GE Vernova secures first U.S. permit for small nuclear reactor in Tennessee

The Nuclear Regulatory Commission issued a construction permit late September for a new type of nuclear reactor manufactured by GE Vernova’s nuclear venture, boosting the company’s power segment and reflecting heightened public and regulatory support for U.S. nuclear...

Tractor sales are sinking. Farm equipment stocks aren’t.

Farm equipment stocks are rallying in the face of one of the worst markets for tractors and combines in years, a sign investors think there is nowhere to go but up. Shares of Deere have risen 48% this year to close Friday at $690.46, while shares of CNH Industrial...

Target is outpacing their retail competitors

Move over Prime Day, Target Circle deal days have entered the race. Target is currently experiencing a major windfall in the retail sector, with its shares surging roughly 60% year-to-date. The retailer's aggressive campaign to reposition itself as an affordable...

Tyson’s pork bill grows as beef losses bite

Tyson Foods will pay $48 million to settle claims that it drove up pork prices between 2014 and 2018, adding to the meat giant’s growing legal bill over allegations of price fixing. A federal judge on Oct. 1 gave final approval to the settlement with restaurants and...

Yum! Brands sheds Pizza Hut to prioritize Taco Bell, KFC

With nearly $3 billion in cash from the sale of its Pizza Hut brand, Yum! brands plans to focus on its restaurants with greater growth potential.  The company completed the sale of Pizza Hut’s business, outside of mainland China, to LongRange Capital on Sept. 1 for...

D.R. Horton boosts its stock buybacks

D.R. Horton (DHI) is increasing its stock buyback as it tries to project confidence in its prospects after a tough year for housing companies. The company said in an 8K filing on Sept. 15 that it is now expecting to buy at least $3.25 billion of their equity by the...

The AI chip market is booming, but can it keep up with investor spending

Let the chips fall where they may, micro-chips that is. With high demand from the AI boom, chip companies in the semiconductor sector are cashing in. But investors are becoming increasingly focused on what could derail the trade if they were to face a potential...

Lawsuit alleges Costco misled members about ethically sourced products

Costco is known for bulk, low-price items, but a new lawsuit in Oregon alleges Costco’s cost savings come at the price of ethical labor practices.  A class action suit filed against the company on Thursday claims Costco, despite claiming to prioritize safe and ethical...

The New York Times Goes All-In On Video

There are about to be a lot more faces in the New York Times’ coverage as the paper of record is forging ahead with its pivot to video strategy, aggressively expanding its short-form video team. “We're in a race against time to make sure that good-quality journalism...

Has Williams-Sonoma Stock Hit Its Ceiling?

After months of impressive growth, home furnishing retailer Williams-Sonoma’s stock is poised to hit a wall.  Williams-Sonoma’s 30% year-to-date growth has outpaced the S&P 500, the consumer cyclical sector’s overall growth and competitors RH (formerly Restoration...
Trump’s policies dampened tourism. The slowdown now hurts American businesses.

Trump’s policies dampened tourism. The slowdown now hurts American businesses.

The country is losing its post-pandemic momentum in travel and tourism, and it’s further strained by broader economic conditions and immigration policies under President Donald Trump. Rising costs and tighter job markets meant people are conserving cash and travel is slipping down their priority list. Stricter visa regulations, immigration uncertainties, and Trump’s aggressive language toward other nations like Canada are also dampening the country’s tourism appeal.

read more