Nike Bets On Olympics to Boost Performance Sales: Report
NIKE shares rise as it launches Olympic kits for sponsored teams & athletes. BofA upgrades stock with $113 price target.
Google Invests $1B In Subsea Cables To Strengthen US-Japan Digital Connectivity
Google commits $1 billion to enhance digital connectivity on heels of Biden's meeting with Japanese Prime Minister Fumio Kishida.
Gucci’s Revival Boost: Kering Reportedly Taps Stefano Cantino as Label’s Deputy CEO
Kering elevates Cantino to Deputy CEO of Gucci, aiming for brand revival. Set to commence on May 2, Cantino will collaborate with Palus to redefine Gucci's strategy.
What’s Going On With Alibaba Stock Thursday?
Alibaba ($BABA) stock rose as Jack Ma expressed support for company restructuring and urged employees to embrace AI. Stock down 25% in 12 months.
Legal Battle Over Enbridge Pipeline: Biden Administration Reportedly Urges Review
Biden admin urges appeals court to reconsider order for Enbridge to drain part of pipeline on tribal land, citing treaty violation.
Applied Materials, BHP Group, Allstate And More On CNBC’s ‘Final Trades’
On CNBC’s "Halftime Report Final Trades," Stephen Weiss of Short Hills Capital Partners named U.S.
Meta’s Instagram Takes Steps Against Sextortion of Teenage Users
Meta Platforms, Inc (NASDAQ: META) introduces new safety measures on Instagram to protect teenagers against sextortion scams. This follows concerns about mental health impacts and will be globally launched for teen accounts.
Jim Cramer: This Tech Stock Is “Great,” Archer Aviation Is ‘Too Speculative For Me’
On CNBC’s "Mad Money Lightning Round," Jim Cramer said "no" to MarineMax Inc (NYSE: HZO).
Amazon Phases Out Developer Incentives, Embraces AI to Revitalize Alexa’s Competitive Edge
Amazon will stop paying developers for popular Alexa apps and is phasing out support for free AWS credits. This reflects a shift in its AI strategy.
Cenovus Energy Pumps $1.5B Into Ohio Refineries: Report
Cenovus Energy Inc. to invest $1.5B in Ohio refineries & add 115 jobs. Partnership praised by local officials. Reserves at 5.9B BOE.