Trump's Praise Fuels American Eagle Stock Surge
President Trump's endorsement of GOP actress Sydney Sweeney's "hottest" American Eagle ad led to a significant stock jump and brief meme status, despite campaign criticism.
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HNI Acquires Steelcase for ~$2.2B, Creating a Furniture Industry Powerhouse.
This strategic merger unites complementary portfolios and dealer networks, aiming to enhance customer reach across diverse segments.
Ferrari: Trade Winds and Stalled Growth
Ferrari's Q2 revenue slightly missed estimates; shares fell in the biggest drop since the 2016 listing. Despite flat shipments, the full-year outlook is confident due to lower US-EU tariffs and planned price hikes.