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Victoria’s Secret Stock Looks Sexier
The Wall Street Journal78d agoneutral
Victoria’s Secret Stock Looks Sexier

Shares in Victoria’s Secret are surging more than 35% in premarket trading after bra sales gave the retailer's top line a lift. “We are really hitting our stride,” said Chief Executive Hillary Super, who has been fashioning a turnaround at the lingerie and apparel retailer.

Buy, Sell or Hold Broadcom Before Earnings Tomorrow?
24/7 Wall St.78d agoneutral
Buy, Sell or Hold Broadcom Before Earnings Tomorrow?

At $459.97, Broadcom (NASDAQ:AVGO) looks attractively positioned for investors with a 12-month horizon. The stock just touched a 52-week high of $465.99 and sits on the doorstep of an earnings report that prediction markets are pricing as a near-certain beat, which makes the next 90 days a real test of the bull thesis. Broadcom designs ... Buy, Sell or Hold Broadcom Before Earnings Tomorrow?

Palo Alto CEO’s Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America
Bloomberg78d agoneutral
Palo Alto CEO’s Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America

(Bloomberg) -- Shareholders at Palo Alto Networks Inc. have a recurring beef with the company over how much it pays the chief executive officer and other senior leaders. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedA ma

How Google’s $80 Billion Equity Plan Compares to the Biggest Ever
The Wall Street Journal79d agoneutral
How Google’s $80 Billion Equity Plan Compares to the Biggest Ever

The gargantuan funding requirements of developing artificial intelligence has already set records for the funding rounds in private markets. Now the list of largest-ever equity issues on the stock market is set to be rewritten too. The largest component of Alphabet’s proposed $80 billion equity issue—$40 billion, to be sold into the market—will be roughly on par with the size of Saudi oil giant Aramco’s 2019 initial public offering, adjusted for inflation.

Dollar General Posts Higher Profit, Sales
The Wall Street Journal79d agoneutral
Dollar General Posts Higher Profit, Sales

Dollar General logged higher profit and sales in its fiscal first quarter as it opened new stores and as consumers continued relying on the company for low-cost goods.

Tesla’s Market Cap Is Up 1,000-Fold Since Its 2010 IPO. What That Means for SpaceX.
Barrons.com79d agoneutral
Tesla’s Market Cap Is Up 1,000-Fold Since Its 2010 IPO. What That Means for SpaceX.

Tesla stock rebounded early Tuesday as CEO Elon Musk reminded investors about where his EV company started and how far it’s come. The move came after Musk tweeted that Tesla’s IPO market cap was only 0.1% of its current market cap. The tweet also comes just ahead of SpaceX’s massive IPO, which is expected to raise a record amount of cash, and could value the rocket company at $2 trillion.

Move Over, ‘Intel Inside’
The Wall Street Journal79d agoneutral
Move Over, ‘Intel Inside’

The “Intel Inside” marketing campaign made Intel a household name and a ubiquitous personal-computer chip supplier in the 1990s. These days, “Nvidia Inside” has a lot more selling power. Intel shares fell yesterday after Nvidia unveiled a new line of PC chips, and are down a further 2% in premarket trading.

Strategy’s About Face on Bitcoin
The Wall Street Journal79d agoneutral
Strategy’s About Face on Bitcoin

Michael Saylor, the founder of Strategy, has spent years urging his social-media followers to never sell bitcoin. “Sell a kidney if you must, but keep the bitcoin,” he urged early last year. Now his bitcoin-hoarding firm has decided to sell some of its holdings to stay solvent.

Philip Morris Shares Ease After Company Trims 2026 Earnings Outlook (PM)
InvestorsHub79d agoneutral
Philip Morris Shares Ease After Company Trims 2026 Earnings Outlook (PM)

Philip Morris International (NYSE:PM) shares edged lower in premarket trading on Tuesday after the tobacco group reduced its full-year adjusted earnings guidance, reflecting the impact of an expected impairment charge and currency-related headwinds. The stock slipped around 1% before the opening bell as investors assessed the updated outlook.

Amazon's Ring sued over facial recognition feature, latest privacy concern for doorbell maker
Reuters79d agoneutral
Amazon's Ring sued over facial recognition feature, latest privacy concern for doorbell maker

Amazon was sued on Monday by a Virginia resident over what he said were privacy violations after the company's Ring ‌doorbell cameras at friends and family members' homes collected and stored images of his ‌face using facial recognition software. The plaintiff, Charles Sigwalt, who is seeking class-action status, sued Amazon in federal court in Seattle ​alleging a feature known as “Familiar Faces” retains images of passersby without their consent. Familiar Faces, which is optional, uses artificial intelligence to identify and remember people so that when they return to a home or a business, notifications can include specific ‌names.

China’s Chip Ambitions Run Into a Global Tech Wall
The Wall Street Journal79d agoneutral
China’s Chip Ambitions Run Into a Global Tech Wall

In 2019, while researching a book on the U.S.-China competition, I visited Huawei’s sprawling new R&D campus in Dongguan, a city about an hour’s drive from the company’s Shenzhen headquarters. A Huawei executive explained the design to me with a straight face: “We’re doing well in Europe.” In a Wall Street Journal interview that November, founder Ren Zhengfei invited President Trump to come visit and brushed off U.S. sanctions with characteristic bravado.

Intel CEO Says He Wants to Capitalize on Full AI Ecosystem
The Wall Street Journal79d agoneutral
Intel CEO Says He Wants to Capitalize on Full AI Ecosystem

Intel laid out a strategy to capitalize on the latest shifts in artificial intelligence on Tuesday, reiterating its focus on the full-stack ecosystem as it looks to pull off a pivot to AI. Emphasizing value over single chips, Intel CEO Lip-Bu Tan outlined four pillars to meet modern software and hardware demands: PCs, edge and agentic AI, foundational data centers, and intelligence centers.

Bitcoin Tumbles Below $70,000 for First Time in Two Months
Bloomberg79d agoneutral
Bitcoin Tumbles Below $70,000 for First Time in Two Months

(Bloomberg) -- Bitcoin dipped below $70,000 for the first time in almost two months, as concerns about the conflict in Iran and selling by major holder Strategy Inc. dented investor appetite.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedAndrew Left Found Guilty in Case That Spoo

Google Stock Dips on $80 Billion Equity Raise Plan
The Wall Street Journal79d agoneutral
Google Stock Dips on $80 Billion Equity Raise Plan

Shares in Alphabet are down premarket after the Google parent unveiled a giant equity issue plan that underscored the epic bill for the AI buildout. The stock is down 2.5% premarket, enough to wipe more than $100 billion off the company’s market value.