The Southbank Centre, once voted Britain’s ugliest building, has been granted listed status, in a decision hailed by campaigners as the coming of age of brutalism. Successive governments have resisted six separate proposals to list the centre – a set of concrete buildings made up of the Hayward Gallery, the Purcell Rooms and the Queen Elizabeth Hall, plus a makeshift skatepark in its basement. But...
The Southbank Centre, once voted Britain’s ugliest building, has been granted listed status, in a decision hailed by campaigners as the coming of age of brutalism. Successive governments have resisted six separate proposals to list the centre – a set of concrete buildings made up of the Hayward Gallery, the Purcell Rooms and the Queen Elizabeth Hall, plus a makeshift skatepark in its basement. But after a 35-year campaign the government has agreed to give Grade II status to the Southbank Centre, which was designed by the architects department at the former London council council led by Norman Engleback. It confirms a turnaround in the building’s reputation. When it was completed in 1967, engineers voted Queen Elizabeth Hall “the supreme ugly” in a poll of new buildings. The Daily Mail carried a picture of the Southbank Centre under the headline “Is this Britain’s ugliest building?” View image in fullscreen The Daily Mail’s verdict on the Southbank Centre in 1967 Photograph: Daily Mail Catherine Croft, the director of the Twentieth Century Society (C20S) said the listing decision was “long overdue”. She said: “The battle has been won and brutalism has finally come of age. This is a victory over those who derided so-called ‘concrete monstrosities’ and shows a mature recognition of a style where Britain led the way.” She also pointed out that the decision ended an anomaly of the centre being the only unlisted building in the arts complex on the south side of the Thames. View image in fullscreen The Southbank Centre was commended for its use of ‘exposed concrete in which the building’s monumental scale is countered by the fine texture and tactility of its surface finishes, executed with exemplary technical skill’. Photograph: John Maclean/Alamy Its neighbouring buildings are deemed to be of higher architectural value. The modernist Royal Festival Hall is Grade I-listed and the National Theatre, which like the Southbank Centre is also brutalist in style, is Grade II*. Cr...
Trane Technologies ( TT ) on Tuesday said it has agreed to acquire LiquidStack, a provider of liquid cooling technology for data centers, as it seeks to expand its end-to-end thermal management solutions for high-density computing workloads. LiquidStack develops direct-to-chip and immersion cooling systems used in data centers supporting generative AI and hyperscale computing. The company will ope...
Trane Technologies ( TT ) on Tuesday said it has agreed to acquire LiquidStack, a provider of liquid cooling technology for data centers, as it seeks to expand its end-to-end thermal management solutions for high-density computing workloads. LiquidStack develops direct-to-chip and immersion cooling systems used in data centers supporting generative AI and hyperscale computing. The company will operate within Trane Technologies’ Commercial HVAC business in the Americas segment following the close of the transaction. The deal builds on Trane Technologies’ minority investment in LiquidStack made in 2023. LiquidStack’s workforce and manufacturing, engineering, and research operations in Texas and Hong Kong are included in the acquisition. LiquidStack co-founder and Chief Executive Joe Capes will join Trane Technologies in a leadership role and continue to lead the business. The transaction is expected to close in early 2026, subject to customary conditions. Financial terms were not disclosed. TT +0.26% premarket to $460.99. Source: Press Release More on Trane Technologies plc Trane Technologies: Upgrade To Buy On Cheaper Valuation And Better Fundamentals Trane Technologies plc (TT) Q4 2025 Earnings Call Transcript Trane Technologies plc 2025 Q4 - Results - Earnings Call Presentation ClearBridge International Growth ADR Strategy exits Linde, adds Roche in Q4 2025 Trane Technologies outlines 6–7% organic revenue growth and $14.65–$14.85 EPS guidance for 2026 amid record commercial HVAC backlog
An updated edition of the Dec. 19, 2025 article. Over the recent years, cloud computing has generated a significant buzz across the length and breadth of the business enterprise ecosystem, fueling widespread adoption. Leveraging virtualization technology, it has enabled users to access and store data over the Internet without managing their physical servers and intricate IT infrastructure, driving...
