Ocado Backs Outlook
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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 -
Puma Confirms Outlook Despite Continued Volatility
Puma forecast an operating result of €620 million-€700 million for 2024, with analysts suggesting it should achieve sequential sales growth helped by some major sporting events.The Wall Street Journal - Business -
Bertelsmann Keeps Mixed Outlook After Revenue Drop
Bertelsmann said for 2024 it continues to expect a significant decline in revenue and earnings due to asset sales, but a moderate increase in both revenue and earnings from continuing operations.The Wall Street Journal - 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 -
Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal - World - China -
If the economic outlook is so good, why are people tapping their 401(k)s?
Bank of America has suddenly reported a sharp jump in the size of loans and hardship withdrawals from its 401(k) plansMarketWatch - Business -
Intel Lowers Sales Outlook After China Chip Licenses Revoked
The chip maker kept its full-year forecast but said it expected revenue to be below the midpoint of the second-quarter range.The Wall Street Journal - Business - China -
Duolingo’s longer-term forecast gets brighter, but short-term outlook disappoints
Duolingo Inc. on Wednesday said it saw a jump in demand in the first quarter, but investors appeared more concerned about the second, even as the language-learning app offered up more optimism further out.MarketWatch - Business -
Fitch cuts NYCB’s debt rating deeper into junk territory but says outlook remains stable
Analyst cites “weaker earnings and profitability profile in addition to execution risk.”MarketWatch - Business -
Ranking rookie QBs with best long-term outlook. No. 1 may surprise you
The quarterback business is unforgiving, just ask Zach Wilson. Charles Robinson looks at the factors that can outline a path for survival and ranks the top six.Yahoo Sports - Sports -
America's Cash for Clunkers Is Back---in China
Some economists believe incentives for people to trade in old machinery could flood the world with more exports.The Wall Street Journal - World - China -
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