Month: May 2025
This start-up is lowering the chances of passing on life-threatening diseases to your children—but it will cost you
Biotech start-up Orchid is one of the few companies offering in-vitro fertilisation (IVF) patients the option to screen their embryos for severe genetic diseases before their pregnancy begins. “This technology is going to totally reshape how people have children,” Orchid’s CEO Noor Siddiqui told CNBC’s The Edge in an interview. “I think it’s going to […]
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American Eagle issues downbeat quarterly guidance as earnings miss expectations
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due to macroeconomic uncertainty. “The first quarter was a challenging period for our business,” CEO Jay Schottenstein said in a release. “While we are […]
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Musk’s SpaceX town in Texas warns residents they may lose right to ‘continue using’ their property
The neighborhood once known as Boca Chica Village is seen near the SpaceX facilities where they build rockets in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | AFP | Getty Images Starbase, Texas, has notified some residents that they might “lose the right to continue using” their property as they do today, according to […]
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Stocks making the biggest moves after hours: Gap, American Eagle Outfitters, UiPath, Dell Technologies & more
Check out the companies making headlines in extended trading. Gap — The apparel stock plummeted more than 16% as lackluster second-quarter revenue guidance overshadowed an earnings beat for Q1. Gap expects Q2 revenue to remain about flat year over year. Analysts expected a forecast calling for a slight gain. Costco — The wholesale retailer reported […]
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Gap shares plummet as retailer says tariffs could cost between $100 and $150 million
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | Reuters Gap said new tariffs could impact its business by $100 million to $150 million, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than 15% in after-hours trading. […]
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Dell shares climb after company raises full-year profit outlook on AI demand
A Dell Technologies sign is seen in Round Rock, Texas, on June 2, 2023. Brandon Bell | Getty Images Shares of Dell Technologies rose on Thursday in extended trading after the company raised its full-year earnings forecast and issued a stronger-than-expected forecast for the current quarter. However, Dell’s adjusted earnings per share came up short […]
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Trump tariffs reinstated by appeals court for now
A federal appeals court on Thursday granted the Trump administration’s request to temporarily pause a lower-court ruling that struck down most of President Donald Trump’s tariffs. The Trump administration had earlier told the U.S. Court of Appeals for the Federal Circuit that it would seek “emergency relief” from the Supreme Court as soon as Friday […]
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Trump administration emerges as a staunch defender of Germany’s far-right AfD
US Vice President JD Vance attends a meeting of the White House Task Force on the FIFA World Cup 2026, in the East Room of the White house in Washington, DC, on May 6, 2025. The soccer world championship will take place from June 11 to July 19, 2026, and will be hosted by the […]
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Synopsys pulls full-year guidance, citing new China export restrictions
Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company’s plans to have artificial intelligence take over parts of designing computer chips at the company’s annual user conference in Santa Clara, California, on March 19, 2025. Stephen Nellis | Reuters Synopsys pulled its guidance for the full fiscal year on Thursday, citing a […]
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Stocks making the biggest moves Thursday: Boeing, Nvidia, Salesforce, E.l.f. Beauty and more
Check out the companies making headlines in Thursday trading. Salesforce — The customer relations management software maker’s shares traded 5% lower on Thursday after the company posted its latest quarterly results. RBC Capital Markets downgraded the stock, citing execution risks if the company continues acquiring. Salesforce did beat fiscal first-quarter estimates and raised its full-year outlook, […]
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