Walmart just made it even easier for everyone else to raise prices
Business Insider· 2025-05-19 20:04
Consumers may not be psyched about Walmart's announcement that it's going to raise prices because of President Donald Trump's tariffs, but other retailers are likely breathing a sigh of relief. Retail analysts told Business Insider that Walmart did other companies a favor with the news, giving them more freedom to raise their own price tags."What they are doing is providing air cover for the tens of thousands of retailers — extra-large, large, medium, and small — all of whom are faced with exactly the same ...
TPI Composites to Sponsor World KidWind Challenge Wind Tunnel at ACP CLEANPOWER 2025
GlobeNewswire· 2025-05-19 20:01
SCOTTSDALE, Ariz., May 19, 2025 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (NASDAQ: TPIC), today announced its sponsorship of the wind tunnel competition at the World KidWind Challenge, to be held at the American Clean Power Association’s (ACP) CLEANPOWER Conference in Phoenix, Arizona, May 18-21, 2025. The World KidWind Challenge is a hands-on design challenge that engages students in learning about wind energy through the process of designing, building, and testing small-scale wind turbines. As the wind tun ...
Alpha Tau Announces First Quarter 2025 Financial Results and Provides Corporate Update
GlobeNewswire News Room· 2025-05-19 20:01
- Interim Jan-2025 results from three trials of Alpha DaRT® in treating pancreatic cancer shared at prestigious 2025 ASCO GI Symposium and R&D Update Day, showing >90% disease control rate, impressive overall survival in sub-group analyses, and positive safety profile - - 75% systemic objective response rate (ORR) and 37.5% complete response rate meaningfully higher thus far than historical Keytruda® monotherapy data in Jan-2025 interim read out of a combination trial of Alpha DaRT and Keytruda in hea ...
GOOGL vs. ADBE: Which AI-Driven Tech Stock is a Better Buy Now?
ZACKS· 2025-05-19 20:00
Alphabet (GOOGL) and Adobe (ADBE) are infusing artificial intelligence (AI) into their core offerings. While Alphabet is adding AI to its search and cloud services, Adobe is incorporating AI into its creative products. According to IDC, global spending on AI-supporting technologies will surpass $749 billion by 2028. IDC expects 67% of the projected $227 billion AI spending in 2025 will come from enterprises embedding AI capabilities into their core business operations. This bodes well for both Alphabet and ...
Educational Development Corporation Announces Fiscal Fourth Quarter and Fiscal 2025 Results
Newsfile· 2025-05-19 20:00
Core Viewpoint - Educational Development Corporation (EDC) has focused on cash flow management over profitability in fiscal 2025, leading to significant debt reduction and inventory management strategies [2][5]. Fiscal Year Summary Compared to the Prior Year - EDC reduced bank debts and vendor payables by a total of $16.9 million over fiscal years 2024 and 2025, with a reduction of $3.1 million in bank debts and $2.0 million in vendor payables during fiscal 2025 [2]. - Inventory levels decreased from $55.6 million to $44.7 million, generating $10.9 million in cash flow, with an excess inventory of approximately $30 million remaining [2]. - The company experienced a net loss of $(5.3) million for the fiscal year, compared to a net gain of $0.5 million in the previous year [4][6]. Fourth Quarter Summary Compared to the Prior Year Fourth Quarter - Net revenues for the fourth quarter were $6.6 million, down from $9.0 million in the previous year, while the average active PaperPie Brand Partners decreased from 15,500 to 9,400 [4][6]. - The loss before income taxes improved to $(1.5) million from $(2.2) million in the prior year’s fourth quarter, indicating a focus on cost reductions [4][6]. - Loss per share for the fourth quarter was $(0.16), an improvement from $(0.19) in the previous year [4][6]. Strategic Direction - EDC plans to strengthen its financial position through the sale and leaseback of its headquarters, which is expected to eliminate remaining bank debts and associated interest expenses [5]. - A Purchase Sale Agreement has been executed with TG OTC, LLC, with the transaction expected to close by early September 2025, allowing EDC to retain ownership of excess land [5].
Mural Oncology Announces Number of Relevant Securities in Issue
GlobeNewswire· 2025-05-19 19:57
WALTHAM, Mass. and DUBLIN, May 19, 2025 (GLOBE NEWSWIRE) -- In accordance with Rule 2.12 of the Irish Takeover Panel Act 1997, the Irish Takeover Rules 2022 (the “Irish Takeover Rules”), Mural Oncology plc (Nasdaq: MURA), a clinical-stage immuno-oncology company, (“Mural”) confirms that, as of the close of business on May 1, 2025, the issued share capital of Mural was 17,268,881 ordinary shares with par value US$0.01 each (the “Ordinary Shares”). In addition, as of the close of business on March 31, 2025, ...
Nvidia: Give Respect To The King Of AI
Seeking Alpha· 2025-05-19 19:54
JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...
Judge calls out 'Apple official who is personally responsible' in Fortnite app order
CNBC· 2025-05-19 19:53
This illustration picture shows a person waiting for an update of Epic Games' Fortnite on their smartphone in Los Angeles on August 14, 2020.Apple must work out its latest issues with Epic Games — or else head back to court to prove it has a legal basis for delaying the restoration of the popular Fortnite game to its iOS App Store, a judge ordered on Monday.Fortnite recently re-submitted its game but was blocked by Apple, Epic Games said Friday. Apple said in a statement on Friday that it did not remove For ...
ZYXI DEADLINE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Zynex, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important May 19 Deadline in Securities Class Action – ZYXI
GlobeNewswire News Room· 2025-05-19 19:52
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zynex, Inc. (NASDAQ: ZYXI) between March 13, 2023 and March 11, 2025, both dates inclusive (the “Class Period”), of the important May 19, 2025 lead plaintiff deadline. SO WHAT: If you purchased Zynex securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT ...
Report: Uber to Launch B2B Logistics Service in India
PYMNTS.com· 2025-05-19 19:47
Uber reportedly plans to launch a B2B logistics service in India.The company will do so “soon” in partnership with an Indian government-backed nonprofit, the Open Network for Digital Commerce (ONDC), TechCrunch reported Monday (May 19). Uber did not disclose a timeline, according to the report.Uber did not immediately reply to PYMNTS’ request for comment.The ONDC aims to expand digital commerce in India and make it easier for small businesses to go online, according to the report.The partnership with Uber w ...