President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government, citing authority granted him under a 1978 law.…
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Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
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Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted…
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Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
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Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing to pay a monthly subscription for its product…
Friday’s overheated inflation data appears to have initiated a new downward leg for the major equity averages. This could mean a confirmed bear flag pattern for the S&P 500, and…
The performance profile for 2025 says a lot about the state of the market. Commodity-related ETFs are leading, non-cyclical equity ETFs are holding up the best and cyclical names are…
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Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra
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Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment. The executives, shielded by anonymity, bluntly…
Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company…
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Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
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Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the…
Wednesday’s stock market price action revealed a caution sign, and with it, any hope that rose from Monday’s price action just got buried. The Tech sector sold off, with the…
After a blistering snapback rally over last the week, a number of the Magnificent 7 stocks are actively testing their 200-day moving averages. Let’s look at how three of these…