Domino’s Pizza reported stronger-than-expected fourth-quarter US same-store sales on Monday, as aggressive promotions and new menu launches helped draw budget-conscious diners, sending shares up about 5% in premarket trading. The pizza chain, however, continues to face investor skepticism, with the stock hovering near its lowest level in more than two years amid broader concerns about […]
US consumer price inflation eased more than expected in January, offering markets some relief, but signs of firm underlying price pressures, along with a strong jobs report has reinforced the view that interest rates are likely to stay unchanged for now. Data from the Labor Department showed consumer prices rose 2.4% in the 12 months […]
Nvidia stock (NASDAQ: NVDA) slid on Friday as traders locked in gains after a strong stretch that had once again made the AI-chip leader a consensus “crowded” winner. The move came as part of a broader bout of profit-taking across semiconductors, with the Philadelphia Semiconductor Index also under pressure. Nvidia stock pullback came as investors […]
Montreal-based Air Canada is seeing a significant increase in corporate traffic, especially on international routes, as Canada seeks to diversify its trading partners away from the United States. “We’re seeing a lot of corporate demand growth on the North Atlantic, seeing almost a 30% increase in the amount of corporate traffic going to Europe and […]
Micron stock (NASDAQ: MU) extended a pullback into Friday after a sharp run that had turned the memory-chip maker into a momentum favorite. Today’s plunge left traders to ask a blunt question: has the rally simply moved too far, too fast? Micron stock had been climbing on a familiar mix: rising memory prices and optimism […]
Rivian Automotive Inc (NASDAQ: RIVN) is pushing aggressively to the upside this morning after recording a blockbuster Q4 that signalled an “inflection point”, but UBS is keeping the champagne on ice. Following the company’s market-beating release, analyst Joseph Spak did blink, upgrading the EV stock to “neutral” – though it came with a heavy dose […]
Tesla stock (NASDAQ: TSLA) was higher on Friday, a notable divergence as Big Tech led a sharp selloff with investors debating whether the AI spending boom is starting to pressure near-term profits. The contrast matters because it suggests Tesla stock is being treated less like a simple “tech beta” trade and more like a stock […]
Pinterest Inc (NYSE: PINS) crashed more than 20% this morning after reporting a “disappointing” Q4 and offering current-quarter guidance that suggested things aren’t expected to improve anytime soon. And while the company’s management attributed much of this weakness to “tariffs,” Citi analysts believe there’s more at play here that could make it difficult for PINS […]
January delivered the kind of mix investors and policymakers have been looking for: inflation cooled even as the labor market kept adding jobs. The US consumer price index rose 0.2% in January and was up 2.4% from a year earlier, while core inflation (which strips out food and energy) rose 0.3% on the month and […]
For decades, Jeffrey Epstein’s Manhattan townhouse functioned as an unofficial annex to some of the world’s most powerful boardrooms. Association with the financier was once treated as a marker of access and influence. That calculus has now reversed sharply. The unsealing of millions of pages of Epstein-related court records and federal filings has transformed old […]