News & Events zu Boot Barn Holdings, Inc. (BOOT)BOOTBoot Barn Holdings, Inc.

Stocks Decline as U.S. 10-Year Treasury Yield Hits 5%

Stocks closed lower after the yield on the U.S. 10-year Treasury note rose for a fifth consecutive session, hitting the closely watched 5% threshold for the first time since 2007. The yield climbed as high as 5.04% before easing slightly to 5.01%. The renewed rise in oil prices continues to cloud the inflation outlook, particularly as tensions in the Middle East remain elevated and risks to oil supplies increase. The Fed is widely expected to raise interest rates for the first time since 2023 on Wednesday and investors will also closely scrutinize the Fed's updated economic projections, particularly its outlook for inflation and rates.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Micronfaces escalating labor risk in Taiwan as unions threaten a strike,Waystaris exploring strategic options, including a potential sale,Enovashares fell after the companyfor the proposed acquisition of Grasshopper BancorpDave & Buster'sreportedthat fell short of expectationsDoorDashwilland make a long-term investment in Wonder as part of its Series D round2. WALL STREET CALLS:Eli Lillyto Buy at BerenbergRapid7to Underweight at JPMorganEtsyto Outperform at OppenheimerJPMorganAptiv, Magnaand Learto NeutralNew York Timesto Buy at Guggenheim on digital advertising momentum3. AROUND THE WEB:Nvidiaand Booz Allen Hamiltonare limiting Fable use as Anthropic doesn't guarantee zero data retention, The Information saysChipotlebeefing up its board in bid to quell concerns about potential activist scrutiny, Semafor saysSoftBanksecured an $11.87B loan to support its investment in OpenAI, Bloomberg saysApple TV's"Widow's Bay" swept every category it was nominated for at the 78th Emmy Awards, collecting 14 awards, WSJ reportsAmerican oil executives have warned a global fuel crisis has arrived due to the prolonged closure of the Strait of Hormuz, WSJ says4. MOVERS:Radiant Logisticsadvanced after, with EPS and revenue higher year-over-yearNokiagained after stock wasat RosenblattAlignment Healthcaredeclined afterat Baird conferenceMach Natural Resourcesfell afteran 8M share offeringHyperliquid Strategiesdeclined after160M shares5. EARNINGS/GUIDANCE:Vera Bradleyreportedand backed its outlook for FY27James Hardiereaffirmed itsfor Q2 and FY27Forgent Power Solutionsreported, with EPS and revenue beating consensusBoot Barnprovidedfor Q2Children's Placereported, with EPS and revenue missing consensusINDEXES:The Dow fell 328.09, or 0.63%, to 52,093.11, the Nasdaq lost 204.84, or 0.78%, to 25,981.57, and the S&P 500 declined 34.25, or 0.45%, to 7,585.73.

Stocks Decline as Bond Yields Rise

Stocks were lower on Tuesday, extending the pullback from the previous session on further pressure from higher bond yields. Long-maturity yields rose further as the escalation of strikes in the Middle East worsened the outlook on energy supply from the region, magnifying inflation risks and a hawkish response from the Federal Reserve. Market participants widely expect the Fed to hike rates by 25 basis points tomorrow as higher fuel prices have driven traction in underlying inflation.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Micronfaces escalating labor risk in Taiwan as, Reuters reportsWaystaris, including a potential sale, Reuters reportsEnovashares are falling after the companyfor the proposed acquisition of Grasshopper BancorpDave & Buster'sthat fell short of expectationsDoorDashGrubhub Campus Dining business and make a long-term investment in Wonder as part of its Series D round2. WALL STREET CALLS:Eli Lillyto Buy at BerenbergRapid7to Underweight at JPMorganEtsyto Outperform at OppenheimerJPMorganauto suppliers Aptiv, Magnaand Learto NeutralNew York Timesto Buy at Guggenheim on digital advertising momentum3. AROUND THE WEB:Nvidiaand Booz Allen Hamiltonare limiting Fable use as Anthropic doesn't guarantee zero data retention, The Information saysEuronextCEO Stephane Boujnah says he is open to a deal with German rival Deutsche Boerse, saying that combining the stock exchange businesses would make sense, FT reportsSoftBanksecured an $11.87B loan to support its investment in OpenAI, Bloomberg saysApple TV's"Widow's Bay" swept every category it was nominated for at the 78th Emmy Awards, collecting 14 awards, WSJ reportsAmerican oil executives have warned a global fuel crisis has arrived due to the prolonged closure of the Strait of Hormuz, WSJ says. Publicly traded companies in the space include BP, Chevron, ConocoPhillips, Exxon Mobil, Shelland TotalEnergies4. MOVERS:Radiant Logisticshigher afterwith EPS and revenue higher year-over-yearNokiagains in New York afterto deploy 800G coherent pluggable opticsAlignment Healthcaredeclines after not commenting on itsat the Baird conferenceMach Natural Resourcesfalls after announcing anHyperliquid Strategieslower after filing to5. EARNINGS/GUIDANCE:Vera Bradleyand backed its outlook for FY27James Hardiefor Q2 and FY27Forgent Power Solutions, with EPS and revenue beating consensusBoot BarnChildren's Place, with EPS and revenue missing consensusINDEXES:Near midday, the Dow was down 471.41, or 0.90%, to 51,949.79, the Nasdaq was down 187.06, or 0.71%, to 25,999.36, and the S&P 500 was down 37.33, or 0.49%, to 7,582.65.

Anthropic CEO Warns of Out-of-Control AI, Tech Stocks Plunge

"Pacing the frontier" of AI development, expressed by the CEO of Anthropic in a high-profile blog post this weekend ,was added to the wall of worry for investors, sending the industries within the Tech sector most exposed to AI sharply lower on Monday.  While the issues of higher oil prices due to Middle East instability and rising interest rates remain concerning, the debate over the threat of out-of-control AI was top of mind for the markets today.  Semiconductors, Computer Hardware, Memory, and Semi Equipment names were uniformly sold off.  Conversely, SaaS and Infrastructure Software stocks, along with IT Services - areas of the Tech sector thought to be under duress from the consequences of a speedy AI buildout - outperformed, with especially pronounced strength among cybersecurity stocks as traders recalibrated expectations of demand in the event that some of the more nefarious risks of AI development without guardrails came to pass.   Rotation out of Tech also benefited the traditional defensive sectors Consumer Staples and Healthcare.In the opening hour of the evening session, index futures are flat as AI panic may have subsided into the close.  Commodities trading saw continued strength in Energy - WTI Crude Oil was back above $102 per barrel as Iran's top security official contradicted President Trump's remarks that Tehran is clamoring for a deal to resolve the standoff in the Strait of Hormuz.  In metals, gold and silver tested multi-week lows as US dollar advance was supported by building expectations of a Fed rate hike this week and Treasury yields making fresh highs across the curve.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Radiant Logisticsup 9.6%ALSO HIGHER -Boot Barn Holdingsup 1.5% after positive Q2 pre-announcement ahead of investor conferencesDOWN AFTER EARNINGS -Dave & Buster's Entertainmentdown 11.9%Kestra Medical Technologiesdown 8.7%The Children's Placedown 0.8%ALSO LOWER -Enova Internationaldown 18.8% after withdrawing application for Grasshopper dealContineum Therapeuticsdown 4.1% after announcing MOONLIGHT-1 trial did not achieve endpointTORM plcdown 3.5% after equity offering