Featured
- Reuters
HP beats revenue estimate on recovering PC demand
HP Inc beat Wall Street estimates for second-quarter revenue on Wednesday, signaling a recovery in the personal computer (PC) market as customers upgrade their systems. Chief Executive Enrique Lores told Reuters in an interview that he expects about 10% of HP's PC sales to come from such "AI PCs" in the second half of the company's fiscal 2024. "The AI PCs will be really more meaningful in 2025," Lores said on Wednesday.
- Associated Press
New Louisiana law will criminalize approaching police under certain circumstances
A new Louisiana law will make it a crime to knowingly approach within 25 feet (7.6 meters) of a police officer while they are “engaged in law enforcement duties” and after the officer has ordered the person to stay back. Opponents of the legislation, which Louisiana Gov. Jeff Landry signed into law Tuesday, fear the measure could hinder the public’s ability to film officers, which has increasingly been used to hold police accountable — including in high profile cases, such as the killing of George Floyd. Proponents argue the law will create a buffer-zone to help ensure the safety of officers when it goes into effect Aug. 1.
- Yahoo Finance
Foot Locker Q1 earnings preview: Continued decline expected while the company attempts a turnaround
Foot Locker is expected to report a tough Q1, as Wall Street expects its investments to improve results later in the year.
