American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it contends with slow sales, steep discounting and an uncertain economy. The apparel retailer said it expects revenue in the first quarter, which ended in early May, to be around $1.1 billion, a decline of about 5% compared to ...
Sarama Resources (SRR:AU) has announced Q1 2025 Management’s Discussion and Analysis Download the PDF here. This post appeared first on investingnews.com ...
Solana price broke above $180 as Pump.fun’s new revenue-sharing model renewed bullish momentum and creator-driven trading activity. Solana (SOL) Breached $180 amid Pump.fun Revenue Sharing Update Solana climbed to $183.61 Tuesday, gaining 5.8% as Pump.fun announced its new 50% revenue sharing initiative for coin creators. The platform will now distribute 0.05% in SOL per trade to eligible creators, a move ...
Canadian Prime Minister Mark Carney unveiled his new cabinet at Rideau Hall in Ottawa on Tuesday, saying that his ministry will have a “primary focus” on the country’s economy after a whirlwind election catalyzed by tariffs and annexation threats from the United States. “Canadians elected this new government with a strong mandate to define a new economic and security relationship ...
For months, investors have been on edge over U.S.-China tariff tensions, bracing for everything from fears of empty shelves to rising prices. But after this weekend’s trade talks, where both sides agreed to temporary tariff cuts (emphasis on temporary), stocks surged. On Monday, the Dow Jones Industrial Average ($INDU) jumped 1,160 points, while the S&P 500 ($SPX) and Nasdaq Composite ...
The U.S. State Department has determined and certified Cuba as a ‘not fully cooperating country’ (NFCC) for not helping with counterterrorism efforts after the island nation failed to turn over at least 11 fugitives in 2024 to U.S. custody. State Department spokesperson Tammy Bruce made the announcement on Tuesday that the certification, which falls under Section 40A of the Arms ...
Microsoft on Tuesday said that it’s laying off 3% of employees across all levels, teams and geographies. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a Microsoft spokesperson said in a statement to CNBC. The company reported better-than-expected results, with $25.8 billion in quarterly net income, and an upbeat forecast in late April. Microsoft ...
John Feneck, portfolio manager and consultant at Feneck Consulting, shares his updated outlook for gold and silver prices, outlining key support and resistance levels. He also discusses precious metals and critical minerals stocks that he’s watching. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com ...
New York is mirroring the United States’ embrace of Bitcoin to unfurl its ambitions to become the crypto capital of the world. NYC Mayor Eric Adams is at the center of the Bitcoin push, taking swipes at critics while confirming the city’s first-ever Crypto Summit. New York’s Mayor Unveils Ambitious Bitcoin And Cryptocurrency Plans For The City While the US ...
In his first interview since India and Pakistan agreed to a ceasefire Saturday, Dar said Islamabad “had no choice” but to launch strikes in “self-defense” following India’s May 7 cross-border attacks. Last week’s escalatory tit-for-tat strikes marked the worst fighting between the two nuclear-armed nations since 1971, killing dozens and deepening fears of a wider conflict. Dar referred to India’s ...
In this in-depth walkthrough, Grayson introduces the brand-new Market Summary Dashboard, an all-in-one resource designed to help you analyze the market with ease, speed, and depth. Follow along as Grayson shows how to take advantage of panels, mini-charts, and quick scroll menus to maximize your StockCharts experience. This video originally premiered on May 12, 2025. Click on the above image ...
House Republicans have seemingly dropped plans for a new millionaire’s tax hike to pay for other priorities in President Donald Trump’s ‘big, beautiful bill.’ The Ways & Means Committee, the House’s tax-writing panel, released nearly 400 pages of legislation on Monday, setting the stage for permanently extending Trump’s 2017 Tax Cuts and Jobs Act (TCJA), as well as a host ...