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Nexi Shares Climb on Buyback, Profit Beat
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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 -
Reddit shares climb on ChatGPT deal with OpenAI
Shares of Reddit Inc. rose about 12% in extended trading Thursday after the social-media platform announced a partnership with OpenAI.MarketWatch - 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 -
Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia-Pacific spending waned.CNBC - Business -
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 -
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 -
Aegon Backs Guidance, Launches Fresh Buyback
Aegon said it was on track to meet its guidance for a key earnings figure this year after a decline for the first quarter, and launched a new share buyback program of up to €200 million.The Wall Street Journal - Business -
Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns
FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’Financial Times - Business - Tesla -
Roche Climbs After Weight-Loss Drug Shows Efficacy
Roche Holding said its weight-loss drug candidate achieved positive results in an early-stage trial, giving the company a boost in its bid to catch up to Novo Nordisk and Eli Lilly in a class of medicines that has shaken up everything from pharma ...The Wall Street Journal - Business -
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
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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