Latest news with #TheGap
Yahoo
13-06-2025
- Business
- Yahoo
The Gap, Inc. (GAP): 'I'm Really Not Worried,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where The Gap, Inc. (NYSE:GAP) stands against other stocks that Jim Cramer discussed. The Gap, Inc. (NYSE:GAP) is an iconic American apparel company. The firm's shares are down by 7% year-to-date primarily due to a massive drop in May end. The Gap, Inc. (NYSE:GAP)'s stock sank by a whopping 20% after the firm revealed that tariffs would squeeze its bottom line in 2025. The shares were hit particularly hard since the firm is currently undertaking a turnaround strategy through which it aims to lower costs by streamlining operations and consolidating its brands. Cramer has been appreciative of The Gap, Inc. (NYSE:GAP)'s CEO Richard Dickson in his earlier comments. Here's what he said this time around: "I'm really not worried about GAP as analyst, one after another wakes up to the idea that Richard Dickson has done a remarkable job." Ahead of The Gap, Inc. (NYSE:GAP)'s tariff warning, Cramer was optimistic about the stock. He had given viewers his "blessing" to pile into the stock: 'Hey, speaking of retail, ever since Richard Dickson became CEO of the Gap, almost two years ago, he's been busy reinventing the place. We've had him a number of times. It is working people, and since the last quarter, analysts have been falling all over themselves about this story. And now here's one that if it comes down ahead of the quarter, you have my permission, no, my blessing to pull the trigger and do some buying. Fall into the Gap.' Overall, GAP ranks 10th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of GAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
13-06-2025
- Business
- Yahoo
The Gap, Inc. (GAP): 'I'm Really Not Worried,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where The Gap, Inc. (NYSE:GAP) stands against other stocks that Jim Cramer discussed. The Gap, Inc. (NYSE:GAP) is an iconic American apparel company. The firm's shares are down by 7% year-to-date primarily due to a massive drop in May end. The Gap, Inc. (NYSE:GAP)'s stock sank by a whopping 20% after the firm revealed that tariffs would squeeze its bottom line in 2025. The shares were hit particularly hard since the firm is currently undertaking a turnaround strategy through which it aims to lower costs by streamlining operations and consolidating its brands. Cramer has been appreciative of The Gap, Inc. (NYSE:GAP)'s CEO Richard Dickson in his earlier comments. Here's what he said this time around: "I'm really not worried about GAP as analyst, one after another wakes up to the idea that Richard Dickson has done a remarkable job." Ahead of The Gap, Inc. (NYSE:GAP)'s tariff warning, Cramer was optimistic about the stock. He had given viewers his "blessing" to pile into the stock: 'Hey, speaking of retail, ever since Richard Dickson became CEO of the Gap, almost two years ago, he's been busy reinventing the place. We've had him a number of times. It is working people, and since the last quarter, analysts have been falling all over themselves about this story. And now here's one that if it comes down ahead of the quarter, you have my permission, no, my blessing to pull the trigger and do some buying. Fall into the Gap.' Overall, GAP ranks 10th on our list of stocks that Jim Cramer discussed. While we acknowledge the potential of GAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .
