Philip Morris’s stock pulls back premarket as profit beats expectations but outlook misses
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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 -
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 -
Macy’s stock rises as sales beat views, thanks to Bloomingdale’s and Bluemercury
Macy’s stock rose Tuesday, after the department store chain reported fiscal first-quarter results that fell from a year ago but that beat expectations, and nudged up its full-year outlook.MarketWatch - Business -
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 -
Generali Outlook on Track After Quarterly Beat
Generali backed its financial targets after it reported better-than-expected results for the first quarter, with solid growth across all of its business.The Wall Street Journal - World -
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 -
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 - Business -
Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more
These are some of the stocks posting the largest moves in premarket trading.CNBC - Business - Stock Market -
Are consumers pulling back on spending? It depends which CEO you ask
With higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on the table for many consumers.NBC News - Top stories -
Are consumers pulling back on spending? It depends on which CEO you ask
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.CNBC - Business -
Li Auto says order intake misses expectations as earnings slump
Chinese electric vehicle maker Li Auto said order intake was worse than expected in March as its profit declined in the first quarter.MarketWatch - Business -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
Mulvaney: Bragg’s folly: What to expect if Trump beats the rap
Regardless of outcome, if Trump does in fact win reelection in 2024, history may well look back on the decisions of one man as more responsible for that outcome than any other: Manhattan District Attorney Alvin Bragg (D).The Hill - Politics - Donald Trump -
Judge in Trump trial weighs jury instructions after defense rests
Former President Donald Trump's defense rested its case at his "hush money" trial, signaling the start of the final chapter of proceedings before the jury begins deliberations.CBS News - Top stories - Donald Trump -
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 -
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 -
Cavaliers' Donovan Mitchell reportedly expected to miss Game 5 vs. Celtics with calf strain
Mitchell is missing his second consecutive game.Yahoo Sports - Sports - NBA -
Celtics C Kristaps Porzingis reportedly expected to miss start of Eastern Conference finals
The Celtics are optimistic the big man will return at some point in the series.Yahoo Sports - Sports -
Patriots' Cole Strange expected to miss start of 2024 season due to knee injury, per report
Strange suffered the knee injury late last seasonCBS Sports - Sports - NFL -
Zelda: Tears Of The Kingdom Link Figma Collectible Preorders Back In Stock At Amazon
At long last, a Figma figure of Link from The Legend of Zelda: Tears of the Kingdom is on the way. Figma toys are some of the best when it comes to striking a pose, as they have an incredible range of articulation, plenty of accessories, and ...GameSpot - Tech -
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 -
Missed the gold and silver rally? Metal mining stocks may be a way to catch up.
Gold and silver look ripe to extend a powerful rally, but shares of miners of precious metals still poised to play catch upMarketWatch - Business -
Trump trial takes break for Barron's graduation, Cohen expected back on stand Monday
Donald Trump's criminal trial is taking a break Friday so the former president can attend his son Barron's high school graduation. When the trial resumes Monday, Trump's former personal lawyer Michael Cohen is expected to resume testimony. ...CBS News - Top stories - Donald Trump -
Denver Nuggets 2024 NBA offseason preview: Expect the former champs to run it back
The Nuggets have the best player in basketball in Nikola Jokić, and he should have at least another 5-6 years left of MVP-caliber play.Yahoo Sports - Sports - NBA -
XPeng’s stock soars after EV maker’s sales beat by widest margin in 2 years
XPeng’s stock powered higher Tuesday, after the China-based electric vehicle maker reported first-quarter results that beat expectations by wide margins, fueled by higher deliveries and cost-cutting.MarketWatch - Business -
WATCH: Shohei Ohtani picks up first walk-off hit as a Dodger as Los Angeles storms back to beat Reds
Ohtani struck the winning blow in Sunday's extra-innings win over the RedsCBS Sports - Sports - MLB -
Officially Licensed Elephant Mario Plush From Super Mario Bros. Wonder Is Back In Stock
Super Mario is no stranger to power-ups that transform him into animals; the acrobatic plumber has morphed into a raccoon, frog, bunny, cat, etc. But last year's Super Mario Bros. Wonder introduced an instant classic that will be hard to top: ...GameSpot - Tech -
Jamie Dimon says JPMorgan stock is too expensive: 'We're not going to buy back a lot'
JPMorgan Chase has seen its shares surge 40% over the past year, reaching a 52-week high on Monday before Dimon's comments dinged the stock.CNBC - Business -
Lowe’s stock rises after retailer tops earnings estimates and backs full-year guidance
Lowe’s Cos. Inc.’s stock rose 2.2% premarket Tuesday, after the home-improvement retailer posted better-than-expected first-quarter earnings as a decline in big ticket spending was partially offset by positive performance in Pro and online.MarketWatch - Business -
GameStop and AMC pare back gains as dust settles from Roaring Kitty-fueled meme-stock frenzy
GameStop Corp. and AMC Entertainment Holdings Inc. pared back Monday’s gains Tuesday as the dust continued to settle from last week’s meme-stock frenzy.MarketWatch - Business -
Chiefs' Wanya Morris, Chukwuebuka Godrick arrested for misdemeanor marijuana possession
Kansas City Chiefs players Wayna Morris and Chukwuebuka Godrick were arrested for misdemeanor marijuana possession, according to a Johnson County Sheriff.Yahoo Sports - Sports -
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 -
Boy pulled from river remains critically ill
A teenager remains in a critical condition after a second boy died in the River Tyne in Ovingham.BBC News - Top stories -
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 -
Kirk Cousins? Michael Penix Jr.? Atlanta's new culture has the answer
It's early, but the first days of Raheem Morris' Falcons have "a different vibe" and are drawing positive reviews from the players.Yahoo Sports - Sports -
'We'll miss you, Jurgen'
German journalist and author Raphael Honigstein sums up the Jurgen Klopp era at Liverpool - and why all of English football should be grateful that the 'Normal One' graced our game.BBC News - Top stories -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
Kingfisher Maintains Outlook Despite Market Uncertainty
Kingfisher reiterated its guidance for the fiscal year after first-quarter sales fell by less than expected, but remained cautious regarding the market outlook for 2024.The Wall Street Journal - World -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World