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Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Beware the Pettiness of the Powerful
Alas, some of Donald Trump’s peculiarities aren’t unique.The New York Times - Top stories -
The Extraordinary Power of Transparency in Leadership
Have you ever envisioned a workplace where secrets are as outdated as fax machines? Welcome to the bold world of transparency, where the open book management style isn't just a policy but a practice...Inc. - Business -
The race for an AI-powered personal assistant
Google and OpenAI unveiled new tools to bring ‘intelligent systems’ a step closer. Will this be a milestone for generative AI?Financial Times - Business -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
Why Utilities Are Lighting Up the Stock Market
Utility stocks are suddenly white hot, thanks largely to artificial intelligence’s thirst for electricity. Investors accustomed to thinking of the sector as sleepy and safe need to realize the game has changed.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
The story of Labour power, told in pledge cards
Keir Starmer’s 1997-style pitch for votes grasps the party’s strengths and weaknessesFinancial Times - Business -
Is the move to electric cars running out of power?
There has been an unexpected slowdown in sales of electric cars. Could this be more than a blip?BBC News - Top stories -
Goldman Sachs, Microsoft Power Dow Industrials to 40000
A broad rally across sectors leads the blue-chip stock index to new highs.The Wall Street Journal - World - Microsoft -
Chelsea’s flower power still packs a punch
The annual London flower show has an undeniable global allure — so why is it not taken seriously?Financial Times - Business -
To Run the World — Moscow’s quest for power and parity with the US
Sergey Radchenko’s cold war history links Putin to Kremlin predecessors leading a Russia driven by empire, not ideologyFinancial Times - Business -
'Unpredictable' Trump Kept Rogue Powers at Bay
Here’s to four more uneventful years abroad.The Wall Street Journal - World - Donald Trump -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gainsMarketWatch - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Cramer picks two 'winning' footwear stocks in a ‘nightmare’ athletic apparel market
CNBC's Jim Cramer on Thursday picked two footwear stocks he thinks are headed for success: On Holding and Deckers Outdoor.CNBC - Business