Yahoo
13-06-2025
- Business
- Yahoo
Gap (GAP) Drops on US-China Trade Deal
We recently published a list of . The Gap, Inc. (NYSE:GAP) is one of the worst-performing stocks on Thursday. The Gap Inc. saw its share prices drop by 4 percent at intraday trading on Thursday at $21.59 apiece as investors soured on the US-China trade deal that was said to have focused only on rare earth minerals. On Thursday, the US and China progressed on their two-day trade negotiations, but existing tariffs on each other's goods were said to have remained in place. Just recently, The Gap, Inc. (NYSE:GAP) provided a cautious business outlook for the rest of the year. Northfoto / In its earnings release, The Gap, Inc. (NYSE:GAP) said it expects to book between $250 million and $300 million of incremental costs if President Donald Trump's tariff rates of 30 percent on China and 10 percent on other countries remain. 'The company currently has strategies to mitigate more than half of that amount. After considering these mitigation strategies, the company estimates a remaining net impact of about $100 million to $150 million to fiscal 2025 operating income, primarily weighted to the back half of the year,' it underscored. Excluding the impact of tariffs, The Gap, Inc. (NYSE:GAP) said it was expecting to post a 1 to 2 percent growth in net sales for the full year 2025, with operating income between 8 and 10 percent. The second quarter, however, is expected to remain flat year-on-year. While we acknowledge the potential of GAP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Sign in to access your portfolio
West Australian
12-06-2025
- Business
- West Australian
American West gears up for copper drilling deluge in Canada
American West Metals is charging into exploration season at its flagship Storm copper project in Nunavut, Canada, with the drill bits primed to probe a bevy of deep, high-grade copper targets across its massive 2200-square-kilometre tenure. Topping the company's hit list is Cirrus Deeps, a high-priority electromagnetic (EM) anomaly beneath its existing Cirrus deposit. It sits in the same stratigraphic sweet spot as the project's largest deposit, Cyclone. Cirrus is linked to the mineral-rich Southern Graben Fault. Early drilling intersected fractured zones of sporadic copper sulphides, offering an encouraging sign of a significant mineralisation host. The company also seems buoyed by its Cyclone Deeps target, where a deep diamond hole last year struck 10 metres at 1.2 per cent copper from 311m. The hit was considerably deeper than the main Cyclone deposit's depth, suggesting a faulted extension that could run for more than 5km in strike. Closer to surface, a reverse circulation drilling program will target resource expansion activities at American West's Thunder, Lightning Ridge and Corona deposits, alongside high-grade prospects such as The Gap that last year returned a stellar 20m at 2.3 per cent copper. The company says it is rolling out a regional mobile magneto-telluric survey to test for signs of deeper copper sulphide targets across the 110km copper belt. The survey promises sharper resolution than historic geophysics, potentially lighting up new drill targets in the Midway-Storm-Tornado corridor and beyond. The Storm project has a mineral resource of 20.6 million tonnes grading 1.11 per cent copper and 3.34 grams per tonne (g/t) silver, equating to 228,500 tonnes of contained copper and 2.21 million ounces of silver. With less than 5 per cent of the 110km belt systematically explored, American West is betting on a string of high-grade discoveries to elevate Storm to a district-scale copper system. A robust economic assessment already pegged Storm with a US$149 million net present value and a two-year payback time for its low-capex, 10-year mining operation. The company is flat out preparing its camp for exploration season, targeting a pipeline of prospects that could significantly expand the project's already impressive resource base. Management is pushing ahead in the meantime with pre-feasibility study work to potentially lock-in 100 per cent debt financing. It has already sewn up 80 per cent of its initial capex thanks to a 100 per cent offtake agreement with United Kingdom-based trading services company Ocean Partners Holdings. As drilling ramps up and the upcoming mobile survey delivers new targets, American West looks poised to expand its already considerable resource base at Storm. The project seems to be shaping up as a low-risk, high-reward copper development play with plenty of resource upside. Is your ASX-listed company doing something interesting? Contact:
Business Insider
04-06-2025
- Business
- Business Insider
I'm an analyst by day and a fashion designer by night. A-listers like Zendaya have worn my clothes, but I'm not quitting my 9-5.
