The shipping industry is undeniably cyclical, a feature that has kept away legions of investors burned by too many sudden downturns with no clear pattern of recovery. But for Genco Shipping & Trad...
Tag: Earnings
Xpeng Earnings: XPEV Stock On Deck As China Lockdowns Threaten EV Boom
Xpeng (XPEV) prepares to report Monday for the first quarter, with Nio (NIO) on deck, after Li Auto (Li) gave weak revenue and delivery guidance. X All three Chinese EV startups aspire to shake Tesla&...
Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers
Text size Dollar General and Dollar Tree report earnings next Thursday. Justin Sullivan/Getty Images Dollar General and Dollar Tree report earnings next week, but the stocks got crushed well in advanc...
Shopify and 5 More Stocks That Aren’t as Cheap as They Look
Text size As stocks tumble, investors should know how GAAP earnings can reveal flaws in seemingly attractive companies, such as Lyft. David Paul Morris/Bloomberg Stocks are tumbling and bargains aboun...
Applied Materials whiffs across the board on earnings, stock drops
Applied Materials Inc. shares declined in the extended session Thursday after the semiconductor-manufacturing equipment maker missed on earnings, revenue and its forecast and pointed at continuing sup...
Broadcom Stock Slumps Ahead Of Quarterly Earnings Due
If you’re looking for stocks that are setting up in a base ahead of earnings, here’s one that fits the bill: Broadcom (AVGO). It’s expected to report on Jun. 2 and is trading about 1...
Consumers Aren’t OK. Why April Retail Sales Are Misleading.
Walmart sales climbed in the first quarter from a year ago, but flat transaction numbers suggest inflation drove the gain. Here, a Walmart in San Leandro, Calif., last year. David Paul Morris/Bloomber...
Nvidia Price Targets Cut Ahead of Next Week’s Earnings Release
By Sam Boughedda Investing.com — NVIDIA’s (NASDAQ:NVDA) price target was cut at both Oppenheimer and Wedbush on Thursday, ahead of the company’s earnings release next week, May 25th....
Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.
“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argu...
Kohl’s (KSS) reports Q1 2022 earnings
Kohl’s on Thursday said final and fully financed bids from potential buyers are expected in the coming weeks, as the retailer faces heightened pressure from activists to sell. Chief Executive Of...
Kohl’s, BJ’s Wholesale, Spirit and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Re...
Nvidia Earnings Aren’t Due for a Week. Why This Analyst Is Already Worried.
Text size Nvidia has consistently beat estimates and raised its financial forecasts over the past two years. Courtesy Nvidia Nvidia might not substantially raise its financial forecasts or turn in hig...
Analog Devices tops fiscal Q2 2022 earnings and revenue estimates
Analog Devices (NASDAQ: ADI) has announced its fiscal Q2 2022 financial results for the quarter ending April 30, 2022. The company reported revenue of $2.97 billion, beating consensus estimates of $2....
Dow Jones Sells Off As Target Plunges 25% On Earnings
The Dow Jones Industrial Average dropped Wednesday in the wake of Tuesday’s bullish stock market gains. Retail stocks spearheaded the declines as Target stock plunged 25% on a weak first-quarter...
Walmart and Target Miss Quarterly Earnings Estimates, Dramatically
Quarterly quandary: Long on sales, short on profits Getty Images These are “Strange days indeed,” to quote John Lennon. Inflation rates are at a 40-year high yet based on the most recent April spendin...
Bath & Body Works shares tumble as retailer cuts profit outlook due
Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body Works shares fell in afte...
Cisco, Bath & Body Works, Synopsys
A man passes under a Cisco logo at the Mobile World Congress in Barcelona, Spain February 25, 2019. Sergio Perez | Reuters Check out the companies making headlines after the bell: Cisco Systems — Sha...
What Walmart, Target, Home Depot and Lowe’s tell us about the economy
Compilation of Target, Walmart, Lowe’s and Home Depot stores. Reuters How well is the American consumer holding up against sky-high inflation? It depends on whom you ask. Four major retailers — ...
Is the Housing Market Slowing Down? Takeaways From Real Estate Earnings.
Several housing metrics due this week are expected to show signs of a slowdown. That sentiment has also been echoed in recent comments from real estate technology companies on earnings calls. Affordab...
Target, Lowe’s, TJX and more
Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday tra...
Target Stock Plunge Wipes $25 Billion As Inflation Squeezes Customers And Sends Costs Soaring—Spurring ‘Dramatic’ Earnings Shortfall
Topline Shares of Target collapsed Wednesday after the brick-and-mortar retailer posted disappointing first-quarter earnings spurred by unexpectedly high costs that offset rising sales—spelling more t...
Cramer’s Mad Money Recap 5/17: Apple, Tesla, Disney
There were a lot of new narratives on Wall Street today, Jim Cramer told his Mad Money viewers, and that’s great news for the bulls. If the good news continues overnight, look for the rally to c...
Bitcoin Back Below $30K as Target’s Earnings Miss Shows Effects of Inflation
Although such scenarios could take months to play out, stock traders are already pricing in anticipated lower earnings, which lead to a drop in equity valuations. On Wednesday, S&P 500 futures dro...
Lowe’s (LOW) earnings Q1 2022
A customer pushes a shopping cart towards the entrance of a Lowe’s store in Concord, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Lowe’s on Wednesday...
Target (TGT) Q1 2022 earnings
Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales...
Households are spending the equivalent of $5,000 a year on gasoline
A woman rides an electric bike past a gas station as current gasoline prices continues to climb close to record setting territory in Encinitas, California, May 9, 2022. Mike Blake | Reuters U.S. house...
Here’s the real reason the stock market is coming unglued — and it isn’t because of weak earnings
An earnings recession is not the biggest threat facing the stock market right now. That may seem a curious assertion to make in a week in which the largest retailers are reporting disappointing earnin...