Articles

Yeti sold a lot of coolers, despite all the talk of a price-sensitive consumer

Yeti’s stock was having its best day in a year on Thursday, after the outdoor-products maker reported second-quarter earnings that rose above expectations, boosted by record cooler sales.

Howard Hughes Holdings stock up as it mulls buyout by billionaire Bill Ackman

Board of Texas real-estate company confirms offer from billionaire’s Pershing Square hedge fund

Chicago-based cannabis giant Cresco Labs loss widens on $61 million charge for taxes

Revenue remains about flat at $184 million

How Lumen transformed from a 99-cent stock into the latest AI craze

One analyst notes “a legitimate uplift in demand for fiber infrastructure to support the growth in AI” — but short covering is likely also at play with shares up 500% in a month.

Generic weight-loss drugs? They’re coming — eventually, executive says

Sandoz, the generics drugmaker spun off from Novartis, is going to get into making cheap versions of the wildly popular GLP-1 class of drugs to treat diabetes and weight loss. But it may take a while.

ADT says some subscriber addresses, phone numbers stolen in cyber attack

No banking or credit card information was included in the theft

Jobless claims sink to 233,000 and fall back from nearly one-year high

The number of Americans who applied for unemployment benefits last week fell sharply to 233,000 and receded from a nearly one-year, suggesting layoffs remain quite low and that the labor market is still in good shape.

These tips for investing in mutual funds and ETFs give you fresh eyes on the market

Selloff creates cast-offs to jump on.

Eyewear seller Warby Parker narrows net loss as revenue jumps

The company’s stock climbed 6% in premarket trading.

Merck discontinues late-stage trial of experimental lung cancer treatment after high number of adverse events

Merck & Co. said Thursday it’s discontinuing a late-stage trial of a treatment for patients with extensive-stage small cell lung cancer after patients experienced a high rate of adverse events.

Under Armour stock climbs on Q1 top and bottom-line beat, raised outlook

Under Armour Inc.’s stock rose 7.7% premarket Thursday after the athletic-apparel maker beat Wall Street’s top and bottom-line expectations in its first-quarter results and raised its earnings outlook.

Krispy Kreme’s stock up after mixed set of earnings that includes soft sales guidance

The company is gearing up for the rollout of its doughnuts at McDonald’s restaurants, starting in the Midwest with Chicago.
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