Shares of radiation safety company Mirion (NYSE:MIR) jumped 5.3% in the morning session after the company announced it is set to join the S&P SmallCap 600 index.
Retailers are evolving to meet the expectations of modern, tech-savvy shoppers. Digitization has been one of the keys to staying competitive against e-commerce rivals, a move that has enabled the industry to grow same-store sales.
Consequently, retail stocks have climbed 15.9% over the past six months, beating the S&P 500 by 4.6 percentage points.
Shares of auto and industrial parts retailer Genuine Parts (NYSE:GPC)
jumped 3.6% in the afternoon session after the company announced significant board changes as part of a cooperation agreement with activist investor Elliott Investment Management, one of its largest investors. As part of an ongoing refreshment program, the automotive and industrial parts provider appointed two new independent directors: Court Carruthers, former CEO of TricorBraun, and Matt Carey, a former executive at Home Depot, eBay, and Walmart. The appointments coincide with the retirement of two long-serving board members. These changes are part of a formal Cooperation Agreement with Elliott, which also includes an information-sharing arrangement to facilitate ongoing dialogue. Such moves, particularly when involving a prominent activist investor, are often viewed positively by the market as they can signal a stronger focus on enhancing shareholder value and strategic improvements.
After years of unprecedented dominance by a handful of U.S. mega-cap technology companies, the financial markets are undergoing a significant and long-awaited rebalancing. Investors are increasingly shifting capital away from these tech giants towards a broader universe of U.S. small-cap stocks and economically sensitive, cyclical, and value-oriented investments.
The first half of 2025 has painted a nuanced picture of the American economy, characterized by robust corporate profit growth, particularly within the retail sector, even as broader indicators hint at a softening labor market. This unexpected resilience in earnings, especially from household names like Walmart, Target, and Home Depot,
The U.S. economy presented a complex tableau in the second quarter of 2025, with an array of mixed indicators painting a nuanced picture for investors and policymakers alike. An upward revision of Gross Domestic Product (GDP) growth to a robust 3.3%, alongside continually declining jobless claims, pointed to
The U.S. economy currently navigates an intriguing, yet precarious, path as hypothetical Q2 2025 data suggests a robust rebound in Gross Domestic Product (GDP) growth. This economic buoyancy, however, is shadowed by the persistent specter of inflation, with the Personal Consumption Expenditures (PCE) price index stubbornly holding above the
The financial markets are witnessing a profound rebalancing act, shifting away from the long-standing dominance of a handful of mega-cap technology giants towards a broader, more diversified landscape. This pivotal moment, gaining significant momentum in mid-2025, sees cyclical stocks, small-cap companies, and sectors like materials, consumer discretionary, and financials gaining
The flood of reports from retail companies tells us a lot about consumer spending. Plus the market is once again buying into meme stocks and SPACs. Is this time different?
The bedrock of the U.S. economy, consumer spending, is showing concerning cracks, raising red flags for investors and economists alike. A confluence of a softening labor market and declining consumer confidence has put the stock market on edge, with upcoming retail earnings reports now serving as critical barometers for
See which big-name stocks were winners and losers from a huge week of retail earnings, with tariffs, CEO changes, and guidance increases creating headlines.
Home Depot’s second quarter results were well received by the market, as the company delivered steady growth in same-store sales and maintained profitability in line with Wall Street’s expectations. Management attributed the positive momentum to robust engagement across both professional and do-it-yourself customers, with particular strength in categories such as lumber, hardware, and seasonal goods. CEO Ted Decker noted, “The performance across the business was the strongest we’ve seen in over two years,” highlighting investments in technology, supply chain, and the pro ecosystem as meaningful contributors to recent performance.
The U.S. housing market is currently presenting a complex and somewhat contradictory picture, with recent data revealing both a modest uptick in housing starts and a persistent lack of confidence among homebuilders. While July's housing starts offered a glimmer of positive activity, particularly in the multi-family sector, the August
