Latest News
Salesforce Shares Drop on AI Deal and Layoff Concerns
Salesforce stock fell 4.4% in after-hours trading amid reports of workforce reductions and questions about AI investment returns. The company confirmed its acquisition of AI startup Cimulate.
American Express Shares Retreat in Extended Trading Amid Rate Jitters, Debt Issuance
American Express stock declined 2.5% in after-hours trading following a $3.5 billion debt offering and as investors monitored regulatory discussions on card rates and awaited key inflation data.
Nike Shares Slide Below Key Technical Levels Amid Focus on Upcoming Product Launches
Nike shares declined 1.1% in extended trading Wednesday, falling below critical 50- and 200-day moving averages. Investors are monitoring upcoming Jordan Brand and Levi's collaborations for demand signals.
Bloomin' Brands Shares Dip as Strong Jobs Data Delays Rate Cut Expectations
Bloomin' Brands stock declined 0.4% to $6.94, underperforming peers, after robust employment figures reduced near-term Fed easing bets. Investors now await Friday's CPI report and the company's Feb. 25 earnings.
CRH Shares Dip as Buyback Program Nears Conclusion, Earnings Loom
CRH shares declined 1.1% to $127.75 following a share repurchase disclosure. Investors are focused on next week's quarterly results and 2026 outlook.
Gap Shares Retreat as Strong Jobs Data Clouds Rate Cut Outlook
Gap stock closed lower after a robust U.S. jobs report tempered expectations for near-term Federal Reserve rate cuts, with investors shifting focus to upcoming inflation data.
MercadoLibre Shares Dip on Strong Jobs Data, Earnings in Focus
MercadoLibre stock declined slightly as robust U.S. employment figures tempered expectations for near-term Fed rate cuts. Investors now await key inflation data and the company's upcoming quarterly results.
Cisco Shares Dip Before Earnings as AI Chip Launch Intensifies Competition
Cisco Systems stock declined slightly ahead of its quarterly results, with investors focused on AI networking demand and the company's new chip challenging Nvidia and Broadcom.
Verizon Gains on Sector Momentum, Eyes Investor Update
Verizon shares rose 2.4% amid broad telecom strength, fueled by T-Mobile's revised outlook and its own buyback plan. Sector faces regulatory scrutiny.
Kohl's Shares Surge 7% on New Value-Focused Retail Strategy
Kohl's stock climbed 7% to $18.58 after launching a nationwide 'Deal Bar' with items under $10, outperforming a flat broader market. Investors now await the March 10 earnings call.