An updated edition of the Dec. 19, 2025 article. Over the recent years, cloud computing has generated a significant buzz across the length and breadth of the business enterprise ecosystem, fueling widespread adoption. Leveraging virtualization technology, it has enabled users to access and store data over the Internet without managing their physical servers and intricate IT infrastructure, driving innovation and digital transformation across the spectrum. This has further enabled multiple users to share the same hardware resources by connecting to the cloud platform through a web browser or dedicated applications, thereby creating a framework for seamless omnichannel customer engagement at lower costs. As cloud computing gains traction with greater flexibility and scalability, it has emerged as an attractive theme for investors seeking to bet on blue-chip tech firms. This has made cloud computing companies like Alphabet Inc. GOOGL, Microsoft Corporation MSFT, International Business Machines Corporation IBM and Arista Networks, Inc. ANET indispensable for any investment portfolio. But before digging deep into these prized possessions, let us examine a little more into why organizations are increasingly adopting cloud computing. Based on a pay-per-use pricing model, enterprises only pay for the computing resources they use. This has helped business enterprises to reduce operating costs for maintaining on-site data centers and deploying IT experts to manage the infrastructure, making it a highly cost-effective solution. With easy access to a plethora of innovative technologies, cloud computing increases productivity with greater agility and flexibility, and improves scalability with higher economies of scale. Moreover, cloud computing services are delivered over a highly secure network with low latency for applications and data backup facilities for improved reliability. Cloud computing services fall into four broad categories, namely infrastructure as a service (IaaS)...
PlayStation 5 (version tested), Xbox, PC; Grasshopper Manufacture/Marvelous Inc After some dumb fun hacking at zombies, legendary developer Suda51’s first original game in a decade sadly only delivers a host of incoherent disappointments Ever since he baffled GameCube owners with 2005’s Killer7, Japanese game director Suda51 has had a reputation for turning heads. From parodying the banality of op...
PlayStation 5 (version tested), Xbox, PC; Grasshopper Manufacture/Marvelous Inc After some dumb fun hacking at zombies, legendary developer Suda51’s first original game in a decade sadly only delivers a host of incoherent disappointments Ever since he baffled GameCube owners with 2005’s Killer7, Japanese game director Suda51 has had a reputation for turning heads. From parodying the banality of open-world games with 2007’s No More Heroes to collaborating with James Gunn for 2012’s pulpy Lollipop Chainsaw, his games often offer a welcome reprieve from soulless, half-a-billion-dollar-budget gaming blockbusters. It was with considerable excitement that I fired up Suda’s first new game in 10 years. The game kicks off with a slick cartoon that shows our hero, Romeo Stargazer, being eaten by a zombie. Hastily resurrected by his zany scientist grandfather, Romeo returns from the brink imbued with new powers – and then we’re off. Almost immediately I am bombarded by an impenetrable wall of proper-noun nonsense. It’s like this for the next 20 hours. Continue reading...
JHVEPhoto/iStock Editorial via Getty Images Nasdaq ( NDAQ ) on Tuesday announced the launch of Nasdaq Private Capital Indexes, a platform that aims to help institutional investors and consultants benchmark performance, analyze exposures, and navigate private capital markets with precision. The index suite unifies Nasdaq Private Capital Indexes, Nasdaq eVestment Fund and Deal Benchmarking, the Nasd...
JHVEPhoto/iStock Editorial via Getty Images Nasdaq ( NDAQ ) on Tuesday announced the launch of Nasdaq Private Capital Indexes, a platform that aims to help institutional investors and consultants benchmark performance, analyze exposures, and navigate private capital markets with precision. The index suite unifies Nasdaq Private Capital Indexes, Nasdaq eVestment Fund and Deal Benchmarking, the Nasdaq eVestment Private Fund Universe, and the Nasdaq eVestment TopQ+ Analytics platform. More on Nasdaq Dow Powers Past 50,000 - Momentum Or Market Euphoria? Nasdaq: Continues To Beat Expectations Nasdaq, Inc. 2025 Q4 - Results - Earnings Call Presentation Nasdaq proposes 'fast entry' of big IPOs into Nasdaq 100 Nasdaq outlines launch of 23/5 trading and $100M cross-sell run rate target for 2027 as AI-driven innovation accelerates
US stock futures (ES=F, NQ=F, YM=F) hover around their flatlines in Tuesday's pre-market trading after equities steadied themselves from the recent tech sell-off in Monday's session. Alphabet (GOOG, GOOGL) has launched a new bond offering with a 100-year maturity while selling $20 billion in bonds to fund its AI spending. Coca-cola (KO) shares are taking a dip this morning after releasing its late...
