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As of Aug 8, 9:33 PM ET ·
ROST News30 articles
Martha Stewart Lamp at Marshalls Highlights TJX Home Segment Growth
TJX's HomeGoods segment reported a 40% jump in operating profit, with sales up 11%. A $70 Martha Stewart lamp at Marshalls illustrates the company's home goods appeal and margin growth.
Earnings
AI, Retail, and Travel Surge: 5 Stocks to Watch Next Week
Ross Stores and Howmet Aerospace lead a list of five stocks to watch next week, driven by strong earnings and bullish technical setups. Investors await second-quarter results.
Markets
Ross Stores Stock Jumps on Raised Outlook as Discount Demand Remains Strong
Ross Stores shares surged 5.3% in after-hours trading after raising its full-year sales and profit outlook, as first-quarter comparable-store sales jumped 17%.
Earnings
Kohl's Pauses Store Closures for 2026 Amid Sales Slump, Traffic Woes
Kohl's will not execute a major round of store closures in 2026, management stated, following 27 shutdowns last year. However, the retailer continues to grapple with declining sales and weak customer traffic.
Earnings
Kohl's Michigan Closure Highlights Turnaround Struggles Amid Weak Traffic
Kohl's has shuttered a store in Sault Ste. Marie, Michigan, amid a 2.8% decline in comparable sales and a 5% drop in foot traffic last quarter. The retailer faces mounting pressure as budget competitors like Ross Stores attract more shoppers.
Analysis
Dow Crosses 54,000 Milestone as Caterpillar and Goldman Lead Charge
The Dow Jones Industrial Average surpassed 54,000 for the first time, driven by strong gains in Caterpillar and Goldman Sachs, which together accounted for nearly 60% of the index's advance.
Markets
Bristol Myers Squibb at Crossroads as AstraZeneca Merger Talks Surface
Bristol Myers Squibb shares rose 5.2% last week after strong Q2 earnings, but a reported $400B merger approach from AstraZeneca puts the stock in focus Monday.
Markets
Supermicro's Q4 Margin Forecasts Signal Up to 84% Gross Profit Surge
Supermicro (SMCI) sees Q4 gross profit rising 62%-84% to $1.65B-$1.87B on ~$11B revenue, driven by record orders. Shares gained 2.4% Friday.
Earnings
Visa Shares Edge Lower Despite Earnings Beat as Cross-Border Revenue Growth Lags
Visa's Q3 earnings beat estimates, but shares fell premarket as international transaction revenue growth lagged cross-border volume, raising concerns about revenue conversion.
Earnings
SCHD Hits 52-Week High: Dividend Income Threshold Crosses $387,000
SCHD rose 1.3% to a 52-week high of $34.24, raising the cost of generating $12,000 annual dividends to $387,900 based on trailing yield.
Markets
Super Micro Shares Steady as Margin Forecast Boosts Gross Profit Outlook by $847 Million
Super Micro shares remained stable after a revised preliminary margin forecast indicated a potential $847 million increase in gross profit, though revenue is expected near the lower end of guidance.
Earnings
Air Force Base Defense Plan May Split Spending Across Multiple Systems
The U.S. Air Force is exploring a modular base-defense approach that could spread spending across launchers, sensors, missiles, and command systems, reducing reliance on a single supplier.
Markets
FIFA World Cup 2026: TKO Leads Gross Cash, Fox Eyes Profit Edge
TKO Group Holdings leads in gross cash from the 2026 World Cup, while Fox Corp shows stronger profit dynamics. Key financial data and market implications analyzed.
Markets
Nokia's Q2 Report Looms as Gross Margin Test After 19% Plunge
Nokia shares dropped 18.8% last week to €8.85. Q2 earnings Thursday will test gross margin forecasts, which imply an 80-basis-point decline.
Earnings
ANZ Estimates NZ$2.9B in Farm Efficiency Gains Across New Zealand
ANZ Group Holdings (ASX:ANZ) has estimated NZ$2.9 billion in potential efficiency gains across five NZ farm sectors, representing 18.7% of its agricultural loan book.
