Target's Sales Dented by DEI Boycott
The retailer's comparable sales fell 3.8% in the latest quarter, a steeper drop than expected.
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Baidu's First-Quarter Revenue Rose on Robust AI Business
The Chinese search-engine giant snapped a three-quarter run of falling revenue, posting a rise for the first three months of the year as it develops new growth drivers in AI.
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Google Still Needs to Convince Investors It Has Got the Hang of AI
The ambitious pace of launches doesn't overcome worries about breakups and new competition.
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Streamers Are Finally Making Money. For Consumers, It's Getting Messier.
Media companies are seeing financial bright spots in their streaming businesses, but navigating the options is still tough for consumers.
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Medtronic to Separate Diabetes Business
The medical device maker has been working to turn around the division over the last few years.
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Nvidia's Huang Calls U.S. Export Controls a Failure, Praises Trump
Jensen Huang said limits on the sale of advanced chips to China had galvanized the country to push ahead with building its own AI technologies.
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OpenAI's Biggest Data Center Secures $11.6 Billion in Funding
The eight-building project in Texas is a central piece of OpenAI's efforts to reduce its reliance on Microsoft for computing power.
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Bloomberg Terminal Outage Hits Traders
The terminal, an essential tool for professional investors, suffered an outage that disrupted trading.
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Super Micro to Expand Production Capacity as AI Demand Accelerates
The server maker's CEO said it will consider expanding production in states such as Mississippi and Texas.
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Why Disney's ‘Lilo & Stitch' Is Set to Beat ‘Mission: Impossible' at the Box Office
The movie's mayhem-causing alien is a merchandising powerhouse. Now a live-action remake is poised to be a big financial win for Disney.
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Kraft Heinz Is Evaluating Strategic Transactions
The food company also said two directors representing Berkshire Hathaway would step down from its board.
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Google Partners With Warby Parker, Kering to Develop AI Glasses
Google has committed up to $75 million for Warby Parker's product development and commercialization costs, as well as an equity investment of up to $75 million.
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In Latest EV Pullback, Ford to Share Battery Plant With Nissan
Part of Ford's flagship battery plant remains inactive as EV demand has slowed. Nissan will now use the factory to help defer tariff costs.
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Wolfspeed Prepares to File for Bankruptcy Within Weeks
The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to restructure its debt out of court.
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Elon Musk to Cut Back Political Spending
After making huge bets on the 2024 election, the Tesla CEO said he is now focused on winning more control of the company.
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Palo Alto Networks Posts Higher Sales, But Profit Slips
The Santa Clara, Calif., cybersecurity company logged higher revenue in its fiscal third quarter, though profit slipped as expenses increased.
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Toll Brothers Backs Full-Year Outlook
The home-construction company reiterated its outlook for the year despite soft demand in its latest quarter, and its chief executive said long-term trends for its luxury homes remain positive.
(END) Dow Jones Newswires
May 21, 2025 07:00 ET (11:00 GMT)
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