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2 mins read
An under-the-radar industrial stock is a safe way to bet on the AI boom, Bank of America says
Johnson Controls will generate about $4 billion in revenue from data centers this year, which inclu…
Matthew Fox
2 mins read
UBS just raised its S&P 500 price target for the 4th time this year. Here's how it says stocks can soar 17% by the end of the year.
UBS initially had a year-end price target of 4,850. The bank raised it to 5,150 in January, to 5,40…
Matthew Fox
3 mins read
Stock market closing: Sensex, Nifty close the day in red, IT, metal, realty and oil and gas indices dip 1% each
Out of the 2,783 stocks traded during the day, 1,186 saw advances, while 1,528 declined and another…
3 mins read
The stock market chaos sparked by the yen last month could resume as rates rise in Japan, SocGen says
Japan's expected rate hikes could restart the unwind of the yen carry trade and impact US stocks, S…
Jennifer Sor
2 mins read
Trump risks tanking Truth Social's stock price if he cashes out
Truth Social is set to go public next week, with Donald Trump's stake worth billions. But cashing o…
Filip De Mott
1 min read
Foot Locker reportedly refused to stock Yeezys for Adidas' relaunch of Kanye West's shoe brand over fears of a backlash
Adidas sold $437 million of Yeezys in its first batch since breaking up with Kanye West, but Foot L…
Pete Syme
2 mins read
Stock market today: US stocks end the week higher after solid earnings and Goldilocks jobs report
"The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeS…
Matthew Fox
4 mins read
Specialty chemicals stocks maybe having a temporary reaction that could fizzle out
Specialty chemical stocks have been running up in the last few weeks, thanks to the rise in prices …
3 mins read
Testing brands, counting railcars, and watching 'Mary Poppins': how a young Warren Buffett found winning stocks
Many people think Warren Buffett got his start by trawling through stock listings for cheap buys, b…
Theron Mohamed
2 mins read
There's a stock market crash coming in 2025 as the 'bubble of all bubbles' bursts, economist says
The S&P 500 could plunge as much as 86% peak-to-trough, according to one uber-bearish economist.
Jennifer Sor
2 mins read
Stock market today: US stocks surge as investors brush away Israel-Iran conflict fears in favor of solid retail sales data
"There appears to be widespread relief that Iran's bombardment of Israel on Saturday was largely re…
Matthew Fox
3 mins read
This FMCG stock is trading at a discount to peers despite growth outpacing rivals
Mumbai-based FMCG company Jyothy Labs (JLL) is on a firm footing and that’s reflecting in the stock…
2 mins read
Foot Locker jumps 23% after saying it expects to report a surprise profit in the 2nd quarter
Foot Locker same-store sales jumped 18% in the second quarter as stores reopened, driven by pent-up…
Carmen Reinicke
2 mins read
Nike has aligned itself so tightly with Foot Locker that the retailer is bringing the sneaker giant down with its latest earnings
The sportswear giant's shares have traded down since Friday, with one analyst downgrading the stock…
Matthew Kish
2 mins read
The 'Wizard of Wharton' says stocks are on solid ground - and house prices are shaking off mortgage pain
Jeremy Siegel says a brighter earnings outlook, and the prospect of no more interest-rate hikes unt…
Theron Mohamed
1 min read
Nike CEO highlights direct-to-consumer strategy the day after the company's big Foot Locker announcement
Despite Foot Locker's announcement, Nike CEO John Donahoe touted the success of Nike's direct-to-co…
Matthew Kish
2 mins read
Foot Locker to close 400 mall stores as it shifts focus to niche shops for sneakerheads, kids, and higher-income shoppers
Foot Locker also plans to open more than 300 new format stores, including freestanding stores and s…
Matthew Kish
2 mins read
Stock market today: Indexes jump to close best week since November as investors cheer tech earnings
US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite up mo…
Yuheng Zhan
2 mins read
There's one big problem with Nike's plan to sell sneakers directly to consumers — they still love to shop at Foot Locker and Dick's
Last quarter, Nike's wholesale business at stores like Foot Locker and Dick's, grew faster than dir…
Matthew Kish
3 mins read
Multibagger electrical goods stock crashes on alleged tax evasion shock
The stock of Polycab India fell sharply by 15% on Thursday morning trade, after news of tax evasion…