Solo Brands (NYSE:DTC) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops 19.2%
Outdoor lifestyle and recreational products company Solo Brands (NYSE:DTC) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 13.2% year on year to $143.5 million. Its
Stitch Fix Stock Surges as Revenue Tops Estimates, Losses Narrow
Shares of Stitch Fix surged Wednesday after the clothing subscription business reported better revenue and a smaller loss than analysts had expected for the second quarter of fiscal 2025.
Zara parent Inditex’s shares plunge 8% after a slow start to the year with reluctant shoppers and market uncertainty
Morningstar equity analyst Jelena Sokolova said it was “too early to extrapolate the slowdown into the future,” given Inditex’s 2024 performance.
African payments system PAPSS plans to launch FX market platform this year
A pan-African payments infrastructure provider designed to facilitate trade on the continent is piloting an African currency market platform to boost commerce across borders in the region, its chief e
Trump’s tariffs have pushed markets to the doorstep of ‘correction territory’ says Wall Street
Analysts have pointed out that while the S&P 500 hasn't officially yet entered a correction, many of the stocks on the index have. Continued volatility is expected as Trump's policy moves continue.
Orderful report: Trucking recovering, but specialized markets still volatile
A performance analysis by Orderful of different equipment types highlights strengths and challenges across the market. The post Orderful report: Trucking recovering, but specialized markets still vola
BOJ Is Said to See Good Reasons to Oppose Bond Market Action
(Bloomberg) -- Bank of Japan officials see several reasons against intervening in the bond market even after benchmark yields hit the highest level since 2008, according to people familiar with the ma
Intel Stock Jumps as TSMC Eyes Foundry Stake With Nvidia, Others, Report Says
Shares of Intel are jumping more than 7% in premarket trading following a report that TSMC has approached U.S. chip designers Nvidia, Advanced Micro Devices, and Broadcom about forming a joint venture
Analysis-Ominous market signals show more trouble could await US stocks
Investors are wary about worrisome market signs, after a steep U.S. stocks selloff that has wiped out more than $4 trillion in value and all of the gains notched following President Donald Trump's ele