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Stock market today: S&P 500, Nasdaq slide after Target earnings with Fed minutes on deck

Stock market today: S&P 500, Nasdaq slide after Target earnings with Fed minutes on deck

Yahoo12 hours ago
US stocks were mixed on Wednesday after a bruising day for tech stocks, as investors weighed the latest retail earnings and waited for Federal Reserve minutes to provide clues to interest-rate cuts.
The Dow Jones Industrial Average (^DJI) was up about 0.1%, while the S&P 500 (^GSPC) slipped about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) fell roughly 0.4%, after weakness in the likes of Palantir (PLTR) and Nvidia (NVDA) dragged on the broader market on Tuesday.
The tech-led selloff has put markets on edge, as investors rotate out of riskier stocks into previously lagging sectors amid concerns about the AI boom's staying power.
Attention is now on the next batch of big retail earnings, with Target's (TGT) results the highlight on Wednesday. Target eked out a profit beat and held to its guidance, but pressures from tariffs and a squeezed consumer added up to another downbeat quarter — and will pose challenges for newly announced CEO Michael Fiddelke. Its shares sank 10%.
Meanwhile, Lowe's (LOW) stock popped after the DIY store chain raised its 2025 forecast as sales returned to growth, easing some concerns after Home Depot's (HD) warning over price rises. Next up are Walmart (WMT) earnings on Thursday, watched for further signs of how companies and consumers are handing President Trump's tariffs.
Read more: The latest on Trump's tariffs
The main event for Wall Street this week, however, lands Friday, when Federal Reserve Chair Jerome Powell will deliver remarks at the Jackson Hole symposium in Wyoming. Investors are eager for a sense of where policymakers stand on the question of interest rate cuts after economic data this month showed they face a tricky dilemma between a weakening labor market and stubborn inflation.
The release of minutes from the Fed's July's meeting on Wednesday will serve as a curtain-raiser to Powell's speech. Policymakers held interest rates steady at that meeting and stressed no decisions had been made about September, despite Trump suggesting otherwise.
Nasdaq leads indexes lower again at the open
US stocks were mixed on Wednesday after a bruising day for tech stocks, as investors weighed the latest retail earnings and waited for Federal Reserve minutes to provide clues to interest-rate cuts.
The Dow Jones Industrial Average (^DJI) was up about 0.1%, while the S&P 500 (^GSPC) slipped about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) fell roughly 0.4%, after weakness in the likes of Palantir (PLTR) and Nvidia (NVDA) dragged on the broader market on Tuesday.
Post-earnings market movers: Target and La-Z-Boy stocks dive, Lowe's rises
Here's a look at how Wall Street is reacting to a burst of earnings reports ahead of the opening bell on Wednesday:
Target (TGT) stock dived more than 10%, facing its worst sell-off since early April. The retailer cleared a low bar of earnings expectations, but comparable sales continued to fall during the quarter.
Lowe's (LOW) stock rose 2.5%. The home improvement retailer reported a return to same-store sales growth, echoing positive results from Home Depot (HD) on Tuesday. Home Depot stock fell 1.3% before the bell.
Estée Lauder (EL) shares fell 5%. The beauty company's annual profit forecast disappointed and executives said they expect a $100 million headwind from tariffs.
Baidu (BIDU) shares edged 0.2% lower. The Chinese search engine company reported a drop in second quarter revenue as strong growth in cloud services was offset by weakness in its core advertising business.
Toll Brothers (TOL) stock added 0.45%. The homebuilder reported an earnings and revenue beat on Tuesday afternoon, though new orders were less than analysts' expected.
La-Z-Boy (LZB) stock tanked 20% after the company missed estimates amid soft demand. Sales for its Joybird furniture brand declined 14%.
Read more live coverage of corporate earnings here
Hertz to sell used cars on Amazon, stock jumps
Hertz (HTZ) stock rose over 10% after the car rental company announced it is teaming up with Amazon (AMZN) to sell pre-owned vehicles.
Customers will be able to browse Hertz used car sales on Amazon, purchase vehicles online, and then pick them up at select Hertz locations. It will initially be offered in Dallas, Houston, Los Angeles, and Seattle, with plans to expand to 45 locations nationwide.
Hertz sells pre-owned cars in addition to renting them out. The company is in the midst of a turnaround, and shares have outperformed this year with a 42% year-to-date rise.
