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Aston Martin Vehicles Become The First To Adopt Apple’s New CarPlay Ultra
May 15, 2025
Apple launches Carplay Ultra, Aston Martin, Technology, Software, Automobiles, iPhone, vehicle software
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Earnings
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T-Mobile And Palo Alto Networks Launch Joint 5G Secure Connectivity Platform: Retail’s Unmoved
May 15, 2025
T-Mobile and Palo Alto Networks launch a joint 5G security solution for enterprises and government, combining Zero Trust architecture with embedded network safeguards to protect data.
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Data Breach
Tesla Sold Off-Lease Vehicles To New Buyers After Promising To Use Them In Robotaxi Fleet, Says Report
May 15, 2025
Tesla added features to the off-lease cars through software upgrades and sold them to new customers who paid more than lease-end buyers would have, Reuters reported.
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Amneal Gets FDA Nod For Self-Administrable Migraine Injection
May 15, 2025
The company said the injection is the first and only dihydroergotamine (DHE) autoinjector for treating migraine and cluster headaches.
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Data Breach
Walmart Holds Back Q2 Profit Guidance Despite Upbeat Q1 Earnings
May 15, 2025
The company’s CFO expressed optimism about meeting its full-year guidance, which includes adjusted earnings per share of $2.50 to $2.60 and a YoY net sales increase of 3% to 4% at constant currency.
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Earnings
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JPMorgan Downgrades Krispy Kreme On Sales Pressure From Paused McDonald's Partnership — But Retail Stays Optimistic
May 15, 2025
Last week, Krispy Kreme withdrew its annual forecast, citing macroeconomic uncertainty.
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CoreWeave Retail Traders Eye Buying The Dip As Stock Slips Despite Q1 Revenue Beat, Positive Guidance
May 15, 2025
The company's Q1 revenue was $981.63 million, up 420% year over year and exceeding the consensus estimate of $859.77 million.
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Missed Out On Nvidia's Rally? Top Volatility Index Developer Picks ‘Second-Best’ AI Play Trading At An Alluring Discount
May 15, 2025
CEO Lisa Su said the new stock buyback authorization underlined the board's confidence in the company's strategic direction, growth prospects, and ability to consistently generate strong free cash...
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Tech Layoffs Continue: Amazon Trims 100 Roles In Devices Unit Following Microsoft's Workforce Cuts
May 15, 2025
The unit oversees the development of Kindle, Echo speakers, Alexa voice assistant, and Zoox autonomous vehicles, among other products and services.
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Starbucks Brews Up Retail Buzz After Report Of Coffee Chain Exploring Options For China Business
May 15, 2025
According to Bloomberg News, the coffee chain has contacted potential investors and partners.
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World Trade
Foot Locker Sparks Retail Optimism As Stock Soars On Report Of $2.3B Buyout By Dick's Sporting Goods
May 14, 2025
Retailers, including shoe companies, have faced pressure after President Donald Trump announced sweeping tariffs last month.
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Cisco Stock Rises After The Bell On Q3 Beat, FY25 Guidance Hike: Retail Mood Buoyant
May 14, 2025
CEO Chuck Robbins noted momentum with AI, fueled by "the power of our secure networking portfolio, our trusted global partnerships, and the value we bring to our customers."
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AbbVie Gets FDA Nod For Drug To Treat Lung Cancer: Retail’s Yet To React
May 14, 2025
The company also announced a collaboration and license option agreement with ADARx Pharmaceuticals to develop small interfering RNA (siRNA) therapeutics across multiple disease areas, including...
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UnitedHealth Approves Pay Package For New CEO, Including $60M Equity Award: Retail Optimism Fades
May 14, 2025
The one-time $60 million equity award in nonqualified stock options will vest after three years, and no additional annual equity awards will be granted during the first three years of Steve Hemsley’s...
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Boeing Wins Single-Biggest Order Worth $200B From Qatar Airways
May 14, 2025
The deal was signed during U.S. President Donald Trump’s Doha visit.
