Piper Sandler upgrades Oracle, says years of low growth are coming to an end

Piper Sandler upgrades Oracle, says years of low growth are coming to an end




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Best Buy, Ikea test new kitchen concept in U.S. stores
Business

Best Buy, Ikea test new kitchen concept in U.S. stores

The logo of Best Buy and Ikea on shopping carts. Getty Images Best Buy said Thursday it will test mini-showrooms in some of its stores featuring Ikea products to show off kitchen design elements from the home retailer beside home appliances from the electronics store. Beginning this fall, the program will debut in 10 Best […]

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JPMorgan marks 1,000th branch opening since 2018 expansion plans
Business

JPMorgan marks 1,000th branch opening since 2018 expansion plans

A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total.  The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a […]

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CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve
Business

CVS shares pop on earnings beat and outlook, as retail pharmacy and insurance units improve

CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit.  Shares of the retail drugstore chain jumped more than 9% in premarket trading Thursday. The company now expects fiscal 2025 adjusted […]

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