Shares of Micron Technology Inc., the largest US maker of computer memory chips, plummeted after the company reported that its margins would miss analysts’ estimates this quarter. The company’s gross margins came in at 37.9% on an adjusted basis, falling short of the average 38.4% analyst estimate compiled by Bloomberg. The disappointing margin results were … Read more
Nike Inc.’s shares fell to a five-year low after the company warned of another quarter of sales decline, sparking concerns about its turnaround strategy under new CEO Elliott Hill. The sportswear giant reported a 17% slump in quarterly sales in China, citing weaker discretionary spending. Hill has laid out a “Win Now” strategy to boost … Read more
The Wanamaker building in Philadelphia’s Center City will close its doors for the last time on Sunday evening after being a iconic shopping destination for 114 years. The store, formerly known as Hecht’s, Strawbridge’s, and Lord & Taylor, has been home to the famous Wanamaker Organ, a beloved landmark that has drawn visitors with its … Read more
PS Plus Extra and Premium subscribers are in for a treat this year. Four new games will be added to the service’s Game Catalog perk at launch, including Remedy Entertainment’s multiplayer first-person shooter FBC: Firebreak. FBC: Firebreak is set in The Oldest House, the headquarters of the Federal Bureau of Control, and features a gameplay-focused … Read more
Namibia has sworn in its first female president, Netumbo Nandi-Ndaitwah, to lead a country facing significant challenges. With 58% of the vote, she won November’s election and will be Africa’s second directly elected female president after Liberia’s Ellen Johnson Sirleaf. Nandi-Ndaitwah, 72, has been a long-time loyalist of the ruling South West Africa People’s Organisation … Read more
Former UFC welterweight champion Leon Edwards is back in the UK to headline a fight against Sean Brady at The O2 Arena, looking to right the wrongs of his last performance. Edwards lost his title to Belal Muhammad in Manchester last October and has since undergone a five-year training regimen to prepare for a new … Read more
The 15th-seeded Bryant men’s basketball team will face off against top-ranked No. 2 seed Michigan State in the first round of the 2025 NCAA Men’s Basketball Championships South Region on Friday, March 21. The game is set to tip at 10:00 p.m. and will be broadcast on TBS. Bryant fans with plans to attend the … Read more
The Colorado State University (CSU) Rams pulled off a stunning upset, defeating the fifth-seeded University of Memphis Tigers 78-70 in their NCAA Tournament matchup on Friday. The Rams’ improbable victory marked their first appearance in the round of 32 since 2013. CSU’s hot-shooting guard Kyan Evans led the way with six three-pointers, including three in … Read more
A measles outbreak in Texas is expected to last for several months, despite an increase in vaccinations compared to last year. As of Friday, the outbreak had reached 309 cases and one death, with 42 people hospitalized across two states. Local public health officials say the virus will continue to spread due to its contagious … Read more
A cloud computing service experienced an unexpected surge in requests, resulting in a block of IP address by Cloudflare due to the excessive rate. The cause of this spike is currently under investigation. Details about the incident are limited at this point; however, experts speculate that it could be a result of a large-scale data … Read more