Dow futures rose while techs tumbled as Broadcom and CrowdStrike dived on earnings. The SpaceX IPO price target and size have been set with the offering next week.
Dow futures rose while techs tumbled as Broadcom and CrowdStrike dived on earnings. The SpaceX IPO price target and size have been set with the offering next week.
(RTTNews) - Despite a positive trend in most of the markets across Europe following Lebanon and Israel agreeing to implement ceasefire, the UK stock market's benchmark index FTSE 100 drifted lower on Thursday, weighed down by losses in energy, mining and financials sectors.
(RTTNews) - Despite a positive trend in most of the markets across Europe following Lebanon and Israel agreeing to implement ceasefire, the UK stock market's benchmark index FTSE 100 drifted lower on Thursday, weighed down by losses in energy, mining and financials sectors.
Iran said there had been no recent progress in talks over an interim peace deal with the US, while fighting persisted in Lebanon despite Washington’s declaration of a ceasefire between the country and Israel. Abeer Abu Omar reports on Bloomberg Television. (Source: Bloomberg)
Iran said there had been no recent progress in talks over an interim peace deal with the US, while fighting persisted in Lebanon despite Washington’s declaration of a ceasefire between the country and Israel. Abeer Abu Omar reports on Bloomberg Television. (Source: Bloomberg)
Caleres press release ( CAL ): Q1 Non-GAAP EPS of $0.38 beats by $0.01 . Revenue of $666.6M (+8.5% Y/Y) in-line. Second Quarter Outlook Net Sales Up mid-to-high single digits Gross Margin Up 345 to 375 bps Tax Rate 26% to 27% GAAP EPS $0.32 to $0.38 vs. consensus of $0.38 Click to enlarge Full Year Outlook Net Sales Up low to mid-single digits Gross Margin Up 220 to 260 bps Interest Expense ~$18 m...
Caleres press release ( CAL ): Q1 Non-GAAP EPS of $0.38 beats by $0.01 . Revenue of $666.6M (+8.5% Y/Y) in-line. Second Quarter Outlook Net Sales Up mid-to-high single digits Gross Margin Up 345 to 375 bps Tax Rate 26% to 27% GAAP EPS $0.32 to $0.38 vs. consensus of $0.38 Click to enlarge Full Year Outlook Net Sales Up low to mid-single digits Gross Margin Up 220 to 260 bps Interest Expense ~$18 million Tax Rate 27% to 28% GAAP EPS $1.44 to $1.69 Adjusted EPS $1.40 to $1.65 vs. consensus of $1.58 Capital Expenditures $50 to $55 million Click to enlarge More on Caleres Caleres Is Taking A Step In The Right Direction (Rating Upgrade) Caleres, Inc. (CAL) Q4 2025 Earnings Call Transcript Caleres Is Now Reasonably Priced, But Is Not Attractive After The Rally Caleres Q1 2027 Earnings Preview Caleres names Dan Karpel as CFO
Private markets firms have been slow to spend hoards of capital raised earlier this decade, sparking tough talks with investors about whether they should get more time to find investments. As of September, buyout firms and managers of private credit funds were sitting on $631.8 billion in unused fire power raised from 2020 through 2022, according to the most recent data compiled by PitchBook. The ...
Private markets firms have been slow to spend hoards of capital raised earlier this decade, sparking tough talks with investors about whether they should get more time to find investments. As of September, buyout firms and managers of private credit funds were sitting on $631.8 billion in unused fire power raised from 2020 through 2022, according to the most recent data compiled by PitchBook. The tally including other kinds of private capital, such as venture capital and real estate, totals $1.28 trillion. The glut of capital shows how striking deals has proved harder than expected due to intense competition, high valuations and a series of challenges that have jolted the $11 trillion private equity and private credit industries. After a fund is raised, managers typically have as much as five years to put money to work before they start to harvest existing investments. The managers, or general partners, are often only able to increase these investment periods in agreement with their investors, known as limited partners. Some believe talks could be difficult. Fund investors “are most likely not going to be generous in allowing extensions,” said Andrea Auerbach , global head of private investments at advisory firm Cambridge Associates. “Better to get that uninvested capital released so they can redeploy it where they see opportunity.” Asset allocators are asking why deadlines should be extended, the implications for their investments, and what else could have been done with the funds, said Neal Prunier , a managing director at the Institutional Limited Partners Association, whose role includes working on aligning the interests of general and limited partners. McKinsey & Co. says the dry powder in private equity “has never been older.” More than 40% of this capital had been available for two years — 15 percentage points higher than the five-year average, McKinsey said, citing Preqin data as of June 2025. About $139.4 billion of private equity capital raised in 2021 alo...
tigerstrawberry Amazon Prime Day returns June 23–26, marking a notable shift from its traditional July timing. The four-day event that is exclusive to Prime members will feature millions of deals across more than 35 categories, from electronics and fashion to groceries and back-to-school essentials. "Prime Day is the biggest shopping event of the year exclusively for members, whether they're looki...
