Check out the companies making headlines before the bell: Target (TGT) – Target plummeted 22.1% in the premarket after the retailer reported an adjusted quarterly profit of $2.19 per share, below the ...
Tag: Earnings
Target earnings miss as supply chain inflation bites
The scary arm of inflation has found its way to the financials of consistently top performing Target. Target reported a wide first quarter earnings miss on Wednesday as cost increases in areas such as...
Burberry share price gets undervalued after earnings. Is it a buy?
The Burberry (LON: BRBY) share price moved sideways after the company published its trading statement. The stock is trading at 1,584p, which is about 2.65% below the highest point this week. Burberry...
Cisco Systems’ Earnings Are Today. Here’s What to Expect.
Text size Barclays analyst Tim Long says order growth at Cisco is likely to slow down. Josep Lago/AFP via Getty Images Wall Street is optimistic about Cisco Systems’ quarterly results, due after the c...
Stock futures lower as Wall Street looks to build on recent rebound
U.S. stock futures were lower on Tuesday evening as investors looked to build on a solid rally. Futures for the Dow Jones Industrial Average shed 93 points, or 0.29%. S&P 500 futures sat 0.18% low...
Walmart (WMT) earnings Q1 2023
Walmart on Tuesday reported quarterly earnings that missed Wall Street’s expectations by a wide margin, as the nation’s largest retailer felt pressure from rising fuel costs and higher lev...
Home Depot (HD) Q1 2022 earnings
Home Depot on Tuesday raised its full-year outlook and reported strong quarterly earnings, fueled by the company’s strongest first-quarter sales on record, an early signal that the retailer is s...
How Carvana went from a Wall Street top pick to meme stock trading
Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that “the march continues” in the company’s mission to become the largest and mo...
Walmart, Citigroup, Paramount and more
Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Check out the companies making headlines in midday trading. Walmart — Shares fel...
Vice Premier Attends Internet Meeting, JD Earnings Beat Expectations
China Last Night KraneShares Key News Asian equities had a strong session overnight as all markets were in the green and Hong Kong and India outperformed. Hong Kong internet stocks had a strong day fo...
Home Depot Q1 earnings report: ‘it’s a very solid report’
Home Depot Inc (NYSE: HD) opened more than 3.0% up in the stock market this morning after the home improvement retailer reported strong results for its fiscal Q1 and raised its guidance for the full y...
Elon Musk To Twitter: Prove Spam Data Or The Takeover Deal Is Off
Updated at 9:40 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares edged higher Tuesday, potentially snapping their recent run of eight consecutive session declines, after Tesla (TSLA) &#...
Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report – Bitcoin News
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain ...
Walmart Q1 earnings miss estimates as inflation weighs on profits
Walmart (WMT) reported mixed quarterly results on Tuesday, with earnings falling short of estimates as rising costs for food, fuel and wages weighed on profitability even as still-solid consumer spend...
Walmart, Home Depot, Citigroup and more
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – Walmart slumped 7% in premarket trading after missing bottom-line expectations for the first quarter. The retail giant earne...
Walmart Skids On Earnings Miss, Target Earnings Due| Investor’s Business Daily
Retail giant Walmart (WMT) delivered a mixed first-quarter earnings report early Tuesday. Target (TGT) plans to report Wednesday. Walmart stock reversed early gains into sharp losses. Target stock als...
Shipping Stocks: Danaos Earnings Beat, ZIM, Golden Ocean Earnings Due
Danaos (DAC), a lessor of container ships, reported first-quarter earnings after the close on Monday that beat expectations. But Danaos stock was down after hours following the report. The company rep...
Stronghold Digital Beats Q1 Revenue Estimates, but Misses on Earnings
“Stronghold believes its liquidity position, combined with expected operating cash flow, will be sufficient to meet all existing commitments and fund operations,” the company said in a statement. “The...
Target vs Walmart: what’s a better buy ahead of earnings this week?
Walmart Inc (NYSE: WMT) and Target Corporation (NYSE: TGT) continue to hold their own this year in the face of a rather challenging operating environment that now has the SPDR S&P Retail ETF down ...
Wix is escaping the oversold region but how far can it rise after mixed earnings?
Wix.com Ltd. (NASDAQ:WIX) lost 8% on Monday after Q1 2022 loss widened to $227.3 million. The loss is wider compared to $62.1 million in the prior year. The company also continues to face headwinds fr...
Stocks making the biggest moves after hours: United Airlines & more
A United Airlines passenger plane is loaded at the capital’s BER airport before its first flight from BER to New York’s Newark Airport. On flights to the U.S. East Coast, Berliners and Bra...
SoFi Stock Spikes. Market May Be ‘Over-Discounting’ Growth Potential.
Text size Dreamstime Sofi Technologies stock was spiking Monday after it was upgraded by Piper Sandler analyst Kevin Barker, who said the market may be over-discounting the financial services company’...
Gloomy Goldman offers 20 ‘safety’ stocks with valuations below the previous 2 bear markets
It’s tight quarters in Wall Street’s bear sleuth these days. Goldman Sachs just downgraded their 2022 U.S. growth forecast (to 2.4% from 2.6%) and 2023 (to 1.6% from 2.2%), as senior chairman Lloyd Bl...
1Q22 Earnings Shows Coinbase’s Struggles
PARIS, FRANCE – OCTOBER 05: In this photo illustration, the Coinbase cryptocurrency exchange … [+] website is seen on the screen of a computer on October 05, 2018 in Paris, France. The Cal...
Spirit Airlines, Carvana, Warby Parker and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit Airlines surged 19.3% in premarket trading after JetBlue (JBLU) launched a $30 per share tender offer for it...
Is VOD a buy ahead of earnings?
The Vodafone (LON: VOD) share price remained under pressure on Monday morning as investors reacted to news that Etisalat had bought a stake in the company. The shares declined to a low of 14.63p, whic...
SoFi shares have taken too heavy a beating ahead of ‘significant earnings momentum,’ analyst says
SoFi Technologies Inc. shares have taken too much of a beating, according to a Piper Sandler analyst who upgraded the stock Monday. Piper Sandler’s Kevin Barker said in a Monday note to clients that t...