Author: Daniel snow
Lululemon Athletica shares slid after hours on Thursday, after the athleisure-wear maker cut its full-year profit outlook and offered a second-quarter forecast that came up short of Wall Street’s expectations. Source link
The SpaceX Falcon 9 rocket and Dragon spacecraft are seen ahead of a launch at Launch Complex 39A at the NASA’s Kennedy Space Center on March 14, 2025 in Cape Canaveral, Florida. Brandon Bell | Getty ImagesElon Musk on Thursday said that his company SpaceX will begin decommissioning its Dragon spacecraft “immediately” because of threats by President Donald Trump to cancel government contracts with Musk’s businesses.Musk’s announcement, on his social media site X, came amid an escalating war of words with Trump that began after the Tesla CEO criticized the major tax bill being pushed by the Republican president.”In light of…
Brown-Forman’s stock is having its worst day ever and heading for a 12-year low after the spirits seller fell short of its profit and revenue expectations. Source link
A proposed 10-year ban on states regulating AI ‘is far too blunt an instrument,’ Amodei wrote in an op-ed. Here’s why. Source link
Silver rallied Thursday to tap its highest price in more than 13 years, with the industrial metal finally making a significant move to catch up to gold’s gains, pulling the gold-silver ratio down to its lowest level since the Trump administration’s “liberation day” tariff announcement. Source link
Cybersecurity powerhouse CrowdStrike sees big business in helping companies safeguard their AI agents, which by design have access to vast amounts of their sensitive data. These artificial intelligence applications with human-like reasoning and problem-solving abilities are quickly becoming all the rage in corporate America. They are being used in a variety of ways — from customer support to task automation. In fact, a new survey of IT leaders by data firm Cloudera showed that 96% of them said they plan to expand their use of AI agents in the next 12 months. During a “Mad Money” interview Wednesday, CrowdStrike CEO George…
Use this framework to sell your business when you’re thinking clearly, not when you’re desperate. Source link
The Trump administration has warned its major trading partners that it is going to get tough on what it views as unfair trading practices, though it held off labeling any nation a currency manipulator. Source link
Mathisworks | Digitalvision Vectors | Getty ImagesWhile Elon Musk has ended his government cost-cutting initiative that resulted in thousands of federal job cuts, mass layoffs are still roiling corporate America.Companies are under increasing pressure to trim costs against the backdrop of global economic uncertainty brought on by President Donald Trump’s tariff policies. Several companies have announced price hikes. Layoffs mark another way to pull back.Trade tensions have also raised concerns about the general health of the U.S. economy and the job market. While the April jobs reading was better than expected, a separate reading from ADP this week showed private…
The AP estimates that the targeted regulations would have saved billions of dollars and thousands of lives each year. Source link