Fossil Group Stock Surges on Turnaround Plan With Layoffs, Store Closures
Fossil Group shares soared nearly 35% Thursday, a day after the watch and handbag retailer announced a turnaround plan including layoffs and store closures.
Adobe's Stock Plunged After Its Outlook Disappointed. Analysts Are Bullish on AI Growth.
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're still bullish on AI-driven growth.
Gold touches new record as latest Wall Street prediction sees prices reaching $3,500
Gold prices hit a new record as Wall Street strategists raced to increase their price targets on the asset.
US household wealth eked out record high in fourth quarter on stock gains
The net worth of households and non-profit groups rose about $200 billion to $169.4 trillion in the fourth quarter of last year, the U.S. central bank said in its quarterly U.S. financial accounts report, as a drop in the value of real estate trimmed gains from equities. Stock market holdings, the biggest component of household net worth, rose about $300 billion to $56 trillion in value, while household real estate, the second-biggest component, fell about $400 billion to $48.1 trillion. The S&P 1500 Composite index, which encompasses the vast majority of the U.S. stock market, gained 2.1% in the fourth quarter of 2024.
Bitcoin, S&P 500 Struggle Below Key Technical Level in Sign of Further BTC Price Drops
Short-term bitcoin holders have sold over 100,000 BTC since February.
As Wall Street Gets Worried, Retail Crowd Keeps Buying US Stocks
(Bloomberg) -- Even as Donald Trump’s trade war sends the US stock market hurtling toward a correction, the individual investors who rode the bull run to record highs haven’t yet given up their faith.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionNYC Congestion Pricing Toll Gains Support Among City ResidentsOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospital
Generali, Deutsche Bank and Deliveroo: The company news moving the markets
Strong results from Italy’s Generali Group and British Deliveroo, as well as the declining profit of Hugo Boss, were shaping the European market landscape on Thursday.View on euronews
Gold Jumps to New Record, for Now Winning Debate Against Bitcoin as Risk-Off Asset
The yellow metal has risen as stocks (and bitcoin) have crumbled over the past few weeks.
Mortgage and refinance rates today, March 13, 2025: Rates increase in response to inflation
These are today's mortgage and refinance rates. Inflation has slowed. Mortgage rates often increase when the economy is in a good place. Lock in your rate today.
Mortgage rates barely budge despite a wild week for financial markets
Mortgage rates barely moved despite a volatile few days in the stock market. The average rate on a 30-year loan stood at 6.65%, according to Freddie Mac.