Out of DOGE, Elon Musk Returns to His Bruised Business Empire
Elon Musk is ready to get obsessed with his companies again. There's a lot for him to contend with at Tesla, SpaceX and xAI.
----
EssilorLuxottica to Buy Optegra in Medical AI Push
The eyewear group said the deal builds on its offering, which spans Ray-Ban frames and lenses to AI-powered technologies, wearables, medical instruments and science-backed eyecare solutions.
----
Costco to Rely on Advancing Orders, Production Shifts to Offset Tariffs
The warehouse-club chain is taking steps to reduce its exposure to tariffs by pulling orders forward and moving sourcing of private-label products to the regions where they are sold.
----
Target at the Tipping Point: What It Needs to Do Now
The storied company is in a dicey place, plagued by empty shelves, skimpy staff, and messy stores. It's time for drastic action.
----
SEC Dismisses Lawsuit Against Binance
The regulatory agency has been winding down Biden-era enforcement actions against crypto firms during the Trump administration.
----
Dell Technologies Raises Outlook as Sales Rise on AI Demand
The maker of computers and software on Thursday said it now expects adjusted earnings per share of $9.40, up from its previous outlook for $9.30.
----
Nvidia's Most Impressive Feat Yet? How the Chip Maker Overcame a China Ban.
Nvidia earnings don't do its quarter justice. The chip maker handled the loss of a massive business line and still generated impressive growth.
----
Microchip Technology Narrows Outlook on Higher Bookings
Microchip is performing better than management expected when it hosted its investor call on May 8, with higher-than-expected bookings, Chief Executive Steve Sanghi said.
----
Gap sees sales stalling, and puts a number on the extra cost of tariffs
Gap Inc.'s stock drops after the retailer called for flat current-quarter sales.
----
Berkshire Hathaway Stock Is Slipping. The ‘Buffett Premium' Is Leaking Out.
Warren Buffett surprised investors at the May 3 Berkshire Hathaway annual meeting with plans to give up the CEO job at the end of 2025.
----
Boeing Stock Jumps on CEO Comments. Here's What He Said.
Boeing CEO Kelly Ortberg has positive news about the production rates, 737 MAX variants, and China. Investors look pleased.
----
Ulta Raises Full-Year Outlook as Consumers Keep Spending on Beauty
Same-store sales increased 2.9%, beating the 0.2% bump Wall Street was anticipating. An increase in average ticket and the number of transactions helped drive same-store-sales growth, Ulta said.
----
Ben & Jerry's Calls Gaza Conflict a Genocide, Putting Unilever In A Tough Spot
Ben & Jerry's independent board plans to post a statement expressing solidarity with protesters against deaths of Palestinians in Gaza.
----
Retailers, Ducking Trade-War Curveballs, Stick to Their Plans
As legal rulings roll in on Trump's tariff policies, retail executives say they have shifted their supply chains and many price increases already have hit shelves.
(END) Dow Jones Newswires
May 30, 2025 03:00 ET (07:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.