Bank of America slashed its S&P 500 price target to 3,600 from 4,500, the lowest year-end target on Wall Street.
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4 takeaways from the Investing Club’s ‘Morning Meeting’
Business
Target’s sloppier stores are wearing on shoppers, and its turnaround could hinge on cleaning them up
The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Customers used to hold up Target as an example of how to run large, yet sparkling stores. Yet in recent years, shopper complaints about sloppier aisles, longer checkout lines, locked-up […]
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Business
CarMax stock falls more than 10% as CEO steps down, releases new outlook
A CarMax dealership in Santa Rosa, California, on April 11, 2023. Justin Sullivan | Getty Images DETROIT – Shares of CarMax Inc. fell more than 10% during premarket trading Thursday after the used car retailer announced a weak preliminary outlook for its current fiscal quarter and said CEO Bill Nash would be unexpectedly stepping down. […]
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Business
Family offices make fewer deals but still flock to AI startup mega-rounds
Gemini Co-founders Tyler Winklevoss and Cameron Winklevoss attend the company’s IPO at the Nasdaq MarketSite in New York City, U.S., Sept. 12, 2025. Jeenah Moon | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, […]
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