New Kohl’s CEO Ashley Buchanan has a “meaningful” opportunity to drive improvements at the retailer, says analyst firm Jefferies.

Shares of Kohl's Corp (NYSE: KSS) are falling on Tuesday. The company's stock plunged 25.1% as of 2:40 p.m. ET and was down as much as 27.4% earlier in the day. The steep decline comes amid a broader market pullback,

Tesla stock erased its post-election gains, with shares notching their worst day since the fall of 2020. Disappointing sales data and concerns over Chief Executive Elon Musk’s role in the Trump administration have sent Tesla shares sliding this year.

Tesla bounced back on Tuesday following its worst day in five years after one of Wall Street’s biggest bulls said it was time to buy the stock — and President Trump pledged to buy a Tesla.

Tesla CEO Elon Musk responded Monday after his car company suffered huge losses amid a deepening Wall Street sell-off spurred by concerns over President Donald Trump's tariff and trade policies. The S&P 500 slid 2.

Wall Street is waking up to the downside of its own overconfidence — in AI, Trump, and momentum. Investors had spent months bidding up the biggest names in tech, but now the air is rushing out. Notably, the stocks that surged in the first months following Donald Trump’s re-election in November are now the ones getting hit the hardest.

Donald Trump never told voters there might be a recession on the road to his new “golden age.” The president’s refusal – twice – to rule out an economic contraction this year set off a stock market plunge on Monday that hammered Americans’ retirement accounts.

In the first Trump term, it took a disease to destroy the economy,” Stephen Colbert said. “This time, he’s the disease.”