Read more here.
Intel's advantages from a Trump deal could be worth as much as the money
What would it take for Intel (INTC) to turn its business around? Yahoo Finance's Hamza Shaban digs into that question in today's Morning Brief.
Read more here.
This summer's hottest trend on Wall Street: 'Private for longer'
Continuation funds have become hugely popular among America's biggest private fund managers this year.
Yahoo Finance's David Hollerith breaks down why, and exactly how they work:
Read more here.
Palantir stock on track to extend losing streak
Palantir stock (PLTR) looks like it may extend its losing streak to six trading days after reaching an all-time high.
Shares fell 3% in premarket trading on Wednesday after a 9% decline on Tuesday. Since hitting $186.97 per share on Aug. 12, the stock is now trading around $153, putting it 18% off its record closing high.
Investors rotating out of large-cap tech names and a bearish report from short seller Citron Research have weighed on the stock.
Read more here.
Target stock sinks after earnings eke out a beat, but sales keep falling
Target's (TGT) results on Wednesday morning weren't as shockingly bad as for the first quarter, but the retailer is still struggling to find its place in the new economic norm of more discerning shoppers.
Shares in the US retail giant sank 10% in premarket trading as the announcement of a new CEO still left investors wanting more.
Yahoo Finance's Brian Sozzi reports:
Read more here.
Good morning. Here's what's happening today.
Economic data: FOMC Minutes (July 30-31 meeting); MBA weekly mortgage applications
Earnings: Target (TGT), Baidu (BIDU), Lowe's (LOW), TJX Companies (TJX), Estée Lauder (EL)
Here are some of the biggest stories you may have missed overnight and early this morning:
Target earnings miss the mark as sales keep falling
Target will have a new CEO for the first time since 2014
Intel's Trump deal perks may rival the money
Buffett effect still holds as UnitedHealth soars through August
This summer's hottest trend on Wall Street: 'Private for longer'
US housing warning sparks worst James Hardie selloff since 1973
US treasury chief says status quo with China 'working pretty well'
Sales of foreign-branded phones in China down 31.3% in June: Data
China exports of key rare-earth EV magnets hit 6-month high
Target will have a new CEO... and he will not have it easy
Target (TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.
The discounter announced that longtime CEO Brian Cornell's heavily groomed No. 2, Michael Fiddelke, will take over as CEO on Feb. 1, 2026. Cornell, who has been CEO of Target since August 2014, will slide into the executive chair position for an undetermined period of time. Fiddelke joined Target in 2003 as an intern and rose through the ranks to CFO and then COO.
"I've had this conversation with the board for a number of years, and I've been in the role for 11 years. I'm going into my 12th now. I will actually turn 67 early next year, and I think it's time for me to step back, recharge, spend a lot more time with my family, a lot fewer nights in hotels, and be a great supporter of Michael and the team for the rest of my life," Cornell told me by video call while sitting next to Fiddelke at the company's Minneapolis headquarters.
Fiddelke added, "I bleed Target red after 20 years here, and there's nothing more important to me than working with the incredible team that we have to chart the next chapter for Target. I mean, I've seen us in that 20 years at our best. I've seen us not at our best. When we're at our best, we are pretty darn tough to beat."
To students of Target history such as myself, this decision isn't a surprise. For one, Fiddelke has been Cornell's right-hand man for several years now. It has become quite apparent over the past year that he was grooming Fiddelke to take over while also working behind the scenes to get board buy-in. I have gotten to know Fiddelke in recent years. He is a nice fella and has indeed earned the opportunity to sit in the CEO seat.
If this was any other time for Target, the decision would probably be celebrated. It's not often an intern at a company becomes its CEO. The only comparable story I can think of is Walmart (WMT) CEO Doug McMillon going from truck loader at the retailer to CEO.
But Fiddelke will unlikely have a honeymoon period, seeing as he has been there at Target during its past 24 months of struggles (which includes a weak second quarter). People I have talked to wanted an outsider as Target's next CEO, fresh eyes to come in and fix what is wrong (not unlike when Cornell was brought in back in 2014 — his career was mostly spent at Walmart and PepsiCo (PEP)). Fiddelke will be seen as a continuation of a strategy that hasn't been working.
