The House passed the reconciliation bill this morning in a 215-214 party-line vote. The bill, among other things, increases the SALT deduction cap to $40,000 (from $10,000), moves up the Medicaid work ...

LOW's Q1 comps decreased by 1.7%, marking a return to negative territory following a positive comp of +0.2% in the previous quarter. Despite this decline, the figure exceeded analyst expectations, ...

The stock market is under some selling pressure this morning. It is nothing extreme, but the equity futures market has a negative bias grounded in deficit and inflation concerns. Currently, the S&P ...

Home Depot's (HD) 1Q26 results marked a rare miss on EPS with the shortfall primarily driven by softer-than-expected demand for big-ticket items as consumers continued to defer large home renovation ...

Amer Sports (AS +17%) is surging to a new post-IPO high today following its Q1 report this morning. This Finland-based athletic company (apparel, footwear, equipment, protective gear, accessories) ...

Sanmina (SANM) is trading sharply lower following the announcement of its $3.0 bln acquisition of ZT Systems' data center infrastructure manufacturing business from Advanced Micro Devices (AMD), ...

The stock market bent yesterday in the wake of the Moody's downgrade of the U.S. credit rating, but it did not break. The same went for the Treasury market, which was instrumental in why the stock ...

Within its Investor Day presentation slides, JPMorgan Chase (JPM) slightly increased its FY25 NII guidance to $94.5 bln from a prior outlook of $94.0 bln, while reaffirming its guidance of ...

Bath & Body Works (BBWI) is taking a step today that investors hope will turn the company's fortunes around. It named Daniel Heaf as its new CEO, effective immediately. In addition, the company ...

The equity futures market is presaging a lower start for stocks, and Treasuries are largely to blame for that on account of a Moody's downgrade of the U.S. credit rating to Aa1 from Aaa that has sent ...