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Dick's Sporting Goods Blames Theft for Profit Woes
The retailer’s second-quarter earnings fell short of expectations and it incurred a fresh round of severance expenses from recent job cuts. Source link
Earnings Season Threatens Lofty Stocks
Investors say optimism in the markets could evaporate if profits get squeezed further. Source link
Union Pacific Picks New CEO
The railroad company named veteran rail executive Jim Vena chief executive, after a major shareholder called for the current CEO’s removal. Source link
Stock Market Shrugs Off Recession Signals as Rally Builds
The S&P 500 is trading near its highest level since April 2022 as hopes grow for a soft economic landing. Source link
Why GE Shares Are Hotter Than Apple, Meta or Tesla
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Dow Adds to Streak of Gains as Bank Results Reassure Investors
Stocks rose, bringing an eighth consecutive day of gains for the Dow, as bank results and easing inflation overseas helped sustain the recent rally. Source
Stocks Extend Winning Streak as Bank Earnings Spur Optimism
U.S. indexes were boosted by banks as well as artificial-intelligence related companies such as Microsoft and Nvidia. Source link
AT&T Shares Fall to Lowest Price Since 1993
Telecom stocks continue slide after WSJ investigation into toxic lead cables. Source link
Stocks Rise to Kick Off Week of Earnings Reports
Major indexes ride momentum from last week’s encouraging reports on inflation and bank earnings. Telecom shares, however, fell to multiyear lows. Source link
Stocks Rise for Week as Inflation Fears Calm
The S&P 500 edged lower for the day as bank earnings season kicked off, but finished the week with a broad-based 2.4% gain. Source link