US stock futures (ES=F, NQ=F, YM=F) hover around their flatlines in Tuesday's pre-market trading after equities steadied themselves from the recent tech sell-off in Monday's session. Alphabet (GOOG, GOOGL) has launched a new bond offering with a 100-year maturity while selling $20 billion in bonds to fund its AI spending. Coca-cola (KO) shares are taking a dip this morning after releasing its latest earnings results, while Spotify (SPOT) surges on its latest earnings release. To watch more expert insights and analysis on the latest market action, check out more Morning Brief.
In this article PSKY WBD NFLX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:44 03:44 Paramount sweetens WBD bid, but stops short of raising its per-share value Squawk on the Street Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery , adding a so-called "ticking fee" to signal regulatory confidence among other new elements. Paramount stopped sh...
In this article PSKY WBD NFLX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:44 03:44 Paramount sweetens WBD bid, but stops short of raising its per-share value Squawk on the Street Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery , adding a so-called "ticking fee" to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30 per share, all cash. The company argues its offer is superior to a pending transaction between Warner Bros. Discovery and Netflix . "The additional benefits of our superior $30 per share, all-cash offer clearly underscore our strong and unwavering commitment to delivering the full value WBD shareholders deserve for their investment," said Paramount CEO David Ellison in a statement . "We are making meaningful enhancements – backing this offer with billions of dollars, providing shareholders with certainty in value, a clear regulatory path, and protection against market volatility." The "ticking fee" is payable to WBD shareholders for any potential delays in receiving regulatory approval for a Paramount-WBD tie-up. Paramount has set the fee at 25 cents per share per quarter that the transaction hasn't closed after year-end 2026, "underscoring Paramount's confidence in the speed and certainty of regulatory approval for its transaction," the company said. The so-called ticking fee is equivalent to roughly $650 million in cash value each quarter for every quarter the deal is not closed past Dec. 31. In addition, on Tuesday Paramount said it would fund the $2.8 billion termination fee that Warner Bros. Discovery would owe Netflix if that deal were to fall through, and it would also eliminate a potential $1.5 billion refinancing cost of debt. Paramount said the revised offer — including the ticking fee, funding t...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 8 a.m. ET Call participants Chairman and Chief Executive Officer — Georges Karam Chief Financial Officer — Deborah Choate Investor Relations — David Hanover Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $7 million in Q4, primarily from product sales, representing a 72.6% sequential increase. -- $7 mill...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 8 a.m. ET Call participants Chairman and Chief Executive Officer — Georges Karam Chief Financial Officer — Deborah Choate Investor Relations — David Hanover Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $7 million in Q4, primarily from product sales, representing a 72.6% sequential increase. -- $7 million in Q4, primarily from product sales, representing a 72.6% sequential increase. Full-year revenue -- $27.2 million for 2025, with adjusted core business revenue closer to $20 million after excluding nonrecurring Qualcomm-related amounts. -- $27.2 million for 2025, with adjusted core business revenue closer to $20 million after excluding nonrecurring Qualcomm-related amounts. Product mix -- Over 94% of Q4 revenue came from product sales, with approximately 6% from services. -- Over 94% of Q4 revenue came from product sales, with approximately 6% from services. Gross margin -- 37.7% in Q4, impacted by inventory provisions; excluding provisions, margin would have been about 43%, compared to 42.4% in the prior quarter. -- 37.7% in Q4, impacted by inventory provisions; excluding provisions, margin would have been about 43%, compared to 42.4% in the prior quarter. Operating expenses -- SG&A and R&D were $11.5 million in Q4, down from $13.6 million in Q3, with a goal to reduce further in 2026. -- SG&A and R&D were $11.5 million in Q4, down from $13.6 million in Q3, with a goal to reduce further in 2026. Net cash position -- Net cash equivalents exceeded $68 million at Q4-end, after accounting for Bitcoin and convertible debt. -- Net cash equivalents exceeded $68 million at Q4-end, after accounting for Bitcoin and convertible debt. Bitcoin holdings -- 2,139 Bitcoin with a year-end market value of $187.1 million, and $141.5 million pledged as collateral for $94.5 million in convertible debt. -- 2,139 Bitcoin with a year-end market value of $187.1 million, and $141.5 million pledg...