I asked him on the call how candid he plans to be in the early going on the strategy review, which is what all new leaders do. He sounded like he was ready to divert from Cornell's playbook and shake things up. He will have to do just that, and quickly, to win over a likely skeptical Wall Street.
US tech stocks hit by concerns over future of AI boom
Wall Street is digging into the factors behind this week's selloff in tech stocks, with many seeing it as a timely rotation out of riskier names. There are a few potential triggers, the Financial Times reports:
Read more here (premium)
Premarket trending tickers: Estée Lauder, Micron and Toll Brothers
Here's a look at some of the top stocks trending in premarket trading:
Estée Lauder (EL) stock fell 8% before the bell on Wednesday after the beauty group forecast annual profit below Wall Street estimates, as it grapples with persistent weakness in the US and China markets and tariff uncertainty.
Micron Technology, Inc. (MU) shares slipped 2% in premarket trading Wednesday following news that the US government is looking into taking equity stakes in computer chip manufacturers that received CHIPS Act funding to build factories in the US.
Toll Brothers (TOL) stock fell 3% before the bell after beating Wall Street estimates for its third quarter earnings. A slowdown in new orders weighed on the stock, sending shares down.
US housing warning sparks worst James Hardie selloff since 1973
A profit warning from James Hardie (JHX, JHX.XA) has fueled worries about recession in the US housing market and sent the Australian building materials giant's stock tumbling on Wall Street before the bell.
Bloomberg reports:
Read more here.
Gold maintains drop with Fed in focus
Bloomberg reports:
Read more here.
Nasdaq leads indexes lower again at the open
US stocks were mixed on Wednesday after a bruising day for tech stocks, as investors weighed the latest retail earnings and waited for Federal Reserve minutes to provide clues to interest-rate cuts.
The Dow Jones Industrial Average (^DJI) was up about 0.1%, while the S&P 500 (^GSPC) slipped about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) fell roughly 0.4%, after weakness in the likes of Palantir (PLTR) and Nvidia (NVDA) dragged on the broader market on Tuesday.
US stocks were mixed on Wednesday after a bruising day for tech stocks, as investors weighed the latest retail earnings and waited for Federal Reserve minutes to provide clues to interest-rate cuts.
The Dow Jones Industrial Average (^DJI) was up about 0.1%, while the S&P 500 (^GSPC) slipped about 0.2%. The tech-heavy Nasdaq Composite (^IXIC) fell roughly 0.4%, after weakness in the likes of Palantir (PLTR) and Nvidia (NVDA) dragged on the broader market on Tuesday.
Post-earnings market movers: Target and La-Z-Boy stocks dive, Lowe's rises
Here's a look at how Wall Street is reacting to a burst of earnings reports ahead of the opening bell on Wednesday:
Target (TGT) stock dived more than 10%, facing its worst sell-off since early April. The retailer cleared a low bar of earnings expectations, but comparable sales continued to fall during the quarter.
Lowe's (LOW) stock rose 2.5%. The home improvement retailer reported a return to same-store sales growth, echoing positive results from Home Depot (HD) on Tuesday. Home Depot stock fell 1.3% before the bell.
Estée Lauder (EL) shares fell 5%. The beauty company's annual profit forecast disappointed and executives said they expect a $100 million headwind from tariffs.
Baidu (BIDU) shares edged 0.2% lower. The Chinese search engine company reported a drop in second quarter revenue as strong growth in cloud services was offset by weakness in its core advertising business.
Toll Brothers (TOL) stock added 0.45%. The homebuilder reported an earnings and revenue beat on Tuesday afternoon, though new orders were less than analysts' expected.
La-Z-Boy (LZB) stock tanked 20% after the company missed estimates amid soft demand. Sales for its Joybird furniture brand declined 14%.
Read more live coverage of corporate earnings here
Here's a look at how Wall Street is reacting to a burst of earnings reports ahead of the opening bell on Wednesday:
Target (TGT) stock dived more than 10%, facing its worst sell-off since early April. The retailer cleared a low bar of earnings expectations, but comparable sales continued to fall during the quarter.
Lowe's (LOW) stock rose 2.5%. The home improvement retailer reported a return to same-store sales growth, echoing positive results from Home Depot (HD) on Tuesday. Home Depot stock fell 1.3% before the bell.
