E.l.f. Beauty’s profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to impact the cosmetic company’s bottom line. In the three months ended June 30, E.l.f.’s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which sources about 75% of its products…
U.S. President Donald Trump points towards Federal Reserve Chair Jerome Powell holding a document during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters Federal Reserve Governor Adriana Kugler’s surprise resignation last week brought back a scenario that seemed to…
(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro.) Tim Seymour acknowledges it’s hard to navigate the different trade headlines hitting each day, but investors should realize most of these so-called deals are not “real” news and focus on the company fundamentals…
Snowflake and Pinterest are among a handful of companies set to surprise Wall Street when they report earnings, according to Morgan Stanley. Earnings momentum is strong. Nearly three-quarters of S & P 500 companies have reported results so far, with about 82% of the names posting beats on earnings estimates, according to FactSet. With several…
Check out the companies making the biggest moves midday: Apple — The iPhone maker gained more than 5% after a White House official confirmed the company would invest another $100 billion in the U.S. That would bring Apple’s total U.S. investment over the next four years to $600 billion . Grocery Outlet — The discount…
File: Barracks called One Plus One and used by U.S. Army 3rd Infantry Division in Fort Stewart, Georgia. Stephen Morton | Getty Images Five soldiers were shot Wednesday after an active shooter opened fire at Fort Stewart military base in east Georgia, the Army said. The shooter has been “apprehended” by law enforcement and there…
OpenAI CEO Sam Altman speaks during the US Federal Reserve Board of Governors’ “Integrated Review of the Capital Framework for Large Banks Conference” at the Federal Reserve in Washington, DC, on July 22, 2025. Mandel Ngan | AFP | Getty Images OpenAI on Wednesday announced it will offer its ChatGPT Enterprise product to U.S. federal…
People walk by a Claire’s store on December 11, 2024 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Tween retailer Claire’s filed for bankruptcy protection for the second time in seven years on Wednesday in the hopes it can reorganize its business and stave off liquidation. The mall-based boutique, long…
Stock-picking hedge funds climbed modestly in July, in line with the broader market, but their positioning has turned more cautious with the S & P 500 sitting near a record high. Global fundamental long-short hedge funds returned 1.5% in July on an asset-weighted basis, bringing their year-to-date gains to 7.8%, according to data from Goldman…
The head of the biggest railroad labor union in the U.S. is warning of transportation “meltdowns” if labor concerns and conditions are not met in the proposed merger between Union Pacific and Norfolk Southern. The merger, announced last week, would be the largest buyout ever in the rail sector, and would create the nation’s first…
