VF Corp. Stock Falls Despite North Face, Timberland Sales Growth
Shares of VF Corp. dropped Wednesday despite the apparel maker reporting third-quarter earnings that topped expectations as sales grew across each of its international regions.
Shares of VF Corp. dropped Wednesday despite the apparel maker reporting third-quarter earnings that topped expectations as sales grew across each of its international regions.
(Bloomberg) -- US stocks are at a critical juncture where a disorderly selloff in artificial intelligence-related stocks risks sinking the broader market, according to Pictet Wealth Management.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoUS Students’ Reading Scores Drop to Worst in More Than 20 YearsTexas HOA Charged With Discrimination for Banning Section 8 RentersManhattan’s Morning Commute Time Drops W
Caution prevails with a Federal Reserve Interest rate decision and earnings from several tech giants in focus.
Brinker International exceeded earnings and revenue forecasts and raised its outlook on soaring sales at its Chili's restaurants.
U.S. stock indexes are drifting on Wednesday, ahead of the Federal Reserve’s upcoming decision on interest rates and after two days of disruption driven by doubts about the artificial-intelligence boom. The S&P 500 was down 0.2% in morning trading on a packed day, which will also include earnings reports from influential companies like Microsoft, Meta Platforms and Tesla after trading closes. Nvidia has been at the center of Wall Street’s action this week after a Chinese upstart, DeepSeek, said it developed a large-language model that can compete with the world’s best without having to use Nvidia’s top chips.
Luxury giant LVMH eked a small gain in 2024 sales, underwhelming investors following buoyant results from rivals that signalled a turnaround for the sector
Investment bank Keefe, Bruyette & Woods (KBW) has given Bitcoin miner Bitdeer (BTDR) an "outperform" rating with a $26.50 price target.
The synergy between AI and decentralized protocols will be central to the transformation of commerce, argues the founder of infrastructure firm Boson Protocol.
The S&P 500 and the Nasdaq treaded water on Wednesday, as losses in tech heavyweights Apple and Nvidia limited broader gains and investor focus turned to the U.S. Federal Reserve's interest-rate decision, expected later in the day. Markets widely expect the central bank to hold its lending rate steady in its decision, due at 2 p.m. ET.
Even as a crypto investor and advocate, he doesn't support this proposed change