Target Corporation has quietly become one of retail’s most reliable dividend stocks, delivering 57 straight years of payout increases. That streak now faces its toughest test yet as Target (TGT) navigates what COO Michael Fiddelke called a “period of transformation” marked by softening sales and mounting pressure on margins. The retailer’s answer? A $5 billion
It’s been a rocky start to the year for Cathie Wood, the head of Ark Investment Management. As of Feb. 6, Wood’s flagship Ark Innovation ETF (ARKK) was down 9.58% year to date, while the S&P 500 gained 1.27%, as pressure mounted on growth-focused tech stocks. Wood actively manages her tech holdings, and her timing
Amazon (AMZN) reported its Q4 earnings on February 5. The earnings spooked investors and sent the stock tumbling, which was already caught by the wider tech sell-off, trading 9% lower at the time of writing, Friday morning, Feb. 6, according to Yahoo Finance. What alarmed the investors was something Amazon President and CEO Andy Jassy
When a restaurant that has created decades of memories suddenly disappears, it’s hard not to take it personally or to feel like a piece of the community is fading with it. Perhaps because the state was once an independent republic, Texans have long taken pride in everything from their country roots to their local businesses.
Software stocks are facing an increasingly loud reckoning as Wall Street rethinks how artificial intelligence affects the sector. Goldman Sachs is the latest to offer a reality check, suggesting that software’s reckoning may not yet be over, even as short-term selling appears overdone and some investors are going bargain-basement buying, including Bank of America. In
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here. Happy Friday. This is TheStreet’s Stock Market Today for Feb. 6, 2025. You can follow the latest updates on the market here in our daily live blog. Update: 9:30 a.m. ET Opening Bell Starting
Gather round while we look at the reality of markets. They correct, and sometimes, corrections are brutal. Feb. 5 proved to be a really brutal day, especially for the Magnificent 7 stocks. The Mag 7 group, which includes Apple, Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla, has mostly struggled so far this year. That’s
A year ago, Wall Street praised the software sector as “the next AI focus.” But that narrative is now turning. On Feb. 3, many software stocks took a sharp hit as investors grew worried that advances in artificial intelligence could begin to replace traditional software services. Anthropic announced that it was adding new legal tools
Over the last year, a number of British travel agencies in particular have had to either file for bankruptcy or shut down operations entirely. Great Little Escapes and Jetline both shut down operations within weeks of each other in the summer of 2025 while Hampshire-based New Era Travel followed with a similar announcement that it was
Target has been trying to cover up years of uneven performance, much like a rushed makeup routine that conceals flaws without fully addressing what lies beneath. Sales declines, shrinking foot traffic, and lost market share to competitors have weighed on the retailer, compounded by consumer backlash over a series of controversial business decisions. Those pressures intensified after Target revealed