MARKET

Dollar General’s triple-play earnings beat was fueled by strong traffic growth

Dollar General’s stock marched higher Thursday after the discount retailer reported fiscal first-quarter profit, net sales and same-store sales that all beat expectations, again, as

MARKET

‘Hindenburg Omen’ sounds scary for the stock market. It’s more complicated.

The ‘Hindenburg Omen’ certainly sounds ominous. Here’s what stock-market investors need to know. Source link

MARKET

AI replicating human thinking is more Big Tech ‘fake-it-till-you-make-it’ hype 

ChatGPT and its peers do not understand what words mean. Source link

MARKET

Nike has a $28 million decision to make with its Caitlin Clark shoe: Design it for women or make it unisex?

Retail expert says Nike is making a mistake if it doesn’t design the shoe for women’s feet. Source link

MARKET

The 2024 Ford Mustang Mach-E or the Tesla Model Y: Which is better?

The Tesla is the best-selling electric vehicle in the U.S., but competition is nipping at its heels. See how it compares to the Ford. Source

MARKET

Treasury yields dip from four-week peak as crucial inflation data looms

Treasury yields fell early Thursday, as a global risk-off tone across markets encouraged buyers to nibble at sovereign debt. Source link

MARKET

Brookfield leading talks to buy renewable energy provider for $6.5 billion

Canadian alternative-investment giant Brookfield said it’s leading talks to buy a majority stake, and then buy out, French renewable energy provider Neoen from other shareholders.

MARKET

UiPath’s stock gets slammed upon CEO’s abrupt exit, big miss on guidance

The company is reappointing co-founder Daniel Dines to be the CEO after he stepped down from leading the software company earlier this year. Source link

MARKET

Okta lifts its earnings outlook while taking ‘prudent’ view of customers’ budgets

The software company acknowledges some macroeconomic pressures on smaller customers. Source link

MARKET

Nutanix offers weaker guidance, and stock drops 11%

Shares of Nutanix Inc. fall more than 12% in the extended session Thursday after a mixed quarter for the cloud computing company. Source link