Analysis
Shopify Surges on Nasdaq as TSX Holiday Creates Cross-Border Price Gap
Shopify (NASDAQ:SHOP) rallied 6.52% to $121.63 on Nasdaq as the TSX was closed for Canada Day, creating a C$10.70 gap versus its last Toronto quote. The move came amid a legal settlement and analyst optimism.
Markets
PG&E Outages Hit 9,000 Across Three Counties Amid Fire Weather
PG&E outages affected over 9,000 customers in Monterey, Clovis, and Shasta County amid storms and fire weather, underscoring utility challenges in maintaining reliability during peak summer demand.
Technology
Bull Market at Crossroads as S&P 500 Valuations Near Dot-Com Peaks
The S&P 500's Shiller P/E ratio has hit 42.84, near dot-com bubble highs, signaling the Trump bull market may be approaching a tipping point.
Markets
Vanguard's VOO ETF Crosses $1 Trillion, Raising Concerns Over Concentration Risk
Vanguard's VOO ETF hit $1 trillion in assets, the first ETF to do so, as investors weigh low fees against concentration and valuation risks amid a tech selloff.
Markets
UP Fintech Plunges After China Crackdown on Cross-Border Brokerage
UP Fintech shares fell 34% in premarket trading after China's securities regulator said its Tiger Brokers unit and two peers operated unlicensed cross-border securities businesses for mainland investors.
Regulation
China Shuts Down Unauthorized Cross-Border Stock Trading Platforms
China's securities regulator has ordered Tiger Brokers, Futu Securities, and Longbridge Securities to wind down unauthorized cross-border trading for mainland clients, citing illegal operations. Shares of Futu and UP Fintech plunged over 30% in U.S. premarket trading.
Regulation
Google Finance AI Goes Live Across Europe with Local Language Tools
Google rolls out its AI-enhanced Google Finance platform across Europe, providing local-language market tools and research capabilities as the financial data sector shifts toward conversational AI.
Technology
Gold Surges to $4,720 as Geopolitical and Economic Crosscurrents Drive Rally
Gold rallied 2.3% to $4,719.68 on a softer dollar and easing Iran tensions, but faces resistance near $4,780-$4,900 as Fed policy and geopolitical risks loom.
Commodities
XRP at Crossroads as Senate Bill Looms and Network Activity Drops
XRP hovers near $1.42 as a key Senate bill on digital assets moves forward, but new address creation has plunged 85% since December 2024.
Regulation
Block Raises 2026 Gross Profit Outlook to $12.33B on Cash App Strength
Block Inc raised its 2026 gross profit target to $12.33 billion after strong Q1 growth from Cash App and Square. Shares rose 7.7% after hours despite a $308.7 million net loss and $240 million DOJ-related accrual.
Earnings
Datadog Crosses $1B in Quarterly Revenue, Shares Surge on AI Demand
Datadog posted Q1 revenue above $1 billion for the first time, jumping 32% to $1.006 billion, and raised its 2026 sales forecast. Shares soared $45.02 to $188.73.
Earnings
Blue Cross Blue Shield $2.67B Settlement Payouts Begin in May 2026
Blue Cross Blue Shield settlement payments start in May 2026 for eligible claimants in a $2.67 billion antitrust case. Payouts vary based on claims and premiums, with an estimated average of $333.
Regulation
Ballard Power Shares Surge 24% on Narrowed Q1 Loss, Positive Gross Margin
Ballard Power Systems (BLDP) shares surged about 24% after Q1 revenue climbed 26% to $19.4M and net loss narrowed to $0.04 per share, helped by cost reductions and a positive gross margin of 14%.
Earnings
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.
Technology
Mastercard Beats Q1 Estimates but April Cross-Border Weakness Weighs on Stock
Mastercard beat Q1 earnings and revenue estimates, but a slowdown in April cross-border volume growth triggered a 2.7% stock decline.
Earnings