Netflix profits surge as streaming service adds 9.3m subscribers in latest quarter
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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 -
Venu Sports announced as brand for ESPN, Fox and Warner Bros. Discovery joint sports streaming service
The joint sports streaming service combining ESPN, Fox and Warner Bros. Discovery programming will be called Venu Sports.Yahoo Sports - Sports -
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 -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
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 -
Tokyo battles surge of destructive raccoons that went from pet to pest
Hotline set up in Japan’s capital to report sightings of raccoons, which became popular as pets after success of 1970s TV anime series. Having won the battle to tackle Tokyo’s population of giant, ravenous crows, the city’s authorities are now ...The Guardian - World -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
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 -
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 -
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 -
Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.MarketWatch - Business -
Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says.
Renters are swapping high-cost cities with expensive rentals for more affordable markets, a Redfin report found.MarketWatch - Business -
Financial Services Roundup: Market Talk
Read about SPDR Gold, Robinhood Markets, Canadian household borrowing, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Uber launches service that can help with eldercare
Transportation to medical appointments or medical errands can be arranged by app and paid for with health insuranceMarketWatch - Business -
HMRC warned again on poor customer service
Extra government funding for tax authority is not enough, say expertsFinancial Times - World -
Fantasy Baseball Weekend Preview: Substantial streaming should send you to success
Fantasy baseball analyst Fred Zinkie delivers his full-scale blueprint to finishing Week 7 on a high note.Yahoo Sports - Sports - Fantasy Football -
Dabney Coleman: Where to Stream His Best Movies and TV Shows
Coleman’s characters frequently displayed the kind of antagonistic demeanor familiar to anyone who has ever dealt with a bad boss or a disgruntled customer.The New York Times - Top stories -
Netflix Isn’t About Flicks Anymore
And it’s not just Netflix—Max, Disney+, and even YouTube are also turning their attention to series, sports, and shorts.Wired - Tech - Netflix -
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 -
Reroute funding to boost local NHS services, says opinion poll
Public priorities at odds with government spending programme for community healthcare, data showFinancial Times - World -
Happy Employees, Happy Customers: The Key to Unlocking Exceptional Service
Before you can have happy, satisfied customers, you have to provide employees with the tools they need to deliver five-star service.Inc. - Business