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Sydney Sweeney’s new ‘jean shorts’ ad campaign leads to spike in American Eagle shares
Sydney Sweeney just dropped a fresh ad for American Eagle — and it gave a rise to the teen retailer’s shares. The company’s stock soared 7% on Wednesday — recently trading north of $19 — after it renewed its tie-up with the “Euphoria” star with a new blitz for...
Popular anxiety Xanax drug recalled nationwide: How to check if your prescription is included
Bottles of Xanax – one of the most widely-prescribed medications for anxiety – have been recalled after failing a quality-control test, according to the Food and Drug Administration. Viatris, Inc., a Pennsylvania-based pharmaceutical firm, in March initiated a...
Following nude-deepfake outcry, Apple nearly kicked Grok off App Store: report
Apple reportedly threatened to yank Elon Musk’s Grok from its App Store over complaints the AI app wasn’t doing enough to stop users from creating nude or overly sexualized deepfakes — a potentially major blow as Grok came under international scrutiny for the...
Amazon sued for allegedly sabotaging Fire TV Sticks to force users to upgrade
Amazon is facing a bombshell class action lawsuit accusing the tech giant of purposely letting the software in Fire TV Stick devices peter out so customers would feel compelled to buy newer versions. The company allegedly “bricked” its first- and...
Big advertisers agree to settle FTC probe of alleged boycott against Elon Musk’s X, others
Three large advertising agencies settled a Federal Trade Commission probe accusing them of violating antitrust law by conspiring to boycott online media platforms based on political content they didn’t like, the agency said Wednesday. Investigators accused...
Amazon warehouse employee dies after collapsing on the job as colleagues kept working: report
Amazon warehouse workers keep on working as a colleague died after collapsing on the floor of an Amazon facility in Oregon earlier this month — with a manager telling one employee to look away instead of help, according to a shocking report. After the unnamed...
Morgan Stanley traders see massive wins as Ted Pick-led bank posts record results
Morgan Stanley posted record first-quarter revenue on Wednesday and a 29% jump in profit as its trading desks cashed in on Wall Street’s volatile start to the year. The New York banking giant reported net income of $5.57 billion, or $3.43 per share, easily...
Allbirds shares skyrocket over 600% as flailing shoe company pivots to AI
Shares of Allbirds surged more than six-fold on Wednesday after the footwear maker said it was raising capital and pivoting towards AI computing infrastructure. The San Francisco-based company said that it would execute a $50 million...
Snap slashes 1K jobs in ‘AI efficiency’ bloodbath
Snap shares spiked 7% on Wednesday after billionaire CEO Evan Spiegel revealed plans to slash about 1,000 jobs and rely on artificial intelligence to take over their work. Spiegel, whose personal fortune is pegged by Forbes at $2.3 billion, said he was “deeply...
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