Mandel Ngan | Afp | Getty ImagesCostco on Thursday missed Wall Street’s revenue expectations for its holiday quarter, despite reporting year-over-year sales growth and strong e-commerce gains.Shares of the retailer fell about 4% in aftermarket trading. The retailer’s stock had hit a 52-week high earlier in the day.Here’s what the retailer reported for its fiscal second quarter of 2024 compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $3.92 vs. $3.62 expectedRevenue: $58.44 billion vs. $59.16 billion expectedIn the three-month period that ended Feb. 18, Costco’s net income…
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Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024.Mike Blake | ReutersRivian Automotive surprised consumers and investors Thursday by unveiling two additional all-electric vehicles during the debut of its upcoming R2 SUV, which is expected to start at about $45,000 when it goes on sale during the first half of 2026.In addition to the R2, the EV startup revealed two crossovers called the R3 and R3X, a performance variant of the vehicle. Rivian CEO RJ Scaringe disclosed few details about the surprise crossovers, but the announcements propelled…
New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1 billion-plus capital injection from investors led by former Treasury Secretary Steven Mnuchin’s Liberty Strategic Capital.The bank had $77.2 billion in deposits as of March 5, NYCB said in an investor presentation tied to the capital raise. That was down from $83 billion it had as of Feb. 5, the day before Moody’s Investors Service cut the bank’s credit ratings to junk.NYCB also said it’s slashing its quarterly dividend for the second time this year, to 1 cent per share from…
Yaya Bey has shared a new song, “Sir Princess Bad Bitch.†Below, check out the video, which Bey conceived and Chassidy David directed; Jason James choreographed the dance sequences, which take place in a smoky jazz bar.“Sir Princess Bad Bitch†appears on Ten Fold, Bey’s new album for Big Dada. The follow-up to 2022’s Remember Your North Star and its companion EP, Exodus the North Star, is out May 10, and features the single “Chasing the Bus.†She will play a string of shows at this year’s South by Southwest.Read Clover Hope’s Rising feature “R&B Upstart Yaya Bey Wants More…
Representatives of the UK’s live music industry have slammed the recent government budget as a “missed opportunityâ€. Yesterday, UK Chancellor Of The Exchequer Jeremy Hunt unveiled the latest government budget. Although it was revealed that there would be an extension of the orchestra tax relief, the budget did not deliver on a key demand – a cut in the VAT charged on tickets. In response, several representatives from various live music organisations have responded negatively to the proposed budget. Jon Collins, the CEO of Live (Live music Industry Venues & Entertainment), issued a statement expressing frustration on the lack of…
We’ve kicked off 2024 with a slew of new processors from Intel, NVIDIA and AMD, which means there should be plenty of refreshed laptops on the horizon. This year, the term you’ll probably hear the most is AI PCs, that is, computers with neural processors designed to speed up AI tasks. While it’s not necessary for you to buy a laptop just for the sake of AI this year, it’s a good thing to keep an eye on for future-proofing as more companies bring the likes of Microsoft’s Copilot or ChatGPT to their systems. Some notebooks even have dedicated Copilot…
CMF Neckband Pro and CMF Buds have been launched in India and global markets as the latest audio products by the Nothing sub-brand on Tuesday, March 5. The two wearable devices were unveiled in a hybrid event in New Delhi led by Co-Founder and CEO Carl Pei. The Neckband Pro features a 50dB hybrid Active Noise Cancellation (ANC) whereas the CMF Buds gets a 42dB ANC support. Alongside the two wearables by the sub-brand, Nothing Phone 2a, the third smartphone from the brand, was also launched during the event.CMF Neckband Pro, CMF Buds price in India, availabilityThe CMF Neckband Pro…
HBO’s series about the young and pretty people who execute complex financial trades during the day and get into even more complex adventures after hours has thrilled audiences since its debut in 2020. Industry, created by Mickey Down and Konrad Kay, follows the action at Pierpoint & Co., an investment bank based in London. The show features a large cast led by Yasmin (Marisa Abela) and Harper (Myha’la Herrold), with Ken Leong as Eric, their boss. The show, produced by Bad Wolf Productions and which HBO and the BBC share, draws its tensions from dramatic moments of…
A JAS 39 Gripen C/D fighter aircraft takes off from Lulea-Kallax Airport, Sweden on March 4, 2024 during the NATO Nordic Response 24 military exercise, a Norwegian national exercise carried out in northern Sweden, Norway and Finland with associated airspace and waters.Anders Wiklund | AFP | Getty ImagesSweden officially joined NATO as its 32nd member on Thursday, almost two years after first applying to the military alliance.Earlier on Thursday, the Swedish government said in a statement it was holding an extraordinary meeting to vote on joining NATO after all current members had approved its accession to the military alliance.The news…
