Trending News
Stay ahead with Intellectia's Trending News, delivering the latest financial market updates and insights.
Macy’s Surprises with Profit Amid Turnaround Plan
Macy’s reported an unexpected profit in Q3, driven by a 3.2% rise in comparable sales and strategic improvements under CEO Tony Spring. The company raised its annual financial guidance as its turnaround strategy, including store modernization and exclusive merchandise, begins to resonate with shoppers. Despite sales growth in revamped stores, overall net sales slightly declined due to store closures, highlighting the challenges ahead.
03 Dec 25
Thanksgiving Market Rally: Robinhood, Dell, Deere Moves
Ahead of Thanksgiving, U.S. markets rallied with the Dow, S&P 500, and Nasdaq seeing nearly 1% gains. Robinhood shares surged 10% following its LedgerX acquisition, while Dell jumped 7% on strong AI demand. Conversely, Deere dropped 5% due to weak forecasts, and HP fell 2% amid layoffs and cost-cutting measures.
27 Nov 25
Best Buy Raises Sales Outlook for Holiday Season
Best Buy exceeded Wall Street expectations for Q3, reporting a 2.7% rise in comparable-store sales, driven by strong demand for tech products like computers, gaming systems, and mobile phones. The retailer raised its full-year revenue forecast to $41.65-$41.95 billion and expects a 0.5%-1.2% increase in same-store sales. CEO Corie Barry highlighted innovation and replacement cycles as key growth factors. With these results, Best Buy is optimistic about the upcoming holiday season, despite broader economic uncertainties.
25 Nov 25
Fed's December Rate Cut Odds Rise Amid Debate
New York Fed President John Williams has indicated potential room for a December rate cut, citing a softening labor market and easing inflation risks. His comments significantly shifted market expectations, with rate cut odds rising to 70% from 35%. However, other Fed officials remain cautious, emphasizing the need for clear evidence before adjusting rates further. The ongoing debate underscores the Fed's balancing act between inflation control and supporting the job market.
22 Nov 25
Ray Dalio Warns of Market Bubbles, Advises Caution
Hedge fund legend Ray Dalio highlights the presence of market bubbles, comparing the current environment to historic periods like the 1929 crash and the dot-com bubble. While not advising immediate selling, Dalio recommends investors protect themselves by diversifying assets, holding gold, and reducing credit exposure. He emphasizes that bubbles burst when economic realities catch up, often triggered by external catalysts such as monetary tightening. Despite the warning signs, Dalio suggests investors remain cautious yet strategic in navigating the market.
21 Nov 25
Nvidia Q3 Earnings Highlight AI Boom
Nvidia reported record-breaking Q3 revenue of $57 billion, marking a 62% year-over-year growth and exceeding Wall Street expectations. CEO Jensen Huang emphasized surging demand for AI-driven technologies, with Blackwell chips leading the way. The company projected Q4 revenue between $63.7 billion and $66.3 billion, reflecting the growing adoption of AI solutions across industries. Nvidia's strong performance has bolstered confidence in the AI sector, influencing related stocks like AMD and Micron.
20 Nov 25
Dutch Suspends Control of Nexperia Amid Chip Talks
The Dutch government has suspended its intervention in Nexperia, a Chinese-owned chipmaker, in a goodwill gesture following constructive talks with China. The dispute, which had disrupted global automotive chip supply chains, now shows signs of resolution as Beijing has eased export restrictions. Dutch Economic Affairs Minister Vincent Karremans expressed optimism regarding the restoration of chip supplies, emphasizing the importance of continued cooperation between the two nations to ensure stable global supply chains.
19 Nov 25
Lower Tariffs to Ease Coffee, Banana Prices? Experts Weigh
The White House has announced new trade agreements with Latin American countries to lower tariffs on goods like coffee and bananas. Experts suggest this could modestly reduce prices for these staples, though the impact may be limited due to global supply chain issues and weather-related shortages. While bananas are expected to see slight price relief, coffee prices may remain high as major exporters like Brazil are not included in the tariff reductions.
