Financial Newsroom - Page 2
39 articles
Levi Strauss Sees White Denim Sales Jump as It Expands Beyond Jeans
Levi Strauss is pushing into shirts, dresses, and premium lines as white denim sales soar 70%. Analysts see growth potential, but margin pressures and shifting consumer habits pose risks for the 173-year-old brand
Goldman Sachs Lifts Applied Materials Target as Chip Spending Surges
Applied Materials stock has soared 127% in 2026, prompting Goldman Sachs to raise its price target to $645. The move reflects confidence in long-term chip equipment demand, but investors face new risks as the rally outpaces the broader market
Kering Sells Beauty Business and Ends Gucci-Coty Deal Early
Kering is offloading its beauty division and ending its Gucci-Coty licensing deal a year ahead of schedule, shifting Gucci’s beauty rights to L'Oréal and signaling a major move to reduce debt and refocus on core luxury brands
Mag 7 Stocks Drop $2.3 Trillion as Investors Miss Key AI Shift
The Magnificent Seven lost over $2 trillion in value since mid-May, but Jim Cramer argues investors are misreading the AI spending cycle and could miss the next rally if they treat these tech giants as a single trade
US Home Prices Reach Record High as Affordability Worsens
The median price for existing homes in the US hit $440,660 in June, marking a new peak as affordability remains out of reach for many buyers and a major housing bill stalls in Washington
Remote Work Is Raising Unemployment for Young College Graduates
A new Federal Reserve Bank of New York study finds remote work is responsible for most of the rise in joblessness among recent college grads, as employers hesitate to hire and train inexperienced workers outside the office
Apple Sues OpenAI Over Alleged Theft of Trade Secrets in AI Hardware
Apple has filed a lawsuit against OpenAI and two former employees, alleging the misappropriation of confidential technology to accelerate OpenAI’s push into AI hardware, raising new questions about competition and intellectual property in the sector
How Much Interest $1,000 Earns in a Money Market Account Now
Money market accounts are offering rates near 4%, far outpacing traditional savings accounts. See how much interest a $1,000 deposit could generate in just a few months—and what risks and trade-offs savers should weigh before moving cash
Luxury London Homes Face Prolonged Slump as Buyers Hold Back
High-end properties in London’s most exclusive neighborhoods are sitting unsold for months, signaling a shift in demand and raising questions about the future of the city’s luxury real estate market
Fed Chair Warsh Taps AI and Top Experts for Central Bank Overhaul
Federal Reserve Chairman Kevin Warsh has assembled a high-profile team of economists, business leaders, and AI specialists to lead five task forces aimed at modernizing the Fed’s operations and policy tools
How SpaceX’s Nasdaq-100 Debut Impacts Your 401(k) Investments
SpaceX’s rapid entry into the Nasdaq-100 means millions of Americans now hold a stake in Elon Musk’s company through index funds, even if they never bought the stock directly. Here’s what that means for your retirement portfolio and risk exposure
Shopify Faces AI Shopping Shift as Bank of America Sees Upside
AI-powered shopping assistants are changing how consumers buy online, raising questions about Shopify’s future role. Bank of America sees opportunity, but risks remain as competition from Amazon and others intensifies ahead of Shopify’s next earnings report
Micron Boosts U.S. Chip Investment as Memory Shortage Squeezes Tech
Micron is raising its U.S. investment plan to over $250 billion by 2035, aiming to produce 40% of its DRAM chips domestically as persistent memory shortages drive up costs for major tech buyers and reshape the semiconductor supply chain
Walmart Cuts Prices Nationwide - How Its Deals Stack Up to Target, Kroger
Walmart and Sam’s Club have rolled out major summer price cuts on groceries and essentials. Here’s how their new prices compare to Target, Kroger, and other top U.S. supermarket chains—and what it means for your wallet
Nvidia Stock Faces $1 Trillion Drop as Citi Sees Opportunity
Nvidia shares have fallen 16% since their May peak, erasing about $1 trillion in market value. Citi analysts maintain a bullish outlook, citing a strong product roadmap and buyback plans despite investor concerns
Bernstein Raises Gold Price Target as Fed Rate Outlook Shifts
Gold’s 23% annual gain faces new pressure as the Federal Reserve signals a tougher stance on rates. Bernstein’s revised forecast highlights how central bank demand and Fed policy could reshape the metal’s path for U.S. investors
Bank of America Doubles Down on Meta Despite AI Spending Fears
Meta’s stock has lagged in 2026 as Wall Street debates the payoff of its massive AI infrastructure investments. Bank of America’s latest move signals renewed conviction, but investors face key milestones and risks in the months ahead
Market Rotation Sends These 5 Stocks Lower - Are They Now a Bargain
A weak June jobs report triggered a sharp rotation out of defensive stocks, pushing down shares of Johnson & Johnson, PepsiCo, Starbucks, Constellation Brands, and TJX. Here’s why some investors see opportunity—and what could go wrong next
Rocket Lab’s $8 Billion Iridium Deal Raises Stakes in Space Race
Morgan Stanley sharply increased its bull case for Rocket Lab after the company’s $8 billion Iridium acquisition, signaling a new phase in the competition to capture recurring revenue from satellite connectivity and launch services
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