MARKET

Rent the Runway sees ‘milestone’ 2024 and breakeven cash flow, as stock soars

[ad_1] Rent the Runway Inc. on Wednesday said it expected breakeven free cash flow this year, following cost cuts and signs of a revival in

MARKET

Nvidia doesn’t have a monopoly in AI — though it sure seems that way

[ad_1] Pricing power and lack of competition are driving Nvidia’s growth, but rivals are gaining traction. [ad_2] Source link

MARKET

Regeneron accused of ‘fraudulent’ drug-pricing reporting for eye drug Eylea

[ad_1] The Department of Justice on Wednesday accused drug maker Regeneron Pharmaceuticals Inc. of fraudulent practices related the pricing of its blockbuster vision-impairment drug Eylea,

MARKET

Costco boosts its dividend by 14% while touting sharp rise in e-commerce sales

[ad_1] Costco saw a 9.4% sales boost the five weeks through April 7, driven by a surge in e-commerce activity. . [ad_2] Source link

MARKET

Arizona abortion ruling could hurt Trump, even as latest inflation report weighs on Biden

[ad_1] A hotter-than-expected reading on inflation and a swing state’s moves on abortion appeared to be having an impact on the 2024 White House race

MARKET

U.S. budget deficit tops $1 trillion halfway through fiscal year

[ad_1] The U.S. budget deficit has topped $1 trillion halfway through the current fiscal year, driven in part by rising interest payments on the national

MARKET

‘Much improved’ investment-banking revenue awaits big Wall Street banks: Moodys

[ad_1] High-yield debt and equity follow-on deals expected to help investment banking revenue. [ad_2] Source link

MARKET

Delta’s stock leaps, as accelerating business-travel demand fuels record revenue

[ad_1] Delta Air Lines’ stock flew toward a three-year high Wednesday, after the air carrier reported a first-quarter profit beat — and record revenue —

MARKET

This stock lost 99% of its value, and the company still hasn’t said why

[ad_1] One Hong Kong-listed company lost 99% of its value and still hasn’t said why. [ad_2] Source link