txking Driven by the enduring popularity of its Wizards of the Coast games and its digital segment, Hasbro ( HAS ) enjoyed a strong finish to 2025, engaged one billion fans, and made progress on its evolution into a digital-first play and IP company, delivering fourth quarter results that beat Wall Street’s expectations. “We expect that momentum to carry into 2026,” said Hasbro CEO Chris Cocks. Ad...
txking Driven by the enduring popularity of its Wizards of the Coast games and its digital segment, Hasbro ( HAS ) enjoyed a strong finish to 2025, engaged one billion fans, and made progress on its evolution into a digital-first play and IP company, delivering fourth quarter results that beat Wall Street’s expectations. “We expect that momentum to carry into 2026,” said Hasbro CEO Chris Cocks. Added Hasbro CFO Gina Goetter, “2025 reflected strong operational execution, driven by progress on our transformation and cost savings initiatives. Wizards was a standout, anchored by record MAGIC revenue.” Wizards of the Coast and its digital gaming segment continued to offset losses in the company’s entertainment segment, resulting in consolidated revenue of $1.45B, an increase of 32% from the same quarter last year and $190M above expectation. This contributed to an adjusted profit of $1.51 per share, more than triple from a year ago and $0.56 better than expected. This lifted the company’s adjusted operating profit up 12 points to 21.8%. Within the Wizards segment, revenue generated by tabletop gaming more than doubled to $494.7M in Q4, with digital and licensed gaming revenue realizing a much more modest increase of 3%, both of which drove net revenue in the segment up 86% to $630.4M. Revenue generated by its consumer products segment—which includes board games and licensed merchandise—increased 7% to $800M, while entertainment revenue (including film and TV) was down 5% to $15.5M. Looking ahead to 2026, Hasbro ( HAS ) expects revenue to increase by 3% to 5%, translating to a range of $4.841B to $4.935B versus estimates of $4.75B. Adjusted operating margin is expected to be within a range of 24% and 25%, while adjusted EBITDA is seen between $1.40B and $1.45B versus $1.36B in 2025. Shares are up more than 2% into Tuesday's open. More on Hasbro Hasbro: MTG Monetization Has Worked Well, For Now Hasbro beats Q4 estimates, announces $1B buyback From Gold to Chips: Large-Cap ...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. IREN has outlined a shift from primarily Bitcoin mining to AI infrastructure, anchored by a large AI contract with Microsoft. The company reports that 95% of the financing needed for its GPU build out under this contract is secured, including a prepayment from Microsoft. New data center camp...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. IREN has outlined a shift from primarily Bitcoin mining to AI infrastructure, anchored by a large AI contract with Microsoft. The company reports that 95% of the financing needed for its GPU build out under this contract is secured, including a prepayment from Microsoft. New data center campuses in Texas and Oklahoma are central to supporting this AI focused infrastructure build. NasdaqGS:IREN, recently trading at $46.15, is still heavily exposed to Bitcoin mining, which currently provides most of its revenue. Even so, the stock’s very large 1 year gain and roughly 7x return over 3 years indicate that investors have already reacted strongly to its evolving story. For you as an investor, the key consideration is how this mix of Bitcoin mining and AI infrastructure might affect the company’s risk and revenue profile over time. The Microsoft contract, GPU financing progress, and new campuses could serve as important markers to watch as IREN’s business model continues to evolve. Stay updated on the most important news stories for IREN by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on IREN. NasdaqGS:IREN Earnings & Revenue Growth as at Feb 2026 How IREN stacks up against its biggest competitors Quick Assessment ✅ Price vs Analyst Target : At $46.15, IREN trades about 42% below the analyst target of $79.31. ⚖️ Simply Wall St Valuation : The DCF valuation status is unknown, so there is no clear under or overvaluation signal here. ✅ Recent Momentum: The 30 day return of roughly 0.26% is slightly positive, suggesting steady rather than sharp momentum. Check out Simply Wall St's in depth valuation analysis for IREN. Key Considerations 📊 The move toward AI infrastructure, backed by the Microsoft contract, adds a new revenue pillar on top of IREN’s existing Bitcoin mining exposure. 📊 Keep an eye on execution ...
