Consumer Discretionary

The latest quarterly filing from Berkshire Hathaway (NYSE: BRK)(NYSE: BRK) revealed the Warren Buffett-led conglomerate investing in UnitedHealth Group (NYSE: UNH) and several other new positions. Market strategist Jay Woods says the filing shows how Berkshire Hathaway could be changing its ways....

U.S. stocks settled higher on Friday, with the Dow Jones index gaining around 300 points during the session following the release of inflation data. Major indices, however, recorded losses last week, with the Nasdaq Composite falling 0.7% and S&P 500 losing 0.3%. The Dow also fell 0.2% during...

Sen. Bernie Sanders (I-VT) is calling attention to the growing economic inequality in the U.S., arguing that the system is not just broken but collapsing for most working people. Gap Between Billionaires And Workers Widens “What we are witnessing right now is the rise of two Americas. One for...

The 2025 Ryder Cup teed off at Bethpage State Park on Long Island Friday, drawing over 250,000 fans and expected to deliver a $200 million economic boost to New York State and surrounding businesses.  DKNG stock was down this week. See the details here.  One of the world’s most...

While a turnaround in Lululemon Athletica Inc's (NASDAQ: LULU) U.S. business seemed likely last year, the momentum did not continue into 2025, according to Needham. The Lululemon Athletica Analyst: Analyst Tom Nikic downgraded the rating from Buy to Hold, while removing the price target. The...

Key Takeaways: Starbucks is considering bringing in partners to its China operation, as same-store sales in its second-largest market plunge during a bloody local coffee price war The coffee giant has faced multiple challenges in China, from severe restrictions during the pandemic to growing...

Welcome to the most important week of trading in 2024! If you think this is an overstatement, I challenge you to find a better one. The General Election is on Tuesday, and whether we see the results of who will occupy the White House by Wednesday morning or not, we will have chosen a route at the...

We’ve now entered earnings season. Las Vegas Sands (NYSE: LVS) misses the headline numbers, but looking a bit deeper, it was a great quarter. Starbucks (NASDAQ: SBUX) misses badly. DKI thinks they’re focused on too many things that don’t affect the customer experience. Paul Tudor...

McDonald's Corporation (NYSE: MCD) has gained 24.2% in the past three months, outperforming the Zacks Retail - Restaurants industry, the Zacks Retail-Wholesale sector and the S&P 500 Index, which rose 20.4%, 10.7% and 7.4%, respectively. Image Source: Zacks Investment Research...

Mattel, Inc. (NASDAQ: MAT) is scheduled to report third-quarter 2024 results on Oct. 23, 2024, after the closing bell. In the last reported quarter, the company's earnings surpassed the Zacks Consensus Estimate by 18.8%. Trend In Estimate Revision For the quarter to be reported, the Zacks...

Crocs, Inc. (NASDAQ: CROX) stock seems in a good spot since the past year, with shares rising more than 60%, comfortably outperforming the broader Consumer Discretionary sector's return of 18.5% and the Zacks Textile - Apparel industry's growth of 4.8% in the same period. CROX's shares...

Arcosa, Inc. (NYSE: ACA) recently acquired the construction materials business of Stavola Holding Corporation and its affiliated entities (Stavola) for $1.2 billion. This apart, ACA completed the previously announced sale of its steel components business on Aug. 16, 2024. Buyout Synergies The...