J.B. Hunt stock plunges 13% after company warns third-quarter earnings will fall
J.B. Hunt shares fell 13% after the trucking company warned third-quarter earnings would decline 5% to 10% due to increased hiring costs and fuel price pressures.
Darden Restaurants stock falls as Olive Garden reports slower growth
Darden Restaurants stock declined after reporting quarterly earnings that fell short of analyst expectations, with Olive Garden’s same-store sales growth slowing to 1.1%.
As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected
Escalating U.S.-Iran military tensions over the weekend prompted Wall Street to reassess potential economic impacts, with concerns focused on rising energy prices and their effects on consumers and corporate earnings.
Nike shares drop as retailer posts disappointing sales, announces layoffs as part of restructuring
Nike reported declining revenue and earnings in its fiscal first quarter, while announcing a restructuring plan that will include layoffs beginning in 2027 as part of a long-term repositioning strategy.
Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings expectations as its beer brands gained market share, though consumer demand remained soft amid economic headwinds and high fuel prices.
The bull market turned 4 years old on Monday. Investors say reaching a fifth birthday could be challenging
The bull market marked its fourth anniversary on Monday with the S&P 500 up nearly 120% since October 2022, driven largely by artificial intelligence enthusiasm, though analysts debate whether a fifth year of gains remains feasible.