WASHINGTON — Kurs Orbital, an Italian startup developing technology for in-space satellite servicing, announced March 7 it has secured $4 million in seed funding. Based in Turin, Italy, Kurs was co-founded in 2021 by former director of Ukraine’s space agency Volodymyr Usov. The company relocated to Italy in 2022 after Russia invaded Ukraine and set up operations at the European Space Agency’s Business Incubation Center. The funding round was led by the European firm OTB Ventures. Other participants include Credo Ventures, Galaxia, In-Q-Tel and Inovo. Usov, who is Kurs’ chief executive, said the seed funds will help to accelerate the…
Vortices on Jupiter, captured by NASA’s Juno mission in 2022NASA/JPL-Caltech/SwRI/MSSS/Brian Swift Stunning patterns in Jupiter’s atmosphere have been replicated more accurately than ever before in the lab – using a rotating tub filled with water. Michael Le Bars at Aix-Marseille University in France and his colleagues wanted to know how the swirls and whorls on Jupiter’s surface connect to what is happening deep inside the planet. Instead of exactly replicating the planet’s hydrogen and helium atmosphere, they turned to experiments with water. They built a cylindrical tank 1 metre across,… Read the original article here
Tackling climate change while improving human wellbeing – Physics World Skip to main content Close search menu Discover more from Physics World Copyright © 2024 by IOP Publishing Ltd and individual contributors Read the original article here
“The News This Week†by Julia McKenzie Munemo “Did you hear about Ralph Yarl?†I ask George, my 17-year-old Black son on Tuesday night, five days after a white man in Missouri shot the 16-year-old Black child in the head and chest for knocking on his door; three days after a man in another state shot at a car that’d pulled into his driveway to turn around—20 year olds lost on their way to a party, and no cell service in those woods—killing the woman in the passenger seat; two days after a white student on my husband’s campus called…
Finding the best Curve cologne can be troublesome if you’re unsure when you want to wear it and which fragrance notes appeal to your preferences. Since the mid-1990s, Curve has offered quality, bold fragrance options for men of all ages. Many of their colognes cost under $50 and don’t sacrifice quality for affordability. But, some people might need help figuring out what is the best Curve cologne that matches their needs. I know how it feels to struggle to find quality fragrances. The best Curve cologne for men should make you feel good and grab people’s attention. I’ve created a…
While baggy and wide-leg jeans have been the cool new kid on the block for the past few seasons (and unquestionably racking up a ton of miles on my denim odometer), when I saw relaxed ’90s straight-leg silhouettes pop up on the spring/summer 2024 runways, it felt like a stamp of approval to lean into the style again. Don’t get me wrong, I’m not giving up on my wide-leg jeans any time soon—they are the defining denim trend of the past year after all, but straight-leg jeans have always been the silhouette I’ve gravitated to the most. They are versatile,…
Maid star Margaret Qualley is gearing up to play Amanda Knox for a new Hulu limited series about the controversial figure. The untitled project from 20th Television and The Littlefield Company is created by KJ Steinberg whose past projects include This Is Us and Gossip Girl. Steinberg will serve as showrunner with Knox executive producing alongside Monica Lewinsky, according to The Hollywood Reporter. Described as an eight-episode series, the show will be based on Knox’s version of events surrounding the savage killing of her roommate Meredith Kercher 16 years ago. Monica Lewinsky (Credit: Gareth Cattermole/Getty Images) As true-crime enthusiasts will…
“Beyond the Broken: ‘The House We Lived In’ – An Eye-Opening Odyssey into Brain Injury Awareness by Pixela Films & Gravitas Ventures” Pixela Films announces the release for their new documentary film, “The House We Lived In.â€Â With a soundtrack by American indie folk band Bon Iver, the film took 12 years to make and is a personal project for Pixela Co-Founder Tim O’Donnell, as its main subject is his dad. Initiated in the confines of an ICU with nothing but an iPhone, the documentary traces the journey of Tim’s father, Tod, from a life-threatening, eight-day coma to a miraculous recovery. Amidst this…
Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on Nov. 14, 2023.Sia Kambou | Afp | Getty ImagesAnalysts believe the cost of the core chocolate ingredient may have room to extend its record-breaking run, with no sign of significant demand destruction yet on the horizon.Concerns over the supply of cocoa in West Africa, home to around three quarters of the world’s production, have driven the market higher in recent months.In New York, benchmark ICE cocoa futures stood at $6,549 per metric ton on Wednesday. The contract, which surpassed $6,000…