JPMorgan, Wells Fargo, Citi stocks drop despite robust first quarter earnings
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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 -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.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 -
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 -
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 -
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 -
Dow Edges Higher at the Open After 40000 Milestone
Stocks rose slightly after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
Premier League betting: Despite Manchester City's status as extreme title favorites, there's still value to be had Sunday
City is -1600 to win the league but only -900 to beat West Ham. A victory over West Ham locks up a fourth consecutive EPL title.Yahoo Sports - Sports - Premier League -
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 -
Chiefs first-round rookie Xavier Worthy's car stolen from parking garage in Kansas City, per reports
The vehicle was reportedly taken by criminals overnightCBS Sports - Sports -
Republicans vow a robust 'ballot harvesting' operation after years of protest and fraud claims
After years of railing against the practice of collecting and delivering other voters’ ballots, Republicans are vowing to mount their own “ballot harvesting” operation ahead of the 2024 presidential election.NBC News - Top stories - Republican Party -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
Marsch: Wasn't treated well in USMNT coach hunt
Newly appointed Canada coach Jesse Marsch has criticized U.S. Soccer over its treatment of him during the process of hiring the U.S. men's national team coach last year.ESPN - Sports -
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 -
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 -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
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 -
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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 -
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How Russia has advanced in Kharkiv despite warnings attack was coming
Shortage of munitions, fighters and air defences leaves Ukraine unprepared to repel attack. Russia’s attack across the border north and north-west of Kharkiv was telegraphed by Moscow, predicted by western intelligence and anticipated by Ukraine. ...The Guardian - World - Russia -
The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - 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 -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
U.K.’s largest property developer says office tap-ins up 18%
Higher interest rates knocked £625 million off the value of Landsec’s office portfolioMarketWatch - Business -
Jesse Marsch on being candidate for USMNT job: 'I wasn't treated very well in the process'
Marsch discussed his decision to take the Canada job on Call It What You WantCBS Sports - Sports -
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Mets owner Steve Cohen denies team is planning to sell at trade deadline despite now-deleted tweet
The Mets sit in fourth place in the NL East at 19-23CBS Sports - Sports -
Tom Brady won't be restricted on NFL games he can broadcast despite pending ownership deal with Raiders
An NFL exec says as of right now, 'Tom's able to call any game on the schedule'CBS Sports - Sports - NFL -
2024 PGA Championship takeaways: Rory McIlroy looks poised to break major drought despite struggles off tee
Will McIlroy win his third straight tournament and take home his first major championship in a decade?CBS Sports - Sports -
Thomas Tuchel won't return to Bayern Munich despite new contract talks: 'We couldn't reach an agreement'
Tuchel and Bayern first agreed he'd leave in February before rekindling talksCBS Sports - Sports -
Sharon Stone and Liam Neeson want Kevin Spacey to return to acting despite new allegations
Sharon Stone, Liam Neeson and more actors are coming to the defense of Kevin Spacey and calling for his return to the industry at large.NBC News - Top stories