As AutoZone's fair value estimate adjusts to around $4,210, a nuanced tug-of-war emerges on Wall Street. Analysts are fine-tuning models, balancing long-term operational confidence against near-term consumer spending concerns, reshaping the investment narrative for the auto parts retailer.
Private sector employment expanded at a much slower pace than expected last month, according to ADP's latest report, casting a shadow over the labor market's resilience. The release of the more comprehensive government jobs data has been postponed due to recent Washington disruptions.
Elon Musk's SpaceX is broadening its IPO syndicate, holding pitches with non-U.S. banks in January. The move comes as the company, now set to include xAI, prepares for a record-breaking public offering later this year that could value the combined entity at $1.25 trillion.
Elon Musk's social media platform X is under unprecedented global scrutiny, with recent controversies over its AI chatbot Grok and content moderation policies prompting regulatory actions and penalties that threaten its core business model and future ambitions.
Strauss Zelnick, CEO of Take-Two Interactive, expresses strong confidence in the ongoing support for GTA Online even after the release of Grand Theft Auto VI, citing sustained player engagement and content updates as key drivers.
An internal Justice Department review has found that attorney Ed Martin, a Trump appointee, improperly shared grand jury materials related to investigations of political figures. The findings led to his removal from a key role and eventual departure from the department.
The man accused of killing one D.C. National Guard member and critically wounding another in a November attack near the White House has pleaded not guilty to federal charges including first-degree murder.
A 2020 interview depicting William Stevenson as a devoted husband now stands in stark contrast to his arrest for the alleged murder of his wife, Linda, casting a grim shadow over a figure connected to the First Family.
Senator Tim Scott pushes back against a Justice Department investigation into Fed Chair Jerome Powell, calling it a political maneuver that is now jeopardizing the confirmation of President Trump's nominee to succeed Powell.
The Texas-based independent theater chain has abruptly closed its entire Los Angeles footprint, the latest blow to an industry still grappling with post-pandemic recovery and shifting audience habits.
A new analysis reveals the staggering income needed for working families in the tri-state region to afford childcare without financial strain, far exceeding typical household earnings and highlighting a growing economic pressure point.
A new analysis reveals the staggering income required for families to afford childcare without financial strain, with costs in the Tri-State area far outpacing typical earnings.
Swiss banking giant UBS is developing a suite of digital asset services, including cryptocurrency trading for select wealthy clients and tokenized solutions for corporations, CEO Sergio Ermotti announced during the bank's earnings call.
After months of dramatic increases, DDR5 memory prices in Germany show signs of plateauing. However, industry experts caution that high costs and supply chain pressures are far from over, with significant relief not expected before late 2027.
The creation of a new shale giant through the Devon-Coterra merger comes with a significant relocation of corporate headquarters from Oklahoma City to Houston, sparking debate over regional economic impacts and the future of energy industry consolidation.
Precious metals claw back gains for a second consecutive session, with analysts debating the sustainability of the recovery amid ongoing market volatility and central bank demand forecasts.
In a bold marketing move ahead of the Super Bowl, AI firm Anthropic reinforces its commitment to an ad-free chatbot experience for Claude, directly contrasting rival OpenAI's new advertising tests and highlighting a deepening philosophical divide in the industry.
While market volatility unnerves many savers, financial experts warn that an overly conservative investment strategy during one's prime earning years may pose a far greater long-term risk to retirement security.
A coalition of 43 state attorneys general has filed a sweeping lawsuit accusing pharmaceutical giant Novartis and its former subsidiary Sandoz of orchestrating a massive bid-rigging scheme for 31 generic drugs, calling it one of the most brazen conspiracies ever uncovered in the industry.
A sharp sell-off in semiconductor and AI infrastructure stocks pressured the Nasdaq to a two-week low, offsetting gains in the Dow. The rotation follows mixed corporate earnings and signals a potential cooling of the recent tech frenzy.
