Revenue Growth Beats Expectations
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China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
8 Strategies for Sustainable Growth
From startup to scale-up, here are ideas to help your company thrive.Inc. - Business -
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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 -
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 -
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 -
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 -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
Trump Media Posts Steep Loss on Little Revenue
Trump Media & Technology Group posted a steep loss and less than $1 million in revenue in the company’s first report since going public.The Wall Street Journal - World - Donald Trump -
Trump Media Reports Lackluster Revenues and Large Losses
The former president’s social media company reported taking in $770,000 in advertising revenue in the first quarter, sharply down from the year-ago period.The New York Times - Business - Donald Trump -
Source: Higgins not expected at Bengals OTAs
Bengals receiver Tee Higgins still has not signed his franchise tender and is not expected to by next week, a source told ESPN's Adam Schefter, which would make him ineligible to report for Cincinnati's organized team activities.ESPN - Sports - NFL -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Want More Customers? High-Growth Founders Balance These 2 Strategies
In the Inc. 5000 Community's May kick-off call, all-star entrepreneurs offered their best advice on customer acquisition -- and it landed squarely in two simple but essential categories.Inc. - Business -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
EasyJet’s new pilot faces a fight to convince investors on growth
Nerves about the airline industry are never far awayFinancial Times - Business -
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 -
Leading index for U.S. economy sinks again and points to slower growth
The leading indicators for the U.S. economy fell in April for the second month in a row and pointed to ”serious headwinds to growth.”MarketWatch - Business -
‘Bidenomics’ 2.0 or ‘Trumponomics’ 2.0? Both would hurt trade and growth.
Joe Biden and Donald Trump are each pushing a protectionist agenda that weakens U.S. interests at home and globally.MarketWatch - Business -
China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies
Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloudFinancial Times - World - China -
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Newzoo revises 2023 games revenue forecasts down to $184B
Newzoo has adjusted its 2023 games revenue estimates, putting the numbers down from $187 billion to $184 billion.VentureBeat - Tech -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
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 -
UL Solutions tops revenue estimates in first quarter as a public company
Profit was flat in the first quarter, but the company is expecting to benefit from the “electrification of everything” trend.MarketWatch - Business -
Witness testimony expected to begin in Bob Menendez trial
Sen. Bob Menendez of New Jersey is accused of trading his influence and power to foreign governments.CBS News - Top stories -
Canadian Inflation Expected to Show Further Cooling
Canada’s inflation report for April is likely to reinforce that conditions warrant a quarter-point interest rate cut, Royal Bank of Canada’s Nathan Janzen and Carrie Freestone say.The Wall Street Journal - World -
Thousands are expected to rally in Washington in support of Palestinian rights
The event commemorates the 76th anniversary of what is called the Nakba.ABC News - Top stories -
What to expect on Sunday at the PGA Championship with such a crowded leaderboard
Will either Morikawa or Schauffele prevail? What's been the biggest surprise so far? The final round at Valhalla will reveal all.ESPN - Sports -
The Hobbit first edition expected to fetch thousands
The copy was found in a a chest of drawers at a home in Berkshire, after being inherited.BBC News - Top stories -
European airlines signal surge in ticket prices is near peak
Ryanair says ticket prices will either be flat or ‘modestly’ higher this summer than 2023Financial Times - Business - Travel -
Closing arguments expected soon in Trump criminal trial
Former President Donald Trump's New York criminal trial is getting back underway in Manhattan Monday with more testimony from former Trump lawyer Michael Cohen. The case is expected to wrap up soon after Cohen's time on the stand. CBS News ...CBS News - Top stories - Donald Trump -
What to Expect for Subscription e-Commerce in 2024
Understand how these four trends will affect and can improve automated purchasing.Inc. - Business -
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 -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
CCTV appears to show Diddy beating girlfriend in hotel
The clip seems to show an attack described in Casandra Ventura's lawsuit against the rapper last year.BBC News - Top stories -
Phoenix is beating the rest of the country on inflation — on paper anyway
Phoenix is closer to winning the war on inflation than most other cities.NBC News - Top stories