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Tuesday 14-May-24
The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.
Wholesale prices rose 0.5% in April, more than expected
Shares of GameStop and AMC jumped on Tuesday, on track to extend gains as a pandemic-era meme stock frenzy returned.
GameStop shares surge 110% in premarket as meme stock craze returns
On Monday, movie theater operator AMC sold 72.5 million shares in an at-the-market equity offering.
AMC raises $250 million in stock sale during meme rally, shares still up 100% in premarket
Alibaba posted a beat on revenue in its fiscal fourth quater ended March, but the Chinese e-commerce giant's net profit plunged.
Alibaba shares fall 5% in premarket trading after posting 86% profit drop
Michael Cohen told jurors key details about the awareness and involvement of Donald Trump in hush money payments to a porn star and Playboy model.
Michael Cohen resumes Trump trial testimony with House Speaker Johnson watching
Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.
Home Depot misses on revenue, as high interest rates hurt sales
The announcement comes amid increasing geopolitical tensions surrounding China-made electric vehicles in the U.S., Europe and other countries.
Stellantis to rapidly grow exports of Chinese EVs to Europe, other countries
Tesla's Superchargers dominate EV charging in North America. But CEO Elon Musk just laid off the entire Supercharging team and now its future is uncertain.
What to expect for Tesla's Supercharger network now that the team is dismantled
OpenAI repeats as the No. 1 company on the 2024 CNBC Disruptor 50 list as AI redefines the way VCs, startups and market giants invest, interact and compete.
Why OpenAI is the first company to be No. 1 on the CNBC Disruptor 50 list two years in a row
Anglo American shares fell over 3% early Tuesday after it announced plans to spin off its highly prized De Beers diamond business.
Diamond giant De Beers faces spin-off amid wider restructuring as Anglo American takeover pressure mounts
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