Brown Girl Jane’s sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves. Courtesy: Brown Girl Jane Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the … Read more

An improving market backdrop could send shares of Align Technology higher, according to Wells Fargo. The bank initiated coverage on the medical device company with an overweight rating and set its price target at $255, which reflects more than 24% upside from Thursday’s close. “We acknowledge that the Dental/Clear Aligner market isn’t exactly out of … Read more

Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to slash costs and demand for its Covid vaccine falls.  It marks another quarter of growing pains for the company, which is racing to launch new products and recover from the rapid decline … Read more

Roku could be poised for even more upside following its latest quarterly results, according to Pivotal Research and Wells Fargo. The firms upgraded the streaming platform, with Pivotal moving to buy from hold and Wells Fargo now rating it overweight, up from equal weight. They also increased their price targets on Roku: Pivotal nearly doubled … Read more

Sony PlayStation game controllers are displayed at a Best Buy store on December 17, 2024 in San Rafael, California.  Justin Sullivan | Getty Images Shares in Sony Group surged as much as 10.7% Friday after the company raised its revenue and profit forecast for its current financial year ending in March. The Japanese technology and … Read more

European stock markets opened lower on Friday after hitting record highs earlier this week. The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat. Asia-Pacific markets were mixed Friday, after Wall Street rose … Read more

Retail investor pessimism rises to highest since November 2023, AAII survey shows Almost half of all Main Street investors responding to a weekly survey from the American Association of Individual Investors are bearish on the outlook for stocks over the next six months, the largest number since November 2023. Pessimism rose to 47.3% in the … Read more

The emergence of cheaper and more efficient AI models off the back of China’s DeepSeek could reshape demand for data centers, boosting a sector that investors were already heavily betting would continue to boom. For years now, analysts have forecast exponential growth in data centers — the critical infrastructure required for powering the world’s digital … Read more

A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025.  Bloomberg | Bloomberg | Getty Images Haute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth quarter sales, proving still strong demand for the most exclusive products in an otherwise turbulent … Read more

NATO Secretary General Mark Rutte, U.S. Defense Secretary Pete Hegseth, Britain’s Defence Secretary John Healey and Turkey’s ambassador to NATO Zeki Levent Gumrukcu take part in a family photo during a NATO Defence Ministers meeting at the Alliance’s headquarters in Brussels, Belgium February 13, 2025.  Yves Herman | Reuters As the world’s defense and security … Read more