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Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon has reported strong results for the first quarterABC News - Tech -
A Strong U.S. Dollar Weighs on the World
Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation.The New York Times - Business -
China Vanke Shares Slump After Soft Results
The property developer’s shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector.The Wall Street Journal - Business - China -
The WSJ Dollar Index Rises 1.81% This Month to 100.81
The dollar firmed across the board on the session and posted its best monthly performance since January.The Wall Street Journal - World -
DBS Earnings Beat Expectations
Singapore’s biggest bank by assets said its first-quarter net profit rose on higher fee and commission income, and expects to deliver strong shareholder returns this yearThe Wall Street Journal - World -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Scammers bilked older Americans out of $3.4 billion last year, often using cryptocurrency
At least 101,000 Americans ages 60 and older were victims of digital fraud last year, with the average person losing $33,915, according to a new report from the FBI.NBC News - Top stories -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Yen surges against U.S. dollar amid fears of further intervention
Japan’s yen violently strengthened against the U.S. dollar late Wednesday, sparking suspicions of intervention by Japanese authorities.MarketWatch - Business -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Vinicius' double earns Real draw with Bayern
Vinicius Junior scores twice as Real Madrid come away with a draw in the first leg of their Champions League semi-final tie with Bayern Munich.BBC News - Top stories -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - Business -
Starbucks shares sink 12% as coffee chain slashes 2024 forecast amid same-store sales drag
Across all regions, Starbucks reported shrinking same-store sales and falling traffic.CNBC - Business -
Pfizer’s first-quarter results top estimates, while drugmaker boosts full-year profit outlook
Pfizer on Wednesday reported first-quarter results that beat analyst expectations, and raised its full-year profit guidance as cancer and heart-disease drugs helped offset plummeting COVID product sales.MarketWatch - Business -
CVS’s stock suffers biggest drop in 15 years as Medicare Advantage issues weigh on results
Shares of CVS Health Corp. plunged Wednesday toward their biggest selloff in 15 years, after the pharmacy and healthcare-services company missed first-quarter earnings expectations as the Medicare Advantage business weighed heavily on results.MarketWatch - Business -
UFL 2024 schedule, scores: Times, dates, results for regular season and playoffs of new United Football League
Here's a look at the full 2024 UFL season scheduleCBS Sports - Sports - NFL -
NBA playoffs bracket, scores, schedule, results: Celtics eliminate Heat, advance to second round
Four first-round series are done, while four more will be decided in the coming daysCBS Sports - Sports - NBA -
PG&E is nearing a deal to sell a multibillion-dollar stake in its power plants to KKR.
PG&E is nearing a deal to sell a multibillion-dollar stake in its power plants to KKR.The Wall Street Journal - World -
Weak Equities Could Give Dollar an Extra Lift if Fed Points to Rate-Cut Delays
Equity markets falling while the Fed pushes back on interest-rate cut prospects due to persistently high inflation during Wednesday’s announcement, could be a boon for the dollar, ING said.The Wall Street Journal - World - Federal Reserve -
Amazon Q enterprise AI chatbot is now generally available
According to early stats, Amazon Q has the potential to help enterprise users become more than 80% more productive at their jobs.VentureBeat - Tech - Amazon -
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Attorneys general sue Biden administration over revisions to Title IX
A group of six GOP state attorneys general sued the Biden administration over changes to Title IX on Tuesday, the fourth such suit over proposed revisions to the anti-discrimination protections in two days. Tuesday’s suit, led by Kentucky and ...The Hill - Politics - Joe Biden -
Laufey, Gen Z’s Pop Jazz Icon, Sings for the Anxious Generation
The Gen Z ‘it girl’ singer on the painful push and pull of young love.The New York Times - Lifestyle -
A Yeast-Like Bacteria Can Cut Carbon Emissions While Creating Sustainable Aviation Fuel and Sneakers
LanzaTech’s technology can cut steel plants’ CO2 output by a third while also creating ethanol for environmentally friendly plastics and fuel.The Wall Street Journal - World -
The Last Stock Photographers Await Their Fate Under Generative AI
They survived the disruptive advent of digital cameras and online sales. Now stock photographers are bracing themselves for the next great tech shock: generative AI.The Wall Street Journal - World -
Puig Policy to Exclude Next Generation Can Help Ease Succession Concerns
As succession drama grips corners of the luxury world, Puig’s decision to ban its next generation from working there is getting a favorable view ahead of its initial public offering.The Wall Street Journal - World -
Puig Policy to Exclude Next Generation Can Help Ease Succession Concerns
As succession drama grips corners of the luxury world, Puig’s decision to ban its next generation from working there is getting a favorable view ahead of its initial public offering.The Wall Street Journal - Business -
Brooklyn’s bard: Paul Auster’s tricksy fiction captivated a generation
Witnessing ‘murder by the gods’ as a child drove the novelist’s work, which used postmodern playfulness to delight readers. • ‘A literary voice for the ages’: Paul Auster remembered by Ian McEwan, Joyce Carol Oates and more. • Paul Auster – a life ...The Guardian - World -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
KFC and Pizza Hut reported same-store sales declines, while Taco Bell's same-store sales rose just 1%.CNBC - Business -
AMD’s mixed earnings reveal a company with a lot to prove — and the goods to do it
Why 2024 will be a year of sizeable growth for the chip maker.MarketWatch - Business -
Amazon earnings cheered as ‘objectively excellent’ — with any blemishes mere ‘nitpicks’
While shares saw a somewhat muted reaction, analysts saw plenty of reason to cheer.MarketWatch - Business -
Informatica logs earnings beat, following acquisition flirtation with Salesforce
Informatica beat expectations with its latest quarterly results, but its stock wasn’t reacting.MarketWatch - Business -
Qualcomm earnings benefited from AI-enabled devices, and there’s more potential ahead
This hasn’t been a pretty earnings season for prominent chip companies so far, but Qualcomm is breaking from the mold.MarketWatch - Business -
Fullkrug goal earns Dortmund first-leg win over PSG
Niclas Fullkrug scores a brilliant first half winner as Borussia Dortmund beat Paris St-Germain 1-0 in a frenetic first leg of their Champions League semi-final.BBC News - Top stories - College Football -
First-Quarter Exits Boost Carlyle Distributable Earnings, But Revenue Falls
The firm saw one of its flagship funds become ineligible, at least temporarily, for carried interest.The Wall Street Journal - World -
Fantasy Football 2024 one-QB rookie-only post-NFL Draft mock results, recap: Drake Maye slides far, more
Here's how we're drafting the rookies in one-QB after the 2024 NFL DraftCBS Sports - Sports - Fantasy Football -
Attorney General Garland plans to endorse DEA proposal to reclassify marijuana as less dangerous drug, AP source says
Attorney General Garland plans to endorse DEA proposal to reclassify marijuana as less dangerous drug, AP source saysABC News - Health -
The FTC challenged hundreds of pharmaceutical patent listings in an effort to encourage generics, including for blockbusters such as Ozempic and Victoza.
The FTC challenged hundreds of pharmaceutical patent listings in an effort to encourage generics, including for blockbusters such as Ozempic and Victoza.The Wall Street Journal - World -
MongoDB debuts AI app-building toolkit to help businesses struggling to use generative AI
MongoDB has launched its AI Applications Program, offering software and consultancy to organizations struggling to build and deploy AI apps.VentureBeat - Tech