Profit Warning Highlights
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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 -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - 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 -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Microsoft highlights 'Copilot+' PCs ahead of developer conference
Microsoft said on Monday it would launch a new category of personal computer capable of handling more artificial-intelligence tasks without calling on cloud data centers.NBC News - Top stories - Microsoft -
C.D.C. Warns of a Resurgence of Mpox
A deadlier version of the infectious disease is ravaging the Democratic Republic of Congo, while the type that caused a 2022 outbreak among gay and bisexual men is regaining strength.The New York Times - World -
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 -
Nvidia’s rivals take aim at its software dominance
OpenAI-led push for an alternative to ‘Cuda’ seeks to break chipmaker’s stranglehold on AI marketFinancial Times - Business -
Hong Kong Shares Extend Losses at Midday Amid Profit Taking
Hong Kong shares extended losses at midday amid profit-taking. Investors may be cautious on increasing their position after HSI’s recent rally, Maybank said.The Wall Street Journal - World - Hong Kong -
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Putin’s China Visit Highlights Military Ties That Worry the West
The Russian leader visited an institute in Harbin known for defense research. President Xi Jinping saw him off with a rare and seemingly deliberate embrace for the cameras.The New York Times - World - China -
Reddit-OpenAI deal highlights demand for social-media platform’s data
Reddit already has a longstanding partnership with Google, and more deals may be in the pipeline, says Deutsche Bank.MarketWatch - Business -
FT executive education rankings highlight comeback of online learning
New short-course tables show some reversal of post-Covid insistence on in-person trainingFinancial Times - Business -
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.CNBC - Business -
$9 billion travel tech firm Navan on track to hit profitability this year and 'not far' from IPO, CEO says
The boss of travel and expense management platform Navan told CNBC he's preparing the company to get its business into shape for an IPO this year.CNBC - Business -
Norwegian Cruise’s stock rises as profit outlook raised for 2nd time in 3 weeks
Norwegian Cruise Line’s stock rallied Monday, after the cruise operator raised its full-year profit outlook, again, citing continued “very strong demand.”MarketWatch - Business -
Opponents Will Use AI to Mess With Election, Officials Warn
Foreign foes will harness the technology to influence the vote, officials warn theSenate Intelligence Committee.Inc. - Business -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - World -
The Papers: Hunt's Labour warning and new Royal images
A range of stories on Friday's papers including warnings from Jeremy Hunt about Labour's policies.BBC News - Top stories -
HMRC warned again on poor customer service
Extra government funding for tax authority is not enough, say expertsFinancial Times - World -
Under Armour to Slash Jobs, Warns of Revenue Drop
CEO Kevin Plank said the sportswear brand has tried to do “too much of too much” and will focus on selling fewer products on discounts.The Wall Street Journal - Business -
Worldwide alert warns of violence against LGBTQ community
While the State Department bulletin is meant for overseas travel, there is concern of a domestic threat from ISIS, two sources told CBS News.CBS News - Top stories -
US warns of possible Pride Month attacks worldwide
The warning comes one week after a similar alert from the FBI and Department of Homeland Security.BBC News - Top stories -
Steelmakers warn ministers that UK faces dumping risk
Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry saysFinancial Times - World - United Kingdom -
Thunderstorm weather warning issued by Met Office
Forecasters have warned some areas could see up to 50mm (2in) of rain and flooding on Saturday.BBC News - Top stories -
Warning over Asian hornets after record sightings
There have been 108 sightings of Asian hornets since 2016, of which 56 were in 2023.BBC News - Top stories -
Canada wildfires prompt U.S. air quality warnings
Canada is battling several wildfires that are prompting air quality concerns in the U.S. Dr. Alice Chen, a primary care physician, joins CBS News with more details on the health risks that come with raging wildfires.CBS News - Top stories -
Cyberattacks on water systems are increasing, EPA warns
The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severe.CBS News - Top stories -
Fantasy Baseball Week 9 Preview: Top 10 sleeper hitters include J.D. Martinez, Wilyer Abreu
The Rockies also have a pair of hitters worth startingCBS Sports - Sports - Fantasy Football -
‘The genie is out of the bottle’: Robert Fico shooting highlights far wider crisis in Slovakia
Attack on prime minister lifts lid on divided politics of ‘one of the most polarised countries in Europe’. On Friday morning, Father Tomáš stood solemnly in the small Catholic church nestled near a park along the banks of the Danube River in ...The Guardian - World -
Trump Has Long Prized Certain Tactics. His Trial Has Highlighted Them.
The former president’s criminal trial has underscored what he values: loyalty, beauty, press coverage and using allies as bullies.The New York Times - Top stories - Donald Trump -
Tyson Fury vs. Oleksandr Usyk live results: Updates, highlights, odds as heavyweights vie for undisputed title
Tyson Fury and Oleksandr Usyk finally meet in the ring Saturday for all of the heavyweight titles. Follow our live blog for all the latest news and updates from the Ring of Fire.Yahoo Sports - Sports - Boxing -
Oleksandr Usyk vs. Tyson Fury: Fight results, highlights, winners, undercard, news, complete guide
The first four-belt, undisputed heavyweight title fight did not disappoint on Saturday night in Saudi ArabiaCBS Sports - Sports -
UFC Fight Night results, highlights: Lerone Murphy shows grit in big win against Edson Barboza
Murphy's face looked worse for wear despite a dominant performanceCBS Sports - Sports - UFC -
NBA playoffs: Pacers blow out Knicks in Game 7 as Jalen Brunson leaves game with fractured hand
One team will go on to the Eastern Conference finals. The other will go home.Yahoo Sports - Sports - NBA -
Fantasy Baseball Week 9 Preview: Two-start pitcher rankings highlight Reynaldo Lopez, Joe Musgrove
Far more of this week's two-start slate than usual is actual usable for FantasyCBS Sports - Sports - Fantasy Football -
NBA playoffs: Timberwolves vs. Nuggets Game 7 updates, score, highlights, analysis
Do the Nuggets or Timberwolves have what it takes to survive Game 7?Yahoo Sports - Sports - NBA -
2024 NFL OTA highlights, Day 1: Kyle Pitts-Kirk Cousins connection looks lethal; Daniel Jones in 7-on-7 drills
Notable moments from OTAs, including Bryce Young doing 'fantastic' in the Panthers' new offenseCBS Sports - Sports - NFL -
2024 NFL Christmas schedule: Chiefs-Steelers, Ravens-Texans highlight holiday doubleheader, where to watch
Everything you need to know about this year's Christmas Day schedule on NetflixCBS Sports - Sports - NFL -
Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in expenses.
Li Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in expenses.The Wall Street Journal - World