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Best Buy reported fiscal first quarter earnings that missed revenue estimates but beat on EPS and reaffirmed full-year guidance. Comparable sales and online sales fell over 6% overall as demand for consumer electronics remained soft. Profits were supported by cost-cutting measures like layoffs and trimmed capital expenditures. The company expects sales trends to improve over the next 3 quarters gradually but macro headwinds from inflation remain a challenge. Shares jumped 10% on the results.

Best Buy's Q1 Earnings Disappoint on Revenue Miss Amid Soft Demand for Consumer Electronics

⏲ 0:32 👁 260K

Elon Musk's AI startup xAI has raised $6 billion in a Series B funding round valuing the company at $24 billion. Major investors in the round include Fidelity, Sequoia Capital, Andreessen Horowitz, Prince Alwaleed Bin Talal, and Kingdom Holding. The company's first major product is an AI assistant called Grok that is available to premium users of Elon Musk's social media platform X. Grok competes with AI models like GPT-4, Claude, and Llama and aims to provide an advanced language model. xAI is central to Elon Musk's turnaround plans for X after facing challenges since acquiring Twitter.

Elon Musk's xAI Secures $6 Billion in Funding From Major Investors Fidelity, Sequoia Capital, and Andreessen Horowitz

⏲ 0:41 👁 240K

A lawsuit filed against insurance giant IAG claims the company used dubious practices to target loyal customers. Lawyers allege a computer program was used to single out customers with higher premiums over six years because they were considered unlikely to switch insurers.

Lawsuit claims IAG overcharged loyal customers

⏲ 1:34 👁 85K

Over the past 10 years Actress gone Entrepreneur Jessica Alba has broken barriers and paved the way with her company \

Jessica Alba | Power Trip | Marie Claire

⏲ 12:0 👁 550K

Cathie Wood's ARK Invest has taken a stake in Elon Musk's artificial intelligence startup xAI as she deepens her big bet on artificial intelligence. ARK Venture Fund has invested in xAI as of May 2024. The fund also invests in other AI companies like OpenAI, Figure AI, and Shield AI. Cathie Wood is a well-known AI bull and considers Tesla the \

Here's How to Invest in Elon Musk’s xAI Through Cathie Wood’s ARK Venture Fund

⏲ 0:45 👁 8.9M

Black Keys , Cancel Arena Tour.<br/>The Black Keys' arena tour that was set to begin in September has been canceled, 'Pitchfork' reports.<br/>While rumors of low ticket sales circulated online, .<br/>the band insists the tour was canceled so that <br/>they could play in more intimate venues <br/>and connect with fans.<br/>Following the recent run of shows <br/>in the UK & Europe, including stops <br/>at iconic venues like Brixton <br/>Academy and the Zenith in Paris, , The Black Keys, via Instagram.<br/>... we have decided to make some <br/>changes to the North American leg <br/>of the International Players Tour... , The Black Keys, via Instagram.<br/>... that will enable us to offer <br/>a similarly exciting, intimate <br/>experience for both fans and <br/>the band, and will be announcing <br/>a revised set of dates shortly, The Black Keys, via Instagram.<br/>The band went on to say <br/>that tickets will be refunded, .<br/>and when new dates are announced, <br/>those people will be able to purchase tickets first.<br/>Thank you for your understanding <br/>and apologies for the surprise change… , The Black Keys, via Instagram.<br/>We’re pretty sure everyone is <br/>going to be excited when you see <br/>what we have in mind though, and <br/>look forward to seeing everyone soon, The Black Keys, via Instagram.<br/>The Black Keys will still play at the <br/>NASCAR Chicago Street Race on July 6.<br/>The Black Keys will still play at the <br/>NASCAR Chicago Street Race on July 6

Black Keys Cancel Arena Tour

⏲ 1:30 👁 1.4M

In this edition of our weekly talk show, host Stefan Grobe and his guests talk about the future of the Green Deal after the elections, the situation of the electric cars market in Europe and why organic food sales have reached a ceiling.

Brussels, my love? The future of the Green Deal after the elections

⏲ 32:37 👁 1.2M

The U.S. Department of Justice and 30 state and district attorneys general have filed a federal antitrust lawsuit against Live Nation Entertainment and its subsidiary Ticketmaster. The suit alleges that Live Nation has created a monopoly on live event ticket prices in the United States by engaging in anticompetitive practices, such as retaliating against competitors, locking out rivals with exclusive contracts, restricting musicians' access to venues, and acquiring smaller companies perceived as threats. The DOJ is seeking \

DOJ and State Attorneys General Take on Live Nation: Federal Lawsuit Alleges Ticket Pricing Monopoly

⏲ 0:40 👁 3.3M

Citizens protests against prolonged electricity load shedding

Citizens protests against prolonged electricity load shedding

⏲ 1:4 👁 45K

Elon Musk is encouraging Tesla shareholders to vote on their shares with the offer of a chance to win a personally guided tour of the company's Texas plant. Tesla is offering shareholders the chance to win a tour of the Tesla Gigafactory in Austin, Texas, and the manufacturing lines for Cybertruck and Model Y that would be guided by Musk and Tesla Chief Designer Franz von Holzhausen. Proxy firms have urged voting down the package due to its \

Elon Musk Entices Tesla Shareholders with Chance to Win Personalized Tour of Texas Gigafactory

⏲ 0:39 👁 490K

Shania Twain has insisted she \

⏲ 1:24 👁 100K

Lucrative Premium Apartment is launched in Hyderabad at Brigade Neopolis

⏲ 0:10 👁 35K

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