Target (TGT) is aiming to hit more bull’s-eyes in 2024 after a series of challenges last year. “We’ll be talking about our roadmap for growth, getting Target back to being a growth company, from a comparable sales standpoint, from a traffic standpoint, and from a [market] share standpoint,” Target chairman and CEO Brian Cornell told Yahoo Finance ahead of a closely watched investor day in New York City on Tuesday. Cornell says Target will spend 2024 opening new stores, remodeling existing… Source link
Read More »Bitcoin hits new all-time high near $69,000, before tumbling
Bitcoin (BTC-USD) reached an all-time high Tuesday before falling back as some investors locked in their winnings. A new frenzy surrounding the world’s largest cryptocurrency pushed the price to to $68,869, exceeding the previous high of $68,789 established on Nov. 10, 2021. Then it tumbled below the $60,000 level again in a matter of hours. The new high reinforced a remarkable comeback for bitcoin following a 2022 crash that created huge losses for investors and triggered the downfall of… Source link
Read More »Nasdaq leads market slide as Bitcoin touches new record
US stocks dropped on Tuesday, pulling further away from record highs as uncertainty over interest rate cuts and a shakeup in “Magnificent 7” stocks brought a note of wariness to the market. Contracts on the tech-heavy Nasdaq Composite (^IXIC) led the declines, sinking about 1.8% as a retreat in Apple (AAPL) and Tesla (TSLA) continued to drag on stocks more widely. Apple came under pressure after a report that iPhone sales fell 24% in China, adding to Monday’s loss in the wake of a $2 billion Source link
Read More »Gold rallies amid a ‘perfect storm,’ expectation Fed will cut rates
Gold hit new highs on Tuesday as investors continue to bet that major central banks will start cutting interest rates this year. On Tuesday morning gold futures (GC=F) reached a high of $2,150.50 after April contracts settled at a record $2,126.30 per ounce in the prior session. Tuesday’s intraday spot gold touched a record of $2,141.79 per ounce before paring back gains. The precious metal is considered a safe haven during times of geopolitical tensions and when interest rates decrease. While… Source link
Read More »10 Cars Kept by Their Owners the Longest — What Makes Them Worth Holding Onto for 15+ Years?
With today’s inflated car prices and limited inventory, Americans are more apt to hold on to their cars longer and even drive them into the ground if necessary. Learn How: These 10 Cars Could Drain Your Savings Through Constant RepairsFind Out: Pocket an Extra $400 a Month With This Simple Hack If you’re wondering which vehicles are worth your hard-earned money, and if dependability and longevity are high priorities when you’re thinking of buying, it’s a good idea to see which cars… Source link
Read More »2024 Fantasy Baseball: Draft Sleepers from every American League MLB team
Your definition of fantasy baseball sleeper might vary, but the following list contains undervalued players when compared to ADP. Holliday was the No. 1 pick in the 2022 draft and is coming off a strong season across the minors. He posted a .396 OBP with impressive plate discipline as a 19-year-old in Triple-A, and projection systems call for the rookie to be an above-average hitter right away. Holliday has 15/15 potential yet is available 200+ picks into Yahoo drafts. Crawford posted a 3.96… Source link
Read More »‘Remarkably resilient’ consumers in tough backdrop
Shares of Target (TGT) are trading higher on Tuesday as the company posted its fourth quarter earnings, easily beating Wall Street expectations on both the top and bottom lines. The company also revealed adjusted net earnings jumped 57.8% year over year to $1.38 billion. Target COO and CFO Michael Fiddelke joins the Live show alongside Yahoo Finance Executive Editor Brian Sozzi to discuss Target’s performance and how the company has organized its business model and inventories for better… Source link
Read More »Bitcoin’s new high, Stitch Fix, AT&T, SoFi: Trending tickers
The S&P 500 (^GSPC) opened lower on Tuesday thanks to a decline in tech stocks and concerns about when the Federal Reserve will start cutting rates. It’s a different story for bitcoin (BTC-USD), however, with the cryptocurrency notching a new all-time high. Alibaba (BABA) shares are on the move. The Chinese internet giant is one of the companies investing in Chinese AI startup MiniMax, according to a report from Bloomberg. Stitch Fix (SFIX) shares are trading lower after posting a… Source link
Read More »Bronny James’ realistic professional options and his likely path of development
Over the weekend, reports surfaced that Bronny James, the oldest son of Lakers superstar LeBron James, could elect to stay another year at USC to work on his development and improve his draft stock. Klutch Sports CEO Rich Paul provided some clarity Saturday night and told ESPN’s Adrian Wojnarowski that Bronny’s decision would be based on team interest, not projected draft stock. Bronny has gone through much adversity during his freshman year at USC. He suffered cardiac arrest in August and… Source link
Read More »Warner Bros. Discovery’s Max to begin password-sharing crackdown later this year
The streaming industry’s password-sharing crackdown has claimed its next victim — Warner Bros. Discovery’s (WBD) Max streaming service. The platform formerly known as HBO Max will begin to restrict the practice later this year, with a wider rollout expected in 2025, Yahoo Finance confirmed. The news, first reported by Bloomberg, comes as media companies face pressure from shareholders to scale their streaming services and make them profitable. Streamers can boost their subscribers by… Source link
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