A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan | Getty Images News | Getty Images DETROIT — Shares of CarMax were down by more than 20% in early trading Thursday after the used auto retailer missed Wall Street’s quarterly earnings and revenue expectations. The company’s results included earnings …
Read More »NEW YORK (AP) — U.S. stock indexes drifted lower on Wednesday as a seemingly relentless rally on Wall Street takes at least a pause. The S&P 500 slipped 0.3% for a second straight, modest loss. The Dow Jones Industrial Average dropped 171 points, or 0.4%, and the Nasdaq composite fell 0.4%. All three are still near their all-time highs, which …
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By BRITTANY CHAIN, US SENIOR REPORTER Published: 04:24, 23 September 2025 | Updated: 04:26, 23 September 2025 A hedge fund manager dubbed Wall Street’s ‘crash guy’ has sounded the alarm over the current state of the economy after spotting similarities with the 1929 market before it went into meltdown. Mark Spitznagel, president and chief investment officer of Universa Investments, issued …
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The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Arete upgraded Baidu (BIDU) to Buy from Sell with a $143 price target. AI chips remain under-supplied within China and Baidu’s Kunlun chip venture has …
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When things seem too good to be true for the stock market, they usually are. Move over, Superman! The only thing more powerful than a locomotive at the moment is the U.S. stock market, which, seemingly faster than a speeding bullet, has rallied to new heights. When the closing bell tolled on Sept. 11, the benchmark S&P 500 (^GSPC -0.05%), …
Read More »Klarna’s Market Debut Shows Wall Street’s Renewed Appetite for I.P.O.s The New York Times Klarna stock jumps 16% in NYSE debut, valuing BNPL leader at $17.5 billion Yahoo Finance Klarna raises $1.37 billion in US IPO, boosting fintech hopefuls Reuters Klarna Delivers $2.7 Billion Gain to VC Investor Sequoia Capital Bloomberg.com Klarna shares surge 30% on Wall Street debut as Americans ditch credit cards …
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WASHINGTON — The F-35 is the most advanced fighter jet on the planet, capable of waging electronic warfare, of dropping nuclear weapons, of evading the surveillance and missile defenses of America’s most fearsome enemies at supersonic speeds. Ten of them are being deployed by a newly branded War Department to Puerto Rico to combat drug traffickers in dinghies. It is the latest …
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President Donald Trump point to a G20 Miami 2026 poster as he speaks in the Oval Office of the White House, Friday, Sept. 5, 2025, in Washington. Alex Brandon / AP President Donald Trump on Friday said Portland could be one of the next cities he’ll target with National Guard troops. When asked at a press briefing if he’d decided …
Read More »Wall Street’s Bet Against the Trump Tariffs The New York Times Trump Is Trying to Blackmail the Supreme Court Politico If Trump’s biggest tariffs get thrown out, companies could get a refund – but not consumers The Seattle Times Trump says US may have to ‘unwind’ trade deals and will ‘suffer greatly’ if it loses tariff case Reuters Trump asks Supreme Court to quickly …
Read More »Jane Street’s $10.1 Billion Trading Haul Sets Wall Street Record Bloomberg.com Source link
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