U.S. stocks ended sharply lower on Tuesday, with major indexes suffering the worst daily percentage declines in over two months, as downbeat guidance from major retailers, rising Treasury yields and e...
Tag: Earnings
Norfolk Southern’s stock extends selloff, and one analyst turns bullish
Shares of Norfolk Southern Corp. have fallen enough — when compared with those of other railroad operators and the broader stock market — to create a “compelling entry point” for investors, according ...
Stocks moving big after hours: PANW, COIN, TOL
Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after...
Coinbase fourth-quarter revenue beats estimates despite falling 57% year-on-year
Coinbase’s fourth-quarter revenue beat estimates, with the exchange reporting revenue of $604.9 million compared to the $589 million FactSet estimate. Although ahead of expectations, full ...
‘Not a time to buy’: S&P 500 exiting ‘best era’ in decades for earnings growth amid ‘dried up’ liquidity
The U.S. stock market, as measured by the S&P 500 index, appears to be exiting the “best era” for growth in earnings per share in decades as sources of liquidity have dried up, according to resear...
Dow Jones Dives 500 Points After Economic Data; Home Depot, Walmart Tumble On Earnings
The Dow Jones Industrial Average lost more than 500 points Tuesday morning amid the release of economic data in a holiday-shortened week. Meanwhile, retail giants Home Depot (HD) and Walmart (WMT) rep...
Coinbase inches higher ahead of earnings as Silvergate slips after downgrade
Coinbase climbed higher shortly after the open today, while Silvergate and other crypto-related stocks dipped. Shares in the crypto exchange traded up by 1% to about $66 by 10:45 a.m. EST, acco...
Home Depot Posts Mixed Q4 Earnings, Hikes Dividend By 10%, Forecasts Decline In FY23 EPS
Home improvement retailer Home Depot Inc (NYSE: HD) reported fourth-quarter FY22 sales growth of 0.3% year-on-year to $35.83 billion, marginally missing the consensus of $35.97 billion. Customer trans...
Walmart (WMT) earnings Q4 2023
Customers exit a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 an...
Wall Street cares less about Nvidia’s earnings and more about its future
Eyes on the AI prize. Nvidia’s revenue is poised to fall again when it reports fourth-quarter earnings tomorrow (Feb. 22), but Wall Street won’t mind. The Santa Clara, California-based semiconductor m...
Home Depot (HD) Q4 earnings 2022
A customer loads plywood to a truck outside a Home Depot store in Galveston, Texas, on Tuesday, Aug. 25, 2020. Scott Dalton | Bloomberg | Getty Images Home Depot’s revenue fell short of Wall Str...
Walmart, Home Depot kick off retail earnings this week
Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, US, on Wednesday, Dec. 28, 2022. Victor J. Blue | Bloomberg | Getty Images After benefitting from a pandemic-era s...
HSBC profit more than doubled, boosted by higher interest rates
HSBC Holdings PLC’ fourth-quarter net profit more than doubled compared with the same period a year earlier, as higher interest rates boosted its top-line growth while better cost efficiency further s...
Hang Seng nears correction zone ahead of Baidu, Alibaba earnings
The Hang Seng index is unraveling. It has been in the red for three straight weeks and dropped by 9.8% from its highest point this year. This signals that it is nearing a correction level even as its ...
HSBC reports Q4, full year 2022 earnings
Hong Kong observation wheel, and the Hong Kong and Shanghai Bank, HSBC building, Victoria harbor, Hong Kong, China. Ucg | Universal Images Group | Getty Images HSBC on Tuesday reported fourth-quarter ...
Walmart Reports Earnings Tuesday. What to Expect.
Keep an eye out for Walmart stock when the market opens on Tuesday, analysts say. The retail giant is poised to deliver another strong quarter, fueled in part by a strong holiday season, and shares ma...
Walmart earnings preview: retailer vulnerable to inflation, but remains king of retail
Walmart Inc. (NYSE: WMT) will report Q4 and full-year results Tuesday morning. The retailing giant will be closely watched amid a difficult environment dominated by economic and inflation concerns at ...
Wall Street Expects Brutal Coinbase Earnings. Why an Analyst Upgraded the Stock.
Wall Street is mostly muted ahead of earnings from Coinbase Global expecting to see deep losses and the lowest quarterly sales in two years from the cryptocurrency broker when the group reports earnin...
IAG share price braces for turbulence ahead of Q3 earnings
IAG (LON: IAG) share price will be in the spotlight this week as the FTSE 100 constituent is scheduled to publish its quarterly and annual results. The stock has made a strong recovery phase having ju...
Earnings To Dip With Crypto Staking Hurdles?
Coinbase Earnings News: The US Securities and Exchange Commission’s (SEC) recent actions on various players in the crypto industry could potentially have a long term impact on giants like Coinbase. Th...
Dow Jones Futures: Market Rally Holds Up; Tesla Lithium Buzz, Nvidia Earnings In Focus
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. A possible Tesla lithium deal and upcoming Nvidia earnings are in focus. X The major indexes slashed s...
AMC Entertainment prepares for Q4 Earnings, What’s in the card?
NYSE: AMC Q4 earning estimate remains negative $0.19 and revenue estimate at $1.01 Billion AMC stock price struggles to reclaim the 50 day EMA and formed a lower low swings Technical indicators of AMC...
what’s a better buy ahead of earnings?
Target Corporation (NYSE: TGT) has so far outperformed Walmart Inc (NYSE: WMT) this year but the tables will turn in the coming weeks, says Greg Melich – Analyst at Evercore ISI. Here’s why he prefers...
Al Gore’s Firm Sells Alibaba Stock, TSMC, and Shopify. It Bought TI.
Generation Investment Management, chaired by former Vice President Al Gore, recently made big changes in its portfolio, reshuffling its holdings in the semiconductor business as its money managers cit...
Deere’s stock is having its best day in 2 years
Shares of John Deere parent Deere & Co. powered up to their best one-day performance in two years after the maker of agricultural, construction and forestry equipment reported a big fiscal first-q...
Nvidia earnings overshadowed by Microsoft, ChatGPT, OpenAI, gaming partnership
Nvidia Corp. earnings received a warmup Tuesday as Microsoft Corp. and the graphics-processing-unit giant announced a 10-year partnership to bring Activision Blizzard Inc.’s catalog as well as Xbox ga...