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Shares of Wayfair and RH fell around 4% and Williams-Sonoma dropped 3% after President Donald Trump unveiled a fresh round of tariffs including some that could affect the home-furnishing resellers. Trump announced 50% tariffs on kitchen cabinets and bathroom vanities and 30% tariffs on upholstered furniture.
US stocks were on track for their third day of losses as bond yields spiked and AI excitement wore thin.
Shares slipped 1.7% to $19.45 ahead of the opening bell. Futures tracking the S&P 500 were flat.
BlackRock's spot Bitcoin ETF (IBIT), launched in January 2024, held net assets worth more than $87 billion as of Sep. 24, as per SoSoValue. The world's largest asset manager is also the largest issuer of a Bitcoin ETF.
HSBC said it used IBM's quantum tech in bond trading. IBM stock popped on the news as investors cheered real-world use for quantum computing.
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This cash accumulation strengthens the balance sheet, can be reinvested, and supports buybacks. Qualcomm’s cash flow margin is at 29.3%, resulting
The S&P 500's Shiller P/E ratio cleared 40 for the first time since the dot-com bubble, when it preceded a 49% crash in the benchmark stock index.
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Brunello Cucinelli SpA shares had their steepest drop on record after short seller Morpheus Research alleged the luxury Italian cashmere brand is misleading investors about its Russian business and engaging in “aggressive discounting.
This upward trend indicates increasing investor confidence in NuScale’s distinctive role within the nuclear energy sector, driven by rising
Shares of Coca-Cola have dipped 10% from their 52-week highs, and it could be a buying opportunity for long-term investors.