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Dollar General Jumps On "Traffic-Led Momentum" As $4 Gas Accelerates Consumer Trade-Down Dollar General shares surged 6% in the cash session Thursday morning after stronger customer traffic fueled a second-quarter earnings beat and prompted the discount retailer to raise its full-year outlook. Jefferies analyst Corey Tarlowe wrote in a first take on earnings that "traffic-led momentum drives another beat." The discount retailer, with 21,000 stores nationwide, most of them located in low-income ZIP codes, reported second-quarter earnings of $2.48 per share, up from $1.86 a year earlier and well above the Bloomberg...

Video Game Market Tanks As Studio, Console Stocks Sink ; Can GTA VI Revive Industry? Video game stocks have been battered so far this year, with Electronic Arts the only major name in positive territory and even then only marginally higher. The Roundhill Video Games ETF is down about 14.8% YTD, highlighting industry-wide weakness as investors await a potential revival sparked by Take-Two's release of Grand Theft Auto VI this upcoming fall. The latest report from Bloomberg, citing new data from market research company Circana, shows the video game market in...

Supreme Court To Review Geofencing In Pivotal Case For Privacy Rights Authored by Joseph Lord via The Epoch Times, The Supreme Court on April 27 will hear oral arguments in a case with major implications for privacy rights—and how law enforcement uses Americans’ cell phone data while investigating crimes. The case, Chatrie v. United States, centers on law enforcement’s use of “geofencing warrants”—judge-authorized requests for cell phone location data near the scene of a crime. Okello Chatrie told the Supreme Court that the government’s use of these warrants, which resulted in a criminal...