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Business

Tencent Strikes AI Gold In Q1 2025 While Rivals Dig Costly Holes

Tencent posted a revenue beat in Q1 2025, driven by AI-powered advertising growth, though high GPU spending caused a bottom-line miss.

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Business

Neobank Chime Files For IPO, With Eyes Toward Becoming One of 2025’s Largest Offerings

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Business

UnitedHealth Tanks After CEO Exits and Guidance Pulled — Insurance Stocks Follow

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Business

Chegg Slashes 22% of Workforce as AI Chatbots Hijack Education Tech Market

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Business

From Rags To Riches — ThredUp Stock Surges 340% As Secondhand Goes Mainstream

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Business

Crypto Giant Coinbase Will Replace Discover In S&P 500 Index on May 19

Politics

Pharmaceutical Firms Brace For Trump Executive Order

President Trump signs a new executive order aiming to align US drug prices with the lowest global rates, threatening tariffs for non-compliant companies.

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Business

US Beef Prices Sizzle to Record Highs as Cattle Inventory Shrinks to 70-Year Low

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Business

US-China Tariff Truce Sends Markets Into Overdrive As Greed Index Returns

Business

Sweetgreen Struggles To Keep Bowl Market Going As Chain Books First Same Store Sales Decline Since IPO

Sweetgreen reports its first same-store sales decline since going public, raising questions about consumer spending and brand quality.

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Business

Eyes on Earnings — Week of May 11, 2025

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Business

China’s Exports Jump 8.1% In April As Asian Markets Pick Up Slack

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Business

Coinbase Books Double Miss In Q1, But Rallies On Bitcoin Three-Month High

Business

DraftKings and FanDuel Parent Foul Out As March Madness Bettors Beat the House

Sportsbooks DraftKings and Flutter Entertainment missed projections after predictable March Madness results led to significant payouts to bettors.

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Politics

Republicans Seeking One Big Beautiful Bill With 2025 Tax Plan, New Budget Face Their Biggest Challenge Yet — Agreeing With Each Other

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Business

5.3M Student Borrowers Face Financial Guillotine as Collections Resume

Business

Travelers Steer Clear of This New York City Airport Amid Safety Concerns, Renovation

Newark Liberty Airport is facing major safety and operational disruptions. Travelers are advised to avoid the hub due to outages and runway closures.

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Business

Carvana’s Stock Picks Up Speed After a Record-Breaking Quarter

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Business

Brookfield Puts Part of Its $119B War Chest to Work as Markets Get Shaky

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Business

Peloton Pedals Through Challenging Quarter As New CEO Charts Turnaround

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