RH’s stock is on pace for its best day in more than three years. Some analysts aren’t buying it.
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Reddit Stock Surges After Active Users Jump More Than Expected
Reddit posted higher revenue and a wider loss for the first quarter, as IPO-related costs weighed heavily on the social-media company.The Wall Street Journal - World -
NBA picks, best bets for playoffs: Knicks to pick up the pace in Game 2, plus an Isaiah Hartenstein prop
Why you should lean on the home team at the Garden on WednesdayCBS Sports - Sports - NBA -
Best gift cards for Mother's Day
Mom hard to shop for? Get her a gift card from retailers such as Ulta, Starbucks and more this Mother's Day.CBS News - Top stories -
AB InBev said its volumes dropped by less than expected in the first quarter and the brewer backed its guidance after saying that its three-month performance was encouraging.
AB InBev said its volumes dropped by less than expected in the first quarter and the brewer backed its guidance after saying that its three-month performance was encouraging.The Wall Street Journal - World -
Two more reasons for Victoria’s Secret’s troubles? Kim Kardashian and Rihanna, analyst suggests.
Analysts are worried about Victoria’s Secret losing market share — potentially to brands from celebrities like Kim Kardashian and Rihanna — and cutting prices in an effort to spur demand.MarketWatch - Business -
U.S. stocks ended mixed, with the Dow rising 0.4% to extend its longest winning streak of the year, while the Nasdaq fell 0.2%. The S&P 500 was essentially unchanged.
U.S. stocks ended mixed, with the Dow rising 0.4% to extend its longest winning streak of the year, while the Nasdaq fell 0.2%. The S&P 500 was essentially unchanged.The Wall Street Journal - World -
Drugmakers in Medicare negotiations spent more on shareholder payments and marketing than R&D last year: Report
A new report from the center-left watchdog group Accountable US found that most major drugmakers spent more on marketing costs and shareholder payments than on research and development (R&D). The report looked at eight companies — Johnson & ...The Hill - Politics -
Nintendo World Championships: NES Edition Preorders Are Selling Out Fast
The first Nintendo World Championships took place in 1990, giving the best players in the world a chance to face off in some of the most iconic games of all time. Fast-forward to today, and Nintendo is doing much the same for 2024. But instead of ...GameSpot - Tech -
Reddit Records Bigger-Than-Expected Jump in Users
Daily active users for the social-media company rose 37% to 82.7 million. The company posted higher revenue and a wider loss for the first quarter, hit by IPO-related costs.The Wall Street Journal - World -
Apple AirPods price tracker: When and where to buy Apple headphones at the best price
Pro tip: You may want to buy Apple AirPods Pro 2 right now. They're deeply discounted ahead of Memorial Day.CBS News - Top stories - Apple -
Best Buy has a sale on the 2024 Samsung Frame TV and you can save up to $200
Get the latest edition of Samsung's Frame TV for a limited time discount at Best Buy.CBS News - Top stories -
Intel’s stock drops after Biden administration bans some sales to China’s Huawei
Intel’s stock took a hit Wednesday after the semiconductor giant disclosed that a U.S. government ruling will stop the export of some of the company’s products to a customer in China.MarketWatch - Business - Joe Biden -
The new LG C4 OLED TV, one of the best new TVs for watching sports, is on sale for Mother's Day
The new, more powerful 2024 LG C4 series OLED TV is on sale for the first time ever.CBS Sports - Sports -
Robinhood’s stock rises 4% as company swings to profit, drums up more business
Robinhood says it snapped up business from brokerage rivals and made inroads among gold investors.MarketWatch - Business -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
1 in 24 NYC residents is a millionaire, more than any other city
If it feels like everyone in New York City is richer than you, it might be because they probably are.CBS News - Top stories -
China’s exports return to grow as Beijing prioritises high-tech manufacturing
Xi Jinping’s trade and industrial policy has drawn accusations of dumping from the US and EuropeFinancial Times - World - China -
Want More Nvidia? Investors Try Funds That Double Its Return---and Risk
Assets in leveraged single-stock ETFs have doubled this year.The Wall Street Journal - World -
Beyond Meat faces less demand, more discounts for its fake meat
Beyond Meat sees less demand for its plant-based meats, blames inflation and high interest rates.MarketWatch - Business -
Refinery29's New Owner Plans to Cover Sports, Buy More Media Companies
Essence taps advertising executive Kirk McDonald to lead Sundial Media Group, a holding firm tasked with making more deals.The Wall Street Journal - World -
Refinery29's New Owner Plans to Cover Sports, Buy More Media Companies
Essence magazine’s parent tapped advertising executive Kirk McDonald to lead Sundial Media Group, a holding firm tasked with making more deals.The Wall Street Journal - Business -
The U.S. Is Getting More Heavy Tornado Days. Scientists Are Trying to Figure Out Why.
The number of tornadoes so far in the United States this year is just above average. But their distribution is changing.The New York Times - Science -
FTX will return money to most customers less than 2 years after catastrophic crypto collapse
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than thatABC News - Tech - Crypto -
Most FTX customers to get all their money back less than 2 years after collapse
FTX says that nearly all of its customers will receive the money back that they are owed, two years after the cryptocurrency exchange imploded, and some will get more than thatABC News - Top stories -
More than 321,000 children lost a parent to overdose from 2011 to 2021: Study
A new study estimates than more than 321,000 children lost a parent to drug overdose between 2011 and 2021 with the rate of deaths more than doubling in that time frame. The study published in the JAMA Psychiatry medical journal found that an ...The Hill - Politics