New York —

Here we are, at the tail end of a strong-despite-tariffs corporate earnings season, staring down a bumpy road through the second half of the year, when out of nowhere comes a flash of… what’s the word… hope? Well, not hope, but at least a reassurance that real-world business fundamentals still matter in a market obsessed with speculative AI pitch decks? A turnaround of a company with the gall to tell the private equity goons circling their stores to get bent?

It just may be.

See here: Macy’s, the retailer many investors had left for dead a year ago, busted out a banger of a quarterly earnings report, sending its stock up more than 20% early Wednesday.

The company’s earnings were broadly better than expected, with revenue coming in at $4.8 billion (versus analysts’ consens

See Full Page