JPMorgan analysts upgraded Dollar Tree (DLTR) to Overweight and raised its price target to $157 per share. Yahoo Finance Live takes a look at Dollar Tree's position in the discount retailer space amid potential economic headwinds, also analyzing JPMorgan's analyst note on the stock. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
JPMorgan analysts upgraded Dollar Tree (DLTR) to Overweight and raised its price target to $157 per share. Yahoo Finance Live takes a look at Dollar Tree's position in the discount retailer space amid potential economic headwinds, also analyzing JPMorgan's analyst note on the stock.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
The Wall Street Journal
Starbucks got a pumpkin spice-infused jolt in early November when its full-year results easily exceeded Wall Street’s expectations. The stock is down by nearly 10% since that happy time, and investors have blamed everything from [a unionization drive](https://www.wsj.com/business/hospitality/starbucks-union-workers-strike-red-cup-day-1ae6c3b6) to a boycott over the war in Gaza for the turn in sentiment. The real reason appears to be that the coffee market is simply getting saturated in both the U.S. and China, its top two markets.
Bloomberg
(Bloomberg) -- The stock market’s rally to record highs heading into this week’s Federal Reserve meeting has some of Wall Street’s biggest optimists growing concerned that the good vibes are sending a contrarian signal.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsEvergrande Set for Liquidation as China Property Crisis Drags
Reuters
Sony scrapped the $10 billion merger of its Indian arm with Zee Entertainment in part because Zee failed to meet some financial terms of the deal and come up with a plan to address them, according to a termination notice reviewed by Reuters. India's Zee denied the allegations in a letter to Sony, also reviewed by Reuters, and accused the Japanese company of "bad faith" in calling off the merger. But Sony terminated the plans on Jan. 22, saying in a statement it was doing so because "closing conditions" were not satisfied after two years of negotiations.
Yahoo Finance
As far as whether or not the Fed actually pivots and begins to cut rates, that's really not the right question. The question should be, "If they don't cut, then why are they not cutting as they suggested in their dot plots?"
Bloomberg
(Bloomberg) -- BYD Co.’s earnings rose on back of soaring electric vehicle sales but fell short of analyst expectations as a price war in China hit the bottom line.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersTrump Cash Stockpile at Risk From $450 Million Dual VerdictsEvergrande Set for Liquidation as China Property Crisis Drags OnAmazon Drops $1.4 Billion iRobot Deal After EU Veto T