Newsfeeds Archive - Spark Newswire

3 minute read

Economist React To May Retail Sales Data: ‘Consumer Spending Is Cooling In A Fairly Orderly Fashion’

June 18, 12:44 PM

US retail sales for May missed expectations, raising concerns about economic growth. Resilient consumer spending has been a key factor in the bull market.

AMZN

2 minute read

Lingerie Giant Victoria’s Secret Stock Slides After Q1 Top-Line Dip: Details

By Lekha Gupta

June 6, 8:03 AM

Victoria's Secret reported Q1 FY24 results with a revenue decline of 3.4% and a 5% decrease in total comparable sales. CEO remains cautiously optimistic for future performance.

VSCO

2 minute read

Stocks Dip Even With Traders Hopeful For September Rate Cut; Bonds Extend Rally, Oil Plummets: What’s Driving Markets Tuesday?

By Piero Cingari

June 4, 1:00 PM

Growth concerns dragged stocks lower on Tuesday, with all major indices trading in the red as investors took a cautious tone on riskier assets.

BBWI

2 minute read

VIX Spikes 8% As Stocks Sink; Bonds, Gold Rise On Growth Concerns; Meme Stocks Roar, Peso Plummets: What’s Driving Markets Monday?

By Piero Cingari

June 3, 1:32 PM

All major U.S. equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S. manufacturing activity.

AMC

2 minute read

GameStop Up Triple Digits Premarket: Is 2021 Meme Stock Rally Back?

By Mohit Manghnani

May 14, 8:11 AM

GameStop and AMC stocks surge by 147% and 121% respectively, driven by retail investors coordinating through online platforms. Market volatility expected.

AMC

2 minute read

Wanna Save ‘Real Money?’ Buffett Has 2 Pieces Of Advice For Cash-Strapped Consumers

By Shanthi Rexaline

May 4, 11:52 AM

In a message, Warren Buffett recommended GEICO for auto insurance savings and Borsheims for affordable jewelry amid high inflation and job cuts.

BRK

1 minute read

Warehouse Clubs Operator PriceSmart Soars on Strong Q2, Rewards Shareholders With Special Dividend

By Lekha Gupta

April 10, 8:48 AM

PriceSmart reported strong Q2 results, with revenue up 13.1% and adjusted EPS of $1.31 beating expectations. It also declared a special dividend of $1.00 per share and has 54 warehouse clubs in operation.

PSCC

2 minute read

Bitcoin, Ethereum, Dogecoin Rally Looks Tired, But These AI, Big Data Coins Are Heroes Of The Day Says Market Intelligence Platform

By Benzinga Neuro

April 4, 10:12 PM

As the cryptocurrency market rebounds, AI and Big Data cryptocurrencies are experiencing a notable surge, as reported by market intelligence platform, Santiment.

$DOGE

2 minute read

Top Stories

Stocks Inch Higher, Tesla Rebounds, Bitcoin Holds Below $70,000: What’s Driving Markets Tuesday?

By Piero Cingari

March 26, 2:08 PM

Wall Street is set to break a two-day losing streak on Tuesday, as major indices trended positively during midday trading in New York. The S&P 500 saw a modest uptick of 0.3% for the day, with the Dow Jones Industrial Average, the Nasdaq 100 and the Russell 2000 experiencing a 0.2% surge.

BTC

3 minute read

Young Americans Embrace ‘Buy Now,Pay Later’ For Holiday Spending: 5 ETFs To Watch

By Piero Cingari

December 18, 1:27 PM

Bank of America's Winter Spending survey reveals the resilience of younger generations in holiday spending despite tight budgets and adoption of 'Buy Now, Pay Later' services. Millennials and Gen Z least inclined to reduce spending, but deposit balances decreasing.

AFRM