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Nordstrom, Inc. (NYSE:JWN) shares are trading lower on Wednesday. For the third quarter, the company’s net sales increased 4.6% compared to the same period in fiscal 2023, total company comparable sales increased 4.0%, and gross merchandise value increased 5.3%. JP Morgan analyst Matthew R. Boss reiterated the Underweight rating on the stock, raising the price forecast to $21 from $20. The analyst notes that despite favorable conditions for Nordstorm’s core customer base, including high personal

Investment firms take aim at three major retailers as the holiday shopping season gets underway.

From Lockheed Martin to Etsy, the opinions Elon Musk shares on social media affect companies' stock and share values.

On Tuesday, Axsome Therapeutics Inc (NASDAQ:AXSM) said AXS-12 statistically significantly reduced the frequency of cataplexy attacks compared to placebo (p=0.017, primary endpoint) in Phase 3 ENCORE trial. AXS-12 was also well tolerated with long-term dosing, and its safety profile was consistent with that observed in previously completed trials. The primary endpoint was achieved with patients randomized to switch to placebo experiencing a mean increase of 10.29 cataplexy attacks per week compar

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Reddit, Inc. (NYSE:RDDT) is “fabulous,” adding that he is not a seller. According to a report last week, shareholder Advance Magazine Publishers, Inc. plans to establish a credit facility using its stake in the company. Yahoo Finance reported that the publishing company aims to make as much as $1.2 billion in a sale of 7.8 million shares for between $145.38 and $148.54 per share. “I am concerned that many auto parts may be made in China, we

CrowdStrike shares slumped Wednesday after the company reported an unexpected loss for the third quarter as it grapples with the fallout from a massive outage in July, but analysts are still bullish on the stock.

U.S. equites were lower at midday ahead of the Thanksgiving holiday on disappointing earnings reports from some big tech companies.

Quantum computing promises to revolutionize the way we process information by leveraging the principles of quantum mechanics. It will offer unprecedented computational power, enabling solutions to complex problems that are currently unsolvable by classical computers. This breakthrough technology has the potential to transform industries such as cryptography, drug discovery, and artificial intelligence. IonQ Inc (IONQ), FormFactor (FORM), and IBM (IBM) are among the stocks offering exposure to th

(Bloomberg) -- France’s banking stocks slid as a potential government collapse and deepening political crisis unsettled investors.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldBNP Paribas SA — the country’s largest lender by market capitalization — fell as much as 3% wh

On Wednesday, the European Commission approved BeiGene Ltd’s (NASDAQ:BGNE) Tevimbra (tislelizumab) in combination with chemotherapy for the first-line treatment of esophageal squamous cell carcinoma (ESCC) and gastric or gastroesophageal junction (G/GEJ) adenocarcinoma. In ESCC, the expanded indication is for Tevimbra in combination with platinum-based chemotherapy for the first-line treatment of adult patients with unresectable, locally advanced or metastatic cancer whose tumors express PD-L1 w