15 Nov 25
Walmart CEO Doug McMillon to Retire in January
Walmart CEO Doug McMillon will retire in January after a decade of leadership. John Furner, currently CEO of Walmart U.S., will succeed him starting February 1. McMillon, who transformed Walmart with a focus on e-commerce and technology, will remain on the board until the annual shareholders meeting in June to ensure a smooth transition. Furner, a Walmart veteran since 1993, brings extensive experience in operations and leadership to his new role.
14 Nov 25
Tech Stocks Dive; Bitcoin Hits Lowest Since May
Stock futures point to a steep decline as tech stocks, including Tesla and Nvidia, continue their selloff. Bitcoin also hit its lowest level since May, exacerbating the risk-off sentiment in the market. Concerns over high valuations in the tech sector and doubts over a potential Federal Reserve rate cut have shaken investor confidence. Additionally, Walmart announced a leadership change, while crypto-tied stocks and gold futures suffered losses.
14 Nov 25
Longest Government Shutdown Ends as Trump Signs Bill
The historic 43-day U.S. government shutdown concluded after President Trump signed an interim funding bill. Federal operations are set to resume gradually, with workers expected back on the job and backpay to be processed. The shutdown impacted the economy, cutting GDP growth by 1.5 percentage points in Q4, and caused disruptions to food aid, air travel, and data releases. While the deal provides temporary funding until January 30, unresolved issues like healthcare subsidies may spark renewed debates.
13 Nov 25
Anthropic's $50B Data Center Expansion Plan
Anthropic has announced a $50 billion investment to build AI-focused data centers in Texas and New York by 2026, in partnership with Fluidstack. These centers aim to support the company’s Claude AI models and meet the growing demands of over 300,000 business customers. The initiative will create 2,400 construction jobs and 800 permanent positions, reflecting Anthropic’s commitment to scalable and efficient infrastructure. However, concerns over the sustainability of such large-scale AI investments persist amidst increasing competition in the industry.
13 Nov 25
Stock Futures Rise Amid Shutdown Resolution Hopes
Stock futures climbed on Wednesday as optimism grew over the potential resolution of the 43-day U.S. government shutdown. The Dow, S&P 500, and Nasdaq futures rose modestly following mixed results in prior trading sessions. Advanced Micro Devices (AMD) led gains in tech after projecting strong AI-driven growth. Meanwhile, legislation to fund the government passed the Senate and awaits a House vote. Key corporate earnings, including Circle Internet Group and On Holding, showed mixed results, while market focus remains on AI trends and economic recovery signals.
12 Nov 25
Nasdaq’s AI Rally Falters Amid Tech Sell-Off
The Nasdaq Composite experienced its worst week since April as tech stocks, driven by skepticism over AI valuations, faced a significant sell-off. High-profile companies like Nvidia and Palantir saw sharp declines, raising questions about the sustainability of the AI investment boom. Meanwhile, prolonged government shutdown concerns and declining consumer sentiment further weighed on market confidence, highlighting broader economic challenges.
08 Nov 25
Tesla Shareholders Approve Elon Musk's $1 Trillion Deal
Tesla shareholders have approved a groundbreaking $1 trillion pay package for CEO Elon Musk. The compensation plan, supported by 75% of shareholders, ties Musk's rewards to ambitious targets, including significant market value growth and production milestones. While some investors expressed concerns over the plan's scale, the majority backed it, emphasizing Musk's pivotal role in Tesla's success. The deal highlights Tesla's focus on future innovations, including robotaxis and humanoid robots, amidst ongoing regulatory and financial challenges.
07 Nov 25
Government Shutdown Threatens Air Travel Chaos
The ongoing government shutdown could disrupt air travel significantly, with the FAA planning a 10% reduction in air traffic at 40 major airports. These measures aim to address staff shortages, particularly among unpaid air traffic controllers, and could lead to flight cancellations and delays during the busy holiday season. Airlines are offering flexible rebooking options, but the uncertainty has already impacted airline stocks and raised concerns among travelers.
