The Guardian - World - Donald Trump -
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 -
Roche says weight loss drug shows promising results in early trial
The weekly injection helped patients with obesity lose 18.8% of their weight relative to those who received a placebo, after 24 weeks in the phase one trial.CNBC - 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 -
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 -
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 -
Justice Department formally moves to reclassify marijuana as a less dangerous drug in historic shift
The Justice Department has formally moved to reclassify marijuana as a less dangerous drug, a historic shift in generations of U.S. drug policyABC News - Health -
Justice Department formally moves to reclassify marijuana as a less dangerous drug in a historic shift in US drug policy
Justice Department formally moves to reclassify marijuana as a less dangerous drug in a historic shift in US drug policyABC News - Health -
2024 NBA playoffs bracket, schedule, scores, results: Timberwolves blow out Nuggets, force Game 7
The Celtics became the first team to punch their ticket to the final four of the NBA playoffsCBS Sports - Sports - NBA -
West Virginia candidate hospitalized after being bitten by snakes while removing campaign signs
A candidate for West Virginia secretary of state is hospitalized for copperhead snake bites sustained while he was removing election campaign signsABC News - Top stories -
Trump: Putin, Xi planning to ‘do damage’ while ‘I’m sitting here in an icebox’
Former President Trump delivered remarks Thursday following a day in court for his criminal hush money trial, saying Chinese leader Xi Jinping and Russian President Vladimir Putin are meeting to do “damage” while he’s been sitting "in an icebox.” ...The Hill - Politics - Donald Trump -
West Virginia candidate hospitalized after being bitten by snakes while removing campaign signs
A candidate for West Virginia secretary of state said he has been hospitalized for copperhead snake bites sustained while removing election campaign signs.NBC News - Politics -
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.Inc. - 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 -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Amazon Is Hosting a Massive Book Sale
Ebooks, paperbacks, and hardcover editions are deeply discounted through May 20.Wired - Tech - Amazon -
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Cash Crunch May Force Sale of Stability AI
As tech giants start to dominate the artificial intelligence market, smaller players feel the squeeze.Inc. - Business -
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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 -
Aristocrat to Consider Sale, Spinoff of Game Developers
Australia-based slots and digital gaming company Aristocrat Leisure will consider a sale or a spinoff of two game developers that no longer fit in as well in its portfolio.The Wall Street Journal - Business -
Flats for sale with outside space in Great Britain – in pictures
From balconies with countryside and harbour views, to those with far-reaching cityscapes Continue reading...The Guardian - World -
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Newzoo revises 2023 games revenue forecasts down to $184B
Newzoo has adjusted its 2023 games revenue estimates, putting the numbers down from $187 billion to $184 billion.VentureBeat - Tech