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6 days ago | 
theepochtimes.com | Jake Scott
Local election results signal wide discontent. CommentaryIn the United Kingdom, a mini political earthquake has thrown everything up into the air.
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1 week ago | 
mercurynews.com | Jake Scott
The U.S. Department of Health and Human Services is considering a rule that sounds like commonsense rigor: require every new or updated vaccine to run a placebo-controlled trial. The mandate would affect even routine flu strain updates — the yearly tweaks that let Bay Area pharmacists offer the right shot each fall. The idea might please critics who insist vaccines “aren’t really tested,” but it would do real harm.
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1 week ago | 
schaeffersresearch.com | Jake Scott
Gap Inc (NYSE:GAP) stock is freefalling, last seen down 19.7% to trade at $22.49, after the apparel retailer issued lackluster current-quarter guidance. The company forecast flat sales for the current quarter, falling short of Wall Street’s modest growth expectations. The weak outlook is overshadowing what was otherwise a strong first-quarter. Gap beat earnings and revenue estimates, reporting 51 cents per share on $3.46 billion in revenue.
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1 week ago | 
schaeffersresearch.com | Jake Scott
Cautious Fed commentary also weighed Wall Street lost steam due to higher bond yields and tariff concerns Stocks came out of the holiday gate strong this week, bolstered by stabilizing consumer confidence and upbeat economic readings. However, momentum fizzled midweek as cautious Federal Reserve commentary and rising bond yields weighed on sentiment. Investors also contended with ongoing tariff volatility, which sparked sharp moves in both directions across sectors.
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1 week ago | 
schaeffersresearch.com | Jake Scott
elf Beauty Inc (NYSE:ELF) is surging 31.1% to $118.63, after announcing a $1 billion acquisition of Rhode, the skincare brand founded by Hailey Bieber. The deal will help elf Beauty expand its skincare footprint and appeal to higher-income consumers.
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1 week ago | 
schaeffersresearch.com | Jake Scott
Retailers are shaking up Wall Street, with earnings reports from Macy’s Inc (NYSE:M), Abercrombie & Fitch Co (NYSE:ANF), and Dick’s Sporting Goods Inc (NYSE:DKS) offering mixed signals on the impact of tariffs, consumer demand, and operational resilience. Macy’s reported adjusted first-quarter earnings of 16 cents per share on revenue of $4.60 billion, topping Wall Street expectations. Still, the company cut its full-year profit forecast, citing tariff hikes and heavier promotions.
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1 week ago | 
schaeffersresearch.com | Jake Scott
CoreWeave Inc (NASDAQ:CRWV) is up 4.2% at $107.02 before the bell, extending its impressive rally since going public in late March. The artificial intelligence (AI) infrastructure firm has surged more than 155% from its initial public offering (IPO) price, even after receiving its first Wall Street downgrade. Barclays cut its rating to “equal weight” from “overweight,” noting long-term optimism but limited short-term upside following the stock’s sharp gains.
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2 weeks ago | 
schaeffersresearch.com | Jake Scott
Stocks struggled to find traction this week, as rising bond yields, a Moody’s U.S. credit downgrade, and profit-taking kept investors on edge. Early gains gave way to choppy price action as Wall Street reacted to renewed macroeconomic pressures. A sharp rise in the 10-year Treasury yield sparked broad selling midweek, with traders increasingly cautious about interest rate policy and the potential for prolonged inflation headwinds.
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2 weeks ago | 
schaeffersresearch.com | Jake Scott
Planet Fitness Inc (NYSE:PLNT) is in focus today after Stifel upgraded the stock to "buy" from "hold," with a price-target hike to $120 from $82. The firm cited stabilizing new membership rates and a number of potential tailwinds that could push comparable sales into the mid- to high-single-digit range over the next several years. Shares of the gym operator are up 1.4% before the bell, set to open just shy of their all-time high of $109.91.
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2 weeks ago | 
fee.org | Jake Scott
Local election results signal wide discontent. In the United Kingdom, a mini political earthquake has thrown everything up into the air. At the beginning of May, several local councils held elections for the county, allowing voters a say in how their local services are managed—bin collection, potholes being filled in, local development plans, etc. These elections are not, therefore, the most decisive electoral events of the calendar.
