The Brutalist Report

CNBC

• Despite a solid first quarter, Amazon must do more to rein in costs to grow in 2023 [1084d]
• The pandemic drove Clubhouse to a $4 billion valuation that never looked sustainable [1084d]
• Thursday's rally showed the power of stock picking, Jim Cramer says [1084d]
• Stocks making the biggest moves after hours: Amazon, Intel, Snap, Pinterest and more [1084d]
• Intel reports largest quarterly loss in company history [1084d]
• Snap plunges on first quarter revenue miss [1084d]
• Powell duped by Russian pranksters who claimed to be Ukraine's Volodymyr Zelenskyy [1084d]
• Here's why the stock market is having such a massive rally today [1084d]
• Paramount wants to get moviegoers back to theaters. Here's what it has on deck [1084d]
• Caterpillar and two other real-economy stocks report strong quarters. Here's where we stand on each [1084d]
• Grocery 'shrinkflation' is worse now 'than in any other period in memory,' says expert—3 ways to avoid it [1084d]
• Coinbase offers a fiery response to the SEC's threat of enforcement action [1084d]
• Meta shares are up 170% in five months despite virtually no revenue growth [1084d]
• Eli Lilly's higher guidance, Mounjaro data set the Club name up for a solid 2023 [1084d]
• Hasbro, Mattel shares rise as toymakers announce multi-year licensing agreement, increased IP focus [1084d]
• 3 smart ways to prepare for next year’s taxes now [1084d]
• Wholesale egg prices may soon drop to $1 for first time since 2021 [1084d]
• SEC's Gensler says 'the law is clear' for crypto exchanges and that they must comply with regulators [1084d]
• U.S. imposes sanctions on Russia and Iran for wrongful detention and hostage-taking of American citizens [1084d]
• Stocks making the biggest moves midday: Honeywell, Caterpillar, Meta, First Republic & more [1084d]
• Lawmakers reintroduce SAFE Banking Act, a bill the cannabis industry hails as a lifeline [1084d]
• Investing in Space: Relativity CEO bets on bigger rockets, A.I. capabilities [1084d]
• Lyft to cut 1,072 employees, or 26% of its workforce [1084d]
• Club meeting recap: Stocks rise on tech earnings, Meta, Pioneer [1084d]
• DOJ sues Tennessee for discriminating against transgender youth with new law [1084d]
• Dropbox to lay off 500 employees, or about 16% of its workforce [1084d]
• Southwest says Boeing's aircraft delays will force the airline to scale back hiring plans [1084d]
• Abortion pill mifepristone is banned or restricted in some states despite Supreme Court ruling [1084d]
• Investing Club mailbag: You called a stock a 'buy.' Why didn't you buy it? [1084d]
• ChatGPT meets Robinhood? New investing app features AI-powered portfolio mentor [1084d]
• West Virginia Gov. Jim Justice is running for Joe Manchin's pivotal Senate seat [1084d]
• The average price for a house in the Hamptons just hit a record $3 million [1084d]
• Americans are saving far less than normal in 2023. Here's why [1084d]
• Mobileye shares plunge after self-driving tech company cuts guidance amid Tesla's EV price war [1084d]
• International bodies push Sudan's two warring military factions to extend a fragile cease-fire [1084d]
• Gap to lay off 1,800 workers as part of broad push to cut costs [1084d]
• Eli Lilly says obesity drug tirzepatide resulted in weight loss of up to 34 pounds [1084d]
• Amazon set to report first-quarter earnings after the bell [1084d]
• Meta shares pop 14% on guidance, sales increase [1084d]
• Stocks making the biggest moves premarket: Meta, Teladoc, Harley-Davidson, Southwest Airlines and more [1084d]
• Musk met with Schumer and other lawmakers to discuss A.I. regulation [1084d]
• GM raised guidance, but its stock fell. Why Wall Street isn't buying in [1084d]
• GDP rose at a 1.1% pace in the first quarter, less than expected [1084d]
• Il Makiage parent Oddity buys biotech startup Revela to design new molecules for beauty products [1084d]
• Eli Lilly misses on earnings but raises full-year guidance [1084d]
• The UK blocked Microsoft's Activision deal. Here's what it means for U.S. regulators [1084d]
• OPEC says IEA should be 'very careful' with repeated calls to stop investing in oil [1084d]
• Comcast beats estimates despite slowing broadband growth, higher Peacock losses [1084d]
• Fanatics moves one step closer to IPO, hiring Meta's head of investor relations [1084d]
• American Airlines ekes out a first-quarter profit as carrier ramps up flying [1084d]
• Southwest posts wider-than-expected loss as toll of holiday crisis stretches into 2023 [1084d]
• Merck revenue falls after dramatic drop in sales of Covid antiviral treatment [1084d]
• Recession risk and inflation fears creating 'a huge amount of confusion' for investors, strategist says [1084d]
• Samsung's profit plunged 95% to its lowest level since 2009 as chip demand slumps [1084d]
• The EU outlined its plan to equalize drug access and lower prices. Pharma firms are not happy [1084d]
• Oil major BP braces itself for shareholder revolt after scaling back its climate targets [1084d]
• Barclays posts 27% rise in net profit for the first quarter, beats expectations [1084d]
• Singapore hikes property tax in latest round of cooling measures [1084d]
• Deutsche Bank logs 11th straight quarterly profit, reveals job cuts [1084d]
• Fintech giants Klarna and Block slam 'outdated' UK buy now, pay later regulation proposals [1084d]
• Kremlin critics and Putin's political enemies face an 'extremely dangerous' situation in Russia right now [1084d]
• A U.S. tech downturn offers India 'a bigger opportunity,' says Infosys founder [1084d]
• Tucker Carlson breaks his silence without addressing why Fox News fired him [1085d]