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Home Depot Earnings Offer Glimmer Of Hope As Small Projects Offset Renovation Downturn
Home Depot Earnings Offer Glimmer Of Hope As Small Projects Offset Renovation Downturn
Home Depot reported stronger-than-expected second-quarter sales and profit as homeowners spent money on smaller do-it-yourself projects, giving the home-improvement retailer enough confidence to reaffirm its full-year outlook.
The frozen housing market, combined with elevated borrowing costs, has deterred homeowners from financing larger renovations, such as replacing exterior windows and doors or installing a new deck, and has also pressured Home Depot shares over the past year and a half.
However, second-quarter demand showed signs of resilience in smaller...
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Jun 9, 2026 / Tyler Durden
Apache Helicopter Downed Near Strait Of Hormuz In Iran War First, Crew Rescued
Apache Helicopter Downed Near Strait Of Hormuz In Iran War First, Crew Rescued
A US helicopter has gone down over the Strait of Hormuz off the coast of Oman in an unprecedented first of the Iran war, Central Command announced Tuesday, after which the two crew members were reportedly rescued by unmanned boats.
The Army AH-64 Apache was patrolling regional waters before the downing incident, which is still shrouded in mystery, and which the Pentagon says it is now investigating. However, the Iranians are saying they know exactly what happened -...
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Mar 26, 2026 / Tyler Durden
Gold Vs Bitcoin: Can Either Usurp The Dollar's Reign?
Gold Vs Bitcoin: Can Either Usurp The Dollar's Reign?
Tonight at 7pm ET, wealth manager Peter Schiff will debate bitcoin investor Mark Moss on the future of hard assets and the global monetary system.
Since the start of the war in Iran, Bitcoin and gold have reversed roles. While BTC used to trade like a leveraged tech stock, tanking on any shaky geopolitical news, it surged since Trump started bombing. Gold meanwhile, briefly dropped into a technical bear market.
Are traders anticipating a swift end to the war or has there been...
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May 19, 2026 / Dave DeCamp
In Response To ICC Arrest Warrant, Israel’s Smotrich Orders the Destruction of a Palestinian Village
Israeli Finance Minister Bezalel Smotrich on Tuesday ordered the destruction of a Palestinian Bedouin village in the Israeli-occupied West Bank, a move that he said was a response to the International Criminal Court (ICC) seeking an arrest warrant for him. Middle East Eye first reported on Monday that the office of the prosecutor at the […]
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