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DG News30 articles
SSI Payment Shift May Boost Walmart's Q2 Sales
The August 2026 SSI payment moves to July 31, aligning with Walmart's fiscal quarter end and potentially boosting Q2 sales. Dollar General and Dollar Tree see no timing change.
August SSI Payout on July 31 to Inject $5.4 Billion into Retail Sector
August's SSI payment arrives a day early on July 31, shifting $5.41 billion in benefits and potentially boosting retail sales for that day.
Costco's P/E Multiple Nearly Triples Dollar General's: Bernstein Picks Both
Bernstein names Costco and Dollar General as top retail picks for the second half of 2026, with Costco trading at a P/E nearly three times that of Dollar General.
Retailers Eye $149B July Social Security Payouts
Social Security payments totaling roughly $149.3 billion are set for July, with a calendar quick resulting in two SSI payments that could influence retail spending patterns.
July SSI Payment Shift Boosts Retail Spending, But Risks August Slump
A calendar quirk gives SSI recipients an extra July payment, pulling $5.7B of August spending forward. Retail investors expect a late-July sales spike, followed by a likely August slowdown.
Dollar General Boosts Outlook as Higher-Income Shoppers Seek Value
Dollar General raised its annual profit forecast after Q1 earnings and margins topped estimates, boosted by increased traffic from higher-income shoppers seeking value amid $4+ gas prices.
Dollar General Shares Jump on Strong Q1 Earnings and Raised FY2026 Forecast
Dollar General shares gained 5% premarket after Q1 earnings of $2.00 per share topped forecasts and the retailer lifted its FY2026 EPS guidance to $7.20-$7.45.
Wall Street Rally Faces Jobs Test as Fed and AI Earnings Loom
S&P 500 and Nasdaq closed May at record highs, capping nine weeks of gains. Markets now eye Friday's nonfarm payrolls and tech earnings from Palo Alto Networks, CrowdStrike, and Broadcom.
Wall Street Mixed as Tech, Healthcare Lift S&P 500 and Nasdaq to Fresh Records
The S&P 500 and Nasdaq extended their record runs, driven by tech and healthcare stocks, as reports of a potential U.S.-Iran ceasefire lifted sentiment. The Dow edged lower, and inflation data remained elevated.
Dollar Tree Shares Surge on Upgraded Profit Forecast, Strong Q1
Dollar Tree raised its fiscal 2026 adjusted profit forecast after first-quarter earnings and sales beat Wall Street estimates. Shares jumped about 12% in premarket trading.
Family Dollar Shutters Over 350 Stores, Testing Private-Equity Turnaround
Family Dollar closed at least 350 stores in 10 months, hitting Southern and Appalachian areas hard. New private-equity owners face a test of their turnaround strategy.
Dollar General Gains on Raised Price Target Amid Economic Data Focus
Dollar General shares advanced after Gordon Haskett increased its price target to $180, while investors monitor inflation data and upcoming earnings.
Dollar Tree to Close 75 Stores While Opening 400 in Expansion Push
Dollar Tree (NASDAQ:DLTR) will close 75 stores in fiscal 2026 but open 400 new ones, resulting in 325 net new locations. Multi-price conversions now cover about 63% of its network.
SpaceX in Talks with Pentagon for Multibillion-Dollar AI Data Center Deal
SpaceX (SPCX) is in talks with the Pentagon for a multibillion-dollar data center deal to support military AI, as Q1 figures show AI consumes 76.4% of capex but contributes just 17.4% of revenue.
IREN Shares Slide 9% as AI Revenue Growth Lags Multi-Billion Dollar Target
IREN shares fell 9% to $34.83 on Thursday as investors scrutinize the gap between reported AI revenue and the $4.4 billion ARR target, amid a broader AI infrastructure selloff.
Silver Rallies on Dollar Weakness Despite Fed Rate Worries
Spot silver rose to $58.82 an ounce on Thursday, buoyed by a weaker dollar, as traders weigh Fed rate hike risks against safe-haven demand.
Gold Rebounds Past $4,100 as Dollar Weakens, Geopolitical Tensions Linger
Gold recovered above $4,100 an ounce, buoyed by a weaker dollar and persistent Middle East tensions, while investors assess Fed rate hike odds and oil's impact on inflation.
Centessa's Final Trade Values Eli Lilly CVR at 28 Cents on the Dollar
Centessa's final trade at $40.50 values Eli Lilly's $9 contingent value right at $2.50, or 27.8 cents per dollar, as the acquisition closes and ADS trading halts.
Gold Dips Below $4,000 as Dollar Strengthens and Fed Hawkishness Weighs
Gold slipped under $4,000 an ounce for the first time in seven months as the dollar strengthened and traders increased bets on further Fed rate hikes, sparking a broad precious metals selloff.
XRP Breaches $1.20 Support as Hawkish Fed Lifts Dollar
XRP dropped below $1.20 support to $1.17 after the Fed's hawkish stance boosted the dollar, triggering selling and underperformance versus Bitcoin and Ether.
Gold Surges on US-Iran Peace Deal; Oil Slips, Dollar Weakens
Gold surged 3% to $4,345/oz after a US-Iran peace deal lowered oil prices and weakened the dollar, reducing Fed rate hike expectations.
Silver Surges Past $70 as Dollar Weakens, Fed Meeting Looms
Silver surged nearly 4% to $70.76 on Monday as a weaker dollar and lower oil prices boosted precious metals, with the Fed's June meeting as the next catalyst.
Dollarama Shares Jump 8% as Q1 Sales and Profit Top Estimates
Dollarama shares surged 8.11% after beating Q1 sales and profit estimates, with Canadian comparable sales up 5.6% and strong international growth. The company maintained its fiscal 2027 guidance and declared a $0.12 dividend.
Amazon's Multibillion-Dollar Fiber Deal Boosts Corning's AI Data Center Role
Amazon's multibillion-dollar fiber deal with Corning underscores AI-driven data center demand, but GLW shares remain flat as investors weigh factory ramp risks and lofty valuations.
Mexican Peso Slides to 17.48 as US Jobs Report Boosts Dollar
The Mexican peso fell 1.10% to 17.4793 per dollar after stronger-than-expected US jobs data boosted the dollar and raised expectations for a Fed rate hike by December.
Micron Joins Trillion-Dollar Club; Key Week Ahead May Set Direction
Micron's market cap surpassed $1 trillion as shares closed at $971. Analysts raised price targets sharply on tight HBM supply and AI demand. Samsung's new HBM4E chip adds competitive pressure.
SK hynix Joins Trillion-Dollar Club in Volatile Week, Market Awaits Next Move
SK hynix closed near record highs after hitting $1 trillion market cap. KOSPI hit new high but over 80% of stocks fell as money concentrated in chipmakers.
Micron Joins Trillion-Dollar Club on AI Memory Demand
Micron shares surged 19.3% to $895.88, pushing its market cap past $1 trillion for the first time, fueled by a UBS price target hike and strong AI memory demand.
Silver Tumbles Below $80 as Oil Rally Fuels Dollar Strength
Silver slid below $80 on Friday, dropping 5.9% to $78.53 as oil's rally drove up the dollar and yields, eroding support for non-yielding metals.
Gold Slips Below $4,700 as Dollar Strengthens and Inflation Data Surprises
Gold retreated from a three-week high, dropping 0.8% to $4,696.07, as a firming dollar and higher US inflation weighed on bullion demand.