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Walmart's stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.
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These are some of the stocks posting the largest moves in premarket trading.
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Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.
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United Airlines is releasing a new safety video for the first time in years. The refresh comes as airlines struggle to hold the attention of passengers who are distracted by screens of their own.
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GameStop, AMC slide as meme stocks rally loses steam Yahoo FinanceMeme Stock Craze: the Sad Return of Roaring Kitty, GameStop, and AMC Business InsiderGameStop, AMC shares skyrocket after meme stock trader posts for first time in 3 years CNN'Hold Your Horses,' Says Barrington About AMC Stock - TipRanks.com TipRanksGameStop and AMC Extend Slump as Meme-Fueled Rally Unravels Bloomberg
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United is releasing a new safety video for the first time in years. The refresh comes as airlines struggle to hold the attention of passengers who are distracted by screens of their own.
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Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.
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Oil futures pull back as a bounce inspired in part by a slower U.S. inflation reading loses steam.
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China's Xi Jinping rolls out red carpet for close friend Putin in strong show of unity CNNXi lauds China-Russia ties as Putin arrives in Beijing ReutersPutin says 'grateful' to China for Ukraine peace 'initiatives' Hindustan TimesPutin in China: Xi Jinping welcomes Russian President The Associated PressHow the Ukraine war brought China and Russia closer together CNN
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Sales in Under Armour's largest market in North America are falling as inflation weary consumers pull back on new clothes and shoes.
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Walmart (WMT) Earnings Rise as Wealthier Customers Shop at Retailer BloombergWalmart earnings beat as discounter wins over more high-income shoppers, e-commerce sales jump CNBCWalmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals Inc.Walmart lifts full-year sales and profit forecast, shares rally Yahoo FinanceWalmart's stock jumps toward a record after a grand-slam earnings report MarketWatch
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Can this high-flying server manufacturer maintain its stellar growth?
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Billionaire investor has concerns about rising financial burden, global conflict and growing possibility of ‘civil war'
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iPhone 16 Pro Max Looks This Much Bigger Beside iPhone 15 Pro Max MacRumorsApple iPhone 16 Pro: Design Upgrade Shines In New Leak ForbesiPhone 16 Pro: Four new camera features coming this year 9to5MacHow Much Will the iPhone 16 Cost? Here's What to Expect CNETImages show how much bigger iPhone 16 Pro Max will be 9to5Mac
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Teen who vanished 26 years ago rescued from neighbor's cellar — just 200 yards from his home in Algeria CBS NewsTeen kidnapped 26 years ago rescued from neighbor's cellar just 100 yards from home New York Post Man Was Missing For 26 Years. He Was Found Held Captive By Neighbour NDTV'Kidnapped' Algerian man rescued after 26 years from neighbour's cellar The Independent
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Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.
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Also in today's newsletter, how another Trump administration could reshape the energy outlook
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New York Fed President John Williams said April's inflation data was a "positive" development after a string of disappointments, as he said the overall price trend "looks reasonably good."
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One of five common questions for jobseekers looking for a job in the federal government- which agencies need people who speak more than one language?
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Biden and Trump agree to June and September debates as RFK vies to qualify BBC.com‘I'm just shocked': CNN anchor on Trump's agreement to debate Biden CNNUp First briefing: Biden and Trump presidential debates; outdoor time and myopia NPRHow Trump might lose his 2nd straight election: Biden corners him into new debate rules MSNBCPathetic Trump Already Trying to Weasel Out of Debating Biden The New Republic
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Census Bureau estimates: Detroit population rises after decades of decline, South dominates growth The Associated PressCensus Bureau report shows Detroit population increases Detroit Free PressAt Last, Detroit Sees Population Grow, New Estimates Show The New York Times'Day of celebration': Detroit sees first population growth since 1957 Detroit NewsFastest growing cities in the U.S., according to population Axios
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TLAC bonds are part of push from international regulators to shore up balance sheets
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This is one of the hottest brands in fitness and fashion, and it's growing like crazy.
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While Stanley Black & Decker is still working to get back on track, the company's earnings are going to grow materially this year.
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The future keeps getting brighter for these companies.
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Stock futures edge higher after S&P 500 closes above 5,300 for the first time: Live updates CNBCS&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data CNNFutures edge higher as softer inflation report lifts rate-cut hopes Yahoo! VoicesCNBC Daily Open: Wall Street hits record, 'Thee rate cuts' CNBCStock Market Today: Dow rises almost 250 points, S&P 500 on pace for record high after April CPI reading sparks relief MarketWatch
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The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.
