Mnuchin Discounts US Recession, Says Stock Retreat ‘Makes Sense’
(Bloomberg) -- Former Treasury Secretary Steven Mnuchin discounted risks of a US recession, and played down the current selloff in equities, advising investors against overreacting to President Donald
Investment banking rebound set to be delayed amid market volatility, Morgan Stanley says
Wall Street was expecting a banner year for capital markets activity in 2025 after U.S. President Donald Trump was elected in November, buoyed by hopes of less regulation and lower corporate taxes. Bu
Why UiPath (PATH) Stock Is Falling Today
Shares of automation software company UiPath (NYSE:PATH) fell 22.5% in the pre-market session after the company reported underwhelming fourth-quarter (fiscal 2025) results: its full-year revenue guida
Why Dollar General (DG) Stock Is Trading Up Today
Shares of discount retailer Dollar General (NYSE:DG) jumped 8.5% in the pre-market session after the company reported decent fourth-quarter results, which beat analysts' same-store sales expectations.
Why Is G-III (GIII) Stock Soaring Today
Shares of fashion conglomerate G-III (NASDAQ:GIII) jumped 16% in the pre-market session after the company reported strong fourth quarter results which beat analysts' revenue expectations. In addition,
Fossil Group Stock Surges on Turnaround Plan With Layoffs, Store Closures
Fossil Group shares soared nearly 35% Thursday, a day after the watch and handbag retailer announced a turnaround plan including layoffs and store closures.
Adobe's Stock Plunged After Its Outlook Disappointed. Analysts Are Bullish on AI Growth.
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're still bullish on AI-driven growth.
Gold touches new record as latest Wall Street prediction sees prices reaching $3,500
Gold prices hit a new record as Wall Street strategists raced to increase their price targets on the asset.
US household wealth eked out record high in fourth quarter on stock gains
The net worth of households and non-profit groups rose about $200 billion to $169.4 trillion in the fourth quarter of last year, the U.S. central bank said in its quarterly U.S. financial accounts rep
As Wall Street Gets Worried, Retail Crowd Keeps Buying US Stocks
(Bloomberg) -- Even as Donald Trump’s trade war sends the US stock market hurtling toward a correction, the individual investors who rode the bull run to record highs haven’t yet given up their fa