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Wall Street Rises With Hopes for Trade Deals
U.S. stocks are rising Thursday after President Donald Trump said he was set to announce an agreement on trade with the United Kingdom, the first of what Wall Street hopes will be enough to keep a recession from hitting the economy.
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Warner Bros Discovery Misses on Box Office Weakness
Warner Bros Discovery missed first-quarter revenue estimates Thursday, weighed down by a lack of big box office hits from its studio and weakness in its traditional TV business as consumers continued to abandon cable for streaming.
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Burger King-Parent Restaurant Brands Misses Quarterly Revenue Estimates
Restaurant Brands missed first-quarter revenue estimates Thursday, hurt by weak demand at its restaurant chains such as Burger King against the backdrop of tariff-related uncertainty.
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Late Chip Rally Lifts Stocks After Rates Held Steady
U.S. stocks advanced Wednesday in choppy trading after the Federal Reserve kept U.S. interest rates unchanged in a move that was widely expected by market participants.
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Alphabet Plunges 8% on Traffic Drop Testimony
Shares in Google parent Alphabet (GOOG) plunged more than 8% Wednesday after an Apple executive told a federal court that the search engine's traffic fell on Apple products last month.
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Apple Looks to Add AI Search to Safari Browser
Apple is "actively looking at" reshaping the Safari web browser on its devices to focus on AI-powered search engines, Bloomberg News reported Wednesday, a move that could chip away at Google's dominance in the lucrative search market.
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Rising Valuations, Cloudy Earnings Confront US Stocks
After a round-trip for U.S. stocks following their tariff-fueled swoon, investors are wary of obstacles that will prevent the market from more significant gains in the near term.
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CrowdStrike to Lay Off 5%, Reaffirms Forecasts
CrowdStrike reiterated its fiscal 2026 first quarter and annual forecasts Wednesday and announced a plan to cut about 500 roles, roughly 5% of its workforce, to reduce costs.
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US-China Trade Breakthrough Could Ignite a Powerful Stock Rally
Markets could be on the brink of something big. After weeks of trade-driven volatility and geopolitical tension, the conditions are now in place for a sharp, broad-based rally - if negotiations between the US and China produce even a modest opening.
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Disney Earnings Top Forecasts, Stock Soars 6%
Walt Disney's quarterly results topped Wall Street expectations as visitors to its U.S. theme parks increased spending in the first three months of the year and the company saw an unexpected rise in Disney+ streaming customers.
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World Stocks Pause as Markets Eye US-China Talks, Fed
World stocks held on to most of their recent gains on Wednesday and oil prices rose on news of a forthcoming meeting between top U.S. and Chinese trade officials.
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Super Micro Cuts Annual Revenue Forecast; Shares Fall 5.4%
Super Micro Computer trimmed its fiscal 2025 revenue expectation Tuesday, adding to concerns around the server maker's position in the AI market after a litany of internal issues had brought on a potential delisting.
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AMD Forecasts Q2 Revenue Above Estimates
AMD forecast second-quarter revenue above Wall Street estimates Tuesday, betting on robust demand for its artificial-intelligence chips even as trade tensions cloud the global economic outlook.
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Dow, S&P 500 Pull Back for a Second Day
U.S. stocks were lower for a second straight session Tuesday as comments from U.S. President Donald Trump and Treasury Secretary Scott Bessent provided little clarity to the timeline for any trade deals.
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'Resistance Is Futile' - For Both Bulls and Bears
"Resistance is futile" was a sentence that struck fear in the hearts of Trekkie fans during "Star Trek: The Next Generation," specifically in both of the "Best Of Worlds" and "First Contact" episodes.
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Palantir Shares Dive 7% as Results Don't Impress Investors
Shares of Palantir Technologies slumped about 7% in premarket trading Tuesday, after quarterly results and a raised forecast failed to meet the high expectations of Wall Street investors, who had driven the stock price up significantly ahead of earnings.
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Marriott Cuts 2025 Revenue Outlook as Travel Demand Slows
Hotel operator Marriott International trimmed its 2025 room revenue forecast Tuesday, as it braces for slowing travel demand in the U.S. amid tariffs-induced fears of an economic recession.
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Dollar Under Pressure as Investors Await US Trade Deals
The dollar struggled Tuesday as investors began to grow itchy about hoped-for U.S. trade deals, while Asian currencies took a breather after an unprecedented two-day surge that highlighted the fragility of the greenback.
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DoorDash, UK's Deliveroo Serve up $3.9 Billion Deal
U.S. meal delivery firm DoorDash will buy Deliveroo in a deal valuing the British rival at about 2.9 billion pounds ($3.85 billion), the companies said, banking on a bigger reach and local expertise to take on competition.
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Palantir Lifts Annual Forecast on Booming AI Demand
Data and analytics firm Palantir Technologies raised its annual sales forecast Monday, betting on strong demand for its products that help businesses adopt generative AI technology.
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Ford Pulls Guidance, Warns of $1.5B Tariff Hit
Ford Motor suspended its annual guidance Monday because of uncertainty around U.S. President Donald Trump's tariffs, saying the levies would cost the company about $1.5 billion in adjusted earnings before interest and taxes.
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S&P 500 Snaps 9-Session Win Streak
The S&P 500 fell to snap its longest streak of gains in 20 years Monday as investors assessed U.S. President Donald Trump's latest tariff announcement ahead of the Federal Reserve's monetary policy decision later this week.
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As Stocks Swooned, Individuals Bought & Pros Bailed
During the extreme market volatility in April, the "smart money" sold stocks, while the "dumb money" bought on the dip.
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Brokerages Postpone Fed Rate Cut Bets After Jobs Data
Major brokerages, including Goldman Sachs and Barclays, see a later start to the U.S. Federal Reserve's easing cycle after stronger-than-expected jobs report signaled resilience in the U.S. labor market as President Donald Trump's protectionist trade policy heightens...
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Skechers to Be Taken Private in $9 Billion Deal
Footwear company Skechers said Monday it had agreed to be acquired by investment firm 3G Capital in a deal worth $9.4 billion.