Gap’s stock jumps 20% as the retailer swings to profit and raises guidance
Gap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’
Summit Therapeutics’ stock surges as lung-cancer treatment vies with Merck’s blockbuster
Shares of Summit Therapeutics jumped more than 270% Thursday after the company said its experimental cancer drug outperformed Merck’s blockbuster
Scotts Miracle-Gro’s RIV Capital to merge with Cansortium in cannabis tie-up
Cansortium to add RIV Capital’s Etain dispensaries in New York; Scotts Miracle-Gro eliminating $175 million in debt. Source link
Gen Z says they’re on track for retirement — but they might be overconfident
The youngest workers believe they’ll be able to retire earlier than previous generations. But earlier generations have run into problems
Oil prices sink as wider market selloff continues and data show rise in fuel stocks
Oil futures fell Thursday, feeling pressure as equities and other assets perceived as risky extended a selloff and government data
Bulletproof to bust: Top AAA bonds tarnished by a Blackstone office deal’s blow up
Investors in a Blackstone-financed property recently took a loss on AAA bonds, the first of this cycle Source link
Corporate profits are cooling, as consumers are feeling ‘less flush’
Businesses, once “able to take advantage of supply-chain issues” during the COVID-19 pandemic, are not able to raise prices as
Cannabis company Canopy Growth loss narrows as operating expenses drop
Stock rises 6% as company’s revenue matches Wall Street estimates. Source link
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
‘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