Tag: business news
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Barclays sees big haircare gains for this consumer stock as shoppers prioritize self-care
This consumer stock’s burgeoning haircare segment is being overlooked despite consumers continuing to splurge on self-care routines, Barclays says.
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Elon Musk blames Indian ‘oligarchs’ for stalling Starlink launch
Space X founder Elon Musk accused oligarchs in India of keeping Starlink out of the country to protect their monopoly over consumers.
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Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom
Samsung Electronics reported preliminary third-quarter earnings on Thursday, with operating profit forecast to top 100 trillion won for the first time.
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Lululemon poaches Athleta CEO as new chief product officer
Lululemon announced Wednesday that Athleta CEO Maggie Gauger is joining the company as its chief product officer, a newly created role.
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The IRS is paying closer attention to funds that aim to slash taxes. What could be next for investors
‘Tax aware’ ETFs and an elaborate ETF conversion maneuver aimed at sharply cutting tax liability are in the agency’s crosshairs.
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Levi Strauss hikes profit guidance after tariff refunds, but its sales outlook is less optimistic
Levi Strauss on Wednesday posted earnings that beat expectations, though it saw benefits from tariff refunds.
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Strange market anomaly is creating a buying opportunity in the Nasdaq 100
So instead of buying QQQ outright and exposing your portfolio to severe downside risk, buying calls at current option prices is a smarter, capital-efficient way to stay long.
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Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level
Shipping costs have exploded as the war in the Persian Gulf has led to a shortage of available tankers.
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Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
As affordability pressures mount, Americans are increasingly concerned about their financial future, the New York Fed’s data shows.
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Fed officials see another hike coming, but no sign as to when, minutes show
The Federal Reserve on Wednesday released minutes from its Sept. 15-16 policy meeting.
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