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Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears

The retailer hiked its full-year outlook slightly to reflect the better-than-expected results. ​Read More

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Lululemon stock jumps as international growth helps to offset slowing U.S. sales

Lululemon has been in a bit of a rough spot after the departure of its longtime chief product office Sun Choe. ​Read More

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Trump congratulates bitcoiners — El Salvador’s Nayib Bukele takes victory lap with bitcoin over 100K

President-elect Donald Trump congratulated bitcoin holders, and El Salvador’s President Nayib Bukele took a victory lap on social media in response to bitcoin surpassing $100,000. “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!” Trump declared on Truth Social. Trump, who positioned himself as a pro-crypto candidate during the 2024 election, pledged

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Bitcoin hits $100,000 for the first time ever

Bitcoin prices topped $100,000 for the first time ever on Wednesday as the cryptocurrency continued its record-setting run in the wake of President-elect Trump’s election victory and more buzz that the incoming administration will have a crypto czar.  The price of bitcoin rose from $69,121 the day before Election Day to what was then an

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Intel’s Pat Gelsinger departing chipmaker with millions in severance

Intel’s former CEO Pat Gelsinger is in line to receive millions of dollars in severance and other compensation following his decision this weekend to step down and retire from the struggling chipmaker. The 63-year-old Gelsinger resigned from Intel and its subsidiary, Mobileye, on Sunday, Dec. 1, after spending three decades of his career at the company,

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DOJ launched probe into UnitedHealth for insider trading and attempted to stop monopoly

Multiple senior executives at UnitedHealthcare have been under investigation by the Department of Justice, though it is not clear if CEO Brian Thompson was part of that investigation before his murder. Thompson was gunned down in midtown Manhattan on Wednesday morning in what police are calling a targeted attack. There were reports that the executives

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Campbell’s CEO to retire, join Washington Commanders’ front office

Campbell’s Co. CEO Mark Clouse will retire from the packaged food company and join the front office of the NFL’s Washington Commanders early next year. The Commanders said Tuesday that Clouse will take on the role of president and head the team’s business operations in late January.  The last day of his six-year tenure as

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Shares of American Eagle plunge 13% as company issues weak holiday guidance

American Eagle issued weak holiday guidance after reporting its third sales miss in a row. ​Read More

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Foot Locker shares sink after weak quarterly results

Foot Locker shares fell on Wednesday after the retailer severely missed Wall Street’s quarterly earnings estimates and cut its full-year sales and earnings forecast.  The retailer’s stock fell by as much as 16% during morning trading as the company reported that it incurred a loss of $33 million, or 34 cents per share, for the

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Foot Locker shares tumble 15% as it issues gloomy holiday outlook amid soft demand

Foot Locker fell short of Wall Street expectations and cut its guidance after sales declined more than expected. ​Read More

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