The retailer lowered its annual sales outlook after Old Navy’s 1% comparable sales growth fell short of the 3% analysts expected. Gap reduced its full-year sales guidance to 1%-2% growth from a prior 2%-3% range after Old Navy’s fiscal first-quarter comparable sales rose j
The fast-food chain will repurchase up to $40M in shares, representing about 9% of its market capitalization. El Pollo Loco has authorized a $40M share repurchase program, allowing the company to buy back up to 9% of its current market capitalization. The move signals conf
The health savings account provider reported $1.24 non-GAAP EPS and raised its fiscal 2027 revenue outlook above consensus. HealthEquity posted first-quarter non-GAAP earnings per share of $1.24, exceeding estimates by $0.12, as revenue rose 7.2% year-over-year to $354.6 m
The health savings account provider reported $1.24 non-GAAP EPS and raised its fiscal 2027 revenue outlook above consensus. HealthEquity posted first-quarter non-GAAP earnings per share of $1.24, exceeding estimates by $0.12, as revenue rose 7.2% year-over-year to $354.6 m
Treasury Secretary Bessent cites oversupply and 2,000 ships awaiting Gulf transit as key factors for lower crude prices. Treasury Secretary Bessent stated oil prices will drop below pre-conflict levels due to strong market supply. Approximately 2,000 ships are waiting to e
Analysts cite higher marginal costs and tightening supply as key drivers for the revised oil price target. Bernstein Research has set a $75 per barrel long-term oil price target for equity valuations, reflecting rising marginal costs and shrinking reserves. The projection
Weekly trading volume for crypto-based commodity perpetual contracts jumped to $25 billion from $38.1 million in three months. On-chain commodity perpetual contracts recorded the fastest growth in crypto derivatives during Q1 2026, with weekly volume skyrocketing to $25 bi
Weekly trading volume for crypto-based commodity perpetual contracts jumped to $25 billion from $38.1 million in three months. On-chain commodity perpetual contracts recorded the fastest growth in crypto derivatives during Q1 2026, with weekly volume skyrocketing to $25 bi
Insurance tech firm Corgi raises $106 million at a $2.6 billion valuation, marking a threefold increase in just three weeks. Insurance technology startup Corgi secured $106 million in a Series B1 funding round, elevating its valuation to $2.6 billion. The raise follows a $
Insurance tech firm Corgi raises $106 million at a $2.6 billion valuation, marking a threefold increase in just three weeks. Insurance technology startup Corgi secured $106 million in a Series B1 funding round, elevating its valuation to $2.6 billion. The raise follows a $
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