The Thrill Factor Is Back for Retail Investors
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CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.
CoreWeave, an AI cloud-computing startup backed by Nvidia, has raised $7.5 billion from investors.The Wall Street Journal - World -
Why England will be thrilled by Stokes' steady return
Ben Stokes' solid if unspectacular return will suit England just fine as they prepare for life after James Anderson.BBC News - Top stories -
Goff cites 'security,' NTC as factors in new deal
Jared Goff noted "security" and his no-trade clause as the biggest things he valued in his contract negotiations with the Lions.ESPN - Sports -
Investors Are Striking Gold All Over
Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring.The Wall Street Journal - World -
X factor: Schauffele (62) again ties major mark
Xander Schauffele broke the PGA Championship scoring record and tied the mark for any major, seizing on the rain-softened conditions at Valhalla with a 9-under 62 to set the early target.ESPN - Sports -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
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 -
Investors Have an Advantage Over Family Home Buyers
Level the playing field.The Wall Street Journal - World -
Men's Shorts Are Getting Very Wide. One Millennial Editor Is Thrilled. One Boomer Editor Is Not.
Expansive, ultra-roomy shorts are trending this summer. A super-comfortable option or a conspiracy to make men’s legs look scrawny? Our opponents duke it out.The Wall Street Journal - World -
Beware the Biden factor, Keir Starmer: you can govern well and still risk losing the country | Jonathan Freedland
Politics is about achieving things and telling a compelling story. But neither the president – nor Starmer – can match Trump’s gift for narrative. The smile was the giveaway. Asked whether he was “just a copycat” of Tony Blair at the launch of his ...The Guardian - World - Joe Biden -
Two Game 7s: Key players, X-Factors for Pacers vs. Knicks, Timberwolves vs. Nuggets
For the Knicks, the questions start with if Josh Hart will play.Yahoo Sports - Sports - NBA -
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 -
EasyJet’s new pilot faces a fight to convince investors on growth
Nerves about the airline industry are never far awayFinancial Times - Business -
Billionaire investor sees 1 in 3 chance of civil war
Ray Dalio, the billionaire investor and founder of hedge fund Bridgewater Associates, said he sees a growing likelihood that the United States will plunge into a civil war. In an interview with Financial Times, Dalio, 74, detailed his research in ...The Hill - Politics -
British investor in talks to buy 49% share in Teesside International Airport
Michael Flacks wants to transform the facility into a cargo, repair and maintenance hubFinancial Times - World -
Global investors wake up to cheap UK stocks as takeover activity rises
Jupiter Asset Management boss says London-listed shares are ‘cheapest they have been in 50 years’Financial Times - Business - United Kingdom -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
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 -
Chinese Retailer Temu Under Fire From European Consumer Groups
Temu, the discount retailing app owned by Chinese e-commerce giant PDD Holdings, is facing consumer complaints that its business practices violate a new online content law in Europe.The Wall Street Journal - Business - China -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Robinhood’s stock rockets as BofA sees retail renaissance in ‘early innings’
BofA double upgraded Robinhood shares while abandoning its bearish call on Coinbase’s stock.MarketWatch - Business -
The church of Warren Buffett: Why thousands of investors flock to Omaha to be near the investing genius
Tens of thousands of investors attended the Berkshire Hathaway shareholders meeting in Omaha, Nebraska this year. I went to see what they were all doing there.CNBC - Business -
Investor and ‘Dragon’ Deborah Meaden: ‘I am not mean. What I am is . . . tough’
The British entrepreneur on going green, improving financial education — and when it’s OK for a vegan to eat eggsFinancial Times - Business -
Why you can be a more informed investor once you know how to use market data
Retail investors are increasingly able to get what they need to make better financial decisions.MarketWatch - Business -
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.Inc. - Business -
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.CNBC - Business -
The biggest earnings heavy hitter reports this week, and so do Target and other retailers
Blowout results for Nvidia Corp., the S&P 500 Index’s biggest profit driver, have become part of the ritual when the chip maker reports quarterly results.MarketWatch - Business -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World -
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 -
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 -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
Time to get Europe back to work
Policymakers should review tax and welfare policies that disincentivise labourFinancial Times - World -
'UnStuck' Review: Stuckey's, Back on the Road Again
For cheap gas, hot dogs, pecan rolls and Davy Crockett hats, Stuckey’s was a familiar waystation on midcentury car trips. Can it be revived?The Wall Street Journal - World -
'Typing Is for Girls' Came Back to Bite Me
I vividly remember thinking, as a science major, thank God I will never see a keyboard again!The Wall Street Journal - World -
'Back to Black' Review: Amy Winehouse's Songs and Struggles
Marisa Abela plays the Grammy-winning British singer in this vivid, pain-filled biopic directed by Sam Taylor-Johnson.The Wall Street Journal - World -
Nuclear industry brings back ‘silver tsunami’ of retirees
Older workers in demand as western companies prepare for biggest wave of new projects in decadesFinancial Times - World