Knight Swift’s stock hurt by profit warning on over supplied truck market and bad weather
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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 -
Thunderstorm weather warning issued by Met Office
Forecasters have warned some areas could see up to 50mm (2in) of rain and flooding on Saturday.BBC News - Top stories -
Brazil's Cavalhadas festival celebrates victory of Iberian Christian knights over the Moors
People in the heartland Brazilian city of Pirenopolis are taking to the streets in a procession of the Cavalhadas festivalABC News - World -
Bad weather may be cause of Iran helicopter crash, expert says
ABC contributor Col. Steve Ganyard, a former fighter pilot and a former State Department official, weighs in on what may have caused Iran helicopter crash.ABC News - Top stories - Iran -
Weather forecasters warn Pakistanis to stay indoors ahead of new heat wave
Authorities in Pakistan urged people to stay indoors as the country is hit by an extreme heat wave that threatens to bring dangerously high temperatures and yet another round of glacial-driven floodsABC News - World -
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Weather alters Saturday action at North Wilkesboro: Truck Series postponed, heat races canceled
Torrential rain and intermittent lightning have altered Saturday’s All-Star Weekend schedule at North Wilkesboro Speedway, leading to the NASCAR Craftsman Truck Series race being postponed and both 60-lap qualifying heats in the Cup Series being ...Yahoo Sports - Sports -
How Toyota's Tacoma became king of the U.S. midsize truck market
The midsize Toyota Tacoma truck outsells rivals, including American brands. But the market is increasingly crowded with trucks from Ford, GM, and EV brands.CNBC - Business -
1 person has died and another is hurt after a fiery tanker truck crash in Colorado
One person is dead and another has been hospitalized after a vehicle crashed into a tanker truck carrying fuel on Colorado’s main east-west highwayABC News - Top stories -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in expenses.
Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in expenses.The Wall Street Journal - World -
Why Utilities Are Lighting Up the Stock Market
Utility stocks are suddenly white hot, thanks largely to artificial intelligence’s thirst for electricity. Investors accustomed to thinking of the sector as sleepy and safe need to realize the game has changed.The Wall Street Journal - World -
Norwegian Cruise’s stock rises as profit outlook raised for 2nd time in 3 weeks
Norwegian Cruise Line’s stock rallied Monday, after the cruise operator raised its full-year profit outlook, again, citing continued “very strong demand.”MarketWatch - Business -
Warning over Asian hornets after record sightings
There have been 108 sightings of Asian hornets since 2016, of which 56 were in 2023.BBC News - Top stories -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
Cramer picks two 'winning' footwear stocks in a ‘nightmare’ athletic apparel market
CNBC's Jim Cramer on Thursday picked two footwear stocks he thinks are headed for success: On Holding and Deckers Outdoor.CNBC - Business -
Jim Cramer's top 10 things to watch in the stock market Friday
Wall Street heads for a flat open Friday. Reddit shares jump in the premarket while Cracker Barrel slides.CNBC - Business -
Market Froth Is Getting Extreme. Just Look at Meme Stocks.
When there’s a lot of money sloshing around the economy, it’s easy for new ideas to attract speculative money—and some of those ideas are just dumbThe Wall Street Journal - World -
Jim Cramer's top 10 things to watch in the stock market Monday
Stock futures were flat Monday as all three averages look to extend their winning streaks.CNBC - Business -
Stock gains in the summer are weaker when the market has been strong
This year there’s even less of a reason to expect a summer rally.MarketWatch - Business -
Jim Cramer's top 10 things to watch in the stock market Tuesday
Palo Alto Networks is better than it looks. Here's why.CNBC - Business -
What the fund flow data tell us about the stock and bond markets
Many investors are surprised to learn that there is an inverse relationship between fund flows and performance.MarketWatch - Business -
U.S. military says trucks have started bringing aid into Gaza over American-constructed pier
Trucks carrying humanitarian aid began moving ashore into Gaza Friday using a temporary pier built by the United States, delivering desperately needed supplies to the besieged Palestinian enclave.NBC News - Top stories -
Bad Bunny sports agency sues MLB players’ union over ‘death penalty’ ban
Bad Bunny-led firm accuses union of ‘biased' investigationSports representation firm lost MLBPA certification in AprilRimas Sports announces NL MVP Ronald Acuña Jr as clientBad Bunny’s sports representation firm sued the baseball players’ ...The Guardian - World - MLB -
Bad Bunny sports agency sues baseball players' union over ban, announces Ronald Acuña Jr. as client
Bad Bunny’s sports representation firm sued the baseball players’ association Thursday, asking for a restraining order against the union that would allow it to keep working with the company’s clientsABC News - Entertainment - MLB -
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 -
UN humanitarian chief delivers ‘apocalyptic’ warning over Gaza aid
Emergency relief coordinator says famine looming as Israel’s Rafah offensive blocks vital aid routes. The United Nations’ humanitarian chief has warned of “apocalyptic” consequences due to aid shortages in Gaza, where Israel’s military offensive ...The Guardian - World - United Nations -
Trump trial: Judge warns witness over 'side eye'
The prosecution rested its case on Monday and the defence called two witnesses - then Judge Merchan cleared the room.BBC News - Top stories - Donald Trump -
How Your Brand Can Win Over Gen Z With Marketing
They aren't the tech-obsessed teeny-boppers many of us remember. Gen Z is like nothing marketers have ever seen before.Inc. - Business -
More and more stocks are joining the market's rally to new highs. Here's why and when to buy
Wall Street's 19-session journey back to all-time highs has been swift but healthy.CNBC - Business -
Why Cathie Wood’s Ark Innovation ETF is struggling in 2024 despite the stock-market rally
One research analyst prefers the Nasdaq for exposure to “disruptive innovation.”MarketWatch - Business -
Is the meme-stock frenzy over already? Possibly, say experts.
Also, Best New Ideas in Money is back, Walmart had blowout earnings and AI is still buzzy.MarketWatch - Business -
Sony Music warns global tech and streamers over AI use of its artists
Music group representing Adele and Beyoncé contacts more than 700 companies to prohibit use of contentFinancial Times - Business -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
How copyright is killing creativity — except Taylor Swift’s
We must recognize the link between too much copyright, too much money, at least for the top artists, and too little music.The Hill - Politics -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World -
Mayor John Whitmire talks Houston's deadly weather
A severe storm blew through southeast Texas Thursday night, killing at least four people and bringing powerful winds and rain for the second time this month. More than 800,000 customers lost power due to the storm. Houston Mayor John Whitmire ...CBS News - Top stories -
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 -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World