This star fund manager sees 2008 parallels as he returns to the volatility business

Steve Diggle sees parallels with the global financial crisis as he says leverage is centered on private equity and private credit.
Gap (GAP) earnings Q1 2025

People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | Reuters New tariffs could impact Gap‘s business by $100 million to $150 million, if they remain in effect, the company said Thursday when announcing fiscal first-quarter earnings. Shares fell more than 15% in after-hours trading. In a […]
Costco (COST) Q3 2025 earnings

The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025. Jay L Clendenin | Getty Images Shares of Costco fell slightly on Thursday, despite the warehouse club posting quarterly earnings and revenue that topped estimates and reporting 8% year-over-year sales gains. Unlike many retailers, Costco does not provide […]
Dell’s earnings outlook blows past expectations, and this number explains why

Dell’s stock is rising after the company announced a $14 billion-plus AI backlog and said it expects to ship $7 billion worth of AI servers this quarter.
American Eagle Outfitters (AEO) earnings Q1 2025

American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer merchandise, following the retailer pulling its full-year guidance earlier this month due to macroeconomic uncertainty. “The first quarter was a challenging period for our business,” CEO Jay Schottenstein said in a release. “While we are […]
Gap’s sales stall, and retailer puts a number to additional costs due to tariffs

Gap Inc.’s stock drops after the retailer called for flat current-quarter sales.
Best Buy (BBY) Q1 2026 earnings

Best Buy on Thursday missed quarterly revenue expectations and cut its full-year sales and profit guidance as higher tariffs increase the costs of many consumer electronics that it sells. For its fiscal 2026, the retailer said it now expects $41.1 billion to $41.9 billion of revenue, down from its previous range of $41.4 billion to […]
Home buyers are finding a silver lining in a stalled housing market — especially if they’re in this group

Pending home sales fell in April as buyers pulled back amid economic uncertainty and volatility in the financial markets.
Boeing to resume airplane deliveries to China, CEO says

Boeing Co. 737 Max fuselages at the company’s manufacturing facility in Renton, Washington, on April 15, 2025. Bloomberg | Bloomberg | Getty Images Boeing‘s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact […]
United Airlines to return to JFK in new partnership with JetBlue

A United Airlines plane takeoff as a JetBlue plane is landing at San Francisco International Airport (SFO) in San Francisco, California, United States on June 8, 2023. Tayfun Coskun | Anadolu Agency | Getty Images United Airlines has a new friend in Queens. The airline plans to return to New York’s John F. Kennedy International […]