Estée Lauder (EL) shares fell 5%. The beauty company's annual profit forecast disappointed and executives said they expect a $100 million headwind from tariffs.
Baidu (BIDU) shares edged 0.2% lower. The Chinese search engine company reported a drop in second quarter revenue as strong growth in cloud services was offset by weakness in its core advertising business.
Toll Brothers (TOL) stock added 0.45%. The homebuilder reported an earnings and revenue beat on Tuesday afternoon, though new orders were less than analysts' expected.
La-Z-Boy (LZB) stock tanked 20% after the company missed estimates amid soft demand. Sales for its Joybird furniture brand declined 14%.
Read more live coverage of corporate earnings here
Hertz to sell used cars on Amazon, stock jumps
Hertz (HTZ) stock rose over 10% after the car rental company announced it is teaming up with Amazon (AMZN) to sell pre-owned vehicles.
Customers will be able to browse Hertz used car sales on Amazon, purchase vehicles online, and then pick them up at select Hertz locations. It will initially be offered in Dallas, Houston, Los Angeles, and Seattle, with plans to expand to 45 locations nationwide.
Hertz sells pre-owned cars in addition to renting them out. The company is in the midst of a turnaround, and shares have outperformed this year with a 42% year-to-date rise.
Read more here.
Hertz (HTZ) stock rose over 10% after the car rental company announced it is teaming up with Amazon (AMZN) to sell pre-owned vehicles.
Customers will be able to browse Hertz used car sales on Amazon, purchase vehicles online, and then pick them up at select Hertz locations. It will initially be offered in Dallas, Houston, Los Angeles, and Seattle, with plans to expand to 45 locations nationwide.
Hertz sells pre-owned cars in addition to renting them out. The company is in the midst of a turnaround, and shares have outperformed this year with a 42% year-to-date rise.
Read more here.
Intel's advantages from a Trump deal could be worth as much as the money
What would it take for Intel (INTC) to turn its business around? Yahoo Finance's Hamza Shaban digs into that question in today's Morning Brief.
Read more here.
What would it take for Intel (INTC) to turn its business around? Yahoo Finance's Hamza Shaban digs into that question in today's Morning Brief.
Read more here.
This summer's hottest trend on Wall Street: 'Private for longer'
Continuation funds have become hugely popular among America's biggest private fund managers this year.
Yahoo Finance's David Hollerith breaks down why, and exactly how they work:
Read more here.
Continuation funds have become hugely popular among America's biggest private fund managers this year.
Yahoo Finance's David Hollerith breaks down why, and exactly how they work:
Read more here.
Palantir stock on track to extend losing streak
Palantir stock (PLTR) looks like it may extend its losing streak to six trading days after reaching an all-time high.
Shares fell 3% in premarket trading on Wednesday after a 9% decline on Tuesday. Since hitting $186.97 per share on Aug. 12, the stock is now trading around $153, putting it 18% off its record closing high.
Investors rotating out of large-cap tech names and a bearish report from short seller Citron Research have weighed on the stock.
Read more here.
Palantir stock (PLTR) looks like it may extend its losing streak to six trading days after reaching an all-time high.
Shares fell 3% in premarket trading on Wednesday after a 9% decline on Tuesday. Since hitting $186.97 per share on Aug. 12, the stock is now trading around $153, putting it 18% off its record closing high.
Investors rotating out of large-cap tech names and a bearish report from short seller Citron Research have weighed on the stock.
Read more here.
Target stock sinks after earnings eke out a beat, but sales keep falling
Target's (TGT) results on Wednesday morning weren't as shockingly bad as for the first quarter, but the retailer is still struggling to find its place in the new economic norm of more discerning shoppers.
Shares in the US retail giant sank 10% in premarket trading as the announcement of a new CEO still left investors wanting more.
Yahoo Finance's Brian Sozzi reports:
Read more here.
Target's (TGT) results on Wednesday morning weren't as shockingly bad as for the first quarter, but the retailer is still struggling to find its place in the new economic norm of more discerning shoppers.
Shares in the US retail giant sank 10% in premarket trading as the announcement of a new CEO still left investors wanting more.
Yahoo Finance's Brian Sozzi reports:
Read more here.
Good morning. Here's what's happening today.
