Costco Wholesale (COST) is getting further into the precious metals business. While gold bars and silver coins have previously been top of mind for shoppers, the retailer is now adding a third precious metal: platinum.
Nike’s (NKE) shares dropped 8% during early trading hours on Wednesday after the company withdrew its full-year guidance and postponed its investor day. The moves created uncertainty among investors on the company’s turnaround efforts under incoming CEO Elliott Hill, who takes over on October 14.
As Nike (NKE) gears up for a pivotal leadership transition, the iconic brand faces a challenging road ahead in an increasingly competitive retail landscape, according to a research note from financial firm Jefferies (JEF).
Mortgage rates ticked up slightly for the first time in months last week, cooling off hot demand for refinancing. But demand for purchase applications — mortgages to buy a home — continued to rise.
Nike (NKE) is striving to “Just Do It,” but its latest quarterly earnings suggest it may be too soon to determine success. Now, the company has postponed its investor day, which was set for November.
"We believe this quarter is a major step in the right direction for the Tesla story," the Wedbush analyst Dan Ives said.
The Dow Jones Industrial Average fell by more than 300 points Tuesday morning following the Federal Reserve’s signal that future interest rate cuts will be less aggressive. The comments by Fed chair Jerome Powell on Monday came less than two weeks after the Federal Open Market Committee approved a half-percentage-point (50 basis points) cut, marking its first reduction after years of hikes to address post-pandemic inflation. Additionally, due to Iran planning an attack on Israel, oil prices incr
Boeing (BA) is weighing selling new stock in an effort to boost its balance sheet.
The Dow Jones Industrial Average (DJIA) dropped more than 350 points Monday afternoon after Federal Reserve Chair Jerome Powell said that more interest rate cuts were coming, but that the central bank is not in a rush to “cut rates quickly.”
Super Micro Computer (SMCI) is set to undergo a stock split after the market closes on Monday, aligning itself with other prominent AI-driven companies like Nvidia and Broadcom, which also executed stock splits earlier this year. Following the split, the stock will begin trading Tuesday at its adjusted—and substantially lower—price.