The dollar may fall 10% this year as there’s a risk the Federal Reserve will cut interest rates more deeply than markets anticipate once the next chair of the central bank takes over, according to State Street Corp.’s Lee Ferridge . Traders expect that the Fed will resume lowering interest rates around June and deliver at least two quarter-point reductions by year-end. But Ferridge, a strategist a...
The dollar may fall 10% this year as there’s a risk the Federal Reserve will cut interest rates more deeply than markets anticipate once the next chair of the central bank takes over, according to State Street Corp.’s Lee Ferridge . Traders expect that the Fed will resume lowering interest rates around June and deliver at least two quarter-point reductions by year-end. But Ferridge, a strategist at the bank, sees scope for officials to deliver a third reduction in 2026. That’s in part on the view that current Chair Jerome Powell ’s successor will face pressure from President Donald Trump to reduce borrowing costs. “Three is possible,” Ferridge said in an interview on the sidelines of the TradeTech FX conference in Miami. “Two is a reasonable base case, but we have to accept we are going into a more uncertain period of Fed policy.” The other dynamic is that deeper Fed rate cuts will make it less expensive for foreigners to hedge the currency risk on their US investments, and as they step up that activity it will weigh on the greenback, he said. The Bloomberg Dollar Spot Index is down about 1.7% this year after sliding roughly 8% last year, its worst annual performance since 2017. Concerns around the economic impact of trade friction and worries around the US fiscal outlook hurt the greenback, as did Trump’s pressure on the Fed. Trump has nominated former Fed Governor Kevin Warsh to succeed Powell, whose term ends in May, and Warsh, if confirmed, may deliver what Trump wants, Ferridge said. The greenback may rebound 2%-3% in the near term as solid US economic data reduces expectations for Fed cuts, Ferridge said. However, dollar selling is “just waiting for once Kevin Warsh takes over the Fed and starts cutting rates probably more persistently and narrowing that rate spread with the rest of the world,” Ferridge said. “If that happens then we know there’s room for that hedge ratio to rise.” The present hedge ratio of about 58% compares with a level of above 78% back be...
watch now VIDEO 11:04 11:04 Kalshi CEO Tarek Mansour on Super Bowl trades, growth of prediction markets and insider trading risk Squawk Box Kalshi saw more than $1 billion in trading volume on Super Bowl Sunday, reaching a daily record high, according to CEO Tarek Mansour. That volume was up 2,700% year-over-year, according to the company. The platform allows users to buy event contracts for outco...
watch now VIDEO 11:04 11:04 Kalshi CEO Tarek Mansour on Super Bowl trades, growth of prediction markets and insider trading risk Squawk Box Kalshi saw more than $1 billion in trading volume on Super Bowl Sunday, reaching a daily record high, according to CEO Tarek Mansour. That volume was up 2,700% year-over-year, according to the company. The platform allows users to buy event contracts for outcomes in politics, pop culture, financial markets and sports. "It was an incredible weekend," Mansour told CNBC's " Squawk Box " on Tuesday. "Kalshi was the biggest brand of the Super Bowl this year, without running a Super Bowl ad, and the way we achieved that is the product." Mansour said the trading volume for halftime performer Bad Bunny's opening song exceeded $100 million, while bets on who would perform with Bad Bunny surpassed $45 million. The platform's Super Bowl contracts were not without bumps, though. Co-founder Luana Lopes Lara posted on social media during the game that some users' deposits were delayed due to high traffic. "Your money is safe and on the way, it will just take longer to land," she wrote. Kalshi has recently come under fire along with other prediction markets as skepticism around the industry builds, with concerns of insider trading. Last week, before the Super Bowl, the platform announced additional efforts to expand its surveillance and enforcement efforts to identify and remove accounts participating in insider trading. "The insider trading risk is very real for the stock market as well," Mansour said on Tuesday. "As a regulated financial market by the Commodity Futures Trading Commission, we have the same rules as the Nasdaq and the New York Stock Exchange, and we have the same mechanism of enforcement," he added. Over the past year, Mansour said the platform has run 200 investigations and frozen the relevant accounts, with some of those referred to law enforcement for prosecution. Disclosure: CNBC and Kalshi have a commercial relationship t...
Our top 10 things to watch Tuesday, Feb. 10 — Today's newsletter was written by Jeff Marks . 1. The S & P 500 was headed for a muted open this morning. We're keeping an eye on chip stocks like Club names Nvidia and Broadcom after Taiwan Semi reported earnings. January sales increased 37% year over year for the company. It's a good sign of artificial intelligence demand. 2. DuPont shares jumped 2% ...
