Stocks stumble as S&P 500 and Nasdaq retreat from all-time highs amidst a prolonged government shutdown. Investors are left anxious with no economic data to guide them.
The S&P 500 and Nasdaq Composite pulled back from record highs as the government shutdown stretches into its ninth day. Analysts weigh in on market volatility and consumer resilience amid ongoing economic uncertainty.
Constellation Brands outperformed expectations in its fiscal Q2 earnings, reporting adjusted earnings of $3.63 per share. However, the company faced challenges with a drop in net sales and reiterated lowered full-year guidance due to macroeconomic issues.
Jerome Powell's upcoming speech is set to provide crucial insights following the Fed's first interest rate cut of 2025. With mixed stock futures and a looming PCE reading, investors are on edge. Will Powell's words signal more cuts ahead?
Nvidia shocks the tech world by investing $5 billion in Intel, aiming to enhance its AI capabilities and revolutionize data center solutions. With impressive earnings growth, how will this partnership reshape the industry?
Stock futures remain stable after a record-breaking session driven by the Federal Reserve's interest rate cut. The market sees all-time highs as earnings numbers support growth across all sectors.
Cracker Barrel's customer visits plummet by 8% following a controversial logo change. The chain faces continued decline, prompting a reevaluation of its transformation plans and marketing investments.
President Trump proposes replacing quarterly earnings reports with semiannual ones, aiming to focus on long-term goals and cut compliance costs for public companies. Treasury Secretary Scott Bessent supports the idea, citing potential benefits for investors.
President Trump is advocating for a shift from quarterly to biannual earnings reports, claiming it will save costs and promote long-term corporate management. However, critics warn it could reduce transparency and increase market volatility.
President Trump is advocating for public companies to report earnings every six months instead of quarterly. While he believes this will save costs and improve management focus, experts warn it could reduce transparency and increase risks of fraud.
