Dick's Sporting Goods reported better-than-expected Q4 earnings, with sales reaching $3.88 billion, and raised its dividend by 10%, leading to a surge in the company's shares.
Altria Group raised its annual profit forecast and expanded its share buyback program by $2.4 billion after selling a 10% stake in brewer Anheuser-Busch InBev, using the proceeds to invest in alternative tobacco products and pay down debt.
US wholesale inflation rises at its fastest pace in months, driven by rising energy prices, indicating the ongoing challenge of reining in inflation, although less-volatile categories are showing signs of cooling down.
US stocks fell following a higher-than-expected wholesale inflation print, with the S&P 500 and Dow Jones Industrial Average declining 0.2%, while the tech-heavy Nasdaq Composite remained flat; investors are closely watching inflation data ahead of the Federal Reserve's policy meeting next week.
The grand opening of a new Costco in Sacramento's Natomas area drew in hundreds of excited customers, some of whom lined up overnight for exclusive opening day deals.
Fresh evidence of sticky inflation released Thursday will likely reinforce the Federal Reserve’s cautious approach to rate cuts and could add to questions about whether interest rates will remain elevated for longer than expected in 2024.
Electric vehicle maker Fisker may be on the verge of bankruptcy as its stock has plummeted by over 50%, raising concerns about the company's ability to stay in business and find a market for its vehicles.
Restaurants nationwide, including 7-Eleven, BJ's Restaurant & Brewhouse, Blaze Pizza, California Pizza Kitchen, Digiorno, Pieology, Pizza Hut, and Burger King, are offering special deals and discounts on various items in celebration of National Pi Day.
Tesla, led by Elon Musk, paid $0 in federal income taxes over a five-year period, while earning $4.4 billion in profit and receiving a $1 million tax refund, indicating a pattern of avoiding tax payments through accounting strategies and offshore profit shifting, according to a report by Americans for Tax Fairness.
US retail spending rebounded in February, rising 0.6% from the previous month, driven by increased spending on gasoline, while furniture, grocery, and clothing store sales declined, reflecting the ongoing challenges of inflation and higher prices for consumers.
Former US Treasury Secretary Steven Mnuchin plans to assemble an investor group to purchase TikTok as the US House of Representatives passes a bill requiring ByteDance to divest its US assets within six months or face a ban, an action which TikTok opposes and vows to fight legally.
Under Armour founder, Kevin Plank, has replaced Stephanie Linnartz as CEO in a surprise leadership shake-up, with market reaction indicating skepticism due to Plank's prior operational mishaps and the company's cultural and strategic challenges.
Keurig has unveiled its prototype for fully compostable plant-based K-Rounds, a more sustainable single-serve pod, set to be used in their new Keurig Alta, which will begin beta testing later this year for a potential consumer launch in 2025.
Boeing's CEO Dave Calhoun continues to face scrutiny and questions about his job security despite a string of crises and scandals involving the company, prompting aviation analysts to question why he remains in his position while the board of directors and investors appear complacent and the government appears to lack mechanisms for dealing with the issues.
America's first commercial-scale offshore wind farm, South Fork Wind, has officially opened off the coast of New York, marking a major milestone in the development of large-scale wind farms and the transition to clean energy.
The Federal Aviation Administration is investigating a tire issue on an American Airlines Boeing 777 plane that landed safely in Los Angeles, following a similar incident involving a United Airlines Boeing 777-200 last week.
SpaceX's Starship, the world's largest rocket, achieved orbital speed for the first time during its third test flight, although both the Starship vehicle and its Super Heavy booster did not survive all the way through to their intended splashdown.
Anheuser-Busch InBev's shares dropped more than 4% after trading suspension was lifted, following tobacco giant Altria's announcement to sell a significant portion of its stake in the brewer.
Despite a rebound in retail sales in February, consumers may be growing more cautious due to high interest rates and rising prices for everyday goods, leading to a lower-than-expected increase in sales.
Robinhood's shares rose 9% as the brokerage reported strong growth in assets, driven by a surge in cryptocurrency and stock trading, with assets under custody reaching $118.7 billion in February which surpassed the $100 billion mark for the second consecutive month.
US Treasury Secretary Janet Yellen acknowledged that her previous claims of "transitory" inflation were wrong, as inflation rates persisted longer than expected and reached 9.1% in one year, prompting concerns over rising costs and their impact on the housing market.
US stocks turned negative despite opening higher, as a higher than expected wholesale inflation print raised concerns for the Federal Reserve ahead of its policy meeting next week, with the S&P 500, Dow Jones, and the Nasdaq 100 all sliding.
Retail sales in February rebounded by 0.6% from the previous month, following a sharp decline, indicating a slowdown in consumer spending growth.
