Consumer Discretionary

Macy's Inc (NYSE: M) has unveiled an accelerated expansion of its small-format store strategy, potentially tripling the total number of its small-format stores through fall 2025. The company will open up to 30 new small-format locations nationwide starting from 2024. The expansion is...

Toys R Us is reportedly gearing up for a robust re-entry into the U.S. market.  The iconic toy retailer is strategizing to enhance its physical store count, with ambitions to launch as many as 24 new stores, according to a report from CNBC. The brand is also exploring novel...

The most overbought stocks in the consumer discretionary sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock...

Raymond James analyst Rick B. Patel sees Lululemon Athletica Inc's (NASDAQ: LULU) (Strong Buy rating) partnership with Peloton Interactive Inc (NASDAQ: PTON) as an incremental positive, with the negative impact of MIRROR already reflected in the stock. Yesterday,...

Morgan Stanley analyst Stephen W Grambling reiterated an Overweight rating on the shares of Marriott International Inc (NASDAQ: MAR) with a price target of $225. At the investor's day, MAR's management noted that the strong near-term demand trends position them to...

The Nasdaq 100 closed higher by around 0.2% on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider...

Peloton Interactive Inc (NASDAQ: PTON) shares are popping after the close on Wednesday after the connected fitness company announced a five-year deal with Lululemon Athletica Inc (NASDAQ: LULU). What Happened: Pelton and Lululemon announced a five-year strategic...

Morgan Stanley analyst Megan Alexander initiated coverage on the shares of Mattel Inc (NASDAQ: MAT) with an Overweight rating and announced a price target of $27. The toy industry went through a difficult holiday season in 2022, with store point of sale (POS) down ~5% in 4Q...

Morgan Stanley analyst Stephen W Grambling has reiterated an Overweight rating on the shares of Marriott International Inc (NASDAQ: MAR) with a price target of $225. MAR is set to host its first investor day in over four years on September 27 in Miami. During prior analyst days...

Dick's Sporting Goods Inc (NYSE: DKS) disclosed its intentions to onboard 8,600 seasonal teammates across the nation in anticipation of the upcoming holiday season. Last year, the athletic-wear chain had marked a target of hiring 9,000 interim staff for the festive rush. The...

Gainers TransCode Therapeutics, Inc. (NASDAQ: RNAZ) shares jumped 308% to $2.71 after the company announced pre-clinical gliblastoma results with its lead candidate, TTX-MC138. FaZe Holdings Inc. (NASDAQ: FAZE) gained 46.9% to $0.2247 after falling over 4% on Friday. Avalo Therapeutics, Inc. (...

Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), with the unchanged price target of $450. Despite significant growth over the past two years, Lululemon continues to see strength in its accessories business,...

The Nasdaq 100 closed lower by more than 200 points on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced...

(Tuesday market open) Narrow, choppy trading typical of the days approaching a Federal Reserve interest rate decision seems likely to continue Tuesday. The Fed meeting begins today and concludes tomorrow, with markets baking in a likely pause in rate hikes, yet investors remain on edge about...

Chances of MGM Resorts International (NYSE: MGM) to win two of the three coveted full-scale casino licenses in New York city has reportedly become complicated after an alleged bookmaking scandal that's unfolding in Las Vegas. MGM Grand and Resorts World, operators, respectively, of...