Target’s stock took a dive Wednesday, after the discount retail giant reported fiscal first-quarter profit that missed expectations, amid weakness in sales of discretionary items.
A low-cost index strategy tracking stocks with the highest risk-weighted returns has fared well during a period of high inflation and “clear, defined leadership” for the technology sector.
More than three out of four young adults prescribed GLP-1 drugs last year were women, new research shows–raising questions about how societal views of women’s weight may influence use of these medications and underscoring the need to better understand how the drugs may affect fertility, pregnancy, and longer-term health outcomes, researchers say.
Petco is struggling with a slowdown in pet adoptions, while customers are cutting back their spending and switching to less expensive pet foods.
Existing-home sales fell to a rate of 4.14 million in April, the National Association of Realtors said.
“I am planning my escape after five long years, feeling foolish for staying in this marriage for so long.”
BuzzFeed’s stock soared on heavy volume Wednesday, after the Vivek Ramaswamy, a former presidential candidate, disclosed that he took a large equity stake in the digital news service.
Anglo American on Wednesday said it has received, and rejected, a third conditional offer from BHP Group, though it’s agreed to push back the deadline for its suitor to make a formal bid.
Williams-Sonoma Inc.’s stock WSM rose 8% early Wednesday and was headed for a fresh record, after the upscale home goods retailer crushed profit estimates for the first quarter while revenue also came in ahead of consensus.
KBW’s David Konrad said the bank’s caution on stock buybacks has overshadowed its boosted net interest income view.
Biogen Inc. said Wednesday it’s acquiring privately held Human Immunology Biosciences for $1.15 billion upfront and up to $650 million in potential milestone payments in a move aimed at bolstering its immunology portfolio.
Rival brokerage Robinhood says it has seen an influx of new customers since TD Ameritrade users were transitioned to Charles Schwab.
‘It’s the stock market, stupid,’ and that’s why the Dow Jones Industrial Average is a surprisingly reliable election predictor.
TJX’s stock got a boost Wednesday after the discount apparel and home fashions retailer beat fiscal first-quarter profit expectations and raised its full-year outlook.
PDD says it’s focused on the long term as its stock rises in the wake of a massive beat.
AMC Entertainment Holdings Inc. is enjoying record first-day sales for the forthcoming movie “Deadpool & Wolverine,” according to the company’s CEO Adam Aron.
