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Japan’s economy contracts for first time in a year as exports fall, shrinking by a more than expecte...
Japan’s economic output declined at an annualized rate of 0.7% in the first quarter, reflecting weaker external demand and surpassing prior projections of a smaller downturn.
Read Full Article →Jim Cramer unpacks CoreWeave's earnings: 'Demand for their computing power is clearly there'
CoreWeave's initial quarterly results demonstrated notable revenue growth, reflecting robust customer interest and increasing utilization of its specialized computing capabilities...
Read Full Article →Walmart's former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its...
Bill Simon, Walmart's previous U.S. CEO, believes the company has sufficient financial strength to handle increased trade duties and questions the overly negative outlook presented...
Read Full Article →Cerebras CEO says chipmaker's 'aspiration' is to hold IPO in 2025
Cerebras aims to enter the public market in 2025, which could provide the company with increased capital to accelerate development and expand its presence in the competitive AI har...
Read Full Article →Nvidia owned $900 million in CoreWeave stock as of March, filing shows
As of the end of March, Nvidia’s investment in CoreWeave represents a substantial financial stake, reflecting its interest in AI infrastructure and potential growth within the tech...
Read Full Article →Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Cava’s stronger-than-expected revenue and notable growth in existing locations highlight its financial strength amid a broader industry trend of reduced customer visits and declini...
Read Full Article →The U.S. has struggled for crypto clarity. Canada may have the answer
Canada’s well-defined cryptocurrency regulations have attracted significant investment from financial institutions, positioning the country as a growing hub for blockchain innovati...
Read Full Article →Jim Cramer: Walmart and these 2 retailers are best positioned to mitigate tariff price hikes
Walmart and two other major retailers are expected to handle increased costs from tariffs more effectively, potentially lessening the impact of price increases for shoppers in the...
Read Full Article →FBI warns of AI voice messages impersonating top U.S. officials
The use of advanced AI technology to mimic influential figures' voices poses increased risks of extensive monetary deception, potentially impacting numerous individuals and organiz...
Read Full Article →Coinbase confirms user metric investigation, says it's working with Trump's SEC to resolve
Coinbase is cooperating with regulatory authorities to address questions about its reported customer figures, which has contributed to a decline in the company’s stock value during...
Read Full Article →Walmart says it will hike some prices due to tariffs. Here’s what may cost more
Walmart anticipates increased costs for various products, including certain fruits, floral items, and children's playthings, as tariffs impact supply expenses, potentially leading...
Read Full Article →China keeps hold on rare earth metals after lifting some U.S. export curbs
China’s decision to ease certain export restrictions on select American companies temporarily affects global supply dynamics, maintaining its influential position in the rare earth...
Read Full Article →CoreWeave CEO defends capex plans, says company is meeting 'demand signals' from major hyperscalers
The company anticipates investing between $20 billion and $23 billion this year to expand its infrastructure, aligning expenditures with the increased requirements from leading hyp...
Read Full Article →Dick's Sporting Goods to acquire Foot Locker for $2.4 billion in effort to corner Nike market
The $2.4 billion acquisition of Foot Locker by Dick's Sporting Goods is expected to enhance market presence, expand global reach, and attract a younger demographic within the athle...
Read Full Article →Starbucks takes another step in the right direction — plus, mixed reviews on cyber stocks
Starbucks’ recent developments indicate potential growth opportunities, while technology-related stocks show varied performance, reflecting diverse investor sentiment in the curren...
Read Full Article →UnitedHealth Group shares plunge 18% on report of DOJ probe into possible Medicare fraud
The recent investigation by the Department of Justice has contributed to a significant decline in UnitedHealth Group's stock value, reflecting investor concerns about potential leg...
Read Full Article →Fed's Powell cautions about higher long-term rates as 'supply shocks' provide policy challenges
Federal Reserve Chair Powell indicated that evolving economic conditions and supply disruptions may lead to increased long-term borrowing costs, presenting ongoing challenges for m...
Read Full Article →Here's exactly how unaffordable today's housing market is — and where it's getting worse
Despite an increase in available properties, many potential homebuyers continue to face significant financial challenges due to persistently high prices and limited affordability i...
Read Full Article →EToro IPO filing cites Israel-Hamas conflict as potential business risk
eToro highlighted that ongoing regional instability and geopolitical challenges may adversely impact its business performance and financial outcomes, as disclosed in the risk secti...
Read Full Article →Cybersecurity firm Proofpoint to buy European rival for $1 billion as it eyes IPO
Proofpoint’s acquisition of a European competitor for $1 billion is a strategic move aimed at enhancing its market position and financial strength ahead of a potential public offer...
Read Full Article →Walmart CFO says price hikes from tariffs could start later this month, as retailer beats on earning...
Walmart's strong earnings performance contrasts with lower revenue, as the CFO indicated that costs may rise soon due to new tariff-related expenses impacting the company’s financi...
Read Full Article →Shark Tank alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Bombas’ appointment of experienced retail leader Jason LaRose as CEO signals a strategic move to expand its market presence and drive revenue growth beyond its initial direct-to-co...
Read Full Article →Oil prices fall after Trump raises hopes of a U.S.-Iran nuclear deal
The prospect of an agreement between the U.S. and Iran on nuclear terms contributed to a decrease in global crude oil prices, reflecting market expectations of eased geopolitical t...
Read Full Article →Alibaba shares drop 5% in premarket trading after big profit miss
Alibaba’s stock declined in early trading as the company reported lower-than-expected revenue and net income for the last quarter, signaling potential challenges for its financial...
Read Full Article →Group of 21 economies — including U.S. and China — warns of growth slowdown over trade tensions
The combined warning from multiple major economies highlights concerns that escalating trade disputes could lead to a substantial reduction in global economic expansion next year.
Read Full Article →Trump’s critical minerals drive paves the way for a deep-sea gold rush
The push for extracting valuable resources from the ocean floor could lead to substantial economic opportunities and significant investment in the mining industry over the coming y...
Read Full Article →Denmark's economy is booming on drug exports — Trump's tariffs threat won't slow it down
Denmark's economic expansion, largely fueled by a sharp rise in pharmaceutical sales abroad, faces predictions of slowing growth despite concerns over potential trade barriers from...
Read Full Article →Reddit is worth owning if you can handle some volatility, Jim Cramer says
Jim Cramer highlighted that despite potential fluctuations, investing in Reddit could be financially rewarding due to the company's promising growth prospects and recent notable in...
Read Full Article →CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
CoreWeave reported strong revenue gains in its initial post-IPO earnings, reflecting continued demand driven by advancements in artificial intelligence despite a moderation in grow...
Read Full Article →Cisco says CFO Scott Herren is leaving, company reports earnings beat
Cisco's recent financial results surpassed expectations, and its forward-looking outlook outperformed analyst forecasts, while the company announced the departure of its Chief Fina...
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