Abercrombie & Fitch Co. (NYSE: ANF) saw its stock decline by a couple of percentage points on Tuesday morning following the alarming news of former CEO Mike Jeffries’ arrest in Florida on charges related to sex trafficking. This incident not only raised serious...
Apple has announced a refreshed iPad Mini on Tuesday, marking the first update to its smallest tablet since 2021. Following the announcement, shares of Apple Inc. (AAPL) rose by 2% in midday trading. The new iPad Mini is powered by the advanced A17 Pro processor, the...
Apple is set to make headlines today with its highly anticipated event, "It’s Glowtime," where the tech giant will unveil the new iPhone 16 alongside other exciting products. Scheduled to start at 1 p.m. Eastern Time at Apple’s headquarters in Cupertino, California,...
On Friday, Polestar Automotive captured headlines with a remarkable 57% surge in its stock price, an outlier in a market where most stocks, including major indices, were experiencing declines. This sharp uptick has sparked interest and speculation, particularly in the...
American Eagle Outfitters Inc. (NYSE: AEO) has once again fallen short of its sales targets, marking the second consecutive quarter where the company failed to meet revenue expectations. Despite this, the retailer reported a remarkable 60% increase in profits,...
In its latest quarterly report, Best Buy Co., Inc. (NYSE: BBY) delivered a performance that exceeded Wall Street’s anticipations, showcasing resilience and strategic foresight in a challenging retail environment. The company reported revenue of $9.29 billion for the...
In a toy industry facing significant headwinds, Lego stands out as a beacon of success, demonstrating impressive growth amidst a challenging market environment. The Danish toy giant reported robust financial results for the first half of the year, underscoring its...
Boeing, a titan in the aerospace industry, is grappling with an embarrassing setback as NASA announces it will not allow astronauts from the International Space Station (ISS) to return home aboard the company's Boeing Starliner spacecraft. Instead, NASA has opted to...
In a decisive move aimed at reshaping global trade dynamics, Canada has announced a 100% tariff on imported Chinese electric vehicles (EVs). This bold step, which mirrors recent actions by the United States and the European Commission, marks a significant escalation...
Super Micro Computer Inc. (SMCI), a leading maker of high-performance servers, saw its stock price soar over 20% on Monday morning following a holiday weekend announcement that a recent independent review of the company’s business operations had found no evidence of...
With Robert F. Kennedy Jr. poised to become the U.S. Secretary of Health under President-elect Donald Trump, food industry giants like The J.M. Smucker Company are carefully watching how his proposed policies on food regulation could impact their business. During his...
On the first day of his presidency, President-elect Donald Trump proposed sweeping tariffs that would drastically change U.S. trade relations with its top partners. In a series of Truth Social posts, Trump outlined plans to impose a 25% tariff on goods from Canada and...