Nia Warfield

New York

Markets Writer at Sherwood Snacks

Markets Writer at Sherwood News

Markets Writer ✨🖊 @robinhoodsnacks

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Articles

Stocks surge, oil tumbles as traders decide worst is over after ineffectual Iranian response to US strikes

5 days ago | sherwood.news | Nia Warfield |Luke Kawa

While markets were a bit jittery Sunday night following US strikes on Iran this weekend, a relatively minor response from Iran renewed risk appetite as traders saw de-escalation as the most likely path forward. The S&P 500 rose nearly 1%, while the Nasdaq 100 and Russell 2000 closed up 1.1%. West Texas Intermediate prices tumbled 8%. Crude has now completely round-tripped and is trading below levels seen when Israel first attacked Iran.
DoorDash jumps as the delivery giant’s booming ad biz impresses Wall Street

5 days ago | sherwood.news | Nia Warfield

DoorDash shares jumped 3% Monday, trading at three-year highs after Raymond James gave the stock a “strong buy” rating and raised its price target to $260 from $215. Analysts see long-term upside from DoorDash’s recent Deliveroo acquisition and called out untapped synergies that could boost profits as early as 2026. The firm also highlighted DoorDash’s booming advertising business, which now brings in over a billion dollars a year.
Estée Lauder pops as the beauty giant gets an upgrade

5 days ago | sherwood.news | Nia Warfield

Analysts say the stock could get a glow-up as beauty demand bottoms out and Estée’s supply chain expands. Estée Lauder shares jumped after Deutsche Bank upgraded the stock to “buy” from “hold” and raised its price target to $95 from $71. In a new note, analysts said the beauty conglomerate is finally moving beyond its heavy reliance on China and travel retail, shifting focus toward global innovation and more localized decision-making.
Stocks go nowhere

1 week ago | sherwood.news | Nia Warfield |Luke Kawa

The S&P 500 and Nasdaq 100 were little changed in a listless session ahead of the Juneteenth holiday. The Russell 2000 rose 0.5%. Markets gyrated following a Federal Reserve decision that left rates unchanged and a press conference that provided little illumination on the forward outlook.
TKO jumps as Wall Street hypes live event boom for the WWE parent company

1 week ago | sherwood.news | Nia Warfield

(Photo by Craig Melvin/WWE via Getty Images)Analysts see upside from TKO’s popular live entertainment footprint and upcoming UFC deal. TKO shares are up 5% Monday, the second-best performer among S&P 500 constituents, after the WWE and UFC parent got a bullish nod from Bernstein. The firm reiterated its outperform rating on the stock as the company continues to invest and see strong momentum in live sports entertainment.
T-Mobile sinks after SoftBank dumps $4.9 billion of its stock in the telecom giant

1 week ago | sherwood.news | Nia Warfield

T-Mobile shares fell over 4% Tuesday after SoftBank sold off a big chunk of its stake in the telecom company. The Japanese tech conglomerate offloaded 21.5 million shares at $224 each, at the low end of the expected $224 to $228 range, raising about $4.9 billion. For perspective on how big the sale is, it represents about 1.9% of T-Mobile’s public stock. Still, SoftBank owned 85.4 million shares, or 7.5% of T-Mobile, as of March 31.
Solar stocks sink as latest tax bill proposal targets clean energy credits

1 week ago | sherwood.news | Nia Warfield

(Rodger Bosch/Getty Images) Shares of Enphase, First Solar, Sunrun, and others tumbled on the news. Solar stocks lost their shine Tuesday after the latest draft of President Trump’s tax legislation proposed phasing out solar, wind, and other clean energy tax credits by 2028. Shares of Enphase Energy, First Solar, and SolarEdge all dropped more than 20% on the news. The cuts would deal another blow to the once booming sector, which has already been hit by higher interest rates and cooling demand.
US stocks jump on hopes of de-escalation between Israel and Iran

1 week ago | sherwood.news | Nia Warfield |Luke Kawa

US stocks rallied as some of the geopolitical risk premium built into markets late last week dissipated amid reports that Iran is seeking a de-escalation with Israel. The S&P 500 rose 0.9%, the Nasdaq 100 gained 1.4%, and the Russell 2000 ended 1.1% higher on Monday. Communications services was the best-performing S&P sector ETF, with tech, financials, and consumer discretionary also up more than 1%.
Former Estée Lauder CEO Leonard A. Lauder passes away, leaving transformative beauty legacy

1 week ago | sherwood.news | Nia Warfield

The longtime executive helped shape Estée Lauder into a global beauty leader with brand-defining deals and vision. Longtime Estée Lauder Chairman Emeritus Leonard A. Lauder has passed away after more than 60 years with the company. Leonard was the eldest son of Estée and Joseph H. Lauder, the founders of The Estée Lauder Companies. He officially joined the business in 1958 and played a key role in its expansion and was pivotal in the company’s transformation into a global beauty empire.
Victoria’s Secret rises as another activist wants a board overhaul

1 week ago | sherwood.news | Nia Warfield

(Kevin Carter/Getty Images) Barington Capital is pushing for a board shake-up and wants to revamp its key bra division. Victoria’s Secret shares climbed nearly 4% Monday after reports that activist investor Barington Capital Group is building a stake in the struggling lingerie brand. The firm now owns about 1% of the company, according to The Wall Street Journal, and plans to grow that stake.