tigerstrawberry Amazon Prime Day returns June 23–26, marking a notable shift from its traditional July timing. The four-day event that is exclusive to Prime members will feature millions of deals across more than 35 categories, from electronics and fashion to groceries and back-to-school essentials. "Prime Day is the biggest shopping event of the year exclusively for members, whether they're looking for deals on the latest electronics, getting ahead on back-to-school shopping, or saving on fresh groceries and household essentials," said Jamil Ghani, vice president of Amazon Prime. Early deals, including a sweepstakes for free groceries for a year, are already live ahead of the main event. Prime Day 2025 set the bar high after Amazon ( AMZN ) called it the biggest Prime Day ever, with Prime members saving more than any previous event across more than 35 categories. Adobe Analytics estimated that U.S. consumers spent $24.1B online during the four-day event, surpassing projections by $300M and roughly equivalent to combining Black Friday and Cyber Monday 2024. Top-selling categories included kids' apparel, home security, refrigerators, and headphones, while Numerator tracked more than 150K with an average value of $53.34. Amazon's ( AMZN ) move to push Prime Day up on the calendar to June is not going unnoticed by other major retailers. Both Target ( TGT ) and Best Buy ( BBY ) have officially announced competing sales events timed directly alongside Prime Day. Target Circle Deal Days runs June 23–26, identical dates to Prime Day, with early access beginning June 22 for Target Circle 360 paid members. Meanwhile, Best Buy's Tech Fest Sale runs June 22–28, one day earlier and two days longer than Prime Day, with the retailer calling it one of its "biggest sale events of the summer." Walmart ( WMT ) followed up Amazon's ( AMZN ) Prime Day announcement with a reveal that the Walmart Deals sale will go live on June 22 and run right through the week until June 28. The sale wi...
tigerstrawberry Amazon Prime Day returns June 23–26, marking a notable shift from its traditional July timing. The four-day event that is exclusive to Prime members will feature millions of deals across more than 35 categories, from electronics and fashion to groceries and back-to-school essentials. "Prime Day is the biggest shopping event of the year exclusively for members, whether they're looki...
tigerstrawberry Amazon Prime Day returns June 23–26, marking a notable shift from its traditional July timing. The four-day event that is exclusive to Prime members will feature millions of deals across more than 35 categories, from electronics and fashion to groceries and back-to-school essentials. "Prime Day is the biggest shopping event of the year exclusively for members, whether they're looking for deals on the latest electronics, getting ahead on back-to-school shopping, or saving on fresh groceries and household essentials," said Jamil Ghani, vice president of Amazon Prime. Early deals, including a sweepstakes for free groceries for a year, are already live ahead of the main event. Prime Day 2025 set the bar high after Amazon ( AMZN ) called it the biggest Prime Day ever, with Prime members saving more than any previous event across more than 35 categories. Adobe Analytics estimated that U.S. consumers spent $24.1B online during the four-day event, surpassing projections by $300M and roughly equivalent to combining Black Friday and Cyber Monday 2024. Top-selling categories included kids' apparel, home security, refrigerators, and headphones, while Numerator tracked more than 150K with an average value of $53.34. Amazon's ( AMZN ) move to push Prime Day up on the calendar to June is not going unnoticed by other major retailers. Both Target ( TGT ) and Best Buy ( BBY ) have officially announced competing sales events timed directly alongside Prime Day. Target Circle Deal Days runs June 23–26, identical dates to Prime Day, with early access beginning June 22 for Target Circle 360 paid members. Meanwhile, Best Buy's Tech Fest Sale runs June 22–28, one day earlier and two days longer than Prime Day, with the retailer calling it one of its "biggest sale events of the summer." Walmart ( WMT ) followed up Amazon's ( AMZN ) Prime Day announcement with a reveal that the Walmart Deals sale will go live on June 22 and run right through the week until June 28. The sale wi...
Signage outside SpaceX facilities in Hawthorne, California, US, on Monday, April 13, 2026. SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk's rocket, satellite and AI company closer to delivering the biggest-ever listing. Photographer: Ethan Swope/Bloomberg
Signage outside SpaceX facilities in Hawthorne, California, US, on Monday, April 13, 2026. SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk's rocket, satellite and AI company closer to delivering the biggest-ever listing. Photographer: Ethan Swope/Bloomberg
With 10-year Treasury yields up 26 basis points since the start of the year and inflationary pressures reignited due to the war in Iran, the Federal Reserve may not be able to lower interest rates this year. Fed funds futures imply as much. Those instruments indicate that it's all but a sure thing the central bank will stand pat at the upcoming June and July meetings. That's frustrating to investo...
With 10-year Treasury yields up 26 basis points since the start of the year and inflationary pressures reignited due to the war in Iran, the Federal Reserve may not be able to lower interest rates this year. Fed funds futures imply as much. Those instruments indicate that it's all but a sure thing the central bank will stand pat at the upcoming June and July meetings. That's frustrating to investors holding broad bond exchange-traded funds (ETFs) such as the iShares Core U.S. Aggregate Bond ETF (NYSEMKT: AGG) because when yields fall, bond prices rise. Not enough of that is happening this year. Some bond ETFs are more advantageous than meets the eye even without the Fed cutting rates. Image source: Getty Images. Continue reading
AI data centers are sparking a battery storage gold rush, new trick could make Alzheimer’s drugs more effective, quantum IPO is here, and more news to start your day.
AI data centers are sparking a battery storage gold rush, new trick could make Alzheimer’s drugs more effective, quantum IPO is here, and more news to start your day.