British retailer Marks & Spencer reported a 55.4% slide in first-half underlying profit, reflecting the impact on sales and margins of an April cyber hack that forced it to suspend online clothing ord... ...

Market Overview - The market is experiencing poor breadth, with concerns about high valuations, particularly in tech and AI-related stocks [2][4] - Liquidity is decreasing in the market, contributing to profit-taking across various sectors, especially in technology [2][3] Valuation Metrics - The S&P 500 is trading at 23 times forward earnings estimates, above its 5-year average of 20 times, while the NASDAQ 100 is at 28 times compared to 19 times in 2022 [6] - An equal-weighted S&P 500 index is trading at a more than 25% discount to the standard S&P 500 index, indicating potential for rotation if market conditions change [7] Sector Performance - Consumer cyclicals are under scrutiny, with the potential for them to benefit from market rotation, but they need to demonstrate stronger performance [8] - Industrial sectors have shown flat performance over the past 10 to 11 months, indicating a lack of clear leadership in the market [9] Earnings Reports - Amgen reported a 12% growth in product sales, driven by a 14% increase in volume, although offset by a 4% decrease in net selling price [11] - The company raised its full-year revenue and EPS guidance, reflecting positive performance despite initial stock fluctuations [11] Small Cap Stocks - Small-cap stocks have not participated in the recent tech-driven market rally and are more exposed to temporary disruptions from business shutdowns [12][14] - Since October, larger market-cap stocks have outperformed smaller-cap stocks across most sectors, indicating a divergence in performance based on market capitalization [14]

Wall Street always loves a hot take, and Rick Rieder didn’t just toss one; he effectively lit the runway. In a remarkably insightful Yahoo Finance interview, BlackRock’s fixed-income boss stated that he expects the Fed to cut interest rates in December, not next year, while laying out why the market has already signaled this. He touts cooling inflation and a dicey labor market that’s quietly softening due to AI-fueled productivity, along with rate pain that’s showing up exactly where it hurts the most: t ...

HOUSTON, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended September 30, 2025. Net Income of $262.6 million, or $5.16 per diluted shareAdjusted Net Income of $302.6 million, or $5.95 per diluted shareAdjusted EBITDA of $372.5 millionSmall refinery exemption (“SRE”) impact of $195.9 million in Adjusted Net Income and $202.6 million in Adjusted EBITDARepurchased $16.4 million of common stockClos ...

Let's get to some stocks that are on the move. Uber falling despite beating revenue estimates. Josh and Joe, you both own it.Josh, you want to go first on this one. >> Yeah, look, this is a company that's reported another incredible quarter. Um, profitability is growing.They uh they've announced tons of stuff like deals with Nvidia for Autonomous. This will probably be the biggest platform for autonomous rides over the next two to three years as they roll out all of these various partnerships that they're w ...

Key Takeaways Arko expects Q3 revenues of $1.98B, down 13.1% year over year.Adjusted EBITDA is projected between $70M and $80M versus $78.8M a year ago.Early Q3 trends show improving same-store sales and fuel volumes from July highs.Arko Corp. ((ARKO) is likely to register a decline in the top line when it reports third-quarter 2025 earnings on Nov. 5. The Zacks Consensus Estimate for revenues is pegged at $1.98 billion, indicating a decrease of 13.1% from the prior-year reported figure. The consensus mark ...

Australian billionaire Brett Blundy is pushing for changes to the board of Victoria’s Secret after accusing the lingerie retailer of failing to engage on steps to improve shareholder value https://t.co/QVflnxVGni ...

Six months after the Nordstrom family took their namesake retailer private in a $6.25 billion deal, the company is doubling down on an unconventional strategy: https://t.co/bsE2SGimNO ...

Associated British Foods (ABF) is considering separating its Primark retail arm from its food operations following a strategic review aimed at maximising long-term value. The company stated: “Although no decision has been taken, the outcome of this review may lead to the board deciding to undertake a separation of the Primark and food businesses.” The review is being conducted with input from ABF's largest shareholder, Wittington Investments, which aims to retain a majority stake in both businesses. Mic ...

Market Overview - Wall Street is entering a historically strong month, with November being the best month for the S&P 500, averaging a gain of 1.8% since 1950 [1] - The S&P 500 is currently just below the 7,000 mark, significantly above the year-end target of 6,555 predicted by strategists [2] - All three major indexes have shown strong year-to-date gains, with the Dow Jones up 12.2%, S&P 500 up over 16%, and Nasdaq Composite up over 23% as of October 31, 2025 [3] Federal Reserve Policy - The Federal Reserve has entered an easing policy era, having cut interest rates by a quarter percentage point for the second consecutive meeting, bringing the benchmark rate to a range of 3.75%-4.00% [4] - The rate cut reflects the Fed's intention to bolster economic growth and strengthen the labor market amid limited economic data due to a government shutdown [5] U.S.-China Trade Relations - Investor confidence has been boosted by hopes of easing U.S.-China trade tensions, following a meeting between President Trump and President Xi Jinping, where they reached an understanding to pause new trade tensions [6] - China will cease investigations targeting U.S. companies in the semiconductor supply chain, as announced by the White House [7] Consumer Spending Trends - Approximately 91% of consumers plan to celebrate the winter holidays, with average spending expected to be $890.49 per person, a slight decrease of 1.3% from last year's record [8] Investment Opportunities - **High Beta ETF**: Invesco S&P 500 High Beta ETF (SPHB) is recommended due to easing Fed policy and trade tensions, along with anticipated holiday season sales [10] - **Consumer Discretionary ETF**: Consumer Discretionary Select Sector SPDR ETF (XLY) is expected to benefit from increased holiday shopping, with significant holdings in Amazon and Home Depot [11] - **Software ETF**: SPDR S&P Software & Services ETF (XSW) is positioned well due to the growing demand for AI software, which is sold on a subscription basis [12] - **Aerospace ETF**: iShares U.S. Aerospace & Defense ETF (ITA) has reported earnings growth of 226.1% on 15% higher revenues, making it a strong investment option [13] - **Small-Caps ETF**: iShares Russell 2000 ETF (IWM) is favored due to Fed rate cuts, easing trade tensions, and favorable small-cap valuations [14]