Author: Anthony M. Orbison

Sam’s Club, which is owned by Walmart  (WMT) , is testing out a major change that can alter the way customers shop in its stores.During a recent interview on Omni Talk Retail, Sam’s Club CEO Chris Nicholas revealed that the company is opening a new store in Dallas that will be free of checkout lanes, which can set the tone for future locations. Don’t miss the move: Subscribe to TheStreet’s free daily newsletter“It’s a fully digital experience,” said Nicholas. “So you walk in, and the first thing you’re going to notice on your left-hand side is there are no registers,…

SUI has been one of the few assets that appears to be having a lone bull run despite the struggle of certain cryptocurrencies in the market to reclaim their major highs. Over the past month alone, SUI has increased by more than 100%, with its 7-day performance still seeing green up by 11.8% after nearly touching its all-time high of $2.17 yesterday with a 24-hour high of $2.13. Although the asset is currently facing a price decline down by 4.3% in the past 24 hours with a current trading price of $1.99, a prominent crypto analyst known as CryptoBullet has…

US stock futures stalled on Wednesday as the risk of a Google breakup prompted a pause for thought in the wait for more Federal Reserve clues to the chances of a “soft landing”.Futures on the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) all hovered below the flat line, paring earlier premarket losses.Stocks are faltering amid intense debate over the state of the economy now the Fed has finally eased up on policy. Its decision to cut by a jumbo 50 basis points raised concerns it might see risks the market could not.…

Investing.com — Shares in WeightWatchers surged by nearly 38% in extended hours trading on Wednesday, pointing to an extension in sharp gians logged in the prior session after the firm announced it would offer a compounded version of Novo Nordisk (NYSE:)’s popular weight-loss drug Wegovy. Major drug companies, including Denmark’s Novo Nordisk and peer Eli Lilly (NYSE:), have struggled to keep up with the soaring demand for their blockbuster GLP-1 obesity medications, which have been shown to help patients lose up to 20% of their weight on average. Because of this shortage, US regulators have allowed businesses, including telehealth groups like…

The world’s biggest Bitcoin event, the Bitcoin 2024 Conference, is kicking off today in Amsterdam. Following the massive conference in Miami earlier this year, Bitcoin leaders are converging in Europe for two days of discussions about the future of Bitcoin.Bitcoin 2024 Amsterdam is expected to draw over 5,000 attendees who will hear from more than 150 speakers on October 9-10.Headliners at the Amsterdam event include Jack Mallers, CEO of Strike, who will discuss “The Bitcoin Revolution.” Elizabeth Stark of Lightning Labs will also lead sessions.Other featured speakers include Blockstream CEO Adam Back, German Parliament member Joana Cotar, and many other…

Oct. 09, 2024 6:00 AM ETCopper Futures (HG1:COM), LMZSDS03:COMSCCO, BHP, AA, CENX, TECK, JJC, VALE, COPX, RIO, CPER, HBM, XAUUSD:CUR, DXYBy: Arundhati Sarkar, SA News Editor FactoryTh/iStock via Getty Images BMI (a unit of Fitch Solutions) on Wednesday revised up its zinc price forecast for 2024 to $2,700/tonne as tighter market fundamentals propel prices higher, while it maintained the average annual copper price forecast at 9,600/tonne. A decline in zinc concentrate production Source link

Check back for updates throughout the trading dayU.S. equity futures nudged lower Wednesday, while Treasury yields and the dollar held steady, as investors weighed the impact of another sell off in China markets while eyeing the release of minutes from the Federal Reserve’s September policy meeting later in the session.Stocks ended firmly higher on Tuesday, with the S&P 500 rising just under 1% and bounceback in megacap tech stocks adding 1.45% to the Nasdaq, as risk sentiment improved heading into the start of the third quarter earnings season, Treasury yields edged modestly lower and oil prices recorded a sharp session…

As we inch closer to the end of 2024, the cryptocurrency community’s expectations are rising. Starting with ‘Uptober,’ the market has generally performed well during the last quarter of every year. As a result, the bets around Bitcoin (BTC) hitting $100,000 are growing strong.Also Read: Ripple: How Long Should You Wait For XRP To Hit $3?At press time, Bitcoin was trading at $62,260.74. Over the past month, the king coin surged by over 13%. BTC is currently 15% below its all-time high of $73,750.07. Considering this, the asset needs to surge by at least 60% from its present price level…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israeli troops and Hizbollah fighters clashed near the Lebanese border in the early hours of Wednesday, a day after Israel carried out one of its largest waves of air strikes on southern Lebanon since the conflict erupted a year ago.Israeli air strikes pounded targets across Lebanon on Tuesday and overnight, including in southern Beirut, as its invading ground forces attempted to push into the south of the country and fought battles with Hizbollah fighters embedded in the rugged terrain.Videos shared on social…

(Reuters) – Bonuses for Wall Street dealmakers could expand by 7.4% in 2024 as a rebound in dealmaking boosts fees pocketed by investment banks, according to a report published by New York State Comptroller Thomas DiNapoli on Wednesday. The anticipated surge would mark the first increase in two years as corporations begin to emerge from a subdued dealmaking environment. Economic resilience, a searing rally in stocks and the beginning of a potential rate-cutting cycle have allowed companies to pursue takeovers and sales of stocks and bonds. Bonuses constitute a significant portion of compensation on Wall Street. The industry’s fortunes also…