Dollar Tree Becomes $5 Tree: Inflation Forces Retailer To Expand Higher-Priced Products To 1,800 Stores
Dollar Tree Inc (NASDAQ: DLTR) has announced plans to introduce $3 and $5 products to another 1,800 or more stores in 2023.
Housing Market Correction: Rates Up, Lack Of Buyers, Cracks Forming In Home Improvement
The housing market, still in its relentless rough patch as mortgage rates continue to climb higher, is deterring buyers from making a move.
Can Ross Stores Keep Up With Retail Giants Target And Walmart? We’ll See At Market Close
As retailers continue to report their earnings for the fourth quarter of 2022, investors are waiting for the upcoming earnings report from Ross Stores (NASDAQ: ROST), which is set to issue its fourth quarter results after market close on Tuesday<
Why This Arconic Analyst Is Turning Bearish
Arconic Corp (NYSE: ARNC), the Pittsburgh-headquartered aluminum maker with a strong position in Europe may have some near-term demand issues, which lead analysts at Goldman Sachs on Tuesday to issue a Sell note on the stock.
Housing Market Bottoms Out Per JPMorgan’s Initiation Of Redfin, Zillow
Last summer, Federal Reserve chair Jerome Powell laid out a plan to reset the U.S. housing market, which has been putting the squeeze on aspiring homeowners.
How? By increasing interest rates, and subsequently spiking mortgage rates.
Stocks Tank After Latest Inflation Data: Here’s What Got Hit The Hardest
Markets traded lower during Friday’s pre-market session following the Bureau of Economic Analysis report on a 5.4% increase in the personal consumption expenditures (PCE) price index for the month of January.
Flying Cars? Platform Stock Is Popping While Carvana Suffers
Shares of online automobile marketplace Cars.com Inc (NYSE: CARS) are flying into Thursday’s trading session, up 11.85% after the company reported better-than-expected earnings along with upbeat forward guidance.
EXCLUSIVE: Benzinga’s Favorite Hedge Funds To Watch During 13F Season
It’s hedge fund season.
Hedge funds with more than $100 million in assets are required to file a Form 13F with the U.S. Securities and Exchange Commission (SEC) within 45 days of the end of each calendar quarter. The last deadline was Feb. 14 for the fiscal quarter ending Dec. 31.
What’s More Expensive: Buying A House, Or Building One?
The housing market has been top-of-mind for new and would-be homeowners for months, as the Federal Reserve’s aggressive rate hike campaign has kept mortgage rates at highs last seen since 2007.
And it’s not just expensive borrowing costs keeping people in their apartments.
Is C3.ai Hype Or Hope For Investors? Short-Seller Spruce Point Capital Questions Company’s AI Tech
Shares of C3.ai Inc (NYSE: AI) surged following the announcement of its partnership with ChatGPT, but not everyone is convinced of the company's profitability.