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Canada Goose’s stock soars as earnings beat offsets soft guidance

Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.

Walmart’s stock jumps toward a record after a grand-slam earnings report

Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.

Here’s what Druckenmiller did as he sold Nvidia — it’s a risky bet on an unloved asset

Stanley Druckenmiler’s Duquesne Family Office, Druckenmiller made a bullish bet on small caps in the first quarter. And those stocks have been most unloved.

Deere’s stock slides after agriculture equipment maker again lowers guidance

Deere & Co. Inc.’s stock tumbled 5.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.

Leon Cooperman snaps up stakes in Singapore’s SEA Ltd and Texan outsourcer KBR

The legendary investor sold off his treasuries as he also upped his stakes in alarm system maker ADT Inc, hotel owner Las Vegas Sands Corp, and British football team Manchester United

April CPI data was ‘positive’ after recent disappointments, New York Fed president says

New York Fed President John Williams said April’s inflation data was a “positive” development after a string of disappointments, as he said the overall price trend “looks reasonably good.”

Oil prices pull back as post-CPI relief rally runs out of steam

Oil futures pull back as a bounce inspired in part by a slower U.S. inflation reading loses steam.

‘Our children don’t have the discipline to manage their own money’: My wife and I have $4.5 million saved for retirement. How long will this last? 

“It’s time we think of leaving a legacy for our two adult children.”

‘Our children don’t have the discipline to manage their own money’: My wife and I have $4.5 million saved for retirement. How long will this last? 

“It’s time to leave a legacy for our two adult children and our grandchildren.”

Gen Z knows it has a debt problem and it’s getting help — from TikTok and credit counselors

“Instead of suffering in silence or going purely self-help,” younger people in debt “are looking into their options and talking to people,” one expert said.

IRS should keep its free online tax prep and go bigger, say Sen. Elizabeth Warren and over 100 Democrats

The IRS’s test run at tax preparation this year was an “incredible success,” and now the agency needs to make it a permanent, these lawmakers say.

Baidu reports stronger-than-forecast earnings

Chinese internet search provider Baidu on Thursday reported earnings ahead of estimates, helped by demand for its AI cloud business.
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