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AI Chip Rally Lifts Nasdaq; Fed Policy Uncertainty Persists
Intel surged 10.6% on Apple partnership news, fueling a semiconductor-led rally that lifted the Nasdaq 2.43% in a short week, as markets await key inflation data and Fed policy cues.
Wall Street Rebounds on Chip Surge, Iran Deal; Fed Risks Remain
U.S. stocks ended higher Thursday as chip stocks surged on an Apple-Intel deal and an interim U.S.-Iran deal eased inflation worries, though Fed rate hike risks remain.
Dow Edges Higher on Tech Rally, Falling Oil Prices Ease Inflation Fears
The Dow closed up 131 points as semiconductor stocks rallied on Intel's record high and lower oil prices eased inflation concerns, though Fed uncertainty lingered.
Tech Rally Lifts Wall Street; Chip Stocks Surge on Apple-Intel Deal
U.S. stocks rose Thursday, powered by a semiconductor rally after Trump announced an Apple-Intel chip partnership. The Nasdaq climbed 1.48% as oil prices dropped, easing inflation concerns. Markets are closed Friday for Juneteenth.
Kroger Shares Dip as Q1 Profit Misses Estimates Despite Revenue Beat
Kroger shares dropped 3% premarket after Q1 adjusted profit missed estimates by a cent, despite a sales beat. Margin pressure from price cuts and transport costs raised investor doubts.
Kroger Stock Climbs as CEO Focuses on Price Strategy
Kroger shares gained 3.8% in midday trading Tuesday, outpacing Walmart and Costco, as investors focus on new CEO Greg Foran's pricing strategy.
USDA Tightens SNAP Stocking Rules: Retailers Must Offer 28 Staple Items by Fall 2026
USDA finalizes SNAP stocking rules effective fall 2026, mandating 28 staple food varieties, impacting small grocers and convenience stores.
DoorDash Enables SNAP Payments for Kroger Delivery Across 2,700 Stores
DoorDash has begun accepting SNAP/EBT payments for grocery delivery from nearly 2,700 Kroger-family stores, expanding low-income food access and intensifying competition with Uber Eats and Instacart.
Costco Shares Surge Past $1,000 Mark as Bank of America Issues Bullish Call
Costco Wholesale Corporation shares gained 2.44% to close at $1,010.79, outperforming a weaker market. Bank of America reinstated coverage with a Buy rating and a $1,185 target, citing the retailer's broad consumer appeal.
Walmart Earnings Loom as Investors Gauge Consumer Health
Walmart shares approach $134 as the retail giant prepares to report quarterly earnings, offering a crucial snapshot of consumer demand ahead of key economic data.
Kroger Appoints Walmart Veteran Greg Foran as CEO, Shares Gain Slightly
Kroger has named former Walmart executive Greg Foran as its new chief executive, with a compensation package including a $1.5 million base salary and up to $12 million in annual stock awards. Shares rose 0.4% following the announcement.
Kroger Shares Surge on Appointment of Former Walmart U.S. Chief as CEO
Kroger's stock climbed 7.6% to $72.60 after naming ex-Walmart U.S. head Greg Foran as its new chief executive, ending a year of interim leadership. Investors will look to the March 5 earnings call for his strategic vision.
Kroger Appoints Former Walmart Executive Greg Foran as New CEO, Shares Surge
Kroger has named ex-Walmart U.S. chief Greg Foran as its new CEO, ending a year-long search. The grocer's stock rose approximately 6% in premarket trading following the announcement.
Markets Await Key Data, Fed Comments as Futures Show Muted Moves
U.S. stock futures held near flat Monday, with traders focused on upcoming inflation and jobs reports, Treasury buyback details, and scheduled Federal Reserve speeches.
Dow Futures Edge Higher Amid Mixed Premarket Action, Focus on Jobs and CPI Data
U.S. stock futures were mixed early Monday, with Dow futures gaining while S&P 500 and Nasdaq 100 futures dipped. Investors await key January employment and inflation reports later this week.
Dow Futures Hold Steady Above 50,000 as Key Inflation, Jobs Data Loom
Dow Jones futures were little changed early Monday following the index's historic close above 50,000, with investors awaiting delayed U.S. jobs and inflation reports later this week.