AUDINDesign Super Micro Computer (NASDAQ:SMCI) will join the Nasdaq-100 Index (NDX) before the markets open on Monday, July 22, replacing the pharmacy chain Walgreens Boots Alliance (NASDAQ:WBA), Nasdaq (NDAQ) announced. The electronic stock trading marketplace said in a statement late Friday that Super Micro (SMCI), an AI server company, willContinue Reading
Walgreens Boots Alliance (NASDAQ:WBA) shares traded in the red on Tuesday, making it the seventh straight days of losses. The stock closed down 0.09% at $11.57. WBA has fallen 60.3% in the last 12 months and 28% in the last one month. YTD, the stock has trailed compared to theContinue Reading
Lubo Ivanko/iStock Editorial via Getty Images The chief executive of British health and beauty retailer, Boots is set to leave the company after its U.S. owner, Walgreens Boots Alliance (NASDAQ:WBA), wavered on a potential sale or a stock market listing of the unit, according to sources. Sebastian James, who hasContinue Reading
Walgreen’s Boots Alliance (NASDAQ:WBA) shares are set to open lower for a fifth consecutive day as the company’s decision to close a “substantial” number of U.S. stores continues to weigh on the stock. The company was subsequently hit with a wave of price target adjustments, the latest from BofA Securities,Continue Reading
Wall Street on Thursday continued to struggle for momentum, as a slide in Walgreens Boots Alliance (WBA) and Micron Technology (MU) capped gains. Meanwhile, U.S. Treasurys rebounded after a plethora of economic data lent support to a scenario where the Federal Reserve can start cutting interest rates. The benchmark S&PContinue Reading
BCFC/iStock Editorial via Getty Images Walgreens Boots Alliance (NASDAQ:WBA) announced a major round of store closures on Thursday as part of a company-wide strategic review, hurting the shares of its rival pharmacy chain CVS Health (NYSE:CVS) and pharmaceutical distributor Cencora (NYSE:COR). The announcement coincided with the drug store chain’s Q3Continue Reading
Bruce Bennett/Getty Images News Walgreens Boots Alliance (NASDAQ:WBA) swung lower in early trading on Thursday after lowering its full-year outlook due to a tough overall backdrop for retail. “We continue to face a difficult operating environment, including persistent pressures on the U.S. consumer and the impact of recent marketplace dynamicsContinue Reading
In the coming week, several notable companies will release their earnings reports, which could significantly impact overall market sentiment. Consumer giants like Nike (NYSE:NKE), General Mills (NYSE:GIS), and Carnival (NYSE:CCL) are all set to unveil their latest financial results, offering a glimpse into how these household names have performed inContinue Reading
