Stocks
Petco Reaffirms FY2026 Targets as Q1 Comparable Sales Turn Positive
Petco Health and Wellness Company (WOOF) has reaffirmed its financial guidance for fiscal year 2026, projecting net sales to be flat to...
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Stocks
SpaceX Targets $1.75 Trillion Valuation Ahead of Early IPO Price Set
Elon Musk's SpaceX has significantly raised its self-valuation to $1.75 trillion and set an unusually early share price of $135 as it...
Stocks
Fortuna Mining (FSM) Shares Fall Below Key 200-Day Moving Average
Fortuna Mining Corp (FSM) shares dropped below their 200-day moving average on Wednesday, trading as low as $9.40 and closing down approximately...
Markets
Amazon, Alphabet Positioned for Decade of AI Growth After Strong Runs
Amazon and Alphabet, despite significant stock gains, are seen as prime long-term AI investments. Their accelerating cloud businesses and massive capital outlays...
Investing
Five Market Perspectives: Profits, Highs, Sentiment, K-Shape, and Geopolitics
A veteran market observer shares five key insights on current market dynamics, covering corporate profits, all-time highs, consumer sentiment, the K-shaped economy,...
Markets
Gold Retreats as Middle East Tensions Fuel Inflation Fears
Gold prices declined on Wednesday, pressured by escalating Middle East tensions driving oil higher and intensifying concerns over inflation and potential interest...
Economy
US Imposes New Tariffs on 60 Nations Over Forced Labor Concerns
The US has announced new tariffs of 10-12.5% on 60 trading partners, including the UK, EU, and Canada, citing their failure to...
Economy
Australia’s Q1 Growth Halves, Misses Forecasts Amid Household Caution
Australia's economic growth decelerated sharply in the first quarter, missing expectations as households tightened spending due to rising interest rates and higher...
Stocks
Yesway Projects $210M-$220M Fiscal 2026 EBITDA, Plans Store Expansion
Yesway, Inc. (YSWY) forecasts $210M-$220M adjusted EBITDA for fiscal 2026 and plans to open 6-8 new convenience stores, marking its first quarter...
Economy
Trump Administration Proposes 25% Tariffs on Brazil
The Trump administration has proposed 25% tariffs on Brazilian imports, citing "unreasonable" trade practices after a USTR investigation. This move follows past...
Stocks
Dollar General Draws Shoppers Across Income Brackets Amid Economic Strain
Dollar General is seeing increased customer traffic from all income levels, including high-earners, as economic pressures mount. The retailer attributes this to...
World Business
Asia Stocks Reach Record Highs, Yen Near 160
Asian stocks followed Wall Street to record highs, fueled by AI enthusiasm. The yen hovered near 160 per dollar, with traders awaiting...