Baidu Shares Rise
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Shopify shares plunge 18% on weak guidance
The Canadian e-commerce company beat on the top and bottom line, but it gave downbeat guidance for the second quarter.CNBC - Business -
Dow Edges Higher, Nasdaq Slips; Uber, Lyft Shares Diverge
U.S. stocks were mixed as first-quarter earnings season nears its end.The Wall Street Journal - World -
China and EU-candidate Serbia sign an agreement to build a 'shared future'
China and European Union candidate Serbia have signed an agreement to build a “shared future” between the two states, making the Balkan country the first in Europe to agree on such a document with BeijingABC News - World - China -
Tweens are obsessed with skin care. Experts share do's and don'ts
The trend of teens and tweens obsessing over skin care is "at its max," one dermatologist says.CBS News - Top stories -
In Serbia, Xi Underlines Close Ties With Ally That Shares Wariness of U.S.
Visiting friendly leaders in Eastern Europe, the Chinese president commemorated the 25th anniversary of a misdirected U.S. airstrike that destroyed China’s embassy in Belgrade.The New York Times - World -
Airbnb expects a stronger summer quarter, spurred by Olympics, but shares fall
Online vacation-rental platform Airbnb Inc. on Wednesday forecast second-quarter sales that were below Wall Street’s expectations, largely due to Easter falling in March this year, but the company said big events abroad like the Summer Olympics in ...MarketWatch - Business -
Arm shares drop as revenue forecast falls short despite AI boom
Lacklustre outlook raises concerns that spending on artificial intelligence chips could slowFinancial Times - Business -
Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market tradingABC News - Tech -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.1% lower, down for two consecutive sessions, while silver rose 0.2%, up four of the past six sessions.The Wall Street Journal - World -
The WSJ Dollar Index Rises 0.16% to 99.95
The dollar settled higher. TD Securities expects the dollar to firm against other G-10 currencies as interest-rate differentials continue to favor the U.S. currency.The Wall Street Journal - World -
Reddit shares soar 11% after company reports revenue pop in debut earnings report
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.CNBC - Business -
After 200 years, women can join the Garrick. Now for the task of making it share power, not hoard it | Jemima Olchawski
Last night’s membership vote is a step in the right direction, but this remains a closed, elite institution. Britain’s “old boys’ club” suffered a blow last night. The Garrick Club – an exclusive gentlemen’s club in central London and relic of ...The Guardian - World -
New York Times stock gains as adjusted profit rises by 41%
Digital subscriptions rise by 210,000 in a ’strong start’ for the year.MarketWatch - Business - New York -
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 -
10-year Treasury yield finishes higher for first time in six sessions
Yields on U.S. government debt closed higher on Wednesday after lackluster demand at a 10-year-note auction left the Treasury market’s selling momentum intact.MarketWatch - Business