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dick's sporting goods raises sales outlook after strong back to school season

Dick’s Sporting Goods Inc. has raised its full-year sales outlook following a successful back-to-school season driven by strong demand for sports gear. The retailer anticipates net sales could reach up to $13.3 billion, with comparable store sales expected to rise between 3.6% and 4.2%. Earnings per diluted share are projected to be in the range of $13.65 to $13.95.
bloomberg.com
United States Dollar DICK'S Sporting Goods, Inc. USA Show more
Finance & Economy, Market Report
13:18 26.11.2024

Hennessy halts plan to ship cognac vats to China amid strikes

Hennessy has halted its plan to ship Cognac in vats to China, a strategy aimed at circumventing tariffs. This decision follows a strike by workers at the LVMH label in France, prompting management to suspend the shipments that were set to occur shortly.
bloomberg.com
LVMH Moet Hennessy Louis Vuitton SE CHN FRA Frederic Merceron
Finance & Economy, News Article
13:15 26.11.2024

three habits for introverts to build wealth and achieve success

Bernadette Joy, a self-made millionaire and CEO of Crush Your Money Goals, emphasizes the importance of self-advocacy for introverts in building wealth. She shares three key online habits, including regularly updating her LinkedIn profile and creating content to showcase her expertise, which have helped her succeed in her coaching business. Joy's journey includes paying off $300,000 in debt and helping others achieve financial peace through her coaching.
CNBC
United States Dollar Simon and Schuster LinkedIn YouTube USA Show more
Finance & Economy, Blog Post
13:15 26.11.2024

amgen's mariTide shows promise with up to 20 percent weight loss in trial

Amgen's experimental obesity drug, MariTide, demonstrated an average weight loss of up to 20% after one year in a mid-stage trial, with no observed plateau. The trial also explored various dosing regimens, including less frequent injections, as the company aims to compete in the growing obesity drug market. Despite promising results, Amgen's shares fell as the outcomes were at the lower end of expectations.
CNBC
United States Dollar Amgen Inc. Novo Nordisk A/S Eli Lilly and Company USA DNK Jay Bradner Show more
Healthcare, Market Report
13:14 26.11.2024

Amgen obesity drug trial shows 20 percent weight loss but disappoints investors

Amgen Inc.'s experimental obesity drug, MariTide, led to a weight loss of up to 20% in a yearlong trial involving 592 obese patients, both with and without diabetes. However, the results disappointed investors who expected greater weight loss, causing a decline in the company's shares. Approximately 11% of participants discontinued treatment due to adverse events.
Bloomberg.com
Amgen Inc. USA
Healthcare, Market Report
13:10 26.11.2024

best buy revises full-year forecast amid declining sales expectations

Best Buy Co. has revised its full-year forecast downward due to weak demand for electronics and appliances, indicating challenges in its turnaround efforts. The retailer now anticipates comparable sales to decline between 2.5% and 3.5%, a shift from its earlier estimate of a 1.5% to 3% decline.
Bloomberg.com
Best Buy Co., Inc. USA
Finance & Economy, Market Report
13:10 26.11.2024

kohl's lowers sales forecast amid declining apparel and footwear demand

Kohl’s Corp. has reduced its full-year sales forecast due to declining demand in its apparel and footwear sectors. As a result, the stock plummeted 11% in premarket trading, marking a 36% decline for the year, in stark contrast to a 26% gain for the Russell 1000 Index.
bloomberg.com
Kohl's Corporation Russell 1000 Index USA
Finance & Economy, Market Report
13:08 26.11.2024

the decline of big tech and the rise of independent alternatives

Big Tech is facing a reckoning as critiques from diverse political and economic sectors converge, highlighting issues like centralization and privacy erosion. The faltering AI market and growing public demand for privacy are fueling the push for alternative, democratic tech solutions, supported by innovative funding models and independent initiatives. As Big Tech's dominance wanes, a new ecosystem focused on genuine innovation and public benefit is poised to emerge.
WIRED
Sequoia Capital Microsoft Corporation The Goldman Sachs Group, Inc. Signal Y Combinator Will Knight Show more
Technology & Innovation, Blog Post
13:05 26.11.2024

tpc green energy ipo set for muted debut amid market volatility

NTPC Green Energy shares are set to debut on November 27, following a successful IPO that was subscribed 2.42 times, indicating strong interest from non-institutional and retail investors. Analysts suggest the company, a 'Maharatna' public sector enterprise with a focus on renewable energy, presents a solid long-term investment opportunity, though caution is advised for short-term traders due to modest grey market premiums and concerns over high valuations.
Moneycontrol
Ntpc Green Energy Ltd. IND Shivani Nyati
Finance & Economy, Market Report
13:04 26.11.2024

ftware stocks surge as semiconductor sector faces challenges under trump administration

Tech investors are shifting focus from semiconductor stocks to software, driven by concerns over high valuations and trade war risks under the incoming Trump administration. The President-elect's plans for additional tariffs have further dampened sentiment in the chip sector, while software benefits from lower tariff exposure and the growing influence of artificial intelligence in services.
bloomberg.com
Apple Inc. Microsoft Corporation USA Donald Trump
Technology & Innovation, Market Report
13:01 26.11.2024
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