Articles

Dick’s Sports Goods’ stock up as profit and revenue beat analyst estimates

Retailer posts “very strong” results.

What sinking copper and oil prices say about the state of the economy

Commodities have declined in the third quarter, marked by hefty losses in oil and copper, as downbeat economic data from China and the U.S. fuel worries about a slowdown in demand.

Dollar Tree’s stock dives after a big earnings miss as customers spend less

Dollar Tree cited increasing pressure on its middle- and higher-income customers.

Who is killing the great game-changing tech start-ups of America?

Billions of dollars in losses crush innovation. Round up the usual venture capital suspects.

Oil consolidates after wiping out 2024 gains on growth fears, possible Libya deal

Oil futures rose modestly Wednesday, stabilizing a day after weak U.S. manufacturing data triggered a widespread selloff.

Beware of Big Tech grabbing control of its own AI regulation

Despite unwillingness to police itself, tech giants want to create rules governing digital transformation and artificial intelligence.

Home buyers wade back into housing market as mortgage rates fall for fifth week in a row

Mortgage applications rose 1.6% in the last week, the Mortgage Bankers Association said.

U.S. Steel may could leave Pittsburgh if Nippon deal gets scrapped: Wall Street Journal

Chief Executive David Burritt says U.S. Steel needs $3 billion in upgrades to compete.

Hormel Foods’ earnings dinged by continued pressure on whole-bird turkey prices

Austin, Minn.-based Hormel has been beset by lower prices for whole bird turkeys this year, as well as a production interruption at a Planters facility in Virginia and lower center-store and contract manufacturing volumes.

In an increasingly manic market, this slow-and-steady fund has broken out

A fund focusing on low volatility stocks actually recorded a record high.

Sanergy Group shares rebound as firm blames ‘forced sale’ for 98% slump

The Hong Kong listed company saw its stock price slump 98% on Tuesday. Sanergy Group shares have now increased 78% after the Chinese company said a ‘forced sale’ had driven the plunge in its stock.

Former Fed official says investors can get distracted by ‘bouncing ball’ of economic data

It’s been a difficult month for anyone trying to trade economic data releases. One policymaker says investors may be putting too much emphasis on them.
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