Latest in Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
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Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
Target hosted an investor day in New York City and outlined its plans to grow over the next five years after issuing fiscal 2024 fourth quarter earnings.CNBC - 5h -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - 5d -
Yum Brands reveals Taco Bell growth target as its same-store sales shine
Taco Bell’s same-store sales are expected to rise 8% in the first quarter.MarketWatch - 1h -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - Feb. 20 -
Lucid aims to double EV production this year, stock rallies nearly 10%
Shares of Lucid Group Inc. shot up in after-hours trading Tuesday after the luxury EV maker narrowed its quarterly loss and announced a CEO change.MarketWatch - 6d -
Walmart Racks Up Sales Record but Sees Slower Growth Ahead
The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation and the risk of tariffs.The New York Times - Feb. 20 -
Huawei improves AI chip production in boost for China’s tech goals
Chinese company improves ‘yield’ of latest semiconductor, despite US efforts to prevent manufacturing advancesFinancial Times - Feb. 25 -
How the EU wants to tweak its merger rules to boost growth
Also in this newsletter: Brussels sets the record straight on women’s rightsFinancial Times - 6d -
EU president aims for €800 billion of defense funding. How it would work.
European Union President Ursula von der Leyen on Tuesday proposed a funding program that she says could mobilize close to €800 billion ($844 billion) of defense spending.MarketWatch - 9h -
Target’s Sales Forecast Is Down Thanks to Tariffs and a Customer Spending Slump
CEO Brian Cornell says that tariffs on imports from Mexico, Canada, and China could increase prices “over the next couple of days.”Inc. - 5h -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 6d -
Trump administration approves nearly $3 billion arms sale to Israel
The arms sale approval comes as the first phase of the ceasefire between Israel and Hamas is set to expire on Saturday.CBS News - 3d -
Trump administration approves nearly $3 billion arms sale to Israel
The Trump administration approved a nearly $3 billion arms sale to Israel on Friday, bypassing the normal congressional review by declaring the war against Hamas an "emergency." The State ...NBC News - 3d -
Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works
Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and ...MarketWatch - 20h -
Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model
Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.Inc. - 1d -
EU unveils $840 billion "ReArm Europe" plan to boost defense spending
European Union leader Ursula von der Leyen says the bloc is "in an era of rearmament," as Trump casts rising doubt on old alliances.CBS News - 9h -
Lowe’s sees surprise sales growth amid DIY strength and post-hurricane rebuilds
Home-improvement retailer’s CEO is “prepared for anything” regarding tariffs and sees homeowners tapping into record equity to fund larger projects.MarketWatch - 6d -
Canopy Growth’s stock falls to all-time low on pot company’s share-sale plans
Canopy Growth Corp.’s stock fell 9% to an all-time low on Monday after the cannabis company said it would sell up to $200 million of its stock.MarketWatch - 1d -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 6d -
Warner Bros.’ stock gets boost from upbeat guidance about strong subscriber growth
Warner Bros. Discovery’s DTC and studios results were “very encouraging,” one analyst noted.MarketWatch - 5d -
Salesforce’s growth hits a bad milestone. Can its AI agents provide a boost?
The cloud software pioneer delivered an annual revenue growth rate in the single digits for the first time.MarketWatch - 4d -
PayPal has some big new growth targets. Can it hit its marks?
One analyst says the new growth goals seem achievable. Another worries competition from Apple Pay might get in the way.MarketWatch - 6d -
Target strikes deal with sportswear brand Champion, as it tries to rev up apparel sales
Target has long used brand collaborations to attract shoppers to its stores and website.CNBC - 6d -
Target warns February sales were soft, adding to concerns about consumer health
Target’s weak first-quarter guidance added to concerns about consumer health after weak January spending numbers and a slide in consumer confidence.CNBC - 7h -
Apple boosts U.S. investment plans with $500 billion pledge amid Trump tariff threat
Apple on Monday reaffirmed a commitment to spend hundreds of billions on U.S. soil in the coming years amid pressure from President Donald Trump.NBC News - Feb. 24 -
'Music to our ears': Qualcomm CEO welcomes TSMC's $100 billion investment to boost U.S. chipmaking
Cristiano Amon, CEO of Qualcomm, said TSMC's investment in U.S. chip manufacturing will be important for the economy.CNBC - 5h -
Apple expands India manufacturing
Also in this newsletter: better-off Indians’ growing reliance on borrowing, and foreign direct investment shrinksFinancial Times - Feb. 21 -
Xiaomi 15 and 15 Ultra Review: Photography Focus
Not much is new with Xiaomi's latest flagship phones, but I still love the quad-lens camera on the Ultra.Wired - 2d -
David Johansen: 15 Essential Songs
He was the frontman of the New York Dolls, an adventurous solo performer and the lounge act Buster Poindexter. Listen to highlights from his eclectic catalog.The New York Times - 3d -
How to Watch the 2025 Oscars Online
The 97th Academy Awards ceremony will air on ABC this Sunday, and you’ll be able to stream it through Hulu as well.Wired - 4d -
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Firings Expand at Interior Department With Purge of Probationary Workers
More than 2,000 workers at the Interior Department were fired in recent days, according to counts from workers groups and those familiar with the cuts, as probationary workers were targeted across ...The New York Times - Feb. 19 -
Is there no limit to Trump’s ever-expanding presidential powers?
Donald Trump has made clear that he intends to bend the federal bureaucracy to his will.The Hill - Feb. 24 -
F.D.A. Expands Access to Clozapine, a Key Treatment for Schizophrenia
Federal regulators will no longer require patients to provide blood tests before receiving the drug from pharmacies.The New York Times - 6d -
Pentagon firings expand to top military lawyers
A bipartisan group of former U.S. defense secretaries are now asking Congress to investigate the Trump administration's firing of top brass at the Pentagon, according to a letter obtained by the ...CBS News - 3d -
Scrap relegation to expand WSL? Radical proposals considered
The WSL needs to develop - what changes could we see, how do clubs feel about them and what impact could they have?BBC News - 11h -
US aid cuts are expanding Chinese influence
China is rapidly filling the vacuum left by the Trump administration's decision to freeze and reduce foreign aid, using strategic lending and infrastructure investments to counter American ...The Hill - 2h -
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A Theory of Media That Explains 15 Years of Politics
Martin Gurri discusses how social media and the internet have fundamentally changed the public’s relationship to institutions and power.The New York Times - Feb. 25 -
Adidas Promo Codes & Deals: 15% Off
Join the adiClub to enjoy great benefits, like 15% off and other member-exclusive deals.Wired - 6d
