Same-store sales increased 1.2%, driven by higher transaction amounts despite a decline in customer traffic.
The JP Morgan Chase CEO has a blunt take on the growing tariffs battle.
The markets are currently navigating concerns over tariffs, earnings growth, and inflation, leading to a pullback as risk is being repriced. Carson Group chief market strategist Ryan Detrick joins Morning Brief host Brad Smith to discuss the potential impact of tariff adjustments, the shift in GDP growth expectations, and his outlook on inflation and Federal Reserve actions in the coming months. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
If tariffs on French macarons and Italian Parmigiano Reggiano weren't enough, Europhiles and the country club set are poised to take another big hit — with French bubbly.
Yahoo Finance host Madison Mills is tracking several notable stocks in this Market Minute, including Intel's (INTC) gains after naming Lip-Bu Tan as its next CEO, D-Wave Quantum's (QBTS) latest earnings results, and cybersecurity stock reactions to forecasts from SentinelOne (S), CrowdStrike (CRWD), and Zscaler (ZS). Catch Yahoo Finance's full interview with D-Wave Quantum CEO Alan Baratz where he discusses the quantum computing company's claims of "quantum supremacy." Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
The Nasdaq and other indexes got pounded in the stock market today even though U.S. wholesale prices flattened in February. Meta stayed weak. Home Depot slumped while gold miners advanced.
Wall Street is cheering Intel’s choice of new chief executive. Intel’s shares jumped 16% Thursday following the appointment of Lip-Bu Tan. The former CEO of Cadence Design Systems has plentiful chip-industry experience and served a stint on Intel’s board of directors.
Investors have rapidly been losing faith in the stock market—one of Wall Street’s most prominent bulls just joined their ranks. In a note Thursday morning, Yardeni Research, a widely respected and closely watched independent research firm, which spent much of the past year cheering on and defending the bull case for U.S. stocks, lowered its 2025 “best case” S&P 500 price target to 6400 from 7000. The S&P 500, which hit a record high of 6144 as recently as Feb. 19, has since tumbled 9.4%, including a decline Thursday, when the index was down 62 points, or about 1%, to 5539.
Mark Zuckerberg has sought to block the distribution of a former executive’s memoir that details allegations of sexual harassment and claims the business cosied up to the Chinese government.
Beverages - Soft Drinks industry presents growth opportunities, driven by innovation and digital transformation. Yet, it grapples with cost inflation, tariff uncertainties and supply-chain challenges. Top players such as KO, PEP, MNST, KDP and PRMB stand out as strong investment options.