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Government
Tesla To Start Shipping Cybercab, Semi Components From China Later This Month, Says Report: Retail Optimism Rises
May 14, 2025
The move comes after the U.S. and China agreed on Monday to pause most tariffs for the next 90 days while further trade talks occur.
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Super Micro’s New Cooling Tech Targets 40% Power, Water Savings: Retail Turns Extremely Bullish
May 14, 2025
The company’s enhanced version of Direct Liquid Cooling (DLC-2) technology is expected to slash electricity use by 40% and the cost of ownership by up to 20%.
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AMD Announces New $6B Stock Repurchase Program, Total Repurchase Authority Expanded To $10B
May 14, 2025
The chipmaker clarified that the share repurchase program has no termination date and may be suspended or discontinued at any time.
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Ford Recalls Nearly 274,000 SUVs In US: Retail Gets More Bearish
May 14, 2025
The recall covers model years 2022 to 2024 of the Lincoln Navigator and Ford Expedition vehicles.
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Artificial Intelligence
Product Recall
Nucor Temporarily Halts Certain Production Operations After Cybersecurity Incident, Notifies Federal Law Enforcement
May 14, 2025
The company said it is actively investigating the incident with the assistance of external cybersecurity experts and is in the process of restarting the affected operations.
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Regulatory Compliance
Waymo Recalls Over 1,200 Robotaxis Over Software Issue: Retail Sentiment Dips On Parent Alphabet
May 14, 2025
Waymo stated that it has updated the ADS software, and all affected vehicles were repaired by Dec. 26.
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Product Recall
Cisco Retail Investors Bullish Ahead Of Q3 Print As Recent AI Deals Buoy Sentiment
May 14, 2025
The guidance issued in mid-February calls for adjusted EPS between $0.90 and $0.92 and revenue between $13.9 billion and $14.1 billion.
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Super Micro Stock Poised To Build On Gains Amid Ongoing AI Momentum: Retail’s Uber-Bullish
May 14, 2025
Raymond James opined that Super Micro has positioned itself in a sweet spot between the branded IT suppliers, such as Dell and HP Enterprises, and contract manufacturers, such as Quanta.
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Economy
Supply Chain
Under Armour Plans Price Hikes To Counter Tariffs After Q4 Sales Top Estimates: Retail’s Unmoved
May 14, 2025
U.S. trade tariffs, which would increase manufacturing prices in Southeast Asian nations, on which Under Armour relies, add pressure to the already sluggish business.
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World Trade
Microsoft Layoffs Show ‘Commitment' To Profitable Growth Amid Surging AI Costs, Says Barclays: Retail In Wait-And-Watch Mode
May 14, 2025
A Barclays analyst views the job cuts to be "additive" to margins in the fiscal year 2026.
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Workforce
'I Love Nvidia:' Portfolio Manager Praises Chipmaker's 'Idiosyncratic' AI Growth Amid Retail Bullishness
May 14, 2025
Nvidia stock has been stuck in a rut since it hit an all-time high of $153.13 in January, stymied by the Trump administration's China chip curbs and tariff uncertainty.
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Telepathic iPhone? Apple Steps Into Elon Musk's Neuralink Territory With Bold Brain-Control Tech
May 14, 2025
Apple is teaming up with Synchron, a New York-based medical equipment manufacturer, for the project.
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Williams-Sonoma Moves A Step Closer To Buying Bankrupt Dormify's IP: Retail Bullish
May 13, 2025
Dormify filed for Chapter 11 bankruptcy protection in November 2024 and is currently locked in a legal dispute with its creditors, including Google and Williams-Sonoma.
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Bankruptcy
Intellectual Property
American Eagle Pulls 2025 Outlook On Sluggish Shopping Trends, Inventory Glut — Retail Brushes Off ‘Panic Selling’
May 13, 2025
The company said it overspent on promotions last quarter and is taking an estimated $75 million charge tied to a write-down of its spring and summer collection.
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Candel Therapeutics Stock Jumps On Upbeat Q1 Earnings: Retail Gets More Bullish
May 13, 2025
The company reported diluted net income per share of $0.13 for the three months through the end of March, compared to a loss of $0.28 in the corresponding period of 2024.
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