- Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simonon May 17, 2024 at 7:56 pm
Walmart may just be a pit stop for high-income consumers.
- HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stakeon May 17, 2024 at 4:59 am
Ping An last year had supported a shareholder motion to spin off HSBC's Asia business and establish fixed dividends. The motion was eventually defeated.
- China consumption slows as retail sales and investment data disappointon May 17, 2024 at 3:18 am
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.
- Canada Goose jumps 16% after the company reports growth surge in Chinaon May 16, 2024 at 8:34 pm
Shares of Canada Goose soared 16% on Thursday after the apparel company reported better-than-expected revenue and earnings for its fiscal fourth quarter.
- The Dow's road to 40,000 in one charton May 16, 2024 at 7:34 pm
The move comes as investors cheer the prospects of AI boosting corporate profits and the Federal Reserve possibly cutting rates later this year.
- Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and moreon May 16, 2024 at 12:12 pm
These are some of the stocks posting the largest moves in premarket trading.
- Warren Buffett’s Berkshire Hathaway reveals insurer Chubb as confidential stock it’s been buyingon May 15, 2024 at 9:45 pm
His conglomerate Berkshire Hathaway has acquired nearly 26 million shares of Chubb for a stake worth $6.7 billion.
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