U.S. Stock Market Falls as Buffett Announces Exit; Microsoft Surges, Apple and Skechers in Focus
On Monday, U.S. stocks fell, breaking a nine-day winning streak for both the S&P 500 and Dow Jones Industrial Average. Several key companies made headlines with major updates that influenced their stock prices. Berkshire Hathaway Drops After Warren Buffett’s Exit Announcement Berkshire Hathaway
Dollar General and Dollar Tree Stocks Surge as Consumers Seek Budget-Friendly Options
Stronger-than-Expected Earnings Drive Dollar General’s Growth Dollar General (DG) shares surged 7% on Thursday after the company exceeded Wall Street’s expectations in its fiscal fourth-quarter earnings report. The discount retailer reported higher-than-expected revenue, earnings per share (EPS), and same-store sales growth, driven by
American Eagle Shares Drop 13% Amid Weak Holiday Sales Forecast and Lowered Guidance
Shares of American Eagle fell by about 13% in after-hours trading on Wednesday following the company’s disappointing holiday sales forecast and a reduction in its full-year revenue guidance. Despite strong performance in the back-to-school season, the apparel retailer is facing shifting consumer behavior,