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Ross Stores Surges: Q4 Profits and Sales Crush Expectations as Bargain Hunters Drive Growth

Ross Stores surprises with strong fourth-quarter profits and sales growth, driven by rising same-store sales. The off-price retailer eyes continued momentum in 2026 amid economic challenges.

Ross Stores Surges: Q4 Profits and Sales Crush Expectations as Bargain Hunters Drive Growth
Credit: David Paul Morris/Bloomberg
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03/03/2026 · 5:30 PM
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Qualcomm Nears $4 Billion Acquisition of AI Startup Modular
Featured/ 06/22/2026 · 5:38 PM

Qualcomm Nears $4 Billion Acquisition of AI Startup Modular

The deal would boost Qualcomm’s AI software capabilities and challenge NVIDIA’s dominance in AI inference.

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Avis Budget Group Settles $650 Million Lawsuit with Pentwater
Featured/ 06/22/2026 · 5:22 PM

Avis Budget Group Settles $650 Million Lawsuit with Pentwater

Avis Budget Group has reached a $650 million settlement with Pentwater Capital to resolve its short-swing profits lawsuit. The agreement is subject to court approval.

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Lucid Cuts 18% of U.S. Workforce and Eliminates COO Role to Cut Costs
06/22/2026 · 3:46 PM

Lucid Cuts 18% of U.S. Workforce and Eliminates COO Role to Cut Costs

The restructuring is expected to deliver $158 million in annual cost savings.

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