Macy's Stock Forum

... $Macy's(M.US)$ is trying to rebound today. On Monday, Macy's (M) gave up 11.73% as news broke that discussions with Arkhouse Management and Brigade Capital Management had broken down regarding an acquisition of the iconic, but troubled retail brand. The Macy's Board had terminated the talks that had not as of yet produced any, in their opinion, actionable proposal. Macy's current plan is to accelerate the firm's "Bold New Chapter" strategy aimed at growing the luxury end of the bus...

The S&P 500, Nasdaq ended the week at all-time highs, with traders looking past signals of Friday’s jobs report to focus on prospects for Federal Reserve rate cuts.
The $Nasdaq Composite Index(.IXIC.US)$ gained 0.90% to cloase at 18,352.76, and the $S&P 500 Index(.SPX.US)$ rose 0.5%. The $Dow Jones Industrial Average(.DJI.US)$ was up 0.17%, or 67.87 points, ending at 39,375.87.
MACRO
Friday’...

Morning Movers
Gapping up
$ASML Holding(ASML.US)$ BofA reaffirmed its €1,302 price objective for ASML shares, citing increased EBITDA expansion and the scarcity value of AI in Europe. BofA emphasized the unique position of ASML in the AI infrastructure sector, noting that all companies producing AI processors and DRAM utilize ASML's EUV technology for chip manufacturing. Shares rose by 0.63% in premarket trading.
$Tesla(TSLA.US)$ stock in...

Morning Movers
Gapping up
$Lowe's Companies(LOW.US)$ reported first-quarter net sales that topped analysts' estimates, as the DIY-retailer was boosted by growth in its online offerings and services for professionals.Diluted earnings per share dropped to $3.06 from $3.77 a year ago. Operating margin dipped to 12.4%, slightly above Wall Street estimates of 12.3%.
Shares in Lowe's rose by 4.7% in premarket U.S. trading on Tuesday.Chi...

$Nordstrom(JWN.US)$ $Macy's(M.US)$
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