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Macy’s Shares Soar as Q2 Results and Revenue Beat Estimates
Macy’s Inc. (NYSE:M) shares jumped 11% in premarket trading Wednesday after the department store chain reported second-quarter results that surpassed expectations and raised its full-year guidance, fueled by its strongest comparable sales growth in three years. The retailer posted adjusted earnings of $0.41 per share, well above analyst estimates of $0.19. Revenue reached $4.8 billion,…
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J.Jill Surpasses Q2 Estimates, Issues Cautious Outlook for Next Quarter
J.Jill (NYSE:JILL) reported second-quarter results that exceeded analyst expectations but provided a cautious sales forecast for the third quarter of fiscal 2025. Shares slipped slightly in premarket trading on Wednesday. The retailer posted Q2 earnings of $0.81 per share, surpassing the average analyst estimate of $0.76, on revenue of $154 million, compared with the consensus…
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Dollar Tree Exceeds Q2 Expectations on 6.5% Same-Store Sales Growth
Dollar Tree, Inc. (NASDAQ:DLTR) reported second-quarter results that substantially surpassed analyst expectations, supported by strong same-store sales and margin improvement. The discount retailer’s shares rose 0.7% in premarket trading following the announcement. For the quarter ending August 2, 2025, Dollar Tree posted adjusted earnings of $0.77 per share, well above the analyst estimate of $0.40.…
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Dow Jones, S&P, Nasdaq, Futures, Alphabet Leads Pre-Market Gains as Wall Street Eyes Rebound
U.S. stock futures indicate a higher open on Wednesday, as investors look to recoup losses from the past two sessions. Alphabet (NASDAQ:GOOGL) is at the forefront of pre-market activity, climbing 6.9% following a favorable antitrust ruling. A federal judge determined that Google will avoid the most severe penalties in a landmark case. U.S. District Judge…
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Small-cap inflows surge to near-record levels after Jackson Hole, says BofA
Investors poured money into U.S. small-cap stocks in the week following the Jackson Hole conference, marking one of the strongest inflow weeks on record, according to Bank of America Securities. The bank reported that its clients were significant net buyers of U.S. equities overall, with $2.3 billion directed into individual stocks and another $2.1 billion…
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U.S. mortgage demand slips 1.2% despite cheaper borrowing costs
Mortgage applications in the United States edged lower last week, even as borrowing costs declined to multi-month lows, data from the Mortgage Bankers Association (MBA) showed Wednesday. For the week ending August 29, 2025, the MBA’s Market Composite Index, which tracks mortgage loan application volume, dropped 1.2% on a seasonally adjusted basis from the prior…
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Bitcoin breaks $111,000 as downtrend ends, lifted by ETF inflows and corporate buying
Bitcoin (COIN:BTCUSD) pushed higher on Wednesday, September 3, 2025, breaking out of its recent downtrend and reclaiming key technical levels. The world’s largest cryptocurrency traded at $111,486 by 8:30 a.m. Brasília time, up 1.4% over the past 24 hours, after swinging between $108,538 and $111,653. On the hourly chart, BTC has recovered the psychological $110,000…
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Gold climbs to record highs amid political uncertainty and expectations of Fed rate cuts
Gold extended its rally on Wednesday, September 3, 2025, briefly topping $3,546.99 per ounce before settling around $3,537.29 at 5:21 a.m. Brasília time. U.S. December gold futures rose 0.4% to $3,604.90. The metal has gained over a third this year, ranking among the best-performing assets of 2025, fueled by a weaker dollar and strong demand…
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Dollar steadies after partial recovery as bond markets ease and rate cut bets persist
The U.S. dollar held steady on Wednesday, regaining some ground after a sell-off in long-term global bonds pressured other major currencies. Heightened fiscal concerns in the U.S., Japan, and other economies have pushed longer-dated bond yields higher, a trend that typically moves inversely to prices. Yields appear to be stabilizing, particularly in Europe, though German…
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Alphabet Shares Surge After Court Rules Google Can Retain Chrome Browser
Alphabet (NASDAQ:GOOGL) stock jumped nearly 6% in premarket trading Wednesday following a federal judge’s ruling that Google will not be required to divest its popular Chrome web browser as part of remedies in the Justice Department’s landmark antitrust case. Judge Amit Mehta’s decision allows Google to avoid one of the most severe potential penalties after…