Consumer

Among the drivers behind the consumption momentum in smaller cities: strong digital commerce and lower housing costs that free up money for spending.

Wedbush Securities lifts its rating to Outperform from Neutral and says heavy spending next year will pay off in the long run.

Investors shed risk amid data vacuum, Appaloosa’s Tepper kicks off fund stake disclosures, Disney stumbles, and more news to start your day.

The sneaker maker’s shares jumped 18% after earnings but could still have room to run.

Avery Marquez, IPO specialist at Renaissance Capital, offers advice for investors as the market for initial public offerings heats up again.

Cisco rises sharply after posting better-than-expected quarterly earnings and revenue.

Two board directors snapped up a total of over $1 million worth of company stock on Nov. 11.

Operating income for the entertainment segment plunged as both TV advertising and box-office sales fell.

The coffee chain says union members make up only 4% of its workers.

Central to the deal is a “Fan Prediction Scoreboard” that will show how the odds for who wins a fight change in real time.

International expansion provides a catalyst for Vita Coco stock to move higher.

Fallout from the government shutdown, Chevron expands electricity business, Cisco beats expectations, and more news to start your day.

Oklo stock climbs after earnings, and Circle Internet tumbles after updating its full-year guidance to reflect higher costs.

The company said it doesn’t plan on offering Black Friday sales as it seeks to keep selling items at full price.

SoftBank dives further into OpenAI, travel stocks face turbulence after shutdown, rate cuts aren’t helping all consumers, and more news to start your day.

BigBear.ai surges after striking a deal to acquire a generative AI platform, while Nebius falls after missing analysts’ estimates.

BMO Capital markets upgrade Maplebear stock to Outperform in a research note Tuesday.

Years of inflation and the government shutdown are forcing major retailers to lower prices on staple goods to appeal to struggling consumers.

The maker of plant-based meat alternatives posts a wider quarterly loss and lower revenue.

It’s the second report of a takeover in a matter of weeks.

The Consumer Discretionary Select Sector SPDR ETF seems to have risen so high that it could easily fall if consumer spending shows signs of weakening.

Metsera falls sharply after Pfizer agrees to buy the weight-loss drug start-up in a deal that could be worth more than $10 billion.

The meat supplier faces falling beef and pork volumes, but chicken sales are bucking the trend.

The agreement would allow merchants to lower fees and reject certain credit cards. But what does it mean for the stocks—and shoppers.