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Intel said its revenue for the current quarter would be lower than expected amid new restrictions on sales by chip makers to Huawei.
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Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - 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 -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - 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 -
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 -
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.The Wall Street Journal - World -
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 -
Global Economy Will Grow More Than Expected, U.N. Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - 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
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Iranian President, Foreign Minister Killed in Helicopter Crash, State TV Says
Iranian state media says Ebrahim Raisi and a top diplomat are dead after rescuers reached the crash site in a mountainous area.The Wall Street Journal - World - Iran -
Many Armies Struggle for Recruits. In Sweden They Turn Them Away.
American and European militaries are straining to reinforce their ranks to deter Russia. Sweden’s answer is to conscript only the brightest and best.The Wall Street Journal - World -
Europe Sees Signs of Russian Sabotage but Hesitates to Blame Kremlin
Governments warn of acute threats but often stop short of accusing Moscow for lack of evidence and concern about spreading panic at home.The Wall Street Journal - World - Russia -
Ryanair Announces Buyback as Profits Jump
The Irish low-cost carrier said that it would buy back $761 million worth of shares after core earnings for the fiscal year rose 34%, towards the top of its guided range.The Wall Street Journal - World -
Behind New Caledonia's Riots, a Fight Over Vast Reserves of Nickel
France has a plan to lift restrictions on exports of the archipelago’s nickel to supply clean-energy manufacturing, drawing condemnation from indigenous leaders.The Wall Street Journal - World