Articles

Estee Lauder to lay off up to 7,000 — more than it initially planned

Estee Lauder said it would adopt a “more competitive approach” to its procurement by consolidating its spending and re-evaluating its suppliers.

What 150 years of stock-market data says about performance during high-tariff eras

A unique database of investment returns that dates back to 1875 shows that high tariffs can coexist with stock-market gains.

Why Microsoft’s stock is seeing an unusually large gain after earnings

Microsoft saw a surprisingly strong performance in the cloud, but it’s also monetizing generative AI well and moderating capital-spending growth.

CVS Health’s Aetna to exit Obamacare business, boost Wegovy access

CVS’s stock surges toward a one-year high after profit and revenue beat expectations, amid strength in the pharmacy business, and the full-year outlook was raised.

McDonald’s sees lower foot traffic as revenue misses Wall Street expectations

The fast-food giant says consumers continue to grapple with uncertainty

Let’s make America great in technology again — because it’s losing its lead

While the Trump administration slashes funding for science and technology, China races ahead.

Will Berkshire Hathaway stock be a buy after Warren Buffett’s annual shareholders meeting?

A look at how Berkshire’s stock — and its equity holdings — have fared ahead of the annual shareholders meeting on Saturday

What investors are overlooking at Nvidia, Apple and a cruise-line operator, according to this fund manager

The chief investment officer at Silvant Capital talks about what investors are overlooking at Nvidia, Apple and a cruise-ship giant.

GM slashes profit outlook, sees tariffs costing up to $5 billion

GM’s updated guidance comes two days after the automaker reported quarterly earnings, in which profit and revenue topped expectations.

Retail’s continued buy-the-dip mentality contrasts sharply to stated pessimism

The volatility in stock and bond markets still hasn’t eroded the retail buy-the-dip mentality after two years of powerful returns, according to a new analysis from JPMorgan.

Trump offers some auto-tariff relief, but not for carmakers’ two biggest concerns

Despite a plan to ease off the transition to steep tariffs and rebate calculations, carmakers are still in a ‘Twilight Zone.’

How a massive blackout spotlights Europe’s political and economic challenges

A power outage across Spain and Portugal will have major repercussions and bring calls for change.
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