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Williams-Sonoma stock dropped on Wednesday even though the home specialty retailer delivered a beat-and-raise quarter in tough times for housing. The stock is up 25% this year, but down 11% from its all-time closing high of $251.78 on Aug. 7, according to Dow Jones Market Data. While other retailers are logging tariff refunds, Williams-Sonoma is feeling a sting.
Earlier this month, Rocket Companies’ Redfin resolved a Federal Trade Commission and multi-state investigation into its multifamily rental-listing agreement with Zillow, preserving the partnership through at least 2030 and lifting prior competitive restrictions. The settlement allows Redfin to restart its own rental advertising business while still receiving listings and payments from Zillow, reshaping Rocket’s rentals-focused revenue opportunities. We’ll now examine how Redfin’s renewed...
(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa
PVH expects higher Q2 earnings as Calvin Klein, Tommy Hilfiger and DTC momentum support results despite softer sales and tariff pressures.
WSM beats fiscal Q2 earnings and revenue estimates and raises its 2026 outlook, but shares dip as tariffs pressure adjusted margins.
CEO Fran Horowitz discussed ongoing momentum in the business, tariff refunds, and the opportunities ahead.
Abercrombie & Fitch stock took off Wednesday morning. It got a tariff refund boost, but there's more to the story.
Kevin Warsh came in as the Fed chair Wall Street hoped would ease up on rates, but the latest inflation report is making that narrative extremely uncomfortable for the White House.
Any Q2 retail EPS comparison that ignores tariff refunds is measuring the refund, not the business.
A $100 million tariff refund sent Abercrombie surging in a single session while the same catalyst left Kohl's nearly unchanged and Ross investors shrugging. The gap between those reactions reveals something more important than the windfall itself.
Abercrombie & Fitch (ANF) raised its full-year outlook on Wednesday as tariff-related refund benefit
PCE Inflation Increased More Than Expected
Anthropic is pitching investors a revenue number so large it strains belief, but buried beneath the headline figure lies a tangle of risks involving overbuilt data centers, geopolitical threats, and an AI economy that could ultimately devour the very consumers it depends on.
Elon Musk’s xAI warned a federal court that shutting down temporary gas turbines at its Stanton Road plant in Southaven, Mississippi, could cripple Grok and disrupt AI services used by hundreds of millions worldwide. xAI Warns Shutdown Could Cripple Grok...
Central banks are hinting at a limited path for further interest rate hikes, which keeps a lid on borrowing costs and supports long term growth stories. That backdrop makes early stage AI small caps on this screener especially interesting, as investors search beyond the mega caps for the next wave of machine learning and automation. This article highlights three AI Small Caps screener stocks that illustrate how that opportunity could develop. The three AI Small Caps stocks in this article are...
Meta stock rallied on news that the technology giant has settled a federal social media addiction lawsuit.
Trump's 90-day beef tariff waiver could lower costs for fast-food chains and meat distributors, benefiting ETFs with exposure to these companies.
Aug 26 (Reuters) - Wall Street's main indexes opened lower on Wednesday after hotter-than-expected inflation data reinforced bets on another quarter-point Federal Reserve rate hike this year, as
Stocks were wobbling after another hot inflation report, but the real event for markets on Wednesday is yet to come. The Nasdaq Composite was down 0.2%. Nvidia is set to report results after the close.
The settlement, reached during a federal trial in Oakland, requires Meta to add usage limits and nighttime blocks for teenage users
Kohl's posted a blowout earnings beat and raised its full-year outlook, yet shares are cratering while rivals Ross and TJX barely flinch. The reason buried inside the margin numbers may explain why investors are refusing to celebrate.
The clothing retailer posted $4.17 in earnings per share for its fiscal second quarter, well above its prior outlook of $1.80 to $2.00
The Fed’s closely-watched inflation gauge revealed prices were a bit higher than expected in July--bond traders don't like that. After taking a breather on Tuesday, bonds are selling off yet again. Yield were up across the board on Wednesday morning; both the 2-year and 10-year yield were up by around 0.
The Federal Reserve's primary inflation gauge, the core PCE price index, showed no relief from price pressures ahead of Chairman Kevin Warsh's Friday speech at the annual Jackson Hole monetary policy symposium. Given that three Fed voters dissented from last month's decision to hold the benchmark interest rate steady, Warsh's ability to influence hawkish-leaning colleagues is in question. Unrounded, the core PCE price index rose 0.246%, just missing a rounding-up to 0.3%.
Stocks are rallying, but still haven’t posted meaningful gains since May. The next three days could change that.
Tariff policy is boosting domestic steel and manufacturing stocks, with Nucor, Cleveland-Cliffs, and PACCAR positioned to benefit from reduced foreign competition and rising demand.
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