Financial Insights That Matter Good morning. Pushback against a stronger dollar, the ongoing rate-cut debate and UBS plans more job cuts. Here’s what people are talking about. Asian stocks were cheered early Thursday as authorities pushed back against a stronger dollar. The yen and won gained against the greenback following a joint statement from US […]
Financial Insights That Matter Brazilian airlines, already pressured by high interest rates and volatile fuel costs, face further losses from currency volatility and weather challenges, which test the sector’s operational resilience. Azul and Gol, two of the country’s biggest operators, posted losses in the second quarter, hit by the rise in the dollar and the […]
Financial Insights That Matter The proximity of the Federal Reserve’s shift to interest-rate cuts is battering the US dollar this month, sending the world’s reserve currency slumping and igniting rallies in major peers around the globe. The Bloomberg Dollar Spot Index has dropped almost 2% in August so far, marking the steepest drop since markets […]
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Financial Insights That Matter Why Dollar General (DG) Stock Is Falling Today Shares of discount retailer Dollar General (NYSE:DG) fell 29.7% in the afternoon session after the company reported second-quarter earnings results. Its full-year earnings forecast significantly missed analysts’ expectations. Management highlighted concerns similar to some of the retailers that reported this quarter. The company […]
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Financial Insights That Matter Why Dollar Tree (DLTR) Shares Are Falling Today Shares of discount treasure-hunt retailer Dollar Tree (NASDAQ:DLTR) fell 20.4% in the morning session after the company reported second-quarter earnings results. Its revenue and EPS missed analysts’ expectations, and it lowered its full-year revenue guidance. The company noted that the unfavorable macro environment […]
Financial Insights That Matter Dollar Tree (NASDAQ: DLTR) stock is getting crushed in Wednesday’s trading. The discount retailer’s share price was down 24% as of 2:02 p.m. ET, according to data from S&P Global Market Intelligence. Before the market opened Wednesday morning, Dollar Tree published results for its fiscal second quarter, which ended Aug. 3. […]
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Financial Insights That Matter Without clarity on the prospects for the dollar, investors in the global foreign exchange market increasingly prefer bets that leave the American currency out. With strategies such as going short the Swiss franc and long the yen, or betting on the pound against the New Zealand dollar, there has been an […]