Rahm Emanuel is coming to Wall Street
The former Chicago mayor and 2028 presidential contender will rejoin Centerview Partners, historically an outpost of Democratic influence.
Why First Watch (FWRG) Stock Is Up Today
Shares of breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) jumped 7.7% in the morning session after TD Cowen upgraded the stock's rating from Hold to Buy and assigned a price target of $22, which implied a potential 20% upside. The firm anticipated improvements in same-store sales due to "more effective" marketing. This upgrade suggested that TD Cowen felt there was a decent possibility of an upward surprise to FWRG's growth projection, which could translate to improved inve
Why PVH (PVH) Stock Is Trading Up Today
Shares of fashion conglomerate PVH (NYSE:PVH) jumped 18.7% in the morning session after the company reported impressive fourth quarter 2024 results, with sales and earnings exceeding Wall Street's expectations. In North America, sales remained steady, supported by the benefit of earlier wholesale shipments. Meanwhile, European sales declined as planned, reflecting the company's deliberate strategy to prioritize quality over volume.
Risk to Bitcoin Buying Plans Makes Strategy a Sell, Says Wall Street Analyst
Michael Saylor's perpetual capital raising machine could be nearing its limit, according to Monness, Crespi, Hardt & Co.
Top Stock Movers Now: Tesla, Supermicro, PVH, and More
U.S. equities rose at midday as investors anticipated tomorrow's tariffs announced by the White House won't be as tough as anticipated.
Continental says North America light vehicle output down over 'economic uncertainty'
BERLIN (Reuters) -Continental AG expects production of light vehicles in North America to fall by around 7% in the first quarter, the German auto supplier said on Tuesday, citing "economic uncertainty" ahead of looming tariffs on the sector. "The current tariff situation and the development of new product launches are creating high levels of uncertainty, impacting strategic planning and market predictions," Continental said. The comments come ahead of earlier announced U.S. import tariffs on cars that come into force on April 3, with broader duties expected to be announced by U.S. President Donald Trump on Wednesday.
Bitcoin Teeters on Macro Showdown Between Trump Tariffs and Fed Outlook
Macro factors weigh on Bitcoin, despite another $2B Saylor buy
‘America first’ trade war policy has the entire stock and Bitcoin market under anxiety
As markets brace for Trump’s tariff announcement, Bitcoin faces uncertainty with a 4.54% weekly drop to $83,597.34, signaling mixed investor sentiment.
U.S. Openness to Crypto Could Raise Risk Levels in TradFi, European Regulators Say
"This crypto-friendly stance has the potential to accelerate crypto adoption, including by institutional investors," an ESMA spokesperson said.
US Airline Stocks Slip as Jefferies Downgrades Major Carriers
Airline stocks slumped Tuesday after Jefferies analysts lowered their ratings for three of the four major U.S. carriers, writing “consumer sentiment continues to disappoint.”