MARKET
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‘Almost everybody’ in the U.S. has a pair of clogs. BofA analysts say there’s still a lot to like about Crocs.
‘We think Western Europe, China and India will continue to be the key growth drivers’ for Crocs, the analysts said. Source link
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What drove stock market’s record-breaking week? Don’t overlook growing rate-cut expectations.
Friday’s rally in U.S. stocks, which sent the S&P 500 to an intraday record high, was getting help from solidifying expectations of traders around the likelihood of at least three quarter-point rate cuts from the Federal Reserve by year-end. Source link
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Carnival’s stock jumps as strong last-minute bookings fuel another earnings beat
Carnival’s stock was surging to pace the S&P 500’s gainers, as strong last-minute bookings helped fuel an earnings beat and raised the cruise line’s outlook. Source link
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Consumer spending habits are changing in this key way, Kroger says
With consumers still facing uncertainty over tariffs and the overall economic environment, many are choosing to dine at home rather than eat out, according to supermarket giant Kroger. Source link
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May’s missing inflation is a mystery — and a sign that the Fed will hold off on rate cuts
The Fed will be less willing to bet that tariff-fueled price increases will be just “transitory.” Source link
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Hate paying so much for car insurance? Now is the time to switch.
More people may be able to find a lower premium today than a year ago. Here’s how to do it. Source link
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Oracle’s stock is having its best day in more than 3 years. Why Wall Street is so upbeat.
Analysts say Oracle’s spending forecast and business commitments suggest more momentum ahead. Source link
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EchoStar may be considering this unusual way to protect itself from the government, and the stock is falling
The satellite and wireless company is considering bankruptcy as a way to keep the FCC from revoking its licenses. Source link
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What’s behind Trump’s call for ‘a full point’ interest-rate cut?
President Donald Trump on Friday pressed Federal Reserve Chair Jerome Powell for a full-point interest-rate cut, saying the central bank’s monetary policy was a “disaster.” Source link
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Trump and Meta’s nuclear deals address the AI-fueled energy crisis. But can U.S. uranium supply meet demand?
The four executive orders recently signed by President Trump help to address the growth of the U.S. nuclear-energy sector in domestic power generation, but it’ll be a challenge for the nation to provide the uranium it requires to quadruple nuclear-energy capacity in 25 years. Source link
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