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Alphabet shares sink 8% after Apple’s Cue says AI will replace search engines
Alphabet's stock declined significantly following comments from Apple's executive suggesting that artificial intelligence technologies may transform or reduce reliance on tradition...
Read Full Article →AMD CEO Lisa Su calls China a 'large opportunity' and warns against strict U.S. chip controls
AMD's leadership highlights the importance of maintaining a balanced approach to export regulations in order to maximize market expansion in China while addressing security concern...
Read Full Article →EU to unveil next steps in U.S. tariff countermeasures on Thursday
The upcoming announcement from the EU is expected to detail potential financial actions in response to U.S. tariffs, highlighting ongoing preparations amid uncertainties in trade n...
Read Full Article →One of our tech names announces a restructuring that is good for the stock
The recent organizational changes at a major technology company are expected to positively influence investor confidence and potentially enhance the company’s market valuation in t...
Read Full Article →CEO at 33, Tubi's Anjali Sud on success hacks she learned at Amazon, IAC on way to top of Fox stream...
Anjali Sud's leadership at Tubi highlights strategic growth in the streaming market, potentially increasing the platform’s revenue and competitive position within the broader digit...
Read Full Article →Why Target is losing out against competitors Walmart and Costco
Target’s recent operational challenges and changes in diversity and inclusion policies have impacted customer loyalty, resulting in increased market share for competing retailers s...
Read Full Article →Pandora warns U.S. tariffs will spark sweeping jewelry price increases
Pandora indicated that proposed U.S. tariff increases could lead to widespread cost rises throughout the budget-friendly jewelry market, potentially impacting consumer affordabilit...
Read Full Article →Uber misses revenue expectations with trips up 18% over last year
Despite a notable increase in trip volume compared to the previous year, Uber’s revenue fell short of forecasts, while the CEO emphasized autonomous vehicle technology as a key fut...
Read Full Article →Weekly mortgage demand suddenly surges, despite lingering economic uncertainty
Despite minimal changes in interest rates, the number of applications for home loans increased noticeably last week, indicating a shift in borrowing activity amid ongoing economic...
Read Full Article →Uber CEO says changing employee benefits 'is a risk we decided to take'
Uber's decision to modify employee benefits and increase in-office work reflects a strategic choice that may impact company expenses and workforce satisfaction moving forward.
Read Full Article →Disney reports surprise uptick in streaming subscribers, beats on top and bottom lines
Disney’s recent financial results showed increased subscriber numbers and surpassed expectations in earnings and revenue, leading the company to raise its fiscal 2025 outlook acros...
Read Full Article →Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was kill...
Despite the elimination of regulatory pressure previously cited by banks, credit card interest rates remain elevated, sustaining record-high annual percentage rates that significan...
Read Full Article →IRS loses nearly 1 in 3 tax auditors in DOGE cuts, watchdog report finds
The reduction in IRS personnel has significantly impacted audit capacity, potentially affecting revenue collection and enforcement efforts due to fewer available tax examiners, as...
Read Full Article →Why Indian markets are undeterred by strikes against Pakistan
Despite initial volatility caused by tensions with Pakistan, market participants remain optimistic that a quick resolution will minimize financial disruptions and help sustain stea...
Read Full Article →CNBC Daily Open: Countries want to strike deals with U.S. — but are also making them without it
Several nations are pursuing alternative trade agreements that may diminish U.S. influence in global markets, potentially impacting the country’s economic position established duri...
Read Full Article →China announces sweeping measures to ease policy in bid to shore up trade-war hit economy
China’s decision to reduce interest rates and reserve requirements aims to stimulate economic growth by lowering borrowing costs and increasing liquidity amid ongoing trade tension...
Read Full Article →Novo Nordisk cuts 2025 guidance on weaker-than-expected Wegovy sales, posts first-quarter profit bea...
Despite reporting higher-than-anticipated first-quarter earnings, Novo Nordisk adjusted its 2025 revenue outlook downward due to slower demand for Wegovy, impacting overall financi...
Read Full Article →Trump officials Bessent and Greer to meet with Chinese counterparts on trade, economic issues
Senior representatives from the Trump administration are scheduled to engage with Chinese officials to discuss ongoing trade and economic matters, highlighting the importance of th...
Read Full Article →Super Micro issues weak guidance, cites 'economic uncertainty and tariff impacts'
Super Micro's cautious outlook reflects concerns over ongoing economic instability and trade policies, which may affect its revenue growth and profit margins in the coming quarters...
Read Full Article →Rivian cuts 2025 delivery target, ups expected spending amid tariff pressures
Rivian has adjusted its 2025 expectations by lowering the anticipated vehicle shipments while simultaneously increasing its projected expenses due to challenges related to import d...
Read Full Article →AMD beats on earnings but will take $1.5 billion hit to revenue from chip restrictions to China
AMD's latest quarterly results exceeded forecasts, yet the company anticipates a substantial revenue reduction due to limitations on chip sales to the Chinese market.
Read Full Article →58 crypto wallets have made millions on Trump's meme coin. 764,000 have lost money, data shows
A small number of crypto wallet holders have gained substantial profits from the $TRUMP meme coin, while a significantly larger group experienced financial losses following increas...
Read Full Article →EA issues strong bookings guidance as CEO touts 'Battlefield' reveal
Electronic Arts surpassed expectations for fiscal fourth-quarter bookings, signaling robust financial performance, while the CEO highlighted the upcoming reveal of the new Battlefi...
Read Full Article →Small investors rushed into Berkshire shares during dip even after their hero Buffett set exit
Individual investors increased their holdings in Berkshire Hathaway Class B shares by over $24 million on Monday, demonstrating confidence despite Warren Buffett's indication to re...
Read Full Article →Industrial name with AI ties makes a key move to boost its growing data center business
The acquisition is expected to enhance Dover’s presence in the expanding data center market, leveraging a division that has consistently achieved strong organic growth in recent ye...
Read Full Article →Nvidia CEO says being locked out of China AI market would be 'tremendous loss'
Nvidia’s CEO highlighted that exclusion from the China AI sector, valued at approximately $50 billion, could significantly impact the company’s growth and revenue opportunities in...
Read Full Article →Comcast's cable spinoff to be named Versant, picked to emphasize corporate versatility
Comcast's decision to rename its cable spinoff to Versant highlights the company's focus on strategic flexibility and aims to enhance the financial value of its diverse media asset...
Read Full Article →Wall Street takes another breather — plus, the 2 biggest headlines weighing on drug stocks
Wall Street showed a pause in activity as major developments impacted pharmaceutical shares, highlighting key factors that influenced market movements during the final trading hour...
Read Full Article →Barbara Corcoran is selling the NYC penthouse she first visited in 1992 and bought 23 years later: '...
Barbara Corcoran’s decision to sell her spacious Fifth Avenue penthouse, acquired after more than two decades since first visiting, highlights a notable real estate transaction in...
Read Full Article →Amazon's Zoox robotaxi unit issues software recall after recent Las Vegas crash
The software recall by Amazon's autonomous vehicle division following the Las Vegas incident could lead to increased operational costs and impact investor confidence in the company...
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