Articles

Kohl’s stock soars as a sales beat, affirmed outlook soothes some tariff fears

Kohl’s beats sales expectations for the first time in more than three years, and keeps its outlook intact, to assuage some tariff fears.

Jobless claims jump to 5-week high — but not because layoffs in the U.S. are rising

Several months after the Trump White House triggered the biggest global trade wars in decades, there’s little sign U.S. businesses are laying off more workers and preparing for bad times.

Here’s what firms managing $20 trillion are actually doing. And they’re not buying U.S. stocks.

Citigroup strategists say U.S. stocks are now the least preferred equity market among managers with trillions under management.

Economy shrank 0.2% in the first quarter, updated GDP shows, as trade wars sapped U.S. growth

The economy appears poised to rebound in the second quarter after Trump relaxed the highest tariffs to allow for negotiations.

Tesla’s stock nears a key chart level. Can a full-time Musk drive it through?

Tesla’s stock is rallying as investors cheer a return of Elon Musk as a full-time CEO, and is fast approaching a key chart level that if cleared could target a return to record levels.

CEO confidence registers sharpest fall-off in a half-century, new survey finds

A measure of chief executive confidence fell in the second quarter by the most in the nearly 50 years the poll has been conducted.

Analyst pours cold water on Starbucks’ turnaround, as customers aren’t happy

Exclusive data on Starbucks collected by TD Cowen “suggests deteriorating value perceptions and narrowing quality perceptions for Starbucks relative to peers,” analyst says.

What the ‘like’ button reveals about how we’ll use and invest in AI

ChatGPT already features “thumbs-up” and “thumbs down” symbols.

Home sellers face an ‘absolutely brutal’ market that’s tilting in buyers’ favor

There were nearly 500,000 more sellers than buyers in April, according to a new report by Redfin, the highest figure ever since the company began tracking it in 2013.

Why Wall Street downgrades of Apple stock are about to pile up

Most company analysts play it safe rather than risk their reputation — and possibly their career.

Best Buy’s stock drops after it cuts profit outlook on tariff impact

Despite Best Buy’s projection that tariffs will stay at the current levels for the rest of the year, the company doesn’t see a change in consumer behavior.

Costco reports earnings today. Here’s why its results might not change investors’ perceptions.

With Wall Street’s focus still squarely on tariffs, Costco reports quarterly results after the closing bell today, after many of its retail peers have tried to convey restraint on raising prices.
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