Ralph Lauren has its wealthy shoppers to thank as retail softens

The retail sector has had a tough year. Many shoppers have cut back on spending, and rising shipping costs are squeezing company profits. Ocean freight rates are currently up about 8%, and the spike is expected to hit retailer margins almost immediately through domestic fuel surcharges, according to a Bank of America industry note. Recent […]

Jim Cramer makes bold call on battered apparel stock VF Corp

Jim Cramer’s opinion on VF Corp has shifted. The CNBC host said investors should buy VF Corp (VFC), the owner of Vans, The North Face, and Timberland, after Piper Sandler and Truist both upgraded the beaten-down apparel stock and set $20 price targets. The reason is Vans. The sneaker brand has been VF Corp’s biggest […]

Costco makes a seasonal food court change

As the leaves turn golden and the air gets crisper, retailers start embracing everything consumers love about fall.  Grocery stores fill their shelves with pumpkin-spice treats, bakeries bring back apple pies, and shoppers look for comforting seasonal favorites that make the change in weather feel a little more special. Retailers know that tapping into those […]

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Economy
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October 18, 2026Palantir stock reverses after hitting key resistance: is it a good buy?

Palantir stock has suffered a big reversal, wiping out some of the gains made since June when it bottomed at $106.5. It dropped to $186.7, down by 12.75% from its highest point this year. Still, analysts are optimistic about the company, citing its strong fundamentals and revenue growth. Palantir stock coincided with the tech sector […]

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Forex
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October 18, 2026Palantir Stock Closes Below $190, Down 13% From Its Record:…

Palantir stock (NASDAQ: PLTR) closed Friday, October 16, at $186.03, falling 7.22% in a single session and extending its weekly loss to 11.01%. The decline left shares approximately 12.6% below their October 12 record of $212.94, reversing much of a rally supported by bullish analyst recommendations just days earlier. The timing puts two competing narratives […]

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Investing
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October 18, 2026SanDisk stock prediction: Friday closed at $1,299.30, bull…

SanDisk’s slide is not a NAND price break. The shares closed Friday, 16 October 2026, at $1,299.30, down $95.53, or 6.85 percent, from Thursday’s $1,394.83. Seven straight lower closes, starting 8 October, leave the stock $393.12, or 23.23 percent, under the 7 October close of $1,692.42. The last 90 daily log-returns, carried across the 52 […]

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October 18, 2026Anthropic’s IPO Valuation cut: is it bad news for AI bulls?

Anthropic’s potential initial public offering is facing an early test of investor appetite, with some prospective and existing investors reportedly considering a valuation of around $1.5 trillion, below the roughly $2 trillion target previously expected for its November listing.  The reassessment follows a slowdown in the company’s sequential revenue growth and comes as investors grow […]

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