Earnings Surprise Overshadowed by Steep Revenue Decline GameStop reported adjusted earnings of $0.17 per share for the quarter ended April 30, significantly outperforming Wall Street’s estimate of $0.04. This marks the company’s fourth consecutive quarterly profit. However, revenue fell 17% year-over-year to $732.4 million, missing analyst expectations of $754.2 million. Net income came in at
Trump’s tariff pause brings little relief as recession fears linger Donald Trump’s move to postpone most of his new tariffs for 90 days seems to have brought only fleeting relief for markets. After a huge rally on April 10, April 11 saw Asian stocks head lower again. KPERS saw a small gain in Q1 2025
NEW YORK (AP) — After recovering from an initial jolt, U.S. stocks, bonds and the value of the U.S. dollar drifted through a quiet Monday following the latest reminder that the U.S. government may be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up by 0.1% after Moody’s Ratings became the last
Familiar Signs of a Market Top Anyway, what we have now is a rally to new highs in world stocks without an analogous rally in the U.S. stocks. We also see that this breakout in world stocks happened after a sharp decline. Moreover, there was a sizable rally in mining stocks (XAU Index in the
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Americans may be altering their investing habits following a shaky period for the stock market and ahead of upcoming difficulties some experts have predicted for the U.S. economy at large. According to new polling by Gallup, only 16 percent of Americans now consider stocks the most lucrative form of long-term investment. That number is down
The right asset allocation depends mainly on your financial goals, the time you have to reach them, and how much risk you can take. For instance, if you are saving for retirement 30 years from now, you can invest more in risky mutual funds or even stocks. Mutual funds or stock investments usually give higher
By Maumita Mitra Foreign Institutional Investors (FIIs) have been rigorously offloading their Indian equity investments for a long time now. In the first three months of the calendar year 2025 alone, they have offloaded equities worth ₹1,16,574 crore. This month, until 21st April, they have offloaded around ₹18,786 crore of equities. Though it must be
Ateev Bhandari | Reuters Principal Financial Group names Deanna Strable as next CEO Deanna Strable, a native Iowan and a Dowling Catholic High School graduate, will be the next CEO of Principal Financial Group. Insurer Principal Financial Group reported a rise in first-quarter profit on April 24, helped by higher premiums and fee income. The Trump
Financial Pros: Help USA TODAY and Statista determine the winners in our fourth annual survey of top-rated firms, which publishes in April 2026. You can pre-register to take the survey here. Investments always come with risk, but between tariffs, recession worries and overall economic uncertainty, markets have been especially volatile over the past few months. Markets