Beyond Meat announced on Tuesday that it would be launching a new campaign with Kim Kardashian, who will be joining the company as “chief taste consultant.” Kardashian appeared in a promotional video to announce her new partnership with the company, in which she is expected to make regular contributions to Beyond Meat’s newsletter with “exclusive…
LIVE UPDATES: Ukraine’s Zelenskyy Visits Frontline in First Official Appearance Outside Kyiv Since Invasion
The latest on the Russia–Ukraine crisis, May 29. Click here for updates from May 28. Ukraine’s Zelenskyy Visits Frontline in First Official Appearance Outside Kyiv Since Invasion Ukrainian President Volodymyr Zelenskyy visited troops on the frontline in Ukraine’s northeastern Kharkiv region on Sunday, his first official appearance outside the Kyiv region since the start of…
LIVE UPDATES: Zelenskyy Visits Frontline in Rare Trip Outside Kyiv
The latest on the Russia–Ukraine crisis, May 29. Click here for updates from May 28. Zelenskyy Visits Frontline in Rare Trip Outside Kyiv Ukrainian President Volodymyr Zelenskyy visited troops on the frontline in Ukraine’s northeastern Kharkiv region on Sunday, his first official appearance outside the Kyiv region since the start of Russia’s invasion on Feb….
LIVE UPDATES: Russia–Ukraine War (May 29)
The latest on the Russia–Ukraine crisis, May 29. Click here for updates from May 28. Russian Troops Storm City Amid Eastern Ukraine Bombardments Russian and Ukrainian troops engaged in close-quarter combat in an eastern Ukraine city Sunday as Moscow’s soldiers, supported by intense shelling, attempted to gain strategic footholds for conquering the region in the…
LIVE UPDATES: Serbia’s Vucic Says Agreed 3-Year Gas Supply Contract With Putin
The latest on the Russia–Ukraine crisis, May 29. Click here for updates from May 28. Serbia’s Vucic Says Agreed 3-Year Gas Supply Contract With Putin Serbian President Aleksandar Vucic said on Sunday he had agreed to a new 3-year gas supply contract in a phone call with Russian President Vladimir Putin. “I can not speak…
Musk Raises ‘Trust Issues’ on Bill Gates’ Multi-Billion-Dollar Bet Against Tesla
May 29, 2022
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Elon Musk called out former Microsoft CEO Bill Gates again for shorting Tesla’s stock, casting doubts on his goodwill in fighting climate change given the latter’s multi-billion-dollar bet against the electric carmaker. In a series of Twitter posts, Musk disclosed Gates’ short position would now require up to $2 billion to close out. The position…
Investors Sue Elon Musk and Twitter Over Pending Takeover
May 29, 2022
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The CEO of Tesla and SpaceX, Elon Musk, was sued by Twitter investors for “unlawful conduct” claiming he manipulated the company’s stock price downward by sowing doubt about his bid to buy the social media company. Twitter, which is based in California’s Bay Area, was also named as a defendant in the suit, which argued that…
Microsoft Joins Peers in Hiring Slowdown Amid Economic Volatility
Microsoft Corp. looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft’s slowdown was not companywide, and overall it will continue to hire with additional focus on where those resources go….
Gap Analysts React to Mixed Q1 Earnings: ‘Disappointed, but Not Surprised’
Gap Inc.on Thursday reported first-quarter earnings and cut its full-year profit guidance. Gap reported a first-quarter adjusted EPS loss of 44 cents, missing consensus estimates of a 13-cent loss. Gap reported revenue of $3.48 billion, beating analyst expectations of $3.46 billion. Revenue was down 13 percent from a year ago. Overall same-store sales were down…
Here’s How Analysts View Splunk After Q1 Performance
Analysts lauded Splunk Inc. post Q1 beat. Credit Suisse analyst Phil Winslow maintained Splunk with an Outperform and lowered the price target from $225 to $180 (82.3 percent upside). Winslow remains optimistic about the company’s business trajectory and the strategic importance of Splunk, as evidenced by (1) regular total ARR and Cloud ARR growth and net expansion rates and (2)…
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