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...

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...

Warren Buffett’s Berkshire Hathaway Is Taking a $30 Billion Hit on Apple

Text size Apple makes up 40% of Berkshire Hathaway’s equity portfolio. Dreamstime Warren Buffett loves Apple , but Berkshire Hathaway’s big holding in the iPhone maker is hurting: Apple shares a...

If you thought Walmart and Target had disappointing results, these retailers did so much worse

Retail stocks fell hard this week as bellwether companies disappointed investors with sagging profits. And now, a review of retailers sheds light on companies that put up worse numbers than those repo...

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...

Boeing Sells 50 737 MAX Jets to IAG at Discount

Text size A Boeing 737 MAX 10 airliner. Ellen Banner-Pool/Getty Images International Consolidated Airlines Group said it has ordered 50 Boeing 737 MAX jets, with options for a further 100 aircraft at ...

‘We did not have a plan for a country to shut down’ — Cisco stock plunges 13% as China lockdown affects supply and outlook

Cisco Systems Inc. shares plunged in the extended session Wednesday after the tech bellwether’s revenue forecast came up more than $1 billion short of Wall Street expectations, which executives blamed...

Why Is the Stock Market Down Today? Dow Slides and Target Tumbles.

Traders on the floor of the New York Stock Exchange last week. The Dow Jones Industrial Average had its worst day since 2020 on Wednesday. Photo by Spencer Platt/Getty Images Text