- LVMH Surpassed by Hermès as Most Valuable Luxury Brand as Sales Declineby Aaron McDade on 15th April 2025 at 9:51 pm
Kevin Carter / Getty ImagesKey TakeawaysShares of French luxury conglomerate LVMH sank Tuesday after the company reported a decline in sales.The Louis Vuitton parent company was overtaken by Hermès as the world's most valuable luxury brand by […]
- United Airlines Stock Jumps as Revenue Hits Record Highby Andrew Kessel on 15th April 2025 at 9:08 pm
Nicolas Economou / NurPhoto / Getty ImagesUnited Airlines (UAL) reported it swung to a profit in the first quarter as revenue hit a record high, sending shares surging in extended trading Tuesday.The Chicago-based carrier posted first-quarter […]
- S&P 500 Gains and Losses Today: Netflix Shares Surge as Report Reveals Ambitious Goalsby Michael Bromberg on 15th April 2025 at 8:58 pm
PATRICK T. FALLON / Contributor / Getty ImagesKey TakeawaysThe S&P 500 slipped 0.2% on Tuesday, April 15 amid a relative lull in market-moving global trade developments.Netflix stock pushed higher after a report indicated that the streaming […]
- Why Economists are Talking About ‘Soft’ and ‘Hard’ Databy Terry Lane on 15th April 2025 at 7:57 pm
Joe Raedle / Getty ImagesKey TakeawaysSeveral recent consumer sentiment surveys have shown a deterioration of “soft data.” However, economists are still waiting to see if it appears in the “hard data” of retail and inflation reports.Soft […]
- BofA Gives Up on Its 'Buy' Rating on PepsiCo Stockby Sarina Trangle on 15th April 2025 at 7:51 pm
Angus Mordant / Bloomberg via Getty ImagesKey TakeawaysBank of America downgraded PepsiCo shares from "buy" to "neutral" and cut its target price for the beverage and snack giant by 16% on Tuesday.Pepsi's snack business, Frito-Lay, is selling fewer […]
- HP Enterprise Stock Jumps as Activist Elliott Builds $1.5B Stakeby Aaron McDade on 15th April 2025 at 6:04 pm
AaronP / Bauer-Griffin / Contributor / Getty ImagesKey TakeawaysHewlett Packard Enterprise shares surged Tuesday after Bloomberg reported activist investor Elliott Investment Management built a $1.5 billion stake in the server maker.Elliott will […]
- Bank Stocks Jump as Bank of America, Citi Results Are Latest to Beat Estimatesby Nisha Gopalan on 15th April 2025 at 5:51 pm
Smith Collection / Gado / Getty ImagesShares of major U.S. banks surged after Bank of America (BAC) and Citigroup (C) became the latest lenders to report better-than-expected first-quarter earnings on the back of a stock-trading boom.Bank of America […]
- Analysts Stay Bullish on Netflix Stock Ahead of Earningsby Jordyn Bradley on 15th April 2025 at 5:44 pm
Mario Tama / Getty Images)Key TakeawaysOppenheimer reiterated its Outperform rating for Netflix, as well as its price target of $1,150––one of the highest on Wall Street.Analysts at Oppenheimer said in a report that the streamer will not feel […]
- Palantir Stock Extends Gains After NATO Dealby Aaron Rennie on 15th April 2025 at 5:30 pm
FABRICE COFFRINI / AFP via Getty ImagesShares of Palantir Technologies (PLTR) rose for a second consecutive session Tuesday following news that the North Atlantic Treaty Organization (NATO) had acquired the analytics software provider's […]
- How the US-China Trade War Could Change the Economyby Diccon Hyatt on 15th April 2025 at 5:25 pm
Frederic J. Brown/AFP via Getty ImagesKey TakeawaysU.S. consumers are likely to see immediate price increases on items brought in from China at retailers such as Target, Walmart, and Amazon, one trade expert said.Price increases are likely to match […]
- Ericsson Stock Surges as North American Sales Jump Amid Tariff Worriesby Andrew Kessel on 15th April 2025 at 4:48 pm
SOPA Images / Getty ImagesKey TakeawaysEricsson shares surged Tuesday after the company reported first-quarter profit that topped analysts’ expectations.The Swedish company said North American sales jumped due to “accelerated network […]
- USA Rare Earth Stock Soars Further on Report Trump to Stockpile Critical Metalsby Aaron Rennie on 15th April 2025 at 4:27 pm
Anna Moneymaker / Getty Images U.S. President Donald Trump delivers remarks during a Cabinet meeting at the White House on April 10, 2025 in Washington, D.CShares of USA Rare Earth (USAR) surged for a second straight session Tuesday following a […]