Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of its avocados come from Mexico. A day earlier, President Donald Trump paused his plans for 25% tariffs on Mexican and Canadian imports.…
Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key metric: revenue. For the past dozen years, Walmart held the distinction of being the top revenue generator each quarter. In 2012, it overtook oil giant Exxon Mobil, according to…
China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s trade war. China added PVH Corp. to its “unreliable entities” list on Tuesday, which allows the Chinese government to fine the retailer, prohibit…
A bipartisan congressional bill is being introduced to ban China’s DeepSeek artificial intelligence software from government devices. U.S. Reps. Darin LaHood, R-Ill., and Josh Gottheimer, D-N.J., are introducing the legislation on national security grounds, saying the company’s technology presents an espionage risk. “The technology race with the Chinese Communist Party…
President Donald Trump and his supporters have heralded his use of tariff threats to extract concessions on drug trafficking and border security from Canada and Mexico. Yet, experts say, some of the measures agreed to by America’s two largest trading partners and close allies are less substantial than what has…
President Donald Trump’s daughter-in-law Lara Trump will host a weekend show on Fox News, the news channel announced Wednesday. ‘My View with Lara Trump’ is expected to premiere Feb. 22 and air at 9 p.m. ET Saturdays, taking the spot of ‘One Nation with Brian Kilmeade.’ Kilmeade’s show will move…
All Quiksilver, Billabong and Volcom stores in the United States will close after their operator filed for bankruptcy protection. Altogether over 100 stores for the brands, that sell apparel for skaters, surfers and snowboarders, will close their doors. Liberated Brands filed a voluntary petition for Chapter 11 bankruptcy protection Sunday…
In this exclusive StockCharts video, Joe presents a trading strategy using the simple moving average. Explaining what to watch and how it can tell you what timeframe to trade, he shares how to use it in multiple timeframes. Joe covers the QQQ and IWM and explains the levels to monitor…
The trading week started with investors worried about tariffs, but the 30-day delay of tariffs on imports from Canada and Mexico shook off those worries. The three broad stock market indexes — S&P 500 ($SPX), Nasdaq Composite ($COMPQ), and Dow Jones Industrial Average ($INDU) — closed higher. Then came the…
On Wednesday morning, the markets wavered, with cautious trading across the board, except for the Dow, which outpaced the S&P 500 and Nasdaq. Looking for stocks showing strength amid the uncertainty, I turned to the Market Movers tool on my Dashboard. What I found caught my attention. FIGURE 1. MARKET…