CNBC's Jim Cramer offered a blunt assessment of Dillard's Inc. (NYSE: DDS) when pressed by a viewer, stating he lacks sufficient knowledge of the department store chain to recommend it, highlighting the challenges facing traditional retailers.
The world's leading cryptocurrency has fallen below the $70,000 threshold for the first time since November 2024, as regulatory uncertainty and shifting market dynamics reverse the rally that followed Donald Trump's election victory.
Software and data services shares steadied Thursday following a severe selloff, as the market grapples with whether generative AI is beginning to threaten the core business models of established tech giants. The sector has lost over $800 billion in value in recent days amid a broader rotation out of tech.
Japanese precision components maker NSK Ltd. has moved to take full ownership of its steering subsidiaries and raised its full-year profit outlook, buoyed by robust operational results and a favorable exchange rate.
As tech giants pour billions into AI data centers, industrial powerhouse Eaton is emerging as a critical, if less flashy, beneficiary. Its expertise in power management and cooling solutions is becoming indispensable for the infrastructure underpinning artificial intelligence.
Amphenol Corporation (NYSE: APH) has consolidated its top leadership roles under CEO Adam Norwitt following the retirement of Chairman Martin H. Loeffler. The move comes as the interconnect solutions giant navigates surging demand from AI data center infrastructure and integrates its recent acquisition of CommScope's Connectivity and Cable Solutions business.
Bitcoin miner turned infrastructure player TeraWulf has acquired two large industrial sites, significantly expanding its energy and computing capacity as it pivots to serve the booming AI data center market, with Alphabet's Google providing crucial strategic and financial support.
Recent regulatory wins for Dawnzera in Europe and breakthrough therapy designations from the FDA, alongside positive Phase 3 data from a partner, bolster Ionis's late-stage portfolio. However, insider stock sales and a trimmed stake by a major investor highlight the ongoing challenge of converting scientific promise into sustained commercial success.
The Federal Reserve will maintain current capital buffer rules for banks through 2026, delaying a key update to its stress testing framework by a year to incorporate public feedback, while outlining severe recession scenarios for next year's assessments.
Super Micro Computer's stellar fiscal Q2 results, fueled by surging global demand for AI-optimized systems, have led the company to significantly raise its full-year revenue forecast. This performance solidifies its position as a critical hardware enabler in the rapidly expanding AI data center landscape.
In a significant vote of confidence, NovaBridge Biosciences' Executive Chairman Fu Wei has invested over $5 million in company stock, signaling strong insider belief in the biotech firm's trajectory despite recent market challenges.
A new report documents a sharp escalation in Israeli air raids over Lebanon, casting doubt on the durability of a 2024 ceasefire and exacerbating humanitarian crises in the war-torn country.
A military court in Baku has handed down life sentences to five former leaders of the breakaway region, including ex-president Arayik Harutyunyan, following a trial that international observers have questioned for its fairness.
In coordinated maritime operations spanning the Pacific and Caribbean, French forces intercepted two vessels carrying a combined 4.9 tons of cocaine, highlighting the expanding reach of transnational drug networks into vulnerable island territories.
The Monetary Policy Committee maintains the base rate at 3.75%, a level held since December's cut, as policymakers balance inflation concerns against fragile growth signals.
Despite a significant increase in capital deployed over the past five years, Consolidated Edison's return on capital employed (ROCE) has remained stagnant at 5.5%, raising questions about the efficiency of its recent investments and its long-term compounding potential.
After 30 years, Darden Restaurants is shutting down all remaining Bahama Breeze outlets, with half converting to other brands in its portfolio. The move marks the end of an era for the tropical dining concept.
The automotive sector has a long history of embracing transformative technologies—from digital retail to vehicle subscriptions—that promised salvation but delivered incremental change at best. As artificial intelligence emerges as the latest panacea, seasoned dealers and analysts urge caution, pointing to a persistent pattern of overpromising and a failure to address core consumer concerns.
While Cannara Biotech (CVE:LOVE) reported impressive profit growth, a closer look reveals shareholder dilution is tempering per-share gains and may be weighing on the stock's performance.
Coca-Cola announces the discontinuation of its iconic Minute Maid frozen canned juice line, marking the end of an 80-year legacy as consumer tastes shift toward fresh beverages.
