Elf also gained market share and saw international sales nearly double.
The president-elect has pledged to lower prices, cut taxes and slap huge tariffs on imports. But don’t plan on a quick fix for inflation, experts say.
Qualcomm is upping its buyback program by $15 billion after repurchasing more than $4 billion in stock last fiscal year.
After a ballot initiative fails, an experimental state program will continue.
Many on Wall Street expected Tuesday’s election would be the final obstacle standing in the way of a stock-market melt-up heading into the end of the year. But rising Treasury yields are increasingly a concern.
The question for investors is what happens once the postelection euphoria wears off.
Donald Trump’s most consistent policy commitment is to tariffs, or taxes paid by U.S. importers of foreign goods.
The Russell 2000 index jumped 5.5% on Wednesday after former President Donald Trump’s electoral win.