Economic data: FOMC Minutes (July 30-31 meeting); MBA weekly mortgage applications
Earnings: Target (TGT), Baidu (BIDU), Lowe's (LOW), TJX Companies (TJX), Estée Lauder (EL)
Here are some of the biggest stories you may have missed overnight and early this morning:
Target earnings miss the mark as sales keep falling
Target will have a new CEO for the first time since 2014
Intel's Trump deal perks may rival the money
Buffett effect still holds as UnitedHealth soars through August
This summer's hottest trend on Wall Street: 'Private for longer'
US housing warning sparks worst James Hardie selloff since 1973
US treasury chief says status quo with China 'working pretty well'
Sales of foreign-branded phones in China down 31.3% in June: Data
China exports of key rare-earth EV magnets hit 6-month high
Economic data: FOMC Minutes (July 30-31 meeting); MBA weekly mortgage applications
Earnings: Target (TGT), Baidu (BIDU), Lowe's (LOW), TJX Companies (TJX), Estée Lauder (EL)
Here are some of the biggest stories you may have missed overnight and early this morning:
Target earnings miss the mark as sales keep falling
Target will have a new CEO for the first time since 2014
Intel's Trump deal perks may rival the money
Buffett effect still holds as UnitedHealth soars through August
This summer's hottest trend on Wall Street: 'Private for longer'
US housing warning sparks worst James Hardie selloff since 1973
US treasury chief says status quo with China 'working pretty well'
Sales of foreign-branded phones in China down 31.3% in June: Data
China exports of key rare-earth EV magnets hit 6-month high
Target will have a new CEO... and he will not have it easy
Target (TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.
The discounter announced that longtime CEO Brian Cornell's heavily groomed No. 2, Michael Fiddelke, will take over as CEO on Feb. 1, 2026. Cornell, who has been CEO of Target since August 2014, will slide into the executive chair position for an undetermined period of time. Fiddelke joined Target in 2003 as an intern and rose through the ranks to CFO and then COO.
"I've had this conversation with the board for a number of years, and I've been in the role for 11 years. I'm going into my 12th now. I will actually turn 67 early next year, and I think it's time for me to step back, recharge, spend a lot more time with my family, a lot fewer nights in hotels, and be a great supporter of Michael and the team for the rest of my life," Cornell told me by video call while sitting next to Fiddelke at the company's Minneapolis headquarters.
Fiddelke added, "I bleed Target red after 20 years here, and there's nothing more important to me than working with the incredible team that we have to chart the next chapter for Target. I mean, I've seen us in that 20 years at our best. I've seen us not at our best. When we're at our best, we are pretty darn tough to beat."
To students of Target history such as myself, this decision isn't a surprise. For one, Fiddelke has been Cornell's right-hand man for several years now. It has become quite apparent over the past year that he was grooming Fiddelke to take over while also working behind the scenes to get board buy-in. I have gotten to know Fiddelke in recent years. He is a nice fella and has indeed earned the opportunity to sit in the CEO seat.
If this was any other time for Target, the decision would probably be celebrated. It's not often an intern at a company becomes its CEO. The only comparable story I can think of is Walmart (WMT) CEO Doug McMillon going from truck loader at the retailer to CEO.
But Fiddelke will unlikely have a honeymoon period, seeing as he has been there at Target during its past 24 months of struggles (which includes a weak second quarter). People I have talked to wanted an outsider as Target's next CEO, fresh eyes to come in and fix what is wrong (not unlike when Cornell was brought in back in 2014 — his career was mostly spent at Walmart and PepsiCo (PEP)). Fiddelke will be seen as a continuation of a strategy that hasn't been working.
I asked him on the call how candid he plans to be in the early going on the strategy review, which is what all new leaders do. He sounded like he was ready to divert from Cornell's playbook and shake things up. He will have to do just that, and quickly, to win over a likely skeptical Wall Street.
Target (TGT) is tapping a homegrown talent as its next CEO at one of the most pivotal moments in its 63-year history.
The discounter announced that longtime CEO Brian Cornell's heavily groomed No. 2, Michael Fiddelke, will take over as CEO on Feb. 1, 2026. Cornell, who has been CEO of Target since August 2014, will slide into the executive chair position for an undetermined period of time. Fiddelke joined Target in 2003 as an intern and rose through the ranks to CFO and then COO.
