Target Corp
Target CEO Cornell to meet with Sharpton to discuss DEI rollback as civil rights leader considers boycott
People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States. Mostafa Bassim | Anadolu | Getty Images Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a boycott and a slowdown in foot traffic […]
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Stocks making the biggest moves premarket: Walmart, Target, Apple, Pfizer, Eli Lilly, Ford and more
Check out the companies making headlines before the bell. Pharmaceutical stocks – Shares of U.S. companies in the pharmaceutical industry fell after President Donald Trump said late Tuesday that he’s going to announce ” very shortly a major tariff on pharmaceuticals .” Pfizer and Merck shares each dropped more than 4%, while Eli Lilly shed […]
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Businesses face a sobering reality: Under Trump’s tariff plan, reducing reliance on China won’t be easy
Aerial view of a container cargo ship at a port terminal in Thailand Mr.cole_photographer | Moment | Getty Images Many companies had been steadily reducing their reliance on China as a manufacturing hub since President Donald Trump’s first term, hoping to blunt the impact of punitive levies from the United States. Then his latest “reciprocal” […]
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Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025. Brandon Bell | Getty Images Shoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump administration’s new tariffs go into effect. The U.S. plans to hike tariff rates on […]
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Trump’s tariffs leave gadget makers in crisis: ‘I’m going to run out of appliances’
President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | Reuters When President Donald Trump made it clear that he was serious about implementing dramatic tariffs on top U.S. trading […]
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Here are the most oversold stocks due for a technical bounce after another tough week
Following another difficult week for the markets, certain stocks are showing oversold signals, meaning they may be due for a comeback. Fears of a recession and tariff uncertainty continued to pressure stocks. The S & P 500 and the 30-stock Dow Jones Industrial Average eked out narrow gains on Friday, while the Nasdaq Composite rose […]
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Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Key Points Swedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC has learned. Klarna, which disclosed its intention to go public in the U.S., will provide loans to Walmart customers in stores and online through the retailer’s majority-owned […]
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Here are the most oversold stocks due for a trader’s bounce following the market rout
The market just saw its fourth straight week in the red, but there are some stocks that are so washed out they may be due for a rebound. On Friday, the S & P 500 closed the week down about 2.3%, putting the loss since its Feb. 19 all-time at 8.2%. The Nasdaq Composite and […]
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Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series of internal missteps, rising competition and what it called “consumer uncertainty.” The retailer, which appointed Kecia Steelman as its new CEO in January, said it’s expecting comparable sales to be flat or grow 1% in 2025, while analysts had […]
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Stocks making the biggest moves midday: Nvidia, Intel, PepsiCo, Tesla and more
Check out the companies making headlines in midday trading. Nvidia — Stock in the chipmaker surged more than 6%, reversing course after several weak sessions. Shares slumped roughly 8% in March and are down 14% in 2025. Target — Stock in the retailer slipped about 3%, as the broader field of consumer defensive stocks took […]
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