Nio’s stock jumps after report of China’s plan to boost EV sales
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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 -
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 -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - 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 -
Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.CNBC - Business -
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.The Wall Street Journal - World -
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 -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - Business -
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Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Oliv unveils its AI copilot to boost sales team efficiency and deal closures
Oliv has launched its AI copilot for sales team that tackles mundane, but important, tasks that will free salespeople up to close more deals.VentureBeat - Tech -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031ABC News - Tech - China -
South Korean court rejects effort to block plan that would boost medical school admissions
A South Korean court has ruled in favor of the government’s contentious plan to drastically boost medical school admissionsABC News - Health - South Korea -
Yonhap news agency says Seoul court has ruled in favor of the government’s plan to boost medical school admissions
Yonhap news agency says Seoul court has ruled in favor of the government’s plan to boost medical school admissionsABC News - Health -
Trump aides plot deportation effort inspired by UK Rwanda plan – report
Wall Street Journal notes that British example may not be a good one, as ‘plan hasn’t gone into effect yet ‘amid legal challenges’. Aides to Donald Trump working to transform US immigration policy should he return to power are pursuing goals ...The Guardian - World - United Kingdom -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
Chevy Bolt owners win $150 million settlement after EVs caught fire
Some owners of the electric vehicle will be eligible for compensation of up to $1,400 because of a battery problem that caused fires.CBS News - Top stories -
A year after its Tony boost, Pasadena Playhouse unveils 2024-25 season
A year after winning the Regional Theatre Tony Award, Pasadena Playhouse unveils its 2024-25 season and readies to celebrate the 100th anniversary of its historic building.Los Angeles Times - Entertainment -
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 -
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 -
Frustration with Netanyahu boils over on plans for Gaza after Hamas
Frustration is growing in Israel with Prime Minister Benjamin Netanyahu’s handling of the war against Hamas and his growing split with President Biden, raising fears that the public tensions could invite increased attacks from Iran and its proxies ...The Hill - Politics - Israel -
Rescue teams search for Iran's president after helicopter crash - reports
A helicopter carrying President Ebrahim Raisi made a "hard landing" in adverse weather, state media says.BBC News - Top stories -
Harrison Butker’s jersey sales rise as right wing lauds Chiefs kicker after rant
Josh Hawley among conservatives delighted by football player’s commencement speech pummeling Pride and working women . Harrison Butker’s university commencement address at Benedictine College excoriating Pride month, working women, abortion rights ...The Guardian - World -
Microsoft plans a shake-up of its videogame sales strategy by releasing the next "Call of Duty" to its subscription service instead of the lucrative approach of only selling it a la carte.
Microsoft plans a shake-up of its videogame sales strategy by releasing the next “Call of Duty” to its subscription service instead of the lucrative approach of only selling it a la carte.The Wall Street Journal - World -
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 -
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 -
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
DuPont stock hits new high after an analyst's upgrade — why we're not buyers here
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.The Wall Street Journal - World -
USC paid nearly $20 million in Lincoln Riley's first season after poaching coach from Oklahoma, per report
The Trojans paid a king's ransom for the splash hireCBS Sports - Sports -
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BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Did Billie Eilish just jump into the race for song of the summer?
Pop superstar Billie Eilish's new album 'Hit Me Hard and Soft' is due Thursday night. One breezy track already feels like a hit.Los Angeles Times - Entertainment -
England's Kane suffers injury scare on Euros' eve
England captain Harry Kane is struggling with a back injury less than a month out from the European Championship, with Bayern Munich manager Thomas Tuchel confirming he will miss the final game of the season.ESPN - Sports