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Reddit Logs Higher Fourth-Quarter Profit as Ad Revenue Jumps
WSJ· 2026-02-05 21:45
Core Insights - The social media company reported a quarterly profit of $252 million, which represents a significant increase from $71 million in the same quarter of the previous year [1] Financial Performance - Quarterly profit increased by $181 million year-over-year, reflecting a growth of approximately 255% [1]
Ares Sees Investment Opportunities in AI Disruption
WSJ· 2026-02-05 21:18
Group 1 - The credit specialist identified potential opportunistic loans to software companies as investor fears lead to a decline in their share prices [1]
Amazon to Spend $200 Billion as It Accelerates AI Projects
WSJ· 2026-02-05 21:12
The company reported earnings in line with Wall Street expectations, and shares fell after hours. ...
Opinion | How Kevin Warsh Could Make the Fed Great Again
WSJ· 2026-02-05 20:41
Restoring independence and credibility means getting politics out of central banking. ...
Bob's Discount Furniture Bets on Value as It Heads to Public Market
WSJ· 2026-02-05 19:37
Core Insights - The furniture chain is focusing on its low-price model to navigate economic uncertainty and drive its next growth phase [1] - The home-furnishings industry has experienced volatility due to a sluggish housing market and tariffs [1] Company Strategy - The company believes that its low-price strategy will be a key factor in sustaining growth during challenging economic conditions [1] - The emphasis on affordability is seen as a way to attract consumers who may be cautious about spending [1] Industry Context - The home-furnishings sector is currently facing challenges, including a slow housing market which impacts consumer spending on furniture [1] - Tariffs have added additional pressure on the industry, affecting pricing and supply chain dynamics [1]
The U.S. job market is off to a rough start in the new year, with companies announcing more layoff
WSJ· 2026-02-05 19:21
Ahead of the government's delayed January jobs report, a mix of other federal and private data points to a rough start to the new year. ...
KKR Executives Downplay Impact of AI Disruption
WSJ· 2026-02-05 18:47
Core Viewpoint - The private-markets firm maintains its return forecasts despite the turbulence in the software sector [1] Group 1 - The firm discussed its Q4 earnings in the context of current market conditions [1]
Peloton CFO Coddington Leaving for Solar Energy Company Palmetto
WSJ· 2026-02-05 18:38
Core Insights - The new role of Coddington at Palmetto focuses on enhancing profit metrics, improving working capital, and tightening financial controls [1] Company Strategy - Coddington aims to strengthen Palmetto's profit metrics [1] - Plans to improve working capital management [1] - Intends to tighten financial controls within the company [1]
Banco De Sabadell Appoints TSB's Marc Armengol as Next CEO
WSJ· 2026-02-05 18:16
Marc Armengol, who currently serves as the CEO of TSB, will take over from Cesar Gonzalez-Bueno, who is widely credited for his work fending off a hostile takeover bid by larger rival BBVA. ...
Novo Nordisk Accuses Hims & Hers of ‘Illegal Mass Compounding' Over Cheaper Wegovy Version
WSJ· 2026-02-05 17:30
Hims & Hers said it would begin offering copies of Wegovy for an introductory price of $49 for the first month with a five-month plan. ...