Weybridge Asset Recovery

News & Headlines

News & Headlines

Nvidia’s Jensen Huang fears losing the Chinese market. One analyst says that’s short-term thinking.

While Nvidia could get shut out of China, it has a big opportunity to grow in other international markets over time.

The U.S. economy might be able to handle any disruption from Trump’s tariffs more easily than Wall Street expects

Joseph Adinolfi

Lately, Wall Street economic commentary has been replete with ominous warnings. President Donald Trump’s tariffs are bound to cause an economic downturn, or perhaps even a recession.

DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares rally

Sports-betting platform DraftKings Inc. reported a narrower-than-expected loss for the first quarter, but said that “customer-friendly sport outcomes in March” — that is, people winning bets — kept it from raising its full-year sales outlook.

SoundHound AI had a record first quarter — but Wall Street wanted more

The AI company says it’s seeing “real returns” from end customers, but its stock is still falling.

Coinbase expects lower subscription revenue, and a lot more went wrong for the crypto exchange

Coinbase pins crypto drop on tariffs and economic uncertainty.

Trump’s plan to increase tax on rich could hit most U.S. businesses

President Donald Trump could upend decades of Republican tax orthodoxy with new proposals to raise taxes on wealthy Americans and Wall Street and Silicon Valley investors.

Pope Leo XIV’s election: Pope Francis, like Warren Buffett, mastered the art of succession

Quentin Fottrell

Politicians, corporate leaders and owners of family businesses should take a leaf out of the late pope’s playbook

Expect Mother’s Day brunch to be more expensive this year as egg, coffee and bacon prices rise

The cost of dining at restaurants has gone up by 3.8% in the past year, but one industry expert says the increase could be as much as 15% at some establishments.

AMC got a difficult quarter out of the way. Now cash is the focus.

Movie-theater chain and original meme stock AMC Entertainment Holdings Inc. successfully handled the weakest first-quarter box office since 1996 when it reported results this week, but must now make cash its focus, says Wedbush.

Lyft stock rises on bigger buyback, strong outlook for demand

Ride-hailing app Lyft Inc. on Thursday offered up a second-quarter forecast for a key demand metric that came in slightly above Wall Street’s expectations, and its board approved an increase to its stock buyback plans based on what it characterized as strong demand.

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