Quarterly adjusted earnings per share of $0.47 and revenue of $388.43 million exceeded the consensus estimates of $0.37 and $380.42 million, respectively.
The wholesale chain indicated that it will maintain its prices for now, a move that contrasts with several competing retailers, such as Walmart, which are also adopting this approach.
Wolfe Research initiated coverage with an ‘Outperform’ rating and a $20 target, while Goldman Sachs started at ‘Neutral’ with a $16 target, citing balanced growth prospects and valuation.
China's overarching central planning model, meant to keep the economy from keeling over, has become so tangled up it is next to impossible to keep track of fake supply and even faker demand.
Former Treasury Secretary Larry Summers is sounding the alarm on America's fiscal trajectory, placing the blame squarely on President Donald Trump and GOP's "One Big, Beautiful Bill."
The benchmark index stayed resilient above a key level on an options expiry day, with analysts noting bullish cues from key technical levels. A decisive move above 24,920 could unlock the next rally.
Venture capitalist Chamath Palihapitiya deemed gold as the “only safe trade” Thursday following reports that quantum computers could crack Bitcoin’s (CRYPTO: BTC) encryption faster than anticipated.
Jefferies said that while GE's long-term fundamentals remain strong, the stock provides "narrowing incremental risk/reward" as the shares have outperformed in recent times.
Unlike traditional investments like stocks or bonds, Bitcoin isn’t backed by a company or government. Instead, it runs on a decentralized network, powered by blockchain technology.
