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This week’s most overbought shares in the S&P 500 incorporate many tech organizations
Investors are favoring certain stocks more than other folks as the sector weighs the likelihood of an supplemental charge hike by the Federal Reserve later on this calendar year. Wall Avenue is coming off a losing 7 days, with the Nasdaq Composite Index closing 1.9% decreased, the S & P 500 falling 1.3% and the […]
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Slowing inflation is dragging on Kroger sales, even as consumers still feel a pinch
Good news for consumers is bad news for Kroger. As prices that shoppers pay for groceries stabilize or fall, the supermarket operator’s sales are sagging. On Friday, the company posted fiscal second-quarter sales that missed Wall Street’s expectations. The company stuck with its full-year outlook, but said the slowing rate of inflation will mean less […]
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S&P 500 futures are flat soon after Wall Road notches 4-working day successful streak: Are living updates
Traders on the flooring of the NYSE, June 30, 2023. Resource: NYSE U.S. S&P 500 futures have been flat Wednesday evening just after the S&P 500 notched a fourth straight good working day. Traders also digested a Salesforce earnings beat soon after hours. Futures for the broader index and Nasdaq 100 futures climbed .03% and […]
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Dollar Trees shares sink, as CEO says ‘challenging’ economy is pressuring discounter
Shares of Dollar Tree fell on Thursday and hit a 52-week low, after the retailer said customers’ shopping lists have largely narrowed to food and necessities. The discounter joins a growing group of retailers catering to consumers who have become more price-sensitive and selective about spending. Macy’s and Foot Locker also reported this week that […]
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Aldi is getting bigger. Here’s why the no-frills German grocer is looking to the Southern U.S. for growth
No-frills discounter Aldi is the latest grocer to shake up the industry with big moves. The German retailer announced this week that it plans to acquire about 400 Winn-Dixie and Harveys Supermarket locations across the Southern U.S. As part of the deal, it would take over operations of the stores, which are in Florida, Alabama, […]
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Companies say organized retail crime is on the rise, but there’s no data to prove it
This is part one of a three-part series on organized retail crime. The stories will examine the claims retailers make about how theft is affecting their business and the actions companies and policymakers are taking in response to the issue. Be sure to check out parts two and three later this week. Anti-theft locked merchandise […]
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Stocks making the biggest moves midday: Logitech, Toyota, UnitedHealth, AMD and more
A man walks by a panel with the logo of Logitech on the campus of the Swiss Federal Institute of Technology of Lausanne in Lausanne, Switzerland, Nov. 27, 2019. Fabrice Coffrini | AFP | Getty Images Check out the companies making headlines in midday trading. Logitech — Shares tumbled 12.3% after the company announced president […]
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The U.S. economy keeps skirting recession, but customer sector may possibly gradually be splitting aside
Employment indicator and sale signal are displayed at a retail store in Carlsbad, California, May possibly 25, 2023. Mike Blake | Reuters The widely predicted U.S. recession stays out of sight as the very first 50 % of 2023 winds down, but the client sector that has fueled a remarkable restoration from the pandemic shutdowns […]
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Stocks making the biggest moves midday: Palo Alto Networks, 3M, Amedisys, Target and more
A view of the exterior of the new Dutch head office of international technology company 3M in Delft, seen on November 5, 2014. Koen van Weel | AFP | Getty Images Check out the companies making headlines in midday trading. Palo Alto Networks — The cybersecurity stock jumped more than 4% after S&P Dow Jones […]
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Stocks making the most important moves premarket: Palo Alto Networks, Apple, Target & extra
In this article TGT PANW AAPL Abide by your favorite stocksBuild Absolutely free ACCOUNT Traders on the ground of the NYSE, June 1, 2023. Resource: NYSE Check out out the companies earning headlines in premarket trading. Apple — The tech giant’s shares rose about 1% in advance of Apple’s Globally Builders Convention, which kicks off […]
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