Articles

Vail Resorts’ stock slips after results, guidance hurt by declines in visits, snowfall

Shares of Vail Resorts Inc. fell after hours on Monday, after the ski-resort operator cut its full-year profit outlook following a drop in skier visits and snowfall at some of its North American resorts.

Acadia Pharma’s stock falls 15% after failed drug trial

One of Acadia Pharma’s drugs failed to meet goals of a late-stage trial about a schizophrenia treatment.

How software investors should view the AI ‘tsunami’ as chip stocks outperform

Jefferies thinks software investors should stay choosy as they wait for the sector’s AI windfall to take shape.

Oracle’s stock is climbing, thanks to large new cloud deals, AI demand

Oracle Corp.’s stock initially climbed 8% in extended trading Monday after the company posted mixed results. The company’s board also declared a quarterly cash dividend of 40 cents per share of outstanding common stock.

Customers still piling into Dollar Tree and Dollar General stores, research says

Dollar stores Dollar Tree Inc. and Dollar General Corp. have been enjoying strong foot traffic in the run-up to the companies’ fourth-quarter results this week, according to data from analytics company Placer.ai.

Raymond James hires Citi bankers for new public-finance office in Seattle

Midsize investment bank sees opportunity in muni bonds and public-power financing

Why BofA is bullish on U.S. consumers despite inflation and interest-rate worries

Consumers still look resilient in the current bull market for U.S. stocks, despite worries to the contrary due to the Federal Reserve’s monetary tightening, according to BofA Global Research.

How February inflation data could test the stock-market rally

A month after the U.S. stock market suffered its worst consumer-price index release day in over a year, investors are worrying about a reprise when the latest inflation data arrives on Tuesday morning — data that could shake up the Federal Reserve’s monetary-policy expectations and test stocks’ 2024 bull run.

Why are stocks so expensive right now? One Wall Street strategist has a theory.

Interest rates in the U.S. are at their highest levels in decades, so why are U.S. stocks so darn expensive? It’s a question that has puzzled many on Wall Street.

Biden’s HUD secretary resigns ahead of presidential race

Marcia L. Fudge, secretary of the U.S. Department of Housing and Urban Development, is stepping down from her position.

Trump’s TikTok flip-flop and what it means for Chinese stocks

The former president’s rhetoric on China was tougher than his actions, experts say.

Seniors who do this one thing live longer

A fascinating report has just been published in the Journal of the American Heart Association, and it has an urgent message for the over-60s.
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