The ‘rent-first’ lifestyle is catching on. From cars to clothes and even caskets, here’s when it makes sense to buy vs. rent
Younger adults are showing a preference for the renting lifestyle, studies show. In some cases, it also makes financial sense. [...]
Cannabis industry targets luxury consumers with Fifth Avenue marijuana dispensary, Hamptons presence
In the 3½ years since New York state legalized adult-use marijuana, licensed cannabis sales have taken off, topping $100 million last year. [...]
Lululemon cuts guidance, misses sales estimates after botched product launch
Lululemon's growth in its largest market, the Americas, has slowed from the highs it saw last year as it contends with product rollout challenges. [...]
Ulta misses Wall Street expectations, trims guidance after quarterly sales decline
Comparable sales for the second quarter fell 1.2%, compared to an 8% increase a year earlier. [...]
Best Buy stock soars on a beat and raise. We think that’s just the beginning
We continue to see further upside ahead for Best Buy shares, so we're increasing our price target. [...]
Gap shares halted after apparent early earnings release
Gap shares were halted after the apparent early release of its earnings, which are due after the closing bell Thursday. [...]
Jim Cramer thinks CrowdStrike has bottomed and offers views on 4 other stocks
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. [...]
Jim Cramer says Dollar General has Walmart to blame for ugly earnings
Shares of Dollar General plummeted 25% Thursday following the release of its earnings. [...]
Shohei Ohtani signs trading card deal with Fanatics-backed Topps
Los Angeles Dodgers superstar Shohei Ohtani has signed an exclusive trading card deal with Topps, which will offer unique, autographed baseball cards. [...]
Dollar General shares crater 20% as retailer cuts outlook, blaming ‘financially constrained’ customers
The discount retailer slashed its guidance for full-year same-store sales and profit. [...]