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Glonghui, April 28 — Bed Bath & Beyond announced that its first quarter revenue increased by 6.9% year-on-year to $248 million, surpassing the market expectation of $240 million; its loss narrowed to $16.4 million, with an adjusted loss per share of $0.25, compared to the market expectation of a $0.24 loss per share. Chief Executive Officer Marcus Lemonis stated that the company has improved in customer acquisition, engagement quality, and the performance of its own channels, and noted that the average order value has increased.

Foresight News report: According to GMGN market data, the market capitalization of SCAM is currently 13.03 million US dollars, with a 24.37% increase over the past hour.Foresight News narrative note: Musk has repeatedly called OpenAI CEO Sam Altman "Scam Altman" publicly on X, accusing him of turning OpenAI from a non-profit charitable project into a for-profit company, concealing conflicts of interest, and lying while testifying before Congress.

"I have repeatedly mentioned that we will take decisive action when necessary," Finance Minister Shunichi Katayama said on Tuesday. When asked whether the government would remain vigilant during Japan's upcoming Golden Week holiday, she added: "We are prepared to respond around the clock." The Bank of Japan is expected to announce its latest interest rate decision in a few hours, with markets widely anticipating no change; the voting result will be a focus, as the market is assessing the possibility of a rate hike in June. Statements made by Governor Kazuo Ueda at the post-decision press conference will also be closely watched. According to overnight swap market pricing, the probability of a rate hike on Tuesday is less than 3%, while the chance of a June hike has risen to 65%. The US dollar/Japanese yen USD/JPY is currently trading around 159.5, near the level at which authorities intervened in the FX market in 2024.