News

The price of gold hit an all-time high Thursday, with shares of Newmont and other miners surging along with it as investors sought safe haven assets amid tariff-fueled volatility.

Give Marjorie Taylor Greene credit where it’s due: As stocks tanked on tariff fears, she showed her faith in the president not just with words but dollar bills. The Republican congresswoman, an avid supporter of the Trump administration's trade policies, not only bought stocks last week as others dumped them in a panic — she scooped up some of the biggest losers. Lululemon, Dell Computer, Amazon, the parent of Restoration Hardware and a few others hit hard by Trump's tariff threats were down 40% on average late last week when she pounced.

Shares of non-lethal weapons company Byrna (NASDAQ:BYRN) jumped 10.5% in the afternoon session after the company reported impressive fourth quarter 2024 results, which blew past analysts' EBITDA expectations, while sales and EPS came in roughly in line. What stood out was the 57% jump in sales, a big leap that came from opening new stores in key cities and a big retail deal with Sportsman's which gave the company fresh ways to reach buyers. At the same time, Byrna made more products at lower cos

U.S. parcel volumes hit a record in 2024, but new competitors like Amazon, Walmart and OnTrac are eroding the market share of FedEx and UPS, a new report says. The post FedEx, UPS lose parcel market share to big retailers, smaller couriers appeared first on FreightWaves.

Shares of automotive manufacturer Ford (NYSE:F) fell 5.8% in the afternoon session after Goldman Sachs downgraded the stock, citing growing concerns over trade tariffs on imported vehicles and car parts, which are expected to pressure profit margins and disrupt supply chains across the industry. The firm added, "We downgrade Ford to Neutral from Buy to better reflect a more difficult cyclical dynamic including competition internationally, weaker consumer demand, and what we expect will be higher

Shares of furniture company Lovesac (NASDAQ:LOVE) jumped 19% in the pre-market session after the company reported impressive fourth quarter 2024 results which beat across the board on revenue, EBITDA, and EPS despite a choppy macro. While sales did drop 3.6% from last year, that was mostly because of weaker online and store demand, but adding more stores helped cushion that fall. With better margins and lean costs, earnings per share rose significantly and ahead of expectations. Looking ahead, f

The yellow metal is doing better than ever. What to know about buying gold, its future outlook, and drawbacks.