Nomura Profits Surge
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Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
Anchovies behind surge of sea lions in San Francisco
San Francisco's famed Fisherman's Wharf is seeing an unusually large number sea lions that local officials say is the largest herd of the sea mammals the area has seen in 15 years. The massive herd is snacking on an overabundance of anchovies. ...CBS News - Top stories - San Francisco -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Tokyo battles surge of destructive raccoons that went from pet to pest
Hotline set up in Japan’s capital to report sightings of raccoons, which became popular as pets after success of 1970s TV anime series. Having won the battle to tackle Tokyo’s population of giant, ravenous crows, the city’s authorities are now ...The Guardian - World -
Canada Goose jumps 16% after the company reports growth surge in China
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.CNBC - Business - China -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.MarketWatch - Business -
Rents just surged 10% in this affordable housing market. It was ‘bound to happen,’ one economist says.
Renters are swapping high-cost cities with expensive rentals for more affordable markets, a Redfin report found.MarketWatch - Business -
As killings surge, Haitians struggle to bury loved ones and find closure in violent capital
Finding closure for loved ones killed by gangs on a relentless rampage through Haiti’s capital and beyond is growing harder day by day in a country where burial rituals are sacred and the dead veneratedABC News - World -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business