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GameStop and AMC shares fell as the meme stock trading frenzy showed signs of fizzling early on its third day.
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The consumer price index was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.
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Consumer prices in April were up 3.4% from a year ago — a smaller annual increase than the month before.
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Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable cord-cutting and online consumption.
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Burberry on Wednesday said the slowdown in the luxury goods market hit its sales in the final quarter of 2024 and led to a sharp 34% drop in its full-year profits.
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‘I'm just shocked': CNN anchor on Trump's agreement to debate Biden CNNDemocrats hungry for Biden-Trump debate The HillWhy Biden Wanted to Debate Trump Early, and Why Trump Said Yes The New York TimesHow Trump might lose his 2nd straight election: Biden corners him into new debate rules MSNBCFirst Thing: Joe Biden and Donald Trump agree to two debates T
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University of California Workers Authorize Union to Call for Strike Over Protest Crackdowns The New York Times'Maximize chaos.' UC academic workers authorize strike, alleging rights violated during protests Los Angeles TimesUniversity of California union authorizes strike over response to Gaza protests The Washington PostUC Workers Authorize Strike Over Crackdown On Campus Protests LAistArrests at University of California, Irvine, as UC union authorizes strike over Gaza protests Axios
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Buffett's Berkshire reveals over $6B investment in Chubb, sending shares higher Fox BusinessWarren Buffett's Berkshire Reveals Its Mystery Stock: Chubb The Wall Street JournalWarren Buffett's Berkshire Hathaway reveals insurer Chubb as confidential stock it's been buying CNBCBerkshire Hathaway Mystery Stock: Here's What Warren Buffett Bought Barron's
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Experience counts for a lot when hiring, but don't forget about these unconventional traits, which are often key to determining an employee's success in an organization.
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Shares of Nio Inc. pulled a U-turn to trade sharply lower Wednesday, wiping out the bulk of their gains made in the wake of the Biden administration's new tariffs on electric-vehicle imports from China.
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Investors increase bets on Fed's interest rate cuts this year as price growth moderates
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The SoundLink Max is the latest portable Bluetooth speaker from Bose and produces a sound bigger than its size might lead you to believe.
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Apple stock, which has already lost $380 billion of market value this year, will be tested again this week as the company is expected to report a 5% annual drop in sales.
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Baby boomers are amassing trillions of dollars in stocks bonds and mutual funds for retirement. But when they quit work and start selling those assets will there be enough buyers? Or will supply outstrip demand driving down prices and leaving the retirees with far less than they had expected? Wharton finance professor Jeremy Siegel addressed these issues during a presentation at Wharton on May 15 in which he also talked about the current financial markets worker productivity and growth in developing countries.
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In a new study that compares Fortune 100 executives in 1980 with their counterparts in 2001 Peter Cappelli director of Wharton's Center for Human Resources and colleague Monika Hamori document what many CEOs and other senior managers have no doubt already witnessed: The road to the executive suite and the characteristics of the executives who get there have changed significantly over the last two decades. Among the researchers' findings: Today's executives are younger more likely to be female and less likely to have Ivy League educations. They get to the executive suite faster than ever hold fewer jobs along the way spend about five years less in their current organization before being promoted and are more likely to be hired from the outside.
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Stocks stabilized Wednesday after Tuesday's hotter-than-expected inflation data sparked Wall Street's worst selloff in over two years.
Inflation remained in focus today with the early morning release of the producer price index (PPI) for August. Similar to yesterday's consumer price index (CPI), the PPI - which measures what suppliers are charging for goods and services - rose at a slower annual clip in August than it did in July. However, on a month-over-month basis, both PPI and core PPI, which excludes energy and food prices, were up from July's figures.
SEE MORE 12 REITs Flaunting Fast-Growing Dividends
"There is a divergence in headline and core inflation building, where headline is cooling and core is heating up," says Jamie Cox, managing partner at Harris Financial Group. "That's an odd phenomenon and likely influenced by the shift from goods to services post-pandemic. The Fed should proceed with caution and not hit the emergency brake on rate hikes."
While yesterday's selling was broad-based, today's action was more mixed. In terms of sector performance, real estate (-1.2%) and materials (-1.2%) were the biggest laggards, while energy ( 2.8%) outperformed as U.S. crude futures rose 1.3% to settle at $88.48 per barrel.
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As for the major indexes, the Nasdaq Composite ended up 0.7% at 11,719, while the S&P 500 Index ( 0.3% at 3,946) and the Dow Jones Industrial Average ( 0.1% at 31,135) also finished with mode
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