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  • Feb 26, 2025

Lowe's forecasts muted annual profit on uncertain economy, cautious spending

Lowe's Cos joined rival Home Depot in forecasting lackluster annual sales and profit on Wednesday, signaling that a downturn in the home improvement sector would linger amid higher interest rates. Shares of the Mooresville, North Carolina-based retailer were up 3.7% in premarket trading as it reported a surprise rise in fourth-quarter same-store sales, helped by demand for water cans, generators and cleaning supplies after Hurricanes Helene and Milton last year. The home improvement sector has witnessed a sharp slowdown over the last two years as high mortgage rates, rising home prices as well as refinancing costs stifled demand.

  • Feb 26, 2025

DWS Says German Stock Rally Set to Continue on Strong Earnings

(Bloomberg) -- German stocks will likely keep rallying after the election as earnings remain strong and valuations are still cheap, said Marcus Poppe, co-head of European equities at DWS Group, the asset management arm of Deutsche Bank AG.Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC to Shut Migrant Center in Former Hotel as C

  • Feb 26, 2025

Stock Pickers’ Light Tech Holdings Are Blessing as Megacaps Fall

(Bloomberg) -- Stock pickers are holding their smallest allocations of megacap names such as Apple Inc. and Nvidia Corp. since the global financial crisis, boosting their funds’ performance in a year that has kicked off with a slide in technology shares.Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC to Shut Migrant Center in Fo

  • Feb 26, 2025

Bitcoin Has Been My Favorite Cryptocurrency to Buy So Far in 2025. Here's Why.

Bitcoin has dipped below the psychologically important $100,000 price point, and at one point in January, it even fell below $90,000. Here are three big reasons why you should be adding Bitcoin to your portfolio right now. Bitcoin is only up a modest 2% for the year and has struggled to hold the line at $100,000.

  • Feb 25, 2025

From fashion to cars, Russian markets pose new test for Western brands weighing return

Washington's push to swiftly end the conflict in Ukraine has sparked speculation that Western brands may want to return to Russia, but from fashion to cars, the markets they vacated now look more competitive than three years ago. As Ukraine marked the anniversary of Russian troops flooding across its border, U.S. President Donald Trump suggested that the conflict could end within weeks, though it is not yet clear how. Western sanctions that complicate cross-border payments and trade flows would probably need softening for companies to return in large numbers.

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