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The Latest Breaking News on Business

Nearly all Gen Z workers in survey admit to using A.I.

A whopping 93 percent of Gen Z workers use A.I. tools each week, as well as the majority of millennials

The Independent UK

Bitcoin Hits $99K As Donald Trump Replaces SEC Chair, Eyes Crypto Payments For Truth Social

Donald Trump fulfilled his pledge to replace SEC Chair Gary Gensler, who is known for clashing with top crypto companies.

International Business Times UK

Dollar Tumbles with Bond Yields as Trump Nominates Bessent as Treasury Secretary

The dollar index (DXY00 ) on Monday fell by -0.70%. The dollar tumbled Monday after President-elect Trump picked Scott Bessent as the new US Treasury Secretary. Bessent is seen as a fiscal hawk and favors less government spending and more gradual tariffs, a negative factor for the dollar. Also, Bessent’s...

Barchart

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US-Google Face Off As Ad Tech Antitrust Trial Comes To Close

Google and the US government faced off in a federal court on Monday, as each side delivered closing arguments in a case revolving around the technology giant's alleged unfair domination of online advertising.

International Business Times

Commerce Department to reduce Intel's funding on semiconductors

The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private conversations

The Independent UK

US plans to shrink Intel's $8.5B CHIPS funding to below $8B — restructuring takes into account chipmaker's $3.5B contract to make chips for the military

The U.S. government plans to reduce Intel's $8.5 billion CHIPS and Science Act grant to below $8 billion.

Tom’s Hardware

Look to Target’s (TGT) Unusual Options Activity as a Potential Buying Opportunity

While the big-box retailer’s earnings results left much to be desired, TGT stock may be a recovery play in the making.

Barchart

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Hubbell Stock: Is Wall Street Bullish or Bearish?

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

Barchart

Do Wall Street Analysts Like IQVIA Holdings Stock?

IQVIA Holdings has underperformed the broader market over the past year, but Wall Street analysts are bullish about the stock’s prospects.

Barchart

HCA Healthcare Stock: Analyst Estimates & Ratings

HCA Healthcare has underperformed the broader market this year, but analysts remain optimistic about the stock's prospects.

Barchart

Macy's Delays Quarterly Report After Employee Hides Millions

Macy's stock is lower Monday after the retailer said it delayed its third-quarter results after finding a major accounting error linked to a single employee. Here's what you need to know.

Kiplinger

Macy’s says single employee was responsible for hiding up to $154m in expenses

Largest US department store chain delays release of quarterly earnings report to investigate ‘erroneous accounting entries’

The Guardian - US

What's Going On With Nordstrom (JWN) Stock?

Nordstrom will deliver insights into its Q3 results Tuesday after-hours. In Q2, the company outperformed earnings expectations with EPS of $0.96.

Benzinga

Bath & Body Works Delivers Growth Amid Challenges, Beats Q3 Expectations And Lifts 2024 Projections

BBWI shares up after reporting better than expected Q3 results and raising 2024 outlook. Sales and earnings beat analyst estimates.

Benzinga

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news in one place.

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Benzinga

US Stocks Likely To Open On A Positive Note As Trump's Treasury Secretary Pick Uplifts Investor Sentiment: Expert Says 'Bull Market Is Alive And Well'

U.S. stocks could get off to a positive start on Monday amid upbeat investor sentiment spurred the Dow Jones to close at a new record high on Friday.

Benzinga

Macy's Delays Q3 Earnings Report Amid Investigation Over $154M Accounting Scandal; Stock Dips

Macy's reports 3Q preliminary results with a 2.4% decline in net sales, weak performance in non-First 50 locations and digital channels, and an accounting error.

Tom’s Hardware

Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff

Intel set to consolidate its properties worldwide as part of the strategy to cut costs.

Investors Business Daily

Amazon Stock Rises. Why The Tech Giant Could Have A Black Friday Advantage.

Amazon is kicking off its Black Friday deals early to cash in on a shorter time frame to buy gifts.

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news in one place.

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The Independent UK

Macy’s says accounting worker hid up to $154 million in expenses

The company did provide some preliminary results for its third quarter

Barchart

What Are Wall Street Analysts' Target Price for A. O. Smith Stock?

A. O. Smith underperformed the broader market over the past year, and Wall Street analysts remain cautious about the stock’s prospects.

SportsCasting

Connecticut’s $229.5 million sports betting handle in October was a new monthly record

For the second consecutive month, sportsbooks across Connecticut set a new record for the most amount wagered.

Barchart

Charter Communications Stock: Analyst Estimates & Ratings

Charter Communications has notably lagged behind the broader market this year, and Wall Street analysts remain cautious about the stock's future outlook.

TechRadar

Companies are feeling the urge to get up to speed with AI - but many simply aren't ready

The need to be on the ball with AI is greater than ever, Cisco report finds.

Barchart

Monday Morning Markets: Did the World End this Past Weekend?

There were indications, other than the lack of nuclear mushrooms, that the Blue Marble we call earth was still turning Monday morning. Most notably gold and the wheat markets.

Barchart

West Pharmaceutical Services Stock Outlook: Is Wall Street Bullish or Bearish?

West Pharmaceutical Services has substantially underperformed the broader market year over the past year, yet analysts remain bullish on the stock’s prospects.

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