Daily Trade

Shares of Burlington Stores Inc. climbed 21% — putting them on track for their biggest one-day gain in a year — after the discount apparel and footwear retailer topped profit and same-store sales expectations for the third quarter while saying the current quarter was off to a “solid” start. Net income for the quarter to
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The U.S. initial public offering calendar is empty this holiday-shortened week, but some recent additions to the pipeline suggest December could be livelier and welcome deals from some profitable, decent-sized companies. The IPO market has been limping of late, after a flurry of recent deals flopped either from day one or in the aftermarket. The
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It hasn’t been smooth sailing for retirement savers this year, as evidenced by Fidelity Investment’s latest retirement data.  Investors are reeling from a mix of higher inflation and market volatility, the company said, and that has resulted in retirement-account balances declining from last quarter and the number of loans and withdrawals increasing. Fidelity uses data
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Initially concentrated on defense and intelligence, Palantir Technologies (NYSE:PLTR) has broadened its clientele to the healthcare, energy, and finance sectors. Noteworthy profitability and advancements in AI analytics make PLTR stock an appealing choice for investors. Despite the cooling of ‘AI mania,’ Palantir Technologies continues to hold firm, with shares not far below their 52-week highs.
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Israel, the United States and Hamas have agreed to a tentative deal that would free dozens of women and children held hostage in Gaza, in exchange for a five-day pause in fighting, the Washington Post reported Saturday. The release, which could begin within the next several days could lead to the first sustained pause in conflict
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Dear Moneyist, My spouse created a revocable trust two months before our marriage without my knowledge. He placed all of his money in the trust fund. We are now getting a divorce. Am I entitled to any of his assets? Or not? He also bought an investment property, supposedly with his trust fund, a month
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In 2024, UBS expects disinflation and rising unemployment to impact economic output, prompting the Federal Open Market Committee to implement proactive rate cuts. The FEderal Open Market Committee designed the initial cut to prevent the nominal funds rate from becoming overly restrictive amid falling inflation, with subsequent cuts later in the year to counteract economic
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InvestorPlace published an article last December about the seven hottest biotech stocks to own in 2023 and beyond. One of the seven was the SPDR S&P Biotech ETF (NYSEARCA:XBI). XBI tracks the performance of the S&P Biotechnology Select Industry Index which represents the biotechnology sub-sector of the S&P Total Market Index. XBI currently has 133
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Applied Materials Inc.’s stock dropped more than 7% in extended trading Thursday after a report that the chip maker is under a criminal investigation by the Justice Department for potential export violations. Reuters reported Thursday that the company is being probed for possibly sending hundreds of millions of dollars’ worth of equipment to Chinese chip
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