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Nvidia CEO says robotics is chipmaker’s biggest opportunity after AI

Jensen Huang, CEO of Nvidia, is seen on stage next to a small robot during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Gonzalo Fuentes | Reuters Nvidia CEO Jensen Huang said that, other than artificial intelligence, robotics represents the chipmaker’s biggest […]

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FedEx beats earnings estimates, forecasts billion cost savings in the next fiscal year

FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year

Business News

FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year. The company achieved its “structural cost reduction target, in the face of ongoing headwinds,” CEO Raj Subramaniam said in a media release.

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CDC vaccine panel holds first meeting since RFK Jr. put immunization critics in place

Business News

A general view of the Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia. Tami Chappell | Reuters A crucial government panel of vaccine advisors will hold its first meeting Wednesday since Health and Human Services Secretary Robert F. Kennedy Jr. appointed several vaccine critics to the group. Earlier this month, Kennedy in

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Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

Business News

Coco Gauff of the United States lifts the winners trophy after her victory against Aryna Sabalenka in the Final of the Women’s singles competition on Court Philippe-Chatrier during the 2025 French Open Tennis Tournament at Roland Garros on June 7, 2025, in Paris, France. Sipa via AP Images The Tennis Channel is extending its deal

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Carnival shares pop on earnings beat and raised full-year outlook

Business News

Carnival shares climbed roughly 7% on Tuesday after the cruise line posted stronger-than-expected second-quarter results and raised its full-year guidance. According to the company’s earnings report, the cruise operator posted adjusted earnings of 35 cents per share while beating analyst estimates of 24 cents, according to LSEG. Adjusted revenue came in at at record $6.3

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Back-to-school spending persists despite economic pressure, consumer survey says

Business News

A variety of school supplies, including lunch boxes and backpacks in different colors and patterns, are on display for the upcoming school year. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey.

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Nvidia CEO Huang sells million worth of stock, first sale of 3 million plan

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

Finance News

Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Sarah Meyssonnier | Reuters Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with

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McDonald’s and Krispy Kreme will end doughnut partnership next month

Business News

Glazed Krispy Kreme doughnuts. Joe Raedle | Getty Images News | Getty Images Krispy Kreme and McDonald’s are ending their partnership for good. The chain will stop selling its doughnuts at McDonald’s restaurants on July 2, the companies said in a press release Tuesday. McDonald’s USA’s Chief Marketing and Customer Experience Officer Alyssa Buetikofer said

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Super Micro shares fall on planned billion convertible debt offering

Super Micro shares fall on planned $2 billion convertible debt offering

Technology News

The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares fell about 6% on Monday after the server maker said it plans to offer $2 billion in convertible notes, maturing in 2030. A company’s stock often falls on the announcement

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Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base

Business News

Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24. Courtesy: Flightradar24 Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, exacerbating the region’s military conflict. At least six commercial aircraft turned around near

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Nvidia CEO says robotics is chipmaker’s biggest opportunity after AI

FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year

CDC vaccine panel holds first meeting since RFK Jr. put immunization critics in place

Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

Carnival shares pop on earnings beat and raised full-year outlook

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

McDonald’s and Krispy Kreme will end doughnut partnership next month

Super Micro shares fall on planned $2 billion convertible debt offering

Airlines divert, cancel more Middle East flights after Iran attacks U.S. military base

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