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The Latest Breaking News on Business

Trump Brings Back Government By Social Media

He is not yet in power but President-elect Donald Trump rattled much of the world with an off-hours warning of stiff tariffs on close allies and China -- a loud hint that Trump-style government by social media post is coming back.

International Business Times

Are Wall Street Analysts Predicting O'Reilly Automotive Stock Will Climb or Sink?

O'Reilly Automotive has outpaced the broader market in 2024, yet analysts remain cautiously bullish on the stock’s prospects.

Barchart

Is The Reason Behind Berkshire Hathaway’s $325 Billion Cash Position Finally Revealed After $2 Billion Hurricane Loss?

Warren Buffett’s Berkshire Hathaway (BRK.A) (BRK.B) has reached a new milestone, amassing a record-breaking $325.2 billion in cash reserves by the end of the third quarter of 2024. The historic cash pile reflects a cautious strategy driven by significant portfolio moves and the impact of natural disasters on the conglomerate’s...

Barchart

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Warren Buffett Offloads Billions in Apple, Bank of America, and Charter But Loves These Boring Businesses

Warren Buffett, the legendary investor and chairman of Berkshire Hathaway (BRK.A) (BRK.B) , made significant moves in his portfolio during the third quarter of 2024, focusing largely on reducing holdings across several major companies. The activity, which included some complete sell-offs, signals a cautious strategy amid economic uncertainty. Major Sales...

Barchart

Is Wall Street Bullish or Bearish on Cintas Stock?

Cintas has outpaced the broader market over the past year, yet analysts remain cautiously optimistic about the stock’s prospects.

Barchart

Ransomware attack on Blue Yonder hits Starbucks, grocery stores across the world

A major supply chain management company was hit with ransomware, sending ripples throughout the business world.

TechRadar

Kohl's Stock Spirals on Earnings Miss, CEO Switch: What to Know

Kohl's stock is sinking Tuesday after the retailer missed Q3 earnings expectations, slashed its full-year outlook and announced a C-suite shakeup.

Kiplinger

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Walmart Caves To Right And Cuts DEI Programs: 'We Aren't Perfect'

The world's largest retailer joins a growing list of corporations that have ended the initiatives after being targeted by right-wing activists

International Business Times

Anti-Woke Activists Celebrate as Walmart Becomes Largest Company to End Pro-Inclusion Policies: 'Biggest Win Yet for Our Movement'

Walmart will soon become the world's largest retailer to retract diversity, equity and inclusion policies following criticism received from conservative commentators aiming to perpetuate "anti-wokeness."

Latin Times

Consumer Confidence Hits 2-Year High As Recession Fears Fade: Stock Market Optimism Soars To Record High

Consumer confidence reaches highest level in 2 years, driven by labor market optimism and record-low recession fears. Stock market confidence also at record high.

Benzinga

Dell Q3 Earnings Preview: Market Expert Says 'It's All About That Guide'

Dell Technologies reports Q3 results after market close Tuesday Nov. 26. A look at key items to watch and where shares could go on a strong report.

Benzinga

Abercrombie & Fitch's Global Growth Powers Q3 Beat, Outlook Raised For 2024

Abercrombie & Fitch Co reports strong Q3 earnings, beating analyst estimates with sales up 14% and EPS of $2.50. Raised full year outlook.

Benzinga

Is Wall Street Bullish or Bearish on Prudential Financial Stock?

Prudential Financial has underperformed the broader market this year, and Wall Street analysts are cautious about the stock’s prospects.

Barchart

Bitcoin Retreats From Resistance At $100K, Ultra-Short ETF Sees Record Flows

Bitcoin continues to retreat from its record high after meeting resistance at $100,000. Short bitcoin ETF inflows jump as price falls.

Investors Business Daily

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The Guardian - US

Walmart to phase out DEI initiatives amid escalated attacks from conservatives

Company will no longer consider race and gender when making offers to suppliers and will remove LGBTQ+ merchandise

Benzinga

How To Earn $500 A Month From Dell Stock Ahead Of Q3 Earnings

Dell Technologies Inc. (NYSE: DELL) will release its Q3 earnings results on Tuesday after the closing bell. Dell offers an annual dividend yield of 1.23%, which could generate a monthly dividend income of $500 with approximately $486,000 worth of Dell shares.

Investors Business Daily

Woodward Scores Breakout On Record Report; Musk Taunts F-35 Makers

Defense supplier Woodward rallied, scoring a breakaway gap on earnings. F-35 contracts continue sliding after Elon Musk criticism.

The Independent UK

Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories

U.S. President-elect Donald Trump has threatened to sharply raise tariffs on all Chinese imports and close some loopholes Chinese exporters currently use to sell their products more cheaply in the U.S. If enacted, his plans would likely raise prices in America and squeeze sales and profit margins for Chinese exporters

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Benzinga

Amid Trump's Plans To Impose 25% Tariffs, Mexico Fears BYD New Factory In Country Would Send Wrong Message: 'Investments From China Have To Be Analyzed With Extreme Caution'

Amid rising tensions over trade policies, Mexico faces a dilemma regarding a potential investment from Chinese electric vehicle manufacturer BYD (OTC:BYDDY) (OTC:BYDDF). This comes as President-elect Donald Trump plans to impose a 25% tariff on Mexican goods, raising concerns about the implications of hosting a Chinese EV factory.

Benzinga

Kohl's Q3 Misses The Mark: Weak Sales And CEO Shake-Up Send Shares Down

Kohl's reported Q3 earnings, with net sales down 8.8%, operating income at $98 million, and EPS of $0.20. CEO transition process announced.

Benzinga

Best Buy Says Q3 Sales 'Little Softer Than Expected' On Lower Demand For Appliances And Gaming, Trims Annual Forecast

Best Buy's Q3 results show declining sales and earnings, with FY25 guidance trimmed due to softer-than-expected demand and macro uncertainties.

Barchart

Do Wall Street Analysts Like Regeneron Pharmaceuticals Stock?

Despite Regeneron Pharmaceuticals’ underperformance relative to the broader market over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.

Barchart

Arthur J. Gallagher Stock: Analyst Estimates & Ratings

Despite Arthur J. Gallagher’s underperformance relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

What Are Wall Street Analysts' Target Price for Mohawk Industries Stock?

Mohawk Industries has outpaced the broader market over the past year, and analysts remain moderately bullish on the stock’s prospects.

Barchart

Are Wall Street Analysts Bullish on Pool Corporation Stock?

Pool Corporation has lagged behind the broader market over the past year, yet analysts remain moderately bullish on the stock’s prospects.

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