Extend Indias Stock Market Boom
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Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street's winning streak may come to an end Wednesday.CNBC - Business -
Stock-market crash fears are fading, according to options traders
As U.S. stocks have rebound from last month’s selloff, options traders aren’t buying as many contracts that would pay off if the market were to crash.MarketWatch - Business -
AppLovin’s stock gains as earnings highlight improvements in app ad market
Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session.MarketWatch - Business -
Stock-market bulls shouldn’t fear a long Fed pause before interest-rate cuts
History shows the S&P 500 tends to do well when the Federal Reserve leaves rates on hold.MarketWatch - Business - Federal Reserve -
Dow Extends Latest Run of Gains
The blue-chip index rises for sixth straight day, while the Nasdaq dips.The Wall Street Journal - World -
The path to UK-India friendship is littered with obstacles
There are clear signs of progress but domestic politics are complicating relationsFinancial Times - World -
India's Economy Isn't the New China (Yet)
Its ascent is evident, but its per capita GDP is only a little more than half of Indonesia’s.The Wall Street Journal - World - China -
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 -
U.S. Natural Gas Futures Slip Ahead of Storage Report
U.S. natural gas futures settled lower, snapping a four-session winning streak ahead of the EIA’s weekly storage report that’s likely to put excess inventories back in the spotlight.The Wall Street Journal - World -
Senators seek to extend internet subsidy with FAA amendment
A bipartisan group of senators on Wednesday introduced an amendment to the must-pass legislation reauthorizing the Federal Aviation Administration (FAA) to extend a program that provides broadband discounts to millions of Americans. Sens. Ben Ray ...The Hill - Politics -
US soldier's detention in Russia extended to July as Pentagon begins probe
A U.S. soldier arrested in Russia last week will be detained into July as the Pentagon investigates the circumstances of his travel, a Russian court announced Tuesday. Army Staff Sgt. Gordon Black's detainment was extended until July 2 after he ...The Hill - Politics - Russia -
India's Prime Minister Narendra Modi casts his vote as giant election reaches half-way mark
Indian Prime Minister Narendra Modi, who is seeking a rare third consecutive term, voted Tuesday in the third phase of a massive general election.NBC News - Top stories - India -
Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.The Wall Street Journal - World -
Extending Trump’s tax cuts could ‘run the deficit into the stratosphere.’ Here’s how much that could cost.
Extending a spate of the 2017 tax cuts enacted under former President Donald Trump could cost $4.6 trillion over 10 years, according to a fresh estimate on Wednesday.MarketWatch - Business -
Monster Beverage launches $3 billion stock buyback
Beverage company’s chief executive may sell up to about $33 million of stock to provide “flexibility.”MarketWatch - Business -
Elephant Mario Plush Is Back In Stock At Amazon
Super Mario Bros. Wonder was among the biggest releases of 2023, so it should come as no surprise that the iconic Elephant Mario power-up has received the Little Buddy plush treatment. This plush has sold out quickly each time it's been available ...GameSpot - Tech -
Why Lyft's Stock Is Pulling Ahead of Uber's
Low expectations can also be a blessing.The Wall Street Journal - World -
Lone Pine Capital Resumes Private-Market Investments
Investment firm Lone Pine Capital resumed backing private companies, more than two years after shifting its focus to publicly traded businesses.The Wall Street Journal - World -
Don't Junk New York's Legal Marijuana Market
The black market doesn’t have to triumph.The Wall Street Journal - World - New York -
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 -
Shopify’s stock slides 19% after company swings to quarterly loss
Shopify is expecting its gross margin to shrink by 50 basis points in the second quarter.MarketWatch - Business -
Why You Shouldn't Sell Your Stocks Before the Presidential Election
Strategists are cautioning investors against dumping positions ahead of a summer rally.Inc. - Business -
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 -
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 -
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 -
Teva Pharmaceutical’s stock climbs as schizophrenia treatment shows promise
Teva Pharmaceutical Industries stock jumped more than 6% early Wednesday after the company reported first-quarter sales that topped estimates and released positive late-stage trial data on a schizophrenia treatment.MarketWatch - Business -
Tripadvisor’s stock could see record plunge as potential buyout plans dropped
Tripadvisor’s stock took a dive premarket Wednesday, after the online travel-booking company said it decided pursuing a potential sale would not be in the best interest of the company or its shareholders.MarketWatch - Business -
Why Uber’s stock is having a bumpy ride after earnings
Uber Technologies Inc. posted mixed earnings on Wednesday, beating estimates on an adjusted profit metric while giving an outlook for bookings that was below expectations.MarketWatch - Business -
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 -
Snap takes advantage of recent stock surge to sell convertible debt
Snap’s stock pulled back Wednesday after the parent of the video-messaging app Snapchat planned to take advantage of the recent runup in its stock price to sell convertible debt.MarketWatch - Business -
Shopify Stock Slumps to Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.The Wall Street Journal - Business -
Arm crushes earnings expectations, but stock falls as forecast lacks wow factor
After a sharp run for Arm shares recently, they looked set to give back some of their gains after Wednesday afternoon’s earnings report.MarketWatch - Business -
Robinhood Stock Jumps After Company Reports Record Revenue and Profit
The online brokerage’s revenue and earnings topped Wall Street expectations. Shares were up about 6% after hours.The Wall Street Journal - World -
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 -
Are There Enough Fans for the N.H.L.’s Smallest Market to Keep Its Team?
The Winnipeg Jets’ season was clouded by dwindling attendance and concerning comments made by ownership about the franchise’s future.The New York Times - Sports -
LSU coach Brian Kelly: 'We're not in the market of buying players'
Kelly said LSU hasn't "fared very well" in its attempts to add transfer defensive linemen.Yahoo Sports - Sports -
Interpreting LSU coach Brian Kelly's declaration that Tigers are 'not in the market of buying players'
After failing to add a difference-making DT in the spring portal window, Kelly said that "if you just want to get paid, this is not the place for you."CBS Sports - Sports -
AstraZeneca pulls its COVID vaccine from European market
The pharma giant AstraZeneca has requested that the European authorization for its COVID-19 vaccine be pulledABC News - Health - Covid -
AstraZeneca withdraws its COVID-19 vaccine from global market
AstraZeneca is withdrawing its COVID-19 vaccine from the market because of low demand, the drugmaker said Wednesday. The shot, which was never authorized in the U.S., was widely used across the world in the early part of the global vaccine drive. ...The Hill - Politics - Covid -
Home prices keep climbing nationally, but they’re falling in these 15 markets
Home prices see growth in 93% of U.S. metropolitan areas despite ‘highest mortgage rates in two decades,’ National Association of Realtors says says.MarketWatch - Business