Chewy Shares Surge after Posting Surprise Profit
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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 -
Shares of Hims & Hers Health surge 27% after startup says it will offer GLP-1 injections
The GLP-1 market has faced supply constraints in recent months as drugs like Ozempic and Wegovy continue to skyrocket in popularity.CNBC - Business -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial 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 -
Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.MarketWatch - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - 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 -
Greene posts workout video after Crockett fundraising crack
Rep. Marjorie Taylor Greene (R-Ga.) is defending her "built and strong" physique, after Rep. Jasmine Crockett (D-Texas) returned a dig at her appearance during an insult-heavy clash in a House Oversight Committee hearing last week. "Yes my body is ...The Hill - Politics -
PGA Championship Round 3 live updates, leaderboard: Morikawa, Schauffele share lead after wild Moving Day at Valhalla
Xander Schauffele held a one-shot lead entering play on Saturday at Valhalla.Yahoo Sports - Sports -
Peloton shares drop after it announces refinancing to stave off cash crunch
Peloton is in the middle of a broad restructuring as it looks to align the size of its business with its slowing sales and avoid a cash crunch.CNBC - Business -
Max Verstappen holds off Lando Norris surge to win F1 Emilia-Romagna GP
Norris unable to make move after Red Bull’s tyres wear downFerrari’s Carlos Sainz third, Oscar Piastri fourth for McLarenProof then that there is life yet in the old dog, Formula One’s Emilia‑Romagna Grand Prix managed to deliver a finale at ...The Guardian - World -
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.The Wall Street Journal - World -
Missouri AG demands documents from K.C. mayor after X account post about Chiefs kicker Harrison Butker
The attorney general of Missouri is demanding information about the circumstances of a post shared on the X social media platform by the official city of Kansas City account that stated Chiefs kicker Harrison Butker's city of residence.NBC News - Top stories - NFL -
Texans wideout Tank Dell posts videos of himself running routes weeks after gunshot injury
Dell was an innocent bystander in a shooting incident earlier this monthCBS Sports - Sports - NFL -
After Adobe collapse, Figma deal allows employees to sell shares at $12.5 billion valuation
Figma on Thursday announced a tender offer that will allow current and former employees to sell shares at a valuation of $12.5 billion.CNBC - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
GameStop to sell up to 45mn new shares after latest ‘meme stock’ rally
Video games store operator announces preliminary results showing expectations of further drop in net salesFinancial Times - Business -
Ryanair to buy back $760 million in shares after earnings rise, says more passengers depends on Boeing delays
Ryanair Holdings plans to buyback 700 million euros ($760.9 million) worth of shares after a rise in earningsMarketWatch - 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 -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.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 -
Democrats can still jettison Biden as an ‘August Surprise’
A growing number of Democrats see Biden as becoming the political version of “Groundhog Day.” Every night they go to sleep dreaming of having a new nominee and every morning they wake up to the same old Biden.The Hill - Politics - Joe Biden -
NBA playoffs: Stars, schemes and stats that will decide surprising conference finals
After two thrilling rounds, we've reached the final four teams still vying for the title: Celtics-Pacers begins Tuesday (8 p.m. ET on ESPN) while Wolves-Mavs tips on Wednesday.ESPN - Sports - NBA -
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 -
Divesting shares: does it work?
Offloading shares for moral reasons needs to be part of an overarching strategyFinancial Times - World -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
Anchovies behind surge of sea lions in San Francisco
San Francisco's famed Fisherman's Wharf is seeing an unusually large number sea lions that local officials say is the largest herd of the sea mammals the area has seen in 15 years. The massive herd is snacking on an overabundance of anchovies. ...CBS News - Top stories - San Francisco -
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 -
WATCH: Army sergeant surprises his sister on her wedding day
Helena Morgan said she was "totally surprised" when her brother, U.S. Army Sgt. William Watson, flew across the country to walk her down the aisle for her big day.ABC News - Top stories -
Nasdaq, S&P 500 Advance to Start Week
Stocks rose, with technology shares leading the way higher as the S&P 500 and Nasdaq Composite sought fresh record highs.The Wall Street Journal - World -
Australia Shares Set for Opening Wobble
Australia’s S&P/ASX 200 looks set for an opening wobble following a mixed lead by U.S. equities.The Wall Street Journal - World - Australia -
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 -
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 -
Tokyo battles surge of destructive raccoons that went from pet to pest
Hotline set up in Japan’s capital to report sightings of raccoons, which became popular as pets after success of 1970s TV anime series. Having won the battle to tackle Tokyo’s population of giant, ravenous crows, the city’s authorities are now ...The Guardian - World -
Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
New Covid variants stoke fears of a summer surge in cases
So-called FLiRT strains set to test effectiveness of vaccines against latest mutationsFinancial Times - Business - Covid -
As it happened: William Lai sworn in as Taiwan's new president
William Lai faces an aggressive Beijing, a divided parliament and a disgruntled youth in his first term.BBC News - Top stories -
Surging shipping costs could complicate Fed’s inflation fight
While supply shortages have eased greatly in the past few years, they have not entirely gone away.MarketWatch - Business - Inflation