Thursday was a little bit of everything. France’s women’s boxing team got sidelined at the World Championships, American Eagle stock popped on the Sydney Sweeney campaign, US Justice Department has opened a criminal probe into Fed Governor Lisa Cook, and Bitcoin dipped below $110,000 as traders stayed cautious.A glance at…
Shares of Shoe Carnival (NASDAQ: SCVL) rallied by 18% on Thursday after the footwear retailer reported second-quarter 2025 earnings that exceeded profit forecasts, overshadowing weaker revenue and a reduction in full-year sales guidance.Strong earnings, weaker salesThe company posted earnings per share (EPS) of $0.70 for the quarter, surpassing consensus estimates…
The US financial and political landscape was active on Thursday, with developments spanning high-profile legal battles, renewable energy disputes, labor market data, and a strong session for equities. New York’s attorney general is pushing to reinstate a $464 million fraud penalty against former President Donald Trump, while renewable energy developer…
A cloud of uncertainty that has long shadowed the global trade landscape has finally lifted, as President Donald Trump signed an executive order formalizing a landmark trade pact with Japan, unleashing a powerful wave of relief that is sending Asian markets surging on Friday. This stunning breakthrough, coupled with a…
A day of significant developments is underway, as a major breakthrough in the US-Japan trade war sends auto stocks soaring, President Donald Trump hosts the titans of Silicon Valley for a high-stakes AI summit at the White House, and a new front opens in the artificial intelligence arms race with…
The ink is finally dry. After weeks of tense haggling that had cast a shadow over the global trade landscape, President Donald Trump signed an executive order on Thursday, formalizing a landmark trade agreement with Japan that provides crucial tariff relief for the nation’s powerhouse auto sector. But even as…
In a rare and powerful display of his deepening relationship with Silicon Valley, President Donald Trump hosted the titans of the technology industry for a lavish White House dinner, where he basked in their multi-billion dollar investment pledges and, in turn, promised to clear the path for their domination of…
A fragile sense of optimism is gracing European markets at the start of the final session of a turbulent week, with stocks poised to open higher as investors cling to the promise of an imminent US interest rate cut. But this is a rally on a knife’s edge, as the…
Tesla Inc. has proposed a new compensation plan for Chief Executive Elon Musk that could be worth about $1 trillion if all performance targets are met, according to a proxy filing released Friday.The proposed package would be without precedent in corporate America and is intended to keep Musk at the…
The plot has thickened for the tumbling Figma stock price as the post IPO freefall accelerated after the company published its earnings report. FIG plunged by 14% to $58, down by over 52% from its all-time high, bringing its market capitalization to below $30 billion.Figma stock plunges despite strong numbersFigma…









