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Catherine BaabQuartz |
Short sellers made a killing Thursday as Tesla (TSLA) shares plunged 14%, their steepest single-day drop in over a year, with traders raking in some...
Shares of Lululemon (LULU), the high-end leggings and “technical apparel” retailer, weredown 20% before Friday’s market open, potentially...
Tesla stock is having a rough week. Shares have fallen more than 15% in the last five days, and were down 9% on Thursday alone. Read more...
U.S. employers announced almost 100,000 job cuts in May, up an eye-watering 47% from the same month last year, according to new data released Thursday...
Dollar Tree (DLTR) just joined Dollar General (DG) and Walmart (WMT) in sending a clear signal about the state of the American consumer: When it comes...
For the past two years, it’s been a ghost in the machine of American tech.Read more...
Dollar General just posted a great quarter. That’s good news for the retailer, and for investors enjoying a 9% pop in the stock price. It just might...
The global economy is slowing. In a sharply downgraded forecast released Tuesday, the Organisation for Economic Co-operation and Development warned...
The fragile U.S.-China tariff truce is showing signs of unraveling. Read more...
On a recent Finnair flight from Helsinki to Los Angeles, something felt off. The economy cabin — typically packed with tourists eager to explore...
Demand for Japan’s 40-year government bonds plunged Wednesday to its lowest level since last July, reinforcing fears that appetite for ultra-long...
When Microsoft (MSFT) pulled the plug on planned data centers in Ohio last month and a Wells Fargo (WFC) report suggested Amazon (AMZN) Web Services...
It’s a new month, and investors are heading into it amid fresh inflation data and rising pessimism that’s dominating headlines. With the Fed’s...
U.S. Treasury Secretary Scott Bessent said Thursday that trade negotiations with China are “a bit stalled,” just weeks after both sides declared a...
The $1.50 Costco hot dog — a still point in a turning world, immune to tariffs, inflation, or even Jay Powell — remains the most reliable deal in...
Stocks opened higher Thursday morning after a federal court struck down most of President Donald Trump’s “Liberation Day” tariffs, fueling early...
Across the globe, markets are cheering. Read more...
It’s been a tough spring for many retailers as consumers have worried about a possible recession and grown wary of constantly shifting trade policy....
On Wednesday, demand for Japan’s 40-year government bonds plunged to its lowest level since last July, reinforcing fears that appetite for...
Luxury home sales fell 10% in April from a year earlier, according to new data from Redfin (RDFN).Read more...
Economists at Goldman Sachs (GS) say the new round of U.S. tariffs will give inflation a temporary bump later this year — but expect the effects to...
U.S. stock futures soared Tuesday morning, with the S&P 500 rising about 1.3%, Nasdaq futures gaining 1.4%, and the Dow Jones Industrial Average...
Simplice Fosso opened Slack (CRM) in March and saw a green checkmark next to his team’s name: “✅ automation.” It was small, just an icon and a...
High-income U.S. consumers are pulling back. Mortgage applications are down, Walmart (WMT) is reporting grocery gains from monied households suddenly...
The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all...
Elon Musk thinks Tesla’s (TSLA) Optimus robot will be the “biggest product of all time” now that it can learn new tasks from human...
With the bond-market selloff spooking investors across the board, stocks finished last week in the red. The Dow, Nasdaq, and S&P 500 all fell. Read...
President Donald Trump is again escalating pressure on U.S. trade partners – as well as the tech companies caught in the middle. Read more...
A thousand unicorns. That’s how many billion-dollar startups India could produce over the next two decades — and it’s why investors are betting...
The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all...
Home sales are slowing again, and the culprit is no mystery — insert an “in this economy” joke here.Read more...
If Home Depot (HD) raised eyebrows with its muted earnings Tuesday, Lowe’s confirmed the trend Wednesday. The slowdown in home sales is wrecking...
China’s biggest AI player, Baidu (BIDU), beat expectations with a surge in cloud revenue, but its ad business is shrinking, it’s slashing AI...
High-income U.S. consumers are pulling back. Mortgage applications are down, Walmart’s (WMT) reporting grocery gains from monied households suddenly...
For millions of Americans, “someday” is starting to look like “never” as home ownership moves further and further out of reach. Read more...
On the surface, the picture looks bright – but dig a little deeper and you’ll uncover warning signs. On Tuesday, Home Depot posted Q1 sales rising...
Walmart (WMT) warned last week that tariffs would soon force it to raise prices, but Home Depot (HD) is taking the opposite tack. Read more...
U.S. stocks sank early Monday, with the S&P 500 dropping 1% at the open, the Nasdaq sliding 1.3%, and the Dow Jones Industrial Average down 297...
President Donald Trump claimed over the weekend that Walmart (WMT) made “BILLIONS OF DOLLARS” more than expected last year. That’s not just...
Coinbase, the largest U.S. crypto exchange, officially joins the S&P 500 today (May 19), replacing Discover Financial Services (DFS) following its...
Last week, surprise news of a temporary and tentative U.S.-China trade deal set stocks roaring from Monday on, though optimism cooled by Friday as...
Walmart (WMT) has acted as a deflationary force in the U.S. economy for decades, using its massive scale and supply chain dominance — especially...
Novo Nordisk (NVO) CEO Lars Fruergaard Jørgensen will step down after eight years at the helm of the Danish pharmaceutical giant responsible for the...
Big tractors, big signals.Read more...
President Donald Trump is pressuring Apple (AAPL) to pull back from India and move production to the U.S., telling CEO Tim Cook he doesn’t want...
Walmart (WMT) posted a solid first quarter Thursday — with a big “in this economy” caveat — as digital sales, membership fees, and ad revenue...
The next front in the AI arms race isn’t Beijing. It’s in Riyadh, at least according to Wedbush.Read more...
trimmedRead more...
Robyn Denholm, the chair of Tesla’s (TSLA) board of directors, sold nearly $200 million worth of Tesla stock in the past six months, per an New York...
Microsoft (MSFT) is laying off about 3% of its workforce, its largest headcount cut in more than two years.Read more...
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