The Day Ahead: Earnings, April Housing Data, Netflix Upfront Presentation

Cheddar News checks in on what to look out for on The Day Ahead as earnings season continues with TJX Cos., Target and Take Two Interactive among those reporting on Wednesday. April housing starts data is also set to be released while Netflix will hold its upfront presentation virtually amid a continued writers' strike.

More In Business

Hard Seltzer Brand White Claw Expands Into Spirits With Vodka Line

White Claw helped make hard seltzer a staple for American drinkers. Now it's getting into the spirit business with its own vodka brand because of new rules passed during the pandemic.

Nike's Heavy Discounts Take a Bite Out of Profits

Nike's latest earnings blew past Wall Street expectations, despite excess inventory taking a bite out of profits and disappointing sales in China.

TikTok Rolls Out New Guidelines Restricting 'Deepfakes'

TikTok is banning deepfakes amid increasing pressure from the U.S. government over privacy and security concerns. CEO Shou Zi Chew announced the policy in a TikTok video on Tuesday two days ahead of his scheduled appearance before congress.

The Day Ahead: Fed Rate Hike Decision and More Earnings

Cheddar News looks ahead to The Day Ahead as the Federal Reserve meets to decide on a rate hike. Earnings are also on tap from Petco, Chewy and KB Home.

Duolingo Taps ChatGPT to Provide Users With Personalized Feedback

Language app Duolingo last week launched a new subscription tier, called Duolingo Max, that uses an artificially intelligent chatbot to provide more personalized feedback to learners.

Moody's Upgrades Tesla Credit Rating

Moody's upgraded Tesla's credit ratings, citing its leadership in the EV market.

Morgan Stanley Bullish On Meta, Citing Cost-Cutting

Morgan Stanley has upgraded Meta to 'overweight' from an 'equal weight' as the social media giant continues to cut costs.

Netflix Taps 'Avengers: End Game' Team to Produce Potential Franchise Film

Netflix Taps 'Avengers: End Game' Team to Produce Potential Franchise Film

Foot Locker to Close 400 Mall-Based Stores By 2026

Foot Locker plans to close about 400 mall-based stores by 2026 as it looks to focus on its young shoppers with new concepts.

TikTok Sees Massive Growth Amid Ban Efforts

Despite efforts to ban the social media giant in the U.S., TikTok reported 150 million active monthly users.

Load More