How Black Friday became a retail letdown: ‘To sustain the ride, they started to dilute it’

How Black Friday became a retail letdown: ‘To sustain the ride, they started to dilute it’

Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. 28, 2008. Gerald Martineau | The Washington Post | Getty Images Black Friday has long been defined by massive crowds, rock-bottom prices and rabid consumers willing to bite, scratch and claw their way to the … Read more

What’s going on at Nexperia? Dutch chipmaker issues urgent plea to its China unit

What’s going on at Nexperia? Dutch chipmaker issues urgent plea to its China unit

This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images Dutch chipmaker Nexperia has publicly called on its China unit to help restore supply chain operations, warning in an open letter that customers across industries are reporting “imminent production outages.” Nexperia’s Dutch unit … Read more

SEC investigates Jefferies over First Brands collapse, report says

SEC investigates Jefferies over First Brands collapse, report says

The Jefferies Financial Group Inc. headquarters in New York, US, on Monday, Oct. 20, 2025. Michael Nagle | Bloomberg | Getty Images The U.S. Securities and Exchange Commission is investigating Jefferies’ relationship into bankrupt auto parts maker First Brands Group, The Financial Times reported Thursday. The newspaper, citing people with knowledge of the matter, said … Read more

Puma shares pop 14% after report China’s Anta Sports is looking to buy the sportswear giant

Puma shares pop 14% after report China’s Anta Sports is looking to buy the sportswear giant

The logo of Puma SE displayed in the window of the flagship store in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower profit growth as new Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for marketing sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty … Read more

Workday shares sink on subscription revenue guidance concerns

Workday shares sink on subscription revenue guidance concerns

The Workday Inc. pop-up pavilion ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Saturday, Jan. 19, 2025. Hollie Adams | Bloomberg | Getty Images Shares of software maker Workday slid nearly 8% on Wednesday as analysts lowered their price targets, citing a lack of a upside after the company revised its full-year … Read more

Autumn Budget 2025: Reeves set to address lawmakers after shock early release of budget details

Autumn Budget 2025: Reeves set to address lawmakers after shock early release of budget details

OBR publishes forecasts unexpectedly before budget Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images The Office for Budget Responsibility (OBR) has given markets a surprise by publishing its forecasts for the public finances and the economy before Chancellor Rachel Reeves has unveiled her Autumn Budget, … Read more

Nvidia says its GPUs are a ‘generation ahead’ of Google’s AI chips

Nvidia says its GPUs are a ‘generation ahead’ of Google’s AI chips

Nvidia founder and CEO Jensen Huang looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, DC on November 19, 2025. Brendan Smialowski | Afp | Getty Images Nvidia on Tuesday said its tech remains a generation ahead of the … Read more

Dell misses on revenue, offers strong forecast driven by AI sales

Dell misses on revenue, offers strong forecast driven by AI sales

The Dell Technologies logo is on display at the International Broadcasting Convention (IBC2025) on Sept. 12, 2025 in Amsterdam, Netherlands. Michel Porro | Getty Images Dell reported fiscal third-quarter earnings on Tuesday that missed Wall Street expectations for revenue, but the company forecasted a stronger-than-expected fourth quarter driven by increased AI sales. Dell shares rose … Read more

Workday stock slips on light quarterly margin guidance

Workday stock slips on light quarterly margin guidance

Workday CEO Carl Eschenbach, right, walks to the morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2025. David Paul Morris | Bloomberg | Getty Images Workday shares slid more than 5% in extended trading Tuesday after the finance and human resources software maker issued quarterly … Read more

Abercrombie shares soar 37% on Hollister growth, strong earnings beat

Abercrombie shares soar 37% on Hollister growth, strong earnings beat

An Abercrombie & Fitch store stands in midtown Manhattan in New York City on Oct. 24, 2024. Spencer Platt | Getty Images Shares of Abercrombie & Fitch soared 37% Tuesday after the company showed investors it’s set to keep growing, even as its namesake brand slows down. During the apparel retailer’s fiscal third quarter, Abercrombie … Read more