Some consumers are punting big purchases like pools and mattresses

Some consumers are punting big purchases like pools and mattresses

Ordini’s Best Fiberglass Pools contractors work to install a pool, which the company says have dramatically increased in sales due to COVID-19 fears, in Gilbertsville, Pennsylvania, April 26, 2021. Rachel Wisniewski | Reuters Americans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite. Corporate … Read more

What we know about the consumer so far

What we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas.  Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that … Read more

Super Micro pops 20% after S&P 500 selection

Super Micro pops 20% after S&P 500 selection

Rafael Henrique | Lightrocket | Getty Images Super Micro Computer stock popped 20% in Monday morning trading after the company was selected on Friday to join the S&P 500. Shares of the server and computer infrastructure company have been up more than twentyfold during the last two years and over 200% since the start of … Read more

Super Micro joining S&P 500 after 20-fold jump in stock in two years

Super Micro joining S&P 500 after 20-fold jump in stock in two years

David Paul Morris | Bloomberg | Getty Images Super Micro Computer is joining the S&P 500 following a historic rally in the stock that’s pushed the company’s market cap past $50 billion. The shares, up more than 20-fold in the past two years and over 200% just since the start of 2024, climbed another 8% … Read more