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Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says.
Kohl’s has “identified key areas of focus,” CEO Ashley Buchanan said.MarketWatch - Mar. 11 -
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.CNBC - Mar. 13 -
Micron shares jump on earnings beat, rosy guidance as data center revenue triples
Micron shares rose in extended trading Thursday after the company reported better-than-expected results and issued guidance that topped estimates.CNBC - 1d -
Macy’s Signals Rocky Year Ahead as Retailers Reckon With Trade War
The largest department store chain in the United States, like many other retailers, has warned that shoppers may be more cautious in the months ahead.The New York Times - Mar. 6 -
Why Kohl’s worst stock drop on record may have been excessive
New Kohl’s CEO Ashley Buchanan has a “meaningful” opportunity to drive improvements at the retailer, says analyst firm Jefferies.MarketWatch - Mar. 12 -
Oracle misses on earnings and issues weak revenue guidance
Oracle missed analysts' expectations for the third quarter.CNBC - Mar. 10 -
Tencent profit surges 90% as it touts AI revenue boost and ramps up spending
Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.CNBC - 3d -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - Mar. 11 -
Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.NBC News - Mar. 10
More from CNBC
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Crypto's long battle with SEC comes to a close with Ripple victory
Ripple said this week that the SEC had officially dropped its four-year-old lawsuit against the company, ending a long battle between the regulator and crypto.CNBC - 1h -
Trump says 'there'll be flexibility' on reciprocal tariffs
President Donald Trump has issued a flurry of tariff announcements since retaking the White House, fanning investor uncertainty and fears of a major trade war.CNBC - 18h -
Heathrow Airport reopens after nearby fire — but travellers told to expect delays
British Airways said it expects around 85% of its Saturday Heathrow schedule to run as planned, but warned customers to expect delays.CNBC - 2h -
Microsoft rallies in last 10 minutes of trading to avoid first eight-week losing streak since 2008
Microsoft faces competition in cloud computing from companies such as Google, which is looking to boost its security business with Wiz.CNBC - 14h -
Elon Musk tells Tesla employees 'hang onto your stock,' urges vandals to 'stop being psycho'
In an all-hands livestreamed meeting on Thursday night, Tesla CEO Elon Musk commented on some of protests and instances of vandalism the company has faced.CNBC - 14h
More in Business
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Heathrow reopens after blaze but airlines warn of more disruption
Airport chief says he is ‘proud’ of response as flights are cancelled because planes and crews are in the wrong placeFinancial Times - 58m -
Take a look inside French luxury retailer Printemps' first U.S. store
Printemps opened a 55,000-square-foot store in New York City with luxury brands and food concepts, including a restaurant and a café with French pastries.CNBC - 1h -
Crypto's long battle with SEC comes to a close with Ripple victory
Ripple said this week that the SEC had officially dropped its four-year-old lawsuit against the company, ending a long battle between the regulator and crypto.CNBC - 1h -
6 Ways to Harness AI When You Write
AI is a fabulous tool for business writers, but it’s only effective if you know how to use it to create engaging and impactful content.Inc. - 1h -
Mark Cuban on AI: What Small-Business Owners Must Do to Stay Competitive
The billionaire entrepreneur shares how artificial intelligence is disrupting jobs and reshaping small-business strategies.Inc. - 1h