Amazon will be hosting its "Big Spring Sale" at the end of March, offering discounts on spring fashion, outdoor furniture, and more, with deals available to both Prime and non-Prime members.
McDonald's customers are now more interested in larger burgers rather than premium ones, according to CFO Ian Borden, as the company aims to pilot and eventually globally roll out bigger burger options.
MicroStrategy is raising $500 million through convertible bonds for the second time in less than 10 days to increase its exposure to bitcoin, becoming a weekly event for the software firm.
Amazon has announced its upcoming Big Spring Sale, which will feature exclusive deals on a variety of items including clothing, shoes, beauty products, and more.
UiPath reported strong financial results for the fourth quarter and full year of fiscal year 2024, with net new ARR of $86 million, total ARR of $1.46 billion, and record quarterly revenue of $405 million, driven by demand for the platform's breadth and depth and the team's focus on customer success, as well as achieving GAAP profitability for the first time as a public company.
Automakers are collecting driving data from customers and sharing it with insurance companies, leading to some drivers experiencing increased insurance rates or even losing coverage.
Dow Jones futures and other stock indexes retreated after higher-than-expected inflation data was released, while Nvidia and Tesla extended their losses.
Restaurants are offering deals and discounts on Pi Day, which occurs on March 14th and celebrates the mathematical constant pi, the ratio of a circle's circumference to its diameter.
Investors should consider the parallels between the valuation of Cisco Systems during the dot-com bubble and the surge in Nvidia stock driven by artificial intelligence, as demand for Nvidia's AI chips from cloud computing giants continues to rise while demand for Cisco's networking gear has dried up.
Blaze Pizza is offering an 11-inch pizza for $3.14 on Pi Day at participating locations.
Three third prize Mega Millions tickets, including one worth $30,000, were sold in New Jersey as the jackpot for the next drawing climbed to $792 million.
McDonald's is focusing on value bundles and app offers as more low-income consumers choose to eat at home due to rising fast-food prices and a desire for greater value for their money.
The CEO of Palantir, Alexander Karp, stated that the company has lost employees due to its public support for Israel and its provision of artificial intelligence models to the Israeli military.
A nut supplier in Illinois is recalling honey-roasted cashews sold in Walmart stores in 30 states due to concerns of undeclared coconut and milk, posing a risk for those with allergies.
Robinhood shares surge as the trading platform reports a growth in assets under custody, Fisker shares drop following bankruptcy concerns, and Under Armour announces founder Kevin Plank's return as CEO in today's corporate news on Wall Street.
United Airlines Flight 830 turned back to Sydney due to a fuel leak shortly after takeoff from Sydney Kingsford Smith Airport.
A national survey found that over 11% of high school seniors in the US used delta-8 THC, a milder alternative to marijuana, with higher rates in states without regulations; concerns are raised over the lack of oversight and potential health risks, especially for teenagers.
An American Airlines flight made an emergency landing in California after the pilot reported a potential mechanical issue with the Boeing 777 plane, but no injuries were reported.
The "Magnificent Seven" group of megacap stocks, which includes Nvidia, Meta Platforms, Amazon, Microsoft, Alphabet, Tesla, and Apple, is experiencing growing disparity in returns and may be losing its magic, with Nvidia standing out as the top performer.
Pi, the mathematical constant representing the ratio of a circle's circumference to its diameter, has a long and fascinating history, with facts including records for memorizing its digits, the use of pi in NASA calculations, and ongoing debates about its properties and alternative representations.
Warren Buffett's Berkshire Hathaway portfolio includes a stock that Fool.com contributor Parkev Tatevosian believes investors should consider buying and holding for the long term.
Warren Buffett's Berkshire Hathaway portfolio includes a stock that Fool.com contributor Parkev Tatevosian believes investors can buy now and hold for the long term.
The recent Ethereum Dencun upgrade has significantly reduced transaction costs on layer 2 solutions like Optimism and Base, with the average fee dropping to nearly 4 cents from around $1.4, thanks to the introduction of Binary Large Objects (blobs) that store data off-chain and result in lower processing costs.
A comfortable retirement in the United States is seen by many as requiring at least $1 million in savings, with 16 states identified where this amount is necessary to fund 25 years of retirement.
The U.S. Department of Energy has granted Lithium Americas a conditional commitment loan of $2.26 billion to finance the construction of processing facilities at its Thacker Pass project in Nevada, which aims to become North America's largest source of lithium for electric vehicle batteries.
Waymo's driverless robotaxi service is expanding into Los Angeles, despite concerns from labor leaders about job displacement and safety issues, and criticisms surrounding previous incidents with autonomous vehicles in San Francisco.
Semiconductor company Nvidia, which has benefited greatly from the AI revolution, may face challenges due to its high customer concentration and the potential decrease in orders from its top customers such as Microsoft, Meta Platforms, Amazon, and Alphabet.
