Walmart said Tuesday that sales rose by nearly 9% in the fiscal third quarter, as Americans across income levels bought the company’s low-priced groceries. The discounter beat Wall Street’...
Tag: Earnings
Soluna Holdings, Inc. Announces Q3 2022 Earnings
Project Dorothy Moves to Energization Date ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a develope...
Carnival, Advance Auto Parts and more
In an aerial view, the Carnival Miracle cruise ship operated by Carnival Cruise Lines sits docked at Pier 27 on September 30, 2022 in San Francisco, California. Justin Sullivan | Getty Images Check ou...
Home Depot (HD) earnings Q3 2022
A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot reporte...
Is Home Depot stock a ‘buy’ after its third-quarter earnings print?
Home Depot Inc (NYSE: HD), on Tuesday, reported market-beating results for its fiscal third quarter. Shares are still unimpressed as investors expected more on the guidance front. Should you buy Home ...
Walmart, Vodafone, Getty Images and more
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart shares surged 6.9% in the premarket after the retailer reported better-than-expected quarterly profit and revenue, a...
Vodafone share price plunged after earnings: buy the dip?
Vodafone (LON: VOD) share price plunged by more than 6% on Tuesday after the company published weak results. It plunged to a low of 97.82p, the lowest level since Friday 28. This drop made it the seco...
Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure
Credit Suisse on Tuesday announced that it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group (SPG) to Apollo Global Management....
Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data
Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. BABA, +0.7...
Home Depot, Lowe’s Report Earnings Amid Housing Recession Risk
Home Depot (HD) and Lowe’s (LOW) report third quarter results on Tuesday and Wednesday, respectively, this week. The home improvement retailers provide insight into the demand and price inflatio...
Arbitrum sees steady growth as airdrop speculation leads to increased earnings
Post Ethereum merge, layer-2 blockchains have been catching the eyes of users and investors alike. Research firm Delphi Digital has been tracking Arbitrum since August and recently shared its analysis...
Cowen’s analyst reveals his top retail stock ahead of earnings
If he was allowed to buy one retail stock right now, Cowen’s Oliver Chen says he’d go for Target Corporation (NYSE: TGT). Target to report Q3 earnings this week Target is scheduled to report its Q3 re...
What to expect when TJ Maxx’s parent reports earnings
Off-price retailer TJX Companies (TJX), one of our best performing stocks since late summer, is set to report earnings this week Big picture We started our position in the parent of TJ Maxx and Marsha...
Bitcoin miner Canaan scales operations despite low earnings, CEO says
Chinese cryptocurrency mining firm Canaan will continue to expand operations despite the ongoing bear market and an associated drop in earnings, according to the company’s CEO. Canaan posted a 90% ove...
Hasbro, Oatly, Advanced Micro Devices and more
Take a look at some of the biggest movers in the premarket: Hasbro (HAS) – The toy maker’s stock slid 5.2% in the premarket following a double-downgrade to “underperform” from “...
BAE Systems share price outlook ahead of earnings?
BAE Systems (LON: BA) share price has been a major winner in the FTSE 100 index this year. It has jumped by over 36%, making it the second-best performer in the index after Shell. Recently, however, t...
Asia Earnings Week Ahead: Alibaba, Tencent, Japan’s Megabanks
(Bloomberg) — Asia’s key earnings may deliver a mixed bag this week, with Chinese retail giant Alibaba expected to widen its profit margin while Japan’s three biggest banks may be left nursing l...
Retailers’ biggest holiday wish is to get rid of all that excess inventory
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images As some of the nation’s largest retailers report quarterly e...
Why investors have jumped off the Carvana bandwagon
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC DETROIT – Last year, Carvana CEO and cofounder Ernie Garcia went on a victory lap. He touted the company’s “landmark” second-quarter resu...
Walmart Is Flexing Its Muscle Again
America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore. Walmart Inc. Chief Executive Doug McMillon delivered the warning in person last month in a...
3Q Earnings Weren’t Bad. But 2023 Estimates Could Be Ugly.
Wall Street expected 2023 earnings forecasts to drop after third-quarter results came in. That time has come. With companies that account for some 90% of the S&P 500’s market capitalization having...
A Berkshire Hathaway Bright Spot: Energy. Here Are the Numbers.
Warren Buffett likes energy. Berkshire Hathaway now owns some $58 billion of Chevron and Occidental Petroleum securities. It isn’t Berkshire’s largest holding; that would be insurance, led by auto ins...
FREY Stock Pops As Freyr Battery Startup Selects U.S. Gigafactory Site With Earnings Due; Polestar Soars
Freyr Battery (FREY) prepares to report earnings for the third quarter after selecting Georgia for its Giga America battery cell factory. FREY stock jumped Friday. EV stocks in general rallied, led by...
Multiple IBD 50 Growth Stocks Set Up Entry Points, Some After Strong Earnings
The IBD 50, a list of growth stocks that are screened based on recent strong earnings growth and sound technical ratings, finds several stocks setting up bases with buy points on watch. X With the sto...
Home Depot, Walmart Kick Off Busy Week Of Retail Earnings; Tech Investors Eye Results from Cisco, Nvidia, AMAT
Dow Jones stocks Home Depot (HD) and Walmart (WMT) headline a busy week of retail earnings reports as Wall Street weighs the impact of higher interest rates on the economy. X Big box retailer Walmart ...
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in...