07 Nov 25
ESPN Ends PENN Partnership, Joins DraftKings
ESPN has prematurely ended its sports betting partnership with PENN Entertainment, initially set for 10 years. Starting December 1, ESPN will collaborate with DraftKings as its exclusive sportsbook partner. PENN will rebrand its sportsbook as theScore Bet. The move aligns ESPN with a leading sports betting provider to enhance its digital and consumer experience, while PENN shifts focus to its iCasino business.
06 Nov 25
Stock Futures Dip Amid AI Bubble Concerns
U.S. stock futures declined as investors grapple with concerns over AI stock valuations and mixed earnings reports. Major indices, including the Nasdaq, S&P 500, and Dow Jones, showed premarket losses following a tech-led sell-off. Despite strong earnings, companies like AMD and Pinterest saw significant stock drops, reflecting market unease. Meanwhile, the ADP employment report indicated modest job growth in October, against the backdrop of the ongoing government shutdown.
05 Nov 25
AMD Reports Record Q3 Earnings Growth
Advanced Micro Devices (AMD) announced record-breaking Q3 results, reporting a 36% revenue growth year-over-year at $9.25 billion, surpassing analysts' estimates. Driven by strong demand for data center chips and AI accelerators, AMD's data center revenue rose 22% to $4.3 billion. The company also provided optimistic Q4 guidance, projecting $9.3 billion to $9.9 billion in revenue. CEO Lisa Su highlighted AMD's growth trajectory in the AI and compute markets as key drivers for future performance.
05 Nov 25
Stock Futures Drop Amid Earnings and Valuation Concerns
Stock futures fell on Tuesday as investors digested mixed corporate earnings and concerns over high market valuations. Palantir shares dropped 7% despite record revenue and strong AI demand, while Wall Street CEOs predicted a 10% market correction in the next 12-24 months. Meanwhile, Starbucks announced a $4 billion joint venture in China, and Sarepta shares plunged 35% after disappointing trial results. Bitcoin also declined, while Treasury yields and gold prices remained stable.
04 Nov 25
Macy’s Surprises with Profit Amid Turnaround Plan
Macy’s reported an unexpected profit in Q3, driven by a 3.2% rise in comparable sales and strategic improvements under CEO Tony Spring. The company raised its annual financial guidance as its turnaround strategy, including store modernization and exclusive merchandise, begins to resonate with shoppers. Despite sales growth in revamped stores, overall net sales slightly declined due to store closures, highlighting the challenges ahead.
03 Dec 25
Thanksgiving Market Rally: Robinhood, Dell, Deere Moves
Ahead of Thanksgiving, U.S. markets rallied with the Dow, S&P 500, and Nasdaq seeing nearly 1% gains. Robinhood shares surged 10% following its LedgerX acquisition, while Dell jumped 7% on strong AI demand. Conversely, Deere dropped 5% due to weak forecasts, and HP fell 2% amid layoffs and cost-cutting measures.
27 Nov 25
Best Buy Raises Sales Outlook for Holiday Season
Best Buy exceeded Wall Street expectations for Q3, reporting a 2.7% rise in comparable-store sales, driven by strong demand for tech products like computers, gaming systems, and mobile phones. The retailer raised its full-year revenue forecast to $41.65-$41.95 billion and expects a 0.5%-1.2% increase in same-store sales. CEO Corie Barry highlighted innovation and replacement cycles as key growth factors. With these results, Best Buy is optimistic about the upcoming holiday season, despite broader economic uncertainties.
25 Nov 25
Fed's December Rate Cut Odds Rise Amid Debate
New York Fed President John Williams has indicated potential room for a December rate cut, citing a softening labor market and easing inflation risks. His comments significantly shifted market expectations, with rate cut odds rising to 70% from 35%. However, other Fed officials remain cautious, emphasizing the need for clear evidence before adjusting rates further. The ongoing debate underscores the Fed's balancing act between inflation control and supporting the job market.
