After struggling in 2024, China's stock market is roaring as its AI trade soars. Meanwhile, US peers are hobbled by growth concerns and waning enthusiasm.
Palantir shares gained ground on Tuesday as the stock took a breather from a three-week slump that has seen the AI investor favorite lose more than a third of its market value. Here are the key chart levels to monitor.
The airline lowered its outlook for first-quarter revenue and earnings, citing weaker consumer confidence amid macro uncertainty.
(Bloomberg) -- Worries about corporate credit defaults rose in the US for a second straight day on Tuesday, after US President Donald Trump threatened to ratchet up tariffs on Canada. Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsIn d
AI stocks rebounded on Tuesday as American and Canadian officials backed off threats to escalate the two countries’ trade war.
(Bloomberg) -- Travel stocks from airlines to cruise lines and online-booking sites are coming under pressure Tuesday after Delta Air Lines Inc. cut its profit forecast, deepening concern over weakening consumer demand and an economic slowdown.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsWhere New York City's Zoning Reform Will Add HousingElectric Construction Equipment Promises a Quiet RevolutionInside the ‘N
The S&P 500 slipped 0.8% on Tuesday, March 11, as investors digested the latest shifts in trade policy.
The S&P 500 nearly fell into correction territory in intraday trading on Tuesday, a day after the index dropped below its 200-day moving average—a "key technical indicator" and gauge of market momentum.
Wellness products company Nature’s Sunshine (NASDAQ:NATR) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 8.5% year on year to $118.2 million. The company expects the full year’s revenue to be around $457.5 million, close to analysts’ estimates. Its non-GAAP loss of $0 per share was significantly below analysts’ consensus estimates.
Personalized clothing company Stitch Fix (NASDAQ:SFIX) announced better-than-expected revenue in Q4 CY2024, but sales fell by 5.5% year on year to $312.1 million. On top of that, next quarter’s revenue guidance ($313.5 million at the midpoint) was surprisingly good and 12.5% above what analysts were expecting. Its GAAP loss of $0.05 per share was 55.4% above analysts’ consensus estimates.