The Gap, Inc. (GAP.DE)
| Previous close | 17.10 |
| Open | 17.10 |
| Bid | 0.00 x N/A |
| Ask | 0.00 x N/A |
| Day's range | 17.10 - 17.10 |
| 52-week range | 6.82 - 17.28 |
| Volume | |
| Avg. volume | 1,192 |
| Market cap | 6.59B |
| Beta (5Y monthly) | 2.33 |
| PE ratio (TTM) | 171.05 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance Video
April PCE, Skydance ups Paramount bid, Trump fallout: Catalysts
The core Personal Consumption Expenditures (PCE) index, which excludes volatile food and energy components, increased by 0.2% in April. This reading aligned with Wall Street's expectations but marked a slower pace than the 0.3% increase witnessed in March. In addition, Treasury yields (^TNX ^TYX, ^FVX) are on the decline this morning after this inflation data. Skydance Media submitted a new offer to Paramount Global (PARA) in its bid to acquire the media giant, according to the Wall Street Journal. Former President Donald Trump has become the first US president to ever be convicted of a felony. A New York jury found the former commander-in-chief guilty on all 34 charges related to his hush money trial. Investors are watching the fallout from the case closely, looking for any potential impacts on the broader market (^DJI, ^IXIC, ^GSPC) For more expert insight and the latest market action, click here This post was written by Nicholas Jacobino
- Yahoo Finance Video
Trump conviction, PCE data, Dell earnings: Morning Brief
On today's episode of the Morning Brief, co-hosts Brad Smith and Seana Smith delve into the aftermath of the Trump verdict, analyze trending tickers, and gauge market reactions to the latest PCE data release. Donald Trump's unprecedented conviction on all 34 felony charges in his hush money trial has sent shockwaves through the political landscape. Yahoo Finance's Rick Newman dissects the implications of this verdict on Trump's political future, while 22V Senior Managing Director Kim Wallace joins the show to explore how this landmark decision could influence broader market trends. The episode then covers the stock reactions of companies like Costco (COST), Dell (DELL), and Gap (GPS) following the release of their respective quarterly earnings reports. As markets eagerly await the Federal Reserve's next interest rate decision, April's Personal Consumption Expenditures (PCE) report aligned with analyst expectations. HSBC US Economist Ryan Wang and Invesco Chief Global Market Strategist Kristina Hooper join the discussion to dissect the PCE print and assess the possibility of rate cuts this year. This post was written by Angel Smith
- Yahoo Finance Video
New 'marketing muscles' helped drive Gap sales: Strategist
Shares of Gap (GPS) are surging after the company revealed first quarter comparable sales grew year over year for all four of its brands. Gap CEO and President Richard Dickson spoke with Yahoo Finance Executive Editor Brian Sozzi about the company's strategy and outlook. Dickson claims the company still has more work to do, adding, "it's not a sprint, it's a marathon." Telsey Advisory Group CEO Dana Telsey joins Catalysts to give insight into Gap's performance and the drivers that brought customers into the company's doors. "Where the product is new, where there is innovation behind it, where there's compelling marketing, it's resonating. And yes, it was a Gap brand, but take a look at Birkenstock (BIRK), take a look at Abercrombie & Fitch (ANF), take a look at Ralph Lauren (RL) and Deckers (DECK). All were able to drive sales increases because of new marketing muscles put behind the product, and the value pricing that some of these products have with it. Because consumers today still remain what I call squishy, they're being very cautious in where they decide to spend their dollars." Read more about Gap here. Watch Brian Sozzi's interview with Gap CEO and President Richard Dickson here. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
