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U.S. Stocks Climb After Jobs Report
U.S. stocks were climbing after the latest jobs report showed hiring pulled back sharply in April.The Wall Street Journal - World -
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
A Handful of Plunging Stocks Suggests the Consumer Is Not All Right
Investors sold off Starbucks, DoorDash, and Netflix after weak earnings.Inc. - Business -
Hershey’s stock rallies after earnings beat, as chocolate sales jump
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
FuboTV’s stock surges after losses narrow to half what was expected
FuboTV’s stock powered up in premarket trading Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected and beat its own subscriber guidance.MarketWatch - Business -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Jim Cramer's top 10 things to watch in the stock market Friday
The Dow, S&P 500 and Nasdaq set to surge at Friday open after much weather-than-expected jobs growth in April.CNBC - Business -
Amgen’s obesity-drug stock surge still in ‘early innings,’ analysts say
Analysts see more gains ahead for Amgen after a stock surge fueled by upbeat comments on experimental obesity drug.MarketWatch - Business -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Roberto De Zerbi’s stock has fallen – staying at Brighton is the best way to build it back
As Roberto De Zerbi took his seat behind a microphone at the Amex Stadium on Tuesday night, in front of a room full of Brighton supporters, he must have known it was only a matter of time before he was quizzed on his future.Yahoo Sports - Sports -
Amgen ‘very encouraged’ by data from weight-loss-drug trial, as stock jumps
Shares of Amgen Inc. rallied in the extended session Thursday after the drug maker posted adjusted earnings above expectations and executives said they are “very encouraged” by preliminary data from a trial of an injectable weight-loss drug.MarketWatch - Business -
Apple’s stock is seeing its best day in 1.5 years, but an existential question remains
Now that the company has helped soothe the China concerns, it’s time for Apple to move on to the next big area of investor debate: its AI positioning.MarketWatch - Business -
Eurozone Jobless Rate Still at Record Low
The eurozone’s unemployment held steady in March, a sign of the robustness of the bloc’s jobs market that might be of concern to the ECB as it focuses on the impact of sticky wage growth.The Wall Street Journal - World -
How do interest rates affect me?
Bank of England interest rates have an impact on the mortgage, loan and savings rates for millions of people.BBC News - Top stories -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar weakened, with the WSJ Dollar Index down, as April jobs report missed expectations.The Wall Street Journal - World