Like its peers, the company’s cloud business and capital expenditure will be scrutinized.
Category: Business
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The UAE’s OPEC exit will hit the group in the barrels
The move on May 1 will end almost 60 years of OPEC membership for the UAE.
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Disk drive duopoly darts higher after Seagate earnings
We’ll say it: hard disk drives are hot.
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Dogecoin and other canine tokens lead the pack as wider crypto market remains flat
DOGE is leading 24-hour market gains, increasing around 9% to trade at $0.10.
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Analyst: “Strategy has been the single biggest factor” for bitcoin’s recent rally
Specifically, Bitwise’s Matt Hougan credited STRC, Strategy’s perpetual preferred equity instrument, for the price action, as the proceeds have enabled the company to continue to buy bitcoin at a constant…
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There can only be one: Chili’s owner Brinker surges, Wingstop crashes following earnings
Brinker shares rose 13% as markets opened Wednesday, while Wingstop fell 10%.
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Avis erases what’s left of its 390% April gain on news that major holder dumped 4.3 million shares
Well, the vacation from reality was fun while it lasted, but now it’s time to return the rental car.
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Starbucks beats Q2 estimates, raises 2026 guidance
CEO Brian Niccol commented that the latest quarter “marked the turn in our turnaround as our Back to Starbucks plan drove both top and bottom line growth.”
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Maryland is set to be the first state to ban dynamic pricing at grocery stores
The first-of-its-kind legislation comes amid a growing trend for putting algorithm-driven price systems on US shelves.
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Booking dives after slashing its guidance as Iran war weighs on its business
The company expects fewer people to book travel accommodations through its sites this year than it previously forecasted as the war in Iran seeps uncertainty.
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NXP Semiconductors leaps after strong beat and guidance
NXP Semiconductors (NXPI) is up more than 15% in premarket trading on Wednesday after the chipmaker reported upbeat results for Q1, with strong guidance to match. For its first fiscal quarter of the year,…
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Disney is no longer considering spinning off ESPN, reports Business Insider
It’s perhaps the biggest call yet of new CEO Josh D’Amaro.
