Articles

Analyst Alexander Hacking said Citi remains a “steel sector bull” for the time being.

Shares of Williams-Sonoma Inc. rallied into record territory Wednesday after the home-products retailer beat quarterly earnings expectations, with “full-price selling” and supply-chain improvements helping boost margins.

Cresco Labs earned nearly $5 million in the quarter, reversing a year-ago loss of $181 million.

Eli Lilly has tapped Amazon Pharmacy to provide home delivery of certain Lilly medicines, including obesity drug Zepbound.

Analyst Ben Gerlinger says reduced Fed rate cut outlook has weighed on bank names.

Tesla’s stock extended its selloff toward a 10-month low Wednesday, even as Wedbush analyst Dan Ives did his best to support the electric vehicle giant by saying negative investor sentiment is “way overdone.”

The plan to close stores follows a review initiated during the fourth quarter, which evaluated market conditions and individual store performances.

Petco’s better-than-expected sales come as it posts another loss amid weak demand and over-capacity.

SpaceX’s third Spaceship flight test could come as soon as Thursday, pending regulatory approval, says the private space company.

U.S. stocks have dominated the international markets landscape for more than 50 years, and that’s unlikely to change any time soon. But they have become more pricey lately, prompting some investors to consider bargain-hunting abroad.

The billionaire hedge fund manager said LLMs are unlikely to drive a “sea change of productivity gains” in the near future.

Oil futures move higher ahead of official data on U.S. crude inventories.