Dollar Tree’s steady growth could underpin a breakout for the stock, according to JPMorgan. The firm upgraded stock in the discount retailer to overweight from neutral on Thursday and raised its price target to $111 per share from $72. JPMorgan’s new forecast implies about 25% upside from Wednesday’s close. DLTR YTD mountain Dollar Tree stock in 2025. Analyst Matthew Boss pointed to the company’s strong first-quarter results as emblematic of future strength, highlighting its same-store sales and traffic increases. “Multi-year, we see DLTR returning to a double-digit EPS ‘compounder’ with top- and bottom-line drivers in place at the core DT…
Author: usaeverydaylife
People walk past a Lululemon department store in New York City on June 5, 2024.Michael M. Santiago | Getty ImagesLululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a “dynamic macroenvironment.”As the company navigates tariffs and fears about a slowing U.S. economy, CEO Calvin McDonald said in a news release that “we intend to leverage our strong financial position and competitive advantages to play offense, while we continue to invest in the growth opportunities in front of us.”Shares of the apparel company plunged about 20% in extended trading.Here’s how the company did…
The SpaceX Falcon 9 rocket and Dragon spacecraft are seen ahead of a launch at Launch Complex 39A at the NASA’s Kennedy Space Center on March 14, 2025 in Cape Canaveral, Florida. Brandon Bell | Getty ImagesElon Musk on Thursday said that his company SpaceX will begin decommissioning its Dragon spacecraft “immediately” because of threats by President Donald Trump to cancel government contracts with Musk’s businesses.Musk’s announcement, on his social media site X, came amid an escalating war of words with Trump that began after the Tesla CEO criticized the major tax bill being pushed by the Republican president.”In light of…
Investors looking for both a bargain and income can find them in small-cap stocks, but they should be selective, according to Bank of America. Dividends are more prevalent than buybacks in the cohort, with some 40% of the Russell 2000 paying a dividend today, the firm said in a note Tuesday. While small caps face greater risk from tariffs and macro uncertainty, as well as from higher rates, they remain cheap compared with large-cap stocks, equity and quant strategist Jill Carey Hall wrote. The Russell 2000 was the first to enter bear market territory after President Donald Trump ‘s sweeping…
In this photo illustration, banknotes of the Euro, Japanese Yen, Chinese Yuan and U.S. dollar bill are placed under one-ounce silver bullion coins arranged in Katwijk, Netherlands, on Feb. 20, 2021.Yuriko Nakao | Getty Images News | Getty ImagesThe price of silver moved sharply higher Thursday morning and hit its highest level in more than a decade.Silver futures rose as high as $36.27 per troy ounce on Thursday, notching the highest price for the metal since early 2012. Silver futures were last up more than 3% on the day at $35.82 per troy ounce.Stock Chart IconStock chart iconSilver futures were…
President Donald Trump and Elon Musk (R) speak before departing the White House on his way to his South Florida home in Mar-a-Lago in Florida on March 14, 2025.Roberto Schmidt | Afp | Getty ImagesPresident Donald Trump on Thursday called Tesla CEO Elon Musk “CRAZY” and threatened to cut his companies’ government contracts as the two men feuded over a major tax bill.”Go ahead, make my day,” Musk promptly responded.In addition to leading the electric-vehicle maker Tesla, Musk’s businesses include the space exploration and satellite-communication company SpaceX, artificial-intelligence company xAI, tunnel-digger The Boring Company, tech company Neuralink and the social…
Bottles of the American whiskey Jack Daniel’s are offered for sale in a liquor store on November 27, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesShares of Jack Daniel’s-maker Brown-Forman plunged more than 18% on Thursday after the company reported quarterly earnings that came in below analyst estimates, weighed down by the impact of tariffs and weak discretionary spending on alcohol.”While our results did not meet our long-term growth aspirations, we made important progress in an exceptionally challenging macroeconomic environment,” CEO Lawson Whiting said in the company’s earnings release.Here’s how the company performed for its fiscal fourth quarter of 2025,…
Shares of Caterpillar (CAT) have stalled out in recent weeks, pounding out a sideways consolidation phase just below the 200-day moving average. We’re noting a confluence of indicators that suggests a move above $355 could signal a new uptrend phase with an upside target above $400. After a significant rally off the April low, CAT pushed higher into early May when the European tariff news caused shares to gap up to the 200-day moving average. For the past three weeks, the price has remained in a tight trading range between the 200-day moving average around $355 and the upper end of the…
DETROIT — Stellantis said Thursday it is resurrecting its popular V-8 Hemi engine for its Ram 1500 full-size pickup trucks beginning this summer.The company discontinued the 5.7-liter engine amid tightening fuel economy regulations and a companywide push toward electric vehicles and more efficient engines last year under ex-Stellantis CEO Carlos Tavares.Ram CEO Tim Kuniskis, who unretired from the automaker late last year, admitted the decision to cancel the Hemi engine for its popular consumer-focused Ram 1500 was a mistake.”Everyone makes mistakes, but how you handle them defines you. Ram screwed up when we dropped the Hemi — we own it…
This satellite image from Planet Labs PBC shows what appears to be a sunken Chinese submarine at a shipyard near Wuhan, China, on June 15, 2024.Planet Labs PBC via APShares of satellite imagery company Planet Labs soared more than 50% during Thursday’s trading session on the back of its strong first-quarter earnings report.The company on Wednesday posted its first-ever quarter of positive free cash flow, coming in at $8.0 million. Planet Labs also exceeded quarterly estimates on top and bottom lines, reporting record revenue for the period.Stock Chart IconStock chart iconPlanet Labs’ performance over the past dayPlanet Labs posted breakeven…
