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Nov 21 2024BUSINESS

Nvidia’s Big Earnings Day: What to Watch for

Nvidia is set to reveal its fiscal 2025 third-quarter results after the market closes on Wednesday. Wall Street is eagerly anticipating a significant profit jump to 75 cents per share, with revenue projected to hit $33. 16 billion—both figures marking over 80% growth compared to last year. Given Nvi

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Nov 21 2024BUSINESS

Walmart and Target: A Tale of Two Retail Giants

Walmart and Target, two of America's biggest retailers, recently reported their earnings, and the results couldn't be more different. Target's stock hit a low not seen in a year after missing its earnings forecast by a large margin. The company blamed higher costs due to a port strike last October a

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Nov 21 2024BUSINESS

Marriott CEO: Business is Strong, Layoffs Are a Shift

Marriott International's CEO, Anthony Capuano, recently shared some good news. Despite laying off over 800 corporate workers, he believes the company's business is solid. The hotel chain's growth is looking up, with a 3% increase in worldwide revenue per available room (RevPar) in the third quarter.

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Nov 21 2024BUSINESS

Tackling Consumer Overconfidence: A Smart Way to Price Services

Imagine you’re a service provider, and your customers are a bit too confident about how much they'll use your services. This overconfidence can mess with your pricing strategy. Traditional pricing models assume customers are rational, but we all know that’s not always the case! Overconfident custome

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Nov 21 2024BUSINESS

Comcast Redirects Focus: NBCUniversal Cable Networks to Go Independent

Comcast is planning a big change. They're splitting off many of NBCUniversal's cable TV networks, like USA Network, CNBC, and MSNBC, into their own separate company. This move isn't surprising, as more people are switching from traditional cable to streaming services. Mark Lazarus, the current head

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Nov 20 2024BUSINESS

Target's Holiday Shopping Warning: What's Going On?

Target's holiday shopping forecast is a bit of a bummer. They think sales will stay the same, and profits might go down. This isn't great news for Target, which saw sales go up by just 0. 3% last quarter. Their shares dropped by as much as 20% in early trading on Wednesday. Target is like a canary

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Nov 20 2024BUSINESS

Hasbro's New CEO Refocuses on Interactive Play

Chris Cocks, a gamer at heart, took over as CEO of Hasbro in 2022. He’s no stranger to planning strategies for victory. But when he took control of Magic: The Gathering's blue decks, he knew it would require patience and planning. Similarly, he’s navigating Hasbro through a challenging time. Toy sal

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Nov 20 2024BUSINESS

How a Young Designer Turned Unsold Bags into a Million-Dollar Business

Jenny Lei, a former UX designer, found herself with a problem. She had invested $30, 000 in handbags and couldn't sell them. Instead of giving up, she decided to design her own work totes. Her first prototype was a disaster, but she didn't let that stop her. She traveled to China and found a factory

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Nov 20 2024BUSINESS

Comcast Spins Off Cable Channels: A New Chapter in Streaming Era

In the ever-evolving world of media, Comcast has decided to spin off its NBCUniversal cable channels, including MSNBC and CNBC. This move comes as a response to the rise of streaming services, which have significantly reduced the popularity of traditional cable TV. The company aims to create a new,

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Nov 20 2024BUSINESS

Comcast Sets to Divide Its Cable Networks

Comcast is preparing to separate its cable network channels, insiders informed CNBC on Tuesday. This move is expected to take around a year, with an official announcement potentially arriving as soon as Wednesday. Mark Lazarus, who currently heads NBCUniversal's media group, will lead this new entit

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