A Recession Is Coming. These Are the Stocks to Hunker Down In.

Eli Salzmann loves nothing better than finding a company that’s a “dog of a stock with no momentum” but on the verge of better days. At its core, that is what value investing is all about. Over the co...

Adidas boss says LIV Golf a ‘normal evolution,’ wants to focus on player partnerships

Phil Mickelson of the U.S. during the inaugural LIV Golf Invitational at the Centurion Club, Hemel Hempstead, St Albans, Britain, June 8, 2022 Paul Childs | Action Images via Reuters Adidas CEO Kasper...

Dividend Stocks: Top Insurer Collects On Earnings, Raises Dividend

In IBD’s Dividend Leaders screen, insurance firm Unum Group (UNM) is in focus after a giant earnings beat, dividend increase and improving fundamentals. X Unum Group — headquartered in Chattanoo...

Michael Saylor to step down as MicroStrategy CEO, shift to executive chairman role

Michael Saylor is set to step down as CEO of MicroStrategy and assume a new role as executive chairman, the company’s earnings report revealed Tuesday. The firm, which holds more than 129,699 BT...

Apple, ARK Stocks Lead Risk-On Rally; 5 Earnings Movers Near Buy Points

Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, amid another busy night of earnings. The stock market rally rose strongly on Wednesday, with tech ti...

Alibaba Jumps as Much as 6.5% Amid Tech Rally Ahead of Earnings

(Bloomberg) — Alibaba Group Holding Ltd. led Chinese tech stocks higher on Thursday as investors repositioned ahead of its quarterly results, though caution remained about a number of potential ...

Walmart Lays Off Hundreds of Corporate Workers

Walmart is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits. The retailer began noti...

Warner Bros. Discovery expected to slash jobs, restructure HBO Max as earnings loom

Warner Bros. Discovery (WBD) has a lot of questions to answer ahead of its earnings report on Thursday. The three-month-old streaming conglomerate, which is set to report its first quarterly earnings ...

CoinShares reveals loss in second-quarter earnings driven in part by UST collapse

Digital asset manager CoinShares reported losses in the second quarter as the firm suffered over $21 million in losses following the de-pegging and subsequent collapse of TerraUSD (UST). Adjusted earn...

Moderna CEO: No ‘Crazy’ Deals. We’re Giving Cash to Shareholders.

Text size Moderna CEO Stephane Bancel says his company will keep returning cash to investors until it finds a better way of creating value. Jason Alden/Bloomberg Moderna ’s CEO is feeling no pressure ...

Walmart lays off corporate employees after slashing forecast

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Walmart confirmed on Wednesday that it has begun to lay off corporate employees ...

Fisker (FSR) Q2 2022 earnings

Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Be...

AMD Stock Is Dipping. Why Analysts Say to Buy.

Text size An AMD central processing unit for a desktop PC. Alamy Wall Street is telling investors to buy Advanced Micro Devices shares any time they fall. Analysts believe the chip maker’s second-quar...

Lucid (LCID) Q2 2022 earnings and production forecast

Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...

Dow Jumps 400 Points As Stocks Rebound Thanks To Solid Earnings, Upbeat Economic Data

Topline The stock market rallied on Wednesday, reversing losses from earlier this week thanks to stronger-than-expected economic data which helped offset lingering recession fears, even as Federal Res...

3 takeaways from the Investing Club’s ‘Morning Meeting’ on Wednesday

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Oil is all about Russia ...

CoinShares Loses $21.7M In Q2 Earnings, Terra Crisis To Blame

Coinshares joins the list of crypto firms that have had to bear the negative impact of the Terra crash.  Yesterday, August 2nd, the European-based cryptocurrency investment firm, coinshares coinshares...

Is Starbucks stock a ‘buy’ after better-than-expected Q3 earnings?

Shares of Starbucks Corporation (NASDAQ: SBUX) are in the green this morning after the chain of coffeehouses reported better-than-expected profit for its fiscal third quarter in the face of a big hit ...

Credit Suisse hit with stock and credit downgrades after earnings plunge

Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse shares slipped on Wednesday after Goldman Sa...

Under Armour rises 7% in premarket after earnings beat

Under Armour (NYSE: UA, UAA) announced on August 3 its unaudited financial results for the first quarter of fiscal 2023. The revenue came in at $1.35 billion, beating estimates by $20 million, but the...

PayPal reports below-expected quarterly earnings

PayPal’s separation from eBay contributed to the payment service’s disappointing quarterly earnings and guidance this quarter. PayPal’s quarterly disappoints analysts PayPal’s quarterly report is belo...

Under Armour (UAA) Q1 2023 earnings and guidance

American multinational clothing brand Under Armour store seen in Hong Kong. Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Under Armour on Wednesday cut its profit forecast for the fiscal y...

Moderna’s Earnings Are Wednesday. Here’s What to Expect.

Text size Moderna is developing two vaccines for the fall, one for the U.S. and the other for international markets. Sean Gallup/Getty Images As the U.S. prepares for a broad Covid-19 booster campaign...

Starbucks Q3 2022 Quarterly Earnings Exceed Expectations amid High Demand for Cold Beverages in US

However, net income attributable to Starbucks in the fiscal third quarter was $912.9 million, or 79 cents per share. This is lower than the previous year’s $1.15 billion or 97 cents per share. Unlike ...

Yum Brands (YUM) Q2 2022 earnings

A woman walks past a Taco Bell Cantina on July 30, 2020 in New York City. Alexi Rosenfeld | Getty Images Yum Brands on Wednesday reported mixed quarterly results, but said Taco Bell had stronger sales...

Airbnb slides 7% premarket despite posting record-breaking Q2 earnings

Airbnb (NASDAQ: ABNB) shares dropped in the after-hours trading sessions on August 2 by over 6%, following what seemed like a solid earnings report. The online accommodation provider saw revenue jump ...

CVS Health (CVS) Q2 2022 earnings

People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health on Wednesday lifted its earnings outlook for the year, after beating Wall Street&#...

Pearson Looks to Blockchain Technology, NFTs, for Increased Earnings – crypto.news

Pearson PLC has revealed plans to integrate non-fungible tokens (NFTs) and blockchain technology into its operations to enable the company to earn a cut from the resale of its educational books. The f...

Occidental Petroleum Tops Profit Estimates, Pays Down Debt

Text size Occidental stock has doubled this year and is the top performer in the S&P 500, Callaghan O’Hare/Bloomberg Warren Buffett probably liked Occidental Petroleum ’s second-quarter earn...

Chip Maker AMD Prospers as Rival Intel Struggles

Advanced Micro Devices reported a sharp increase in quarterly sales, driven by strength in its data-center business where rival Intel has been stumbling, but issued a muted outlook for the current per...

Airbnb Stock Falls. Wall Street Hoped for More From Earnings.

Text size Airbnb earned $379 million in the second quarter, reversing a loss of $19 million in the first quarter. Dreamstime Airbnb shares are trading sharply lower in late trading Tuesday after the s...

Airbnb stock falls sharply despite earnings beat, plan to repurchase $2 billion in stock

Airbnb Inc. said Tuesday that it had its first profitable second quarter as a public company, and that it is so confident in its business that it is buying back $2 billion of its stock. “Our Q2 result...