This as-told-to essay is based on an interview with Steven Goudeau, the 42-year-old head designer and CEO of Stephen Goudeau. It has been edited for length and clarity. For the past 17 years, I've had two jobs. I own my own fashion brand and work as a full-time analyst at AT&T. I don't think the average successful entrepreneur has just one income. I'll never have one job. I've loved fashion since I was young My parents were super stylish. One of my earliest memories is of my dad wearing a mesh tank top and gold MC Hammer pants standing next to a VW Beetle. As I got older, I also started to play with my look. I studied communications but kept creating clothes for local people in New Orleans, such as the pastor's wife. I didn't have any sewing skills, so I would visit a family friend who owned a local alterations shop, and she showed me how to cut patterns and sew. I got a job as a visual merchandiser at The Gap in Houston, which was my first real experience working two jobs. During the day, I worked for Chase Bank as a phone contractor, and then at night, after The Gap had closed, I decorated the store windows. I started my first fashion brand in 2006 My cousins helped me with my first brand, Studio Sixth Sense. I designed clothes for the professional woman who lives a luxury lifestyle. I did the designs while they handled marketing, model booking, and finance. A local seamstress would sew the clothes. I'd take individual commissions and participate in small fashion shows. I didn't seek funding to launch my brand. As luxury fabrics such as merino wool and crepe were not cheap, I needed a full-time second job to cover this outlay as I finished my contract with Chase. A friend referred me to AT&T A family friend told me about a well-paid tech support job at AT&T. It promised good benefits and a good salary. I interviewed, passed the test, and started working for AT&T in March 2008. At work, I'd keep a sketch pad with me so I could draw my designs during my downtime. It wasn't long before my designs started to get noticed. New York Fashion Week invited me after seeing my designs on social media I was approached by New York Fashion Week for its September 2012 show, as they'd spotted my designs on social media. I was ambitious but still a little raw. I participated in a show with a group of other designers and created a new collection called "Eat Cake" inspired by Marie Antoinette. It featured big shoulders, a lot of lace, and a lot of jewels. It caught the attention of celebrity stylist Law Roach. He started working with Zendaya in 2014 and shot her in my clothes. As time went on, other celebrities, such as Tyra Banks, Lil' Kim, Michelle Williams from Destiny's Child, and Emmy-winning actress Tabitha Brown were photographed in my pieces. When I started gaining traction, I changed the name I never wanted to put my name on the brand because I didn't think that people would accept a male of color in the luxury fashion industry. Then I started listening to people around me, and I agreed that Stephen Goudeau on a label inside a couture gown sounded so much better. It's spelled differently from my name, so I kept my own identity. I don't think I will ever have one job Being comfortable is an unhealthy way to live for me. I work 9 a.m. to 6 p.m. five days a week at AT&T. My average day involves getting out of bed and grabbing coffee, then catching the train or an Uber to take me to the office. For the next eight hours, I work as an analyst for AT&T. I won't design on my lunch hour because I'm too busy. Analysts watch the data all day, liaise with the techs, and work with the managers in the field. At Stephen Goudeau, I'm the head of the brand. When I go to AT&T, I can relax a little because somebody else is in charge. I can concentrate on my day-to-day role. AT&T knows that I have my own fashion company. Having a brand hasn't stopped me from progressing at AT&T. When I get home from my day job, I focus on my designs Even if I'm tired, it's not hard to get inspired. My apartment is full of mannequins. I may work until 1 a.m., but I only need three or four hours of sleep. In the evenings, I have calls with my fashion company and a team meeting on Monday nights. Having a solid team behind me ensures I don't get swamped. The upsides of having two jobs are, of course, the finances Working at AT&T has also taught me a lot about running a business. I get to work with a larger team and see different personalities and how different people work. I am sacrificing the time I get to spend with my family and friends, and I feel guilty sometimes, but they continue to be my biggest supporters. I stay on track through positive thoughts. As soon as I get out of bed every day, I put my feet on the ground and tell myself I'm going to have a good day because we have the power to predict how our day will go. In 2025, I plan to get into retail My goal is to have a showroom this year. I've started designing a lot of accessories because nobody wears couture every day. My family does worry about me getting burned out, but they see the bigger picture. They know that I want the Stephen Goudeau company to be known as a luxury household brand, but I don't plan to leave AT&T.
