Market
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Five Below’s ex-CEO is going to Petco — but could find similar challenges
Petco Health & Wellness Co. on Wednesday said that Joel Anderson — the former chief executive of teen-focused discount chain…
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Microsoft, Meta, Amazon and Google face this growing risk around AI
If AI revenue doesn’t come about as quickly as expected, large tech companies could see margin pressure and have to…
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United Airlines says it saw capacity glut coming, and prepared for it
Shares of United Airlines Holdings Inc. dropped more than 3% in the extended session Wednesday after the airline reported a…
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Five of 12 Fed districts report flat or declining economic activity, Beige Book finds
U.S. economic activity seemed to soften in the past two months, with five of the 12 Federal Reserve regions reporting…
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1-800-Flowers’ stock downgraded to sell as ‘everyday gifting is still anemic’
The stock of 1-800-Flowers.com Inc. tumbled Wednesday, after D.A. Davidson downgraded it to underperform, or sell, from neutral, and said…
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Market veteran Jim Rogers on stocks: ‘I’m waiting for something to go wrong.’
‘Probably by the end of this year or next year, the bear market will have resumed in the U.S.,’ Quantum…
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Industrial production surges again amid high demand for air-conditioning during heat wave
Industrial production rose in June for the second month in row, driven by rising car sales and high demand for…
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U.S. stock market’s 2024 rally gets ‘healthier’ as breadth broadens and small-caps soar
The U.S. stock market’s breadth is improving, a positive sign for the momentum of the rally so far this year,…
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This major Treasury market shift could signal serious pain ahead for stocks
An inverted Treasury yield curve is supposedly a harbinger of recession. Does this mean that, when the curve un-inverts, it…
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GitLab rallies on buyout report
Tech stock posts double-digit gain in premarket trades on robust volume. Source link
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