BUSINESS

Victoria’s Secret shares surged 40% after a strong earnings report and raised sales outlook, signaling a successful turnaround under CEO Hillary Super.

Ulta Beauty’s Q1 earnings exceed Wall Street forecasts, prompting an optimistic earnings outlook and highlighting its strategic success in the beauty sector.

Goldman Sachs CEO David Solomon discusses market dynamics as AI companies prepare for significant equity issuance in 2026.

Barry Diller’s People Inc. has made a significant offer to acquire MGM Resorts at $48.30 per share, signaling major shifts in the casino industry.

Berkshire Hathaway’s deal with Taylor Morrison hints at a potential bottoming of the housing market, signaling key industry implications.

Nearly 1,000 UAW workers strike at a Michigan supplier, threatening GM truck production amid stalled contract negotiations.

McDonald’s reveals a new global growth strategy to attract diners amid rising competition and economic challenges, including inflation and high gas prices.

Retail sales surged in Q1 2026 due to tax refunds; however, underlying consumer weakness raises concerns for future performance.

The rise of AI has rendered many pre-ChatGPT startups obsolete, highlighting a transformative shift in the tech landscape and investment priorities.

An experimental lung cancer drug by Akeso and Summit Therapeutics shows a 34% reduction in mortality risk, signaling potential industry shifts.