Articles

NFL player buying a Tesla Cybertruck for $100,000 over asking is intercepted by his financial adviser

Ji’Ayir Brown, who played in the most recent Super Bowl, wanted to pay extra to get a Tesla Cybertruck early, but his adviser wouldn’t let him.

Why Nvidia’s explosive stock gains aren’t over yet, according to BofA

A BofA analyst upped his price objective to $1,100, saying Nvidia’s valuation still looks attractive, and the company’s GTC event could shine more light on market opportunity.

Vera Bradley’s stock falls 10% after handbag maker’s earnings fall short of estimates

Vera Bradley’s CEO said that “recent sales results demonstrate the need for change in our branding, product assortments and store environments.”

Citi upgrades Nucor to buy and cuts Cleveland-Cliffs to neutral in steelmaker ratings swap

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

Williams-Sonoma’s stock hits a record after profit beat and 26% dividend raise

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.

Cannabis company Cresco Labs swings to a profit, while revenue beats estimates

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

Eli Lilly strikes deal with Amazon Pharmacy for home delivery of Zepbound, other drugs

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

First Horizon, Popular, East West Bancorp, Western Alliance get top billing as Citi flags undervalued regional banks

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

Tesla’s stock selloff is ‘way overdone’ as EV demand stabilizes, analyst says

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.”

Dollar Tree misses on earnings, plans to close 600 Family Dollar stores in 2024

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

Petco’s stock rises 3.5% after sales beat as CEO Ron Coughlin steps down

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

Elon Musk’s SpaceX prepares third Spaceship flight test

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