22 Nov 25
Ray Dalio Warns of Market Bubbles, Advises Caution
Hedge fund legend Ray Dalio highlights the presence of market bubbles, comparing the current environment to historic periods like the 1929 crash and the dot-com bubble. While not advising immediate selling, Dalio recommends investors protect themselves by diversifying assets, holding gold, and reducing credit exposure. He emphasizes that bubbles burst when economic realities catch up, often triggered by external catalysts such as monetary tightening. Despite the warning signs, Dalio suggests investors remain cautious yet strategic in navigating the market.
21 Nov 25
Nvidia Q3 Earnings Highlight AI Boom
Nvidia reported record-breaking Q3 revenue of $57 billion, marking a 62% year-over-year growth and exceeding Wall Street expectations. CEO Jensen Huang emphasized surging demand for AI-driven technologies, with Blackwell chips leading the way. The company projected Q4 revenue between $63.7 billion and $66.3 billion, reflecting the growing adoption of AI solutions across industries. Nvidia's strong performance has bolstered confidence in the AI sector, influencing related stocks like AMD and Micron.
20 Nov 25
Dutch Suspends Control of Nexperia Amid Chip Talks
The Dutch government has suspended its intervention in Nexperia, a Chinese-owned chipmaker, in a goodwill gesture following constructive talks with China. The dispute, which had disrupted global automotive chip supply chains, now shows signs of resolution as Beijing has eased export restrictions. Dutch Economic Affairs Minister Vincent Karremans expressed optimism regarding the restoration of chip supplies, emphasizing the importance of continued cooperation between the two nations to ensure stable global supply chains.
19 Nov 25
Lower Tariffs to Ease Coffee, Banana Prices? Experts Weigh
The White House has announced new trade agreements with Latin American countries to lower tariffs on goods like coffee and bananas. Experts suggest this could modestly reduce prices for these staples, though the impact may be limited due to global supply chain issues and weather-related shortages. While bananas are expected to see slight price relief, coffee prices may remain high as major exporters like Brazil are not included in the tariff reductions.
15 Nov 25
Walmart CEO Doug McMillon to Retire in January
Walmart CEO Doug McMillon will retire in January after a decade of leadership. John Furner, currently CEO of Walmart U.S., will succeed him starting February 1. McMillon, who transformed Walmart with a focus on e-commerce and technology, will remain on the board until the annual shareholders meeting in June to ensure a smooth transition. Furner, a Walmart veteran since 1993, brings extensive experience in operations and leadership to his new role.
14 Nov 25
Tech Stocks Dive; Bitcoin Hits Lowest Since May
Stock futures point to a steep decline as tech stocks, including Tesla and Nvidia, continue their selloff. Bitcoin also hit its lowest level since May, exacerbating the risk-off sentiment in the market. Concerns over high valuations in the tech sector and doubts over a potential Federal Reserve rate cut have shaken investor confidence. Additionally, Walmart announced a leadership change, while crypto-tied stocks and gold futures suffered losses.
14 Nov 25
Longest Government Shutdown Ends as Trump Signs Bill
The historic 43-day U.S. government shutdown concluded after President Trump signed an interim funding bill. Federal operations are set to resume gradually, with workers expected back on the job and backpay to be processed. The shutdown impacted the economy, cutting GDP growth by 1.5 percentage points in Q4, and caused disruptions to food aid, air travel, and data releases. While the deal provides temporary funding until January 30, unresolved issues like healthcare subsidies may spark renewed debates.
13 Nov 25
Anthropic's $50B Data Center Expansion Plan
Anthropic has announced a $50 billion investment to build AI-focused data centers in Texas and New York by 2026, in partnership with Fluidstack. These centers aim to support the company’s Claude AI models and meet the growing demands of over 300,000 business customers. The initiative will create 2,400 construction jobs and 800 permanent positions, reflecting Anthropic’s commitment to scalable and efficient infrastructure. However, concerns over the sustainability of such large-scale AI investments persist amidst increasing competition in the industry.