"I've had this conversation with the board for a number of years, and I've been in the role for 11 years. I'm going into my 12th now. I will actually turn 67 early next year, and I think it's time for me to step back, recharge, spend a lot more time with my family, a lot fewer nights in hotels, and be a great supporter of Michael and the team for the rest of my life," Cornell told me by video call while sitting next to Fiddelke at the company's Minneapolis headquarters.
Fiddelke added, "I bleed Target red after 20 years here, and there's nothing more important to me than working with the incredible team that we have to chart the next chapter for Target. I mean, I've seen us in that 20 years at our best. I've seen us not at our best. When we're at our best, we are pretty darn tough to beat."
To students of Target history such as myself, this decision isn't a surprise. For one, Fiddelke has been Cornell's right-hand man for several years now. It has become quite apparent over the past year that he was grooming Fiddelke to take over while also working behind the scenes to get board buy-in. I have gotten to know Fiddelke in recent years. He is a nice fella and has indeed earned the opportunity to sit in the CEO seat.
If this was any other time for Target, the decision would probably be celebrated. It's not often an intern at a company becomes its CEO. The only comparable story I can think of is Walmart (WMT) CEO Doug McMillon going from truck loader at the retailer to CEO.
But Fiddelke will unlikely have a honeymoon period, seeing as he has been there at Target during its past 24 months of struggles (which includes a weak second quarter). People I have talked to wanted an outsider as Target's next CEO, fresh eyes to come in and fix what is wrong (not unlike when Cornell was brought in back in 2014 — his career was mostly spent at Walmart and PepsiCo (PEP)). Fiddelke will be seen as a continuation of a strategy that hasn't been working.
I asked him on the call how candid he plans to be in the early going on the strategy review, which is what all new leaders do. He sounded like he was ready to divert from Cornell's playbook and shake things up. He will have to do just that, and quickly, to win over a likely skeptical Wall Street.
US tech stocks hit by concerns over future of AI boom
Wall Street is digging into the factors behind this week's selloff in tech stocks, with many seeing it as a timely rotation out of riskier names. There are a few potential triggers, the Financial Times reports:
Read more here (premium)
Wall Street is digging into the factors behind this week's selloff in tech stocks, with many seeing it as a timely rotation out of riskier names. There are a few potential triggers, the Financial Times reports:
Read more here (premium)
Premarket trending tickers: Estée Lauder, Micron and Toll Brothers
Here's a look at some of the top stocks trending in premarket trading:
Estée Lauder (EL) stock fell 8% before the bell on Wednesday after the beauty group forecast annual profit below Wall Street estimates, as it grapples with persistent weakness in the US and China markets and tariff uncertainty.
Micron Technology, Inc. (MU) shares slipped 2% in premarket trading Wednesday following news that the US government is looking into taking equity stakes in computer chip manufacturers that received CHIPS Act funding to build factories in the US.
Toll Brothers (TOL) stock fell 3% before the bell after beating Wall Street estimates for its third quarter earnings. A slowdown in new orders weighed on the stock, sending shares down.
Here's a look at some of the top stocks trending in premarket trading:
Estée Lauder (EL) stock fell 8% before the bell on Wednesday after the beauty group forecast annual profit below Wall Street estimates, as it grapples with persistent weakness in the US and China markets and tariff uncertainty.
Micron Technology, Inc. (MU) shares slipped 2% in premarket trading Wednesday following news that the US government is looking into taking equity stakes in computer chip manufacturers that received CHIPS Act funding to build factories in the US.
Toll Brothers (TOL) stock fell 3% before the bell after beating Wall Street estimates for its third quarter earnings. A slowdown in new orders weighed on the stock, sending shares down.
US housing warning sparks worst James Hardie selloff since 1973
A profit warning from James Hardie (JHX, JHX.XA) has fueled worries about recession in the US housing market and sent the Australian building materials giant's stock tumbling on Wall Street before the bell.
Bloomberg reports:
Read more here.
A profit warning from James Hardie (JHX, JHX.XA) has fueled worries about recession in the US housing market and sent the Australian building materials giant's stock tumbling on Wall Street before the bell.
Bloomberg reports:
Read more here.
Gold maintains drop with Fed in focus
Bloomberg reports:
Read more here.
Bloomberg reports:
Read more here.
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