Abercrombie shares soar 18% on Hollister growth, strong earnings beat
Abercrombie & Fitch’s namesake banner is slowing down, but revenue is ramping up at Hollister, its teen-focused brand.
Here are Tuesday’s biggest analyst calls: Nvidia, Apple, Tesla, Microsoft, Oracle, Live Nation, Coinbase & more
Here are the biggest calls on Wall Street on Tuesday.
Stocks making the biggest moves premarket: Kohl’s, Nvidia, Dick’s Sporting Goods, Symbotic & more
These are the stocks posting the largest moves in premarket trading.
Multifamily housing leads CRE bid competition in October
Bidder dynamics in October saw the second-highest monthly gain over the past year, according to JLL’s Global Bid Intensity Index.
Bessent says there’s a ‘very good chance’ Trump names new Fed chair before Christmas
Bessent, who has been heading the search for a successor to current Chair Jerome Powell, said he still has one interview to go.
Private payroll losses accelerated in the past four weeks, ADP reports
Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said Tuesday.
Why rural Wisconsin is blocking the AI data center boom: ‘Horses are skittish’
Tech giants are increasingly facing community backlash as they select places to build mammoth AI data centers.
Novo’s next-gen obesity drug shows positive results, heads to late-stage testing
Novo Nordisk said its experimental drug, amycretin, showed statistically significant weight loss of up to 14.5% at 36 weeks in patients with type 2 diabetes.
Best Buy hikes sales forecast as shoppers upgrade tech, splurge on devices
The consumer electronics retailer said it saw tech upgrades and strong sales of computers, gaming consoles and smartphones during the fiscal third quarter.
Citi upgrades Chili’s parent on younger guests flocking to brand, building long-term relevancy
Shares of Brinker International could rise 25% from here, said Citi analyst Jon Tower.