Consumer Discretionary

Benzinga Can Bitcoin Push Past $32K This Year? Crypto Analyst Says 'We Can Break It' On 'Best Fundamental News' A pseudonymous crypto analyst on Thursday said that Bitcoin (BTC/USD) could soon break out of its "indecision zone" and push past a crucial resistance...

Lululemon Athletica Inc (NASDAQ: LULU) is struggling to find a buyer for the fitness product Mirror, although the company lowered the price of the asset. The company decreased the value it paid for the device by around 90% to just $58 million, as per NY Post. In June 2020, the company...

(Thursday market open) A surprise 50-basis-point rate hike this morning from the Bank of England (BoE) and more tough talk yesterday from Federal Reserve Chairman Jerome Powell combined to pressure stocks early Thursday. Major indexes are lower for the fourth day in a row as...

U.S. stock futures traded mixed this morning. Here are some big stocks recording losses in today’s pre-market trading session. Zura Bio Limited (NASDAQ: ZURA) shares tumbled 7.7% to $11.82 in pre-market trading after jumping 35% on Tuesday. Cabaletta Bio, Inc. (NASDAQ: CABA) shares dipped 7....

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Winnebago Industries, Inc. (NYSE: WGO) to report quarterly earnings at $1.83 per share on revenue of $961.04 million before the opening bell...

U.S. housing starts in May saw the highest increase since 2016, along with an uptick in applications to build, indicating a rejuvenation of residential construction. What Happened: Data issued by the Federal Reserve of St. Louis showed a 21.7% jump in the initiation of home construction, reaching...

With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects FedEx Corporation (NYSE: FDX) to report quarterly earnings at $4.89 per share on revenue of $22.77 billion after the closing bell. FedEx shares...

The CNN Money Fear and Greed index showed a slight decline in overall sentiment among U.S. investors on Friday. U.S. stocks closed lower on Friday, with the S&P 500 breaking its six-session win streak. However, the benchmark index still recorded weekly gain, also notching fifth positive week in...

JMP Securities analyst Aaron Hecht reiterated a Market Outperform rating on the shares of Lennar Corp (NYSE: LEN) and raised the price target from $115 to $135. The company's 2Q23 normalized EPS of $2.94 beat the analyst consensus, and the revenue of $8.04...

Reports have surfaced that world-renowned producer, director, actor, screenwriter and entrepreneur Tyler Perry has finalized a deal to purchase BET and VH1 from Paramount Global (NASDAQ: PARA) (NASDAQ: PARAA). Amid unconfirmed reports, let's delve into the most recent news and...

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Stitch Fix, Inc. (NASDAQ: SFIX) with a price target of $5.  Stitch Fix recently appointed Matt Baer as its Chief Executive Officer and a member of the Board of Directors, effective...

(Thursday market open) The relentless rally took a breather this morning following the Federal Reserve’s “hawkish pause.” Treasury yields rose, putting pressure on the red-hot info tech sector in premarket trading. The main takeaway from Wednesday’s Federal Open...

Jerome Powell said the FED’s forecasts have been wrong on inflation the last 2 years. Now he’s saying rate cuts aren’t going to happen for another couple years. Can we really depend on these projections anymore? Market Prices as of 4 pm EST, 6/14/23 Macro Mortgage demand picked...

Shares of Peloton Interactive (NASDAQ: PTON) reached their all-time high prices of $170.09 per share in January 2021; after a whole two years of facing challenging economic environments and a stern test to their value proposition, the stock is selling for below $10 to mark a 95%...