Like an injured wildebeest stalked by lions, Macy's has been tempting the wolves of Wall Street for much of the past decade as the department store conglomerate steadily bled revenue and shed almost half its peak fleet of 850 stores. So, the company's most recent quarterly earnings, showing the first sales growth in years, caught investors by surprise, triggering a stampede that drove the stock...
NEW YORK--(BUSINESS WIRE)--Macy's kicks off 100 Days to Christmas with Top 100 Holiday Gifts, Santa's nationwide tour, exclusive brands & magical moments.
Oracle surged to new highs on major contract wins, signaling strong future growth despite recent earnings miss. AI and tech stocks like AVGO and NBIS rallied on large customer acquisitions, while ADBE lagged due to monetization concerns.
NEW YORK--(BUSINESS WIRE)--Macy's is celebrating I.N.C.'s 40th anniversary, a moment that underscores the ready-to-wear brand's legacy in fashion and trend. To mark this occasion, Macy's partnered with award-winning Council of Fashion Designers of America (CFDA) designer, Christian Siriano, as Creative Director and Curator of its fall fashion collection. The collection celebrates decades of gla...
It wasn't that long ago that Macy's (M 0.52%) was something of a poster child for the retail apocalypse. The company was a supposedly stuck-in-the-past operator burdened with an outdated brick-and-mortar store model.
Jobs data is softening, making a September Fed rate cut highly likely, but inflation remains stubbornly high, creating tension for markets. Gold and silver are surging as investors seek inflation hedges, while most equities struggle and stock picking becomes more important.
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