13 Nov 25
Stock Futures Rise Amid Shutdown Resolution Hopes
Stock futures climbed on Wednesday as optimism grew over the potential resolution of the 43-day U.S. government shutdown. The Dow, S&P 500, and Nasdaq futures rose modestly following mixed results in prior trading sessions. Advanced Micro Devices (AMD) led gains in tech after projecting strong AI-driven growth. Meanwhile, legislation to fund the government passed the Senate and awaits a House vote. Key corporate earnings, including Circle Internet Group and On Holding, showed mixed results, while market focus remains on AI trends and economic recovery signals.
12 Nov 25
Nasdaq’s AI Rally Falters Amid Tech Sell-Off
The Nasdaq Composite experienced its worst week since April as tech stocks, driven by skepticism over AI valuations, faced a significant sell-off. High-profile companies like Nvidia and Palantir saw sharp declines, raising questions about the sustainability of the AI investment boom. Meanwhile, prolonged government shutdown concerns and declining consumer sentiment further weighed on market confidence, highlighting broader economic challenges.
08 Nov 25
Tesla Shareholders Approve Elon Musk's $1 Trillion Deal
Tesla shareholders have approved a groundbreaking $1 trillion pay package for CEO Elon Musk. The compensation plan, supported by 75% of shareholders, ties Musk's rewards to ambitious targets, including significant market value growth and production milestones. While some investors expressed concerns over the plan's scale, the majority backed it, emphasizing Musk's pivotal role in Tesla's success. The deal highlights Tesla's focus on future innovations, including robotaxis and humanoid robots, amidst ongoing regulatory and financial challenges.
07 Nov 25
Government Shutdown Threatens Air Travel Chaos
The ongoing government shutdown could disrupt air travel significantly, with the FAA planning a 10% reduction in air traffic at 40 major airports. These measures aim to address staff shortages, particularly among unpaid air traffic controllers, and could lead to flight cancellations and delays during the busy holiday season. Airlines are offering flexible rebooking options, but the uncertainty has already impacted airline stocks and raised concerns among travelers.
07 Nov 25
ESPN Ends PENN Partnership, Joins DraftKings
ESPN has prematurely ended its sports betting partnership with PENN Entertainment, initially set for 10 years. Starting December 1, ESPN will collaborate with DraftKings as its exclusive sportsbook partner. PENN will rebrand its sportsbook as theScore Bet. The move aligns ESPN with a leading sports betting provider to enhance its digital and consumer experience, while PENN shifts focus to its iCasino business.
06 Nov 25
Stock Futures Dip Amid AI Bubble Concerns
U.S. stock futures declined as investors grapple with concerns over AI stock valuations and mixed earnings reports. Major indices, including the Nasdaq, S&P 500, and Dow Jones, showed premarket losses following a tech-led sell-off. Despite strong earnings, companies like AMD and Pinterest saw significant stock drops, reflecting market unease. Meanwhile, the ADP employment report indicated modest job growth in October, against the backdrop of the ongoing government shutdown.
05 Nov 25
AMD Reports Record Q3 Earnings Growth
Advanced Micro Devices (AMD) announced record-breaking Q3 results, reporting a 36% revenue growth year-over-year at $9.25 billion, surpassing analysts' estimates. Driven by strong demand for data center chips and AI accelerators, AMD's data center revenue rose 22% to $4.3 billion. The company also provided optimistic Q4 guidance, projecting $9.3 billion to $9.9 billion in revenue. CEO Lisa Su highlighted AMD's growth trajectory in the AI and compute markets as key drivers for future performance.
05 Nov 25
Stock Futures Drop Amid Earnings and Valuation Concerns
Stock futures fell on Tuesday as investors digested mixed corporate earnings and concerns over high market valuations. Palantir shares dropped 7% despite record revenue and strong AI demand, while Wall Street CEOs predicted a 10% market correction in the next 12-24 months. Meanwhile, Starbucks announced a $4 billion joint venture in China, and Sarepta shares plunged 35% after disappointing trial results. Bitcoin also declined, while Treasury yields and gold prices remained stable.
04 Nov 25