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28.05.26 - 19:31
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US, Iran Truce Hopes Lift Stocks | Open Interest 5/28/2026 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks climb on reports the US and Iran may extend their truce, pending President Trump's backing. Software splits as Salesforce disappoints, while Snowflake surges on AI demand. Plus, Goldman's Ben Snider joins Bloomberg Open Interest on his higher S&P target, Sridhar Ramaswamy, the CEO of Snowflake gives his outlook, Miriam Wheeler calls AI a "generational opportunity” and Kayak' CEO Peer Bueller weighs in on the travel rally after news of the potential ceasefire. (Source: Bloomberg)...
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28.05.26 - 19:09
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Consumer Isn′t Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets (ZeroHedge)
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Consumer Isn't Dead Yet: US Retail Stocks Surge As Resilient Shoppers Surprise Markets
The S&P Retail Select Industry Index rose more than 1% Thursday morning as shares of Kohl's, Best Buy, and Dollar Tree surged on better-than-expected earnings results. Results suggest the U.S. consumer was stronger than feared in the prior quarter, even as households were battered by a fuel-price shock at the pump, persistent inflation, and softening confidence, which has led to them draining what little savings they have left.
As Bloomberg notes, the three chains operate in very different parts of the retail sector, yet all surprised investors to the upside in a sign of strength by US consumers who are facing multiple hurdles. Here are the earnings highlights from this morning:
Kohl's comparable sales declined 1.1%, beating the estimated decline of 1.71%
Best Buy reported first-quarter sales of $8.9 billion, beating analyst estimates, with comparable sales rising 2%
Dollar Tree boosted comparable sal...
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28.05.26 - 16:18
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MÄRKTE USA/Knapp behauptet - Inflationsdaten bewegen kaum (Dow Jones)
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Von Steffen Gosenheimer DOW JONES--Im Spannungsfeld erneuter gegenseitiger Angriffe im Nahost-Konflikt und einer Reihe neuer US-Konjunkturdaten haben die US-Börsen Donnerstag knapp behauptet eröffnet. Die Militäraktionen im Iran dämpfen Friedenshoffnungen ......
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