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The shoe retailer ended the first quarter debt-free with inventory down $11.2 million, beating Wall Street's revenue expectations under interim CEO Cliff Sifford.
Global stockpiles built before the Iran war are eroding, and a summer travel demand surge could push markets into crisis by August, the IEA's executive director said.
The investment targets advanced chip packaging technology and rack-scale AI server production, with AMD's Helios platform set for production in the second half of 2026.
Jensen Huang said U.S. export restrictions have effectively shut Nvidia out of a market that once made up at least one-fifth of its data center revenue.
AvalonBay Communities and Equity Residential are reportedly close to a tie-up that would create one of the largest residential real estate investment trusts in the United States.
The cosmetics company cited higher gas prices hitting Gen Z spending as a factor behind the planned price reductions.
Nvidia posted adjusted earnings of $1.87 per share and revenue of $81.62 billion in its latest quarterly report, topping Wall Street expectations.
The offering, targeting a Nasdaq listing under ticker SPCX, would more than triple the size of the largest U.S. IPO ever recorded.
A Bank of America analyst says Nvidia has returned only 47% of its free cash flow through dividends and buybacks, compared with roughly 80% for comparable companies.
The retailer also raised its annual revenue guidance by 2 percentage points, now projecting roughly 4% growth for the full year.
Xi warned Trump that U.S. interference in Taiwan could trigger direct clashes between the two countries, while analysts say a $14 billion arms package was at the center of the discussions.
The yield on the U.S. 30-year Treasury bond reached its highest level since 2007 as the conflict keeps the Strait of Hormuz largely closed.
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