Dollar Tree Inc (NASDAQ: DLTR) is inching up this morning after confirming the sale of “Family Dollar” that has long been a burden on its overall financials.The discount retailer reported a wider-than-expected loss for its fiscal Q4 today, but investors are focusing more on the Family Dollar news.“It’s absolutely what…
Dollar Tree Inc. has announced the sale of its struggling Family Dollar business for $1 billion to investment firms Brigade Capital Management and Macellum Capital Management. Dollar Tree Inc.’s stock climbed 3.4% early Wednesday to lead S&P 500 premarket gainers, however, at 9:08 am pre-market, it was up by only…
Playtika (NASDAQ: PLTK) shares jumped more than 21% after Bank of America issued a double upgrade on the Israeli-based mobile game developer, raising its rating from Underperform to Buy.The upgrade reflects confidence in Playtika’s profitability, financial strength, and long-term growth prospects within the mobile gaming industry.“PLTK boasts the industry’s highest…
Brazil has postponed its plan to tax major tech firms over concerns that it could be seen as retaliation against escalating US trade threats from President Donald Trump.According to Reuters, sources familiar with the matter said Brazil now intends to push forward a new legislative proposal aimed at regulating competition…
Dunne Insights chief executive Michael Dunne continues to see several reasons to hope for further upside in BYD even though the EV stock has already soared some 100% in the trailing 12 months.For one, the Chinese electric vehicle giant is “achieving the most explosive growth we’ve seen in the auto…
US President Donald Trump has announced new import tariffs of 25% on cars and car parts, a move that threatens to escalate global trade tensions. The tariffs will take effect on April 2 for vehicle imports, with levies on parts expected to follow in May or later. Trump defended the…
Next has become one of the few British retailers to surpass £1 billion in annual profit, reporting a pre-tax figure of £1.011 billion for the year ending January. This marks a 10.1% increase from the previous year’s £918 million, placing the high street fashion retailer in the same league as…
The Australian Competition and Consumer Commission (ACCC) issued a warning on Thursday, highlighting the potential for a gas supply shortage on Australia’s east coast during the winter season (July-September). This shortfall could occur if producers of liquefied natural gas (LNG) choose to export all of their uncontracted gas. The ACCC’s statement underscores…
Elon Musk has once again secured the title of the world’s richest person, according to the Hurun Global Rich List 2025 with the Tesla and SpaceX chief’s net worth surging to $420 billion, cementing his dominance among global billionaires.While Musk maintained his lead, the rankings witnessed a major shakeup with…
The crypto market continued doing well on Thursday as demand from retail investors rose. Many of these investors are simply buying the dip after these coins crashed by double digits from their highest levels in November last year. This article provides a forecast for some popular crypto coins like Jasmy,…