Our top 10 things to watch Tuesday, Feb. 10 — Today's newsletter was written by Jeff Marks . 1. The S & P 500 was headed for a muted open this morning. We're keeping an eye on chip stocks like Club names Nvidia and Broadcom after Taiwan Semi reported earnings. January sales increased 37% year over year for the company. It's a good sign of artificial intelligence demand. 2. DuPont shares jumped 2% after posting a better-than-expected fourth quarter. The company beat on net sales, EBITDA, and adjusted earnings per share. Management's 2026 forecast was above the Street's expectations, as well. Adjusted EPS at $2.25 to $2.30 vs. the consensus of $2.14. This Club stock has been a horse since spinning off Qnity Electronics , another portfolio name, in November. 3. CVS reported a strong fourth quarter this morning. Adjusted earnings per share came in at $1.09, beating expectations of $0.99. The drugstore chain reiterated its full-year EPS outlook of $7 to $7.20. The stock was down over 2% this morning, however, because the $7.10 midpoint was below the Street's estimates of $7.17. 4. Club holding Texas Roadhouse was downgraded to hold from buy at Truist on concerns that beef inflation will persist through 2027. Also, in the restaurant space, Wingstop was downgraded to hold at TD Cowen on expectations of a difficult same-store sales setup for 2026. 5. Bernstein raised its price target on Club name Apple to $340 from $325, and kept a buy rating on shares. Analysts pointed to a strong iPhone cycle and argued that rising memory prices shouldn't be an issue for the tech company in the near term. 6. Coca-Cola stock fell over 3% after the beverage giant missed on the top line, but beat on adjusted earnings per share by 2 cents. Management guided 2026 organic revenue growth to 4% to 5% and EPS growth of 7% to 8%. 7. Raymond James upgraded Take-Two Interactive to a strong buy from outperform. Analysts say the stock's recent selloff – down 15% since Jan. 29 – is overdone. The weaknes...
Italy take gold in the mixed speed skating relay with Canada taking silver, Belgium taking bronze and defending champions China missing out the podium altogether.
Italy take gold in the mixed speed skating relay with Canada taking silver, Belgium taking bronze and defending champions China missing out the podium altogether.
Igor Kutyaev The retail sector is on watch after the December Retail Sales report came in below expectations, including flat growth for December vs. the expectation for a 0.4% month-over-month gain. Of course, December is a key month for the retail sector due to the holiday shopping phenomenon. Retail sales were up 2.4% on a year-over-year basis. Categories that dragged during the month included t...
Igor Kutyaev The retail sector is on watch after the December Retail Sales report came in below expectations, including flat growth for December vs. the expectation for a 0.4% month-over-month gain. Of course, December is a key month for the retail sector due to the holiday shopping phenomenon. Retail sales were up 2.4% on a year-over-year basis. Categories that dragged during the month included the furniture and home furnishings category, with a 5.6% decline from a year ago. Department stores saw a 0.3% decline from a year ago in a read that does not bode well for Macy's ( M ), Kohl's ( KSS ), and Dillard's ( DDS ). The pace for nonstore retailers was just 0.1% month-over-month and 5.3% year-over-year, which marks a slowdown for the category that includes Amazon ( AMZN ), Etsy ( ETSY ), Wayfair ( W ), and eBay ( EBAY ). Navy Federal Credit Union Chief Economist Heather Long weighed in on the December Retail Sales report. "This is a K-shaped economy with strong spending from the top and much more cautious spending from middle- and lower-income consumers. Retail sales were flat in December, driven by soft spending on autos, home furnishings, appliances, and clothing. These items were hard hit by tariffs in 2025, and consumers shifted their spending elsewhere," highlighted Long. The general view is that the holiday shopping season was solid but not spectacular. More on the retail sector XRT: I Underestimated The Retail Boom This Year (Rating Upgrade) Wall Street Lunch: Early Deals And Generative AI Push Holiday Spending To Nearly $80B These stocks could be Winter Olympics winners These are some of the biggest retail sector beneficiaries of the India-U.S. trade deal Seeking Alpha’s Quant Rating on State Street PDR S&P Retail ETF