Target stock falls 21% as big discounting effort falls short
Target reported earnings Wednesday that came in far below Wall Street’s expectations, something the big-box retailer attributed to slower than expected demand. The company announced profits that fell short of forecasts by 20%,
Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
The Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company’s lineup. The Treasure, which
Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
The Disney fleet is expanding. Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company’s lineup. The Treasure, which
Comcast announces plan to spin off cable channels, including MSNBC, CNBC and USA
Comcast announced a plan Wednesday to spin off most of its cable television networks into a separate publicly traded company. The new company will include the USA Network, CNBC, MSNBC, Oxygen, E!, SYFY
Mike Tyson, Jake Paul fight was the most streamed sporting event ever, Netflix says
Friday’s anticipated boxing match between former heavyweight champion Mike Tyson and YouTuber-turned-boxer Jake Paul will be remembered for more than its unique card. The bout shown on Netflix was the most streamed global sporting event
Jaguar reveals glossy rebrand that features no cars and confuses the internet
It’s certainly eye-catching: A group of multiracial, gender-bending models emerge from an elevator in cutting-edge makeup and bright-colored clothing to a techno-industrial beat into an austere, prismatic landscape. But one thing is
Comcast to announce the spinoff of cable networks, including MSNBC, CNBC and USA, sources say
Comcast is expected to announce a plan Wednesday to spin off its cable networks into a separate company, two people familiar with the matter told NBC News. The split would cleave off some
Apple Shares: $100M Investment Proposal
Apple (NASDAQ) has proposed a $100 million investment in Indonesia to establish a manufacturing plant for accessories and components, according to the country’s industry ministry. The move follows a ban on sales of Apple’s iPhone 16 due to the company’s
Nvidia hit a $4 trillion market valuation
Nvidia as poised to become the first $4 trillion company, driven by its AI dominance. As the AI chipmaker prepares to report fiscal Q3 earnings, expectations are high for another standout performance. Analysts anticipate a $2 billion revenue beat and
Walmart hikes its outlook again as shoppers spend more outside the grocery aisles
Walmart raised its forecast on Tuesday, as its customers bought more discretionary merchandise, ordered more deliveries to their homes and started their holiday shopping. The discounter now expects net sales will grow between 4.8%