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Apple Buys Itself Some Time for an AI Boost
Raised share buybacks helped buttress weak iPhone sales, but Apple will need to make its own AI play clear soon.The Wall Street Journal - World - Apple -
Hershey Boosted by Higher Prices and Sales Volumes
Consumers are still paying up for chocolate. Candy giant Hershey said sales rose 8.9% from year-ago levels, benefiting from both higher prices and volumes.The Wall Street Journal - World -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
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 -
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 puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
There's More to Warren Buffett's Game Than Just Picking Great Stocks
The innovative structure of Berkshire Hathaway stands out—and benefits shareholdersThe Wall Street Journal - World -
Why Coinbase’s stock is shrugging off a monster earnings beat
Analysts saw a few reasons to quibble, including a potential slowdown this quarter.MarketWatch - Business -
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 -
Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide
Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower.CNBC - Business -
Apple on pace for best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World