MARKET
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Kroger extended its streak of sales misses — but that’s not hurting its profits
Kroger’s stock stood out Thursday with healthy gains amid a broader stock market selloff, after the grocery giant reported quarterly…
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Palantir, Lockheed and these other defense stocks are rising on heels of Iran conflict
Defense spending is set to get “more urgent and less controversial,” an analyst notes, and numerous stocks could benefit. Source…
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Medicare will run out of money 12 years earlier than expected
The Congressional Budget Office warns America’s public retirement programs are deteriorating at a shocking rate. Source link
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Spirit Airlines is betting on this air-travel trend as it prepares to emerge from bankruptcy
Spirit Airlines has reached a deal with its creditors and expects to emerge from bankruptcy as a slimmer airline —…
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Say goodbye to the 4 p.m. closing bell: Your stocks are becoming 24/7 digital cash
Tokenized equities — real shares of stock wrapped or reissued as blockchain tokens — threaten traditional brokerages. Source link
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How Amazon’s ‘underappreciated’ AI potential could drive the stock 50% higher
Both AWS and the Amazon retail business have big opportunities to reap the financial benefits of AI. Source link
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Is the stock market open tomorrow for Presidents Day? Will USPS, FedEx and UPS make deliveries?
Here’s how trading hours and other services will be affected on the federal holiday, which falls on Monday, Feb. 16,…
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Why energy is the best-performing sector in the S&P 500 so far this year
The energy sector has been the best-performing sector in the S&P 500 this year — and it’s not just because…
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‘Sell America’ fears drag dollar toward 4-year low on Japan election, China report
Japan’s election and a report on China’s efforts to move away from U.S. assets has the “sell America” theme back…
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Bitcoin bounces above $70K but is still headed for its worst week since 2022
Bitcoin rebounded from a dramatic selloff on Thursday, with investors hoping the worst might be over. Source link
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