Investors are growing skeptical of a long awaited turnaround at luxury house Gucci after sales slipped again in the first quarter.
Source
Why investors are turning cold on Gucci’s long-awaited turnaround strategy
World
Stocks making the biggest moves premarket: USA Rare Earth, Allied Gold, CoreWeave, Enphase & more
Check out the companies making the biggest moves before the bell: USA Rare Earth — Shares rose more than 21% after the Trump administration took a stake in the rare earths miner. The company will issue 16.1 million shares of common stock and 17.6 million in warrants. Allied Gold — The gold miner climbed more […]
Read More
World
Elon Musk’s X probed by EU over sexually explicit images on Grok
The European Commission on Monday said it opened an investigation into Elon Musk’s X over the spreading of sexually explicit material by the AI chatbot Grok. The probe is being conducted under the European Union’s sweeping Digital Services Act (DSA) regulation. “The new investigation will assess whether the company properly assessed and mitigated risks associated […]
Read More
World
Northeast gets last brunt of winter storm that brought ice, snow, cold to much of the U.S.
The U.S. work week opened with yet more snow dumping on the Northeast under the tail end of a colossal winter storm that brought ice and power outages, impassable roads, canceled flights and frigid cold to much of the southern and eastern United States. Deep snow — over a foot (30 centimeters) extending in a […]
Read More