Cathie Wood buys $8.6 million of surging mega-cap tech stock
The Nasdaq Composite gained 28% between January 2024 and January 2025. But the ARK Innovation ETF returned just 16.5%.
News
Etsy upgraded, Pinterest downgraded: Wall Street's top analyst calls
Etsy upgraded, Pinterest downgraded: Wall Street's top analyst calls
The bull market is still intact. This pullback is just the cost of doing business, says strategist
The S 500 is probably halfway through its setback already, says Truist strategist.
Thaksin Outlines Steps to Revive Flagging Thai Stock Market
(Bloomberg) -- Thaksin Shinawatra, the de facto chief of Thailand’s ruling party, called for tighter regulatory oversight, better corporate governance and tax incentives for long-term equity investors to revive confidence in the country’s stock market.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersThe two-time former prime mi
Discount Stores Chain Five Below Holiday Period Sales Surge 8.7%; Stock Rises
Specialty discount store chain Five Below Inc. (NASDAQ:FIVE) shares are trading higher in premarket Monday after an upbeat 2024 holiday sales. The company posted a net sales increase of 8.7% to $1.19 billion for the holiday period, which covered nine weeks from November 3, 2024, through January 4, 2025. This compares to the sales of $1.10 billion during the same period last year. However, comparable sales for the period dipped by 3.2%. Tom Vellios, Executive Chairman and co-founder, said, “The i
China’s Securities Regulator Vows Efforts to Stabilize Market
(Bloomberg) -- China’s top securities regulator said it will work on building a mechanism to stabilize the market, vowing to anchor market expectations in 2025 after a disappointing start to the new year.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersThe China Securities Regulatory Commission said stability is top of its agen
Why Is Department Store Chain Macy's Stock Sliding Today?
Macy’s, Inc. (NYSE:M) shares are trading lower in premarket on Monday after the Department store chain provided an update on its fiscal fourth-quarter guidance. The company expects fourth-quarter net sales to reach, or slightly fall below, the lower end of the previously projected outlook of $7.8 billion – $8.0 billion and compared to the estimate of $7.885 billion. The company now anticipates its adjusted earnings per share for the fourth quarter to remain within its earlier forecast of $1.40 –