Business
Shrink Woes Dent Profits for Five Below and Dollar General
In a blow to their financial performance, both Five Below (FIVE) and Dollar General (DG) find themselves grappling with a substantial drop in profits as...
Dollar General Shares Decline 14% After Downgraded Forecasts
Discount retail leader, Dollar General, has taken a decisive step to slash its yearly sales and profit expectations. The Goodlettsville, Tennessee-based firm attributes this adjustment...
Nvidia Faces Rivals’ Surge in AI Chips Race
Nvidia, the tech giant known for its record revenue and remarkable year-over-year growth, finds itself at a pivotal juncture as its grip on the AI...
HP Shares Decline 8% on Profit Alert Amidst Soft PC Demand
Shares of technology behemoth HP (HPQ) experienced a substantial 8% decline during early trading on Wednesday in response to persistent lackluster demand for personal computers,...
J&J Projects 12.5% Annual Profit Growth After Kenvue Spinoff
Healthcare titan Johnson & Johnson (J&J) unveiled its projected annual adjusted profit growth of 12.5% after successfully executing the separation of its consumer health entity,...
Mark Thompson Takes Helm at CNN Under Warner Bros Discovery
In a strategic move aimed at revitalizing a struggling news network, Warner Bros Discovery has announced the appointment of Mark Thompson, former head of The...
OnStar Upgrade: GM Collaborates with Google AI Tech
In a recent announcement, General Motors (GM) has unveiled a groundbreaking collaboration with tech giant Google, harnessing the power of generative AI technology to revolutionize...
Political Ads Return to X Platform Ahead of 2024 Elections
In a strategic maneuver that could reshape the political advertising landscape, X, the once-renowned social media platform Twitter, revealed its decision on Tuesday to reverse...
Apple Annual Product Event to Spotlight Revolutionary Tech
Apple (AAPL) has officially announced the date of its eagerly awaited annual product event, scheduled to take place on September 12 at the tech giant’s...
Big Lots Stock Surges 28% on Smaller Loss and Recovery Signals
In a surprising turn of events, Big Lots (BIG) stock soared by an impressive 28% on Tuesday, buoyed by better-than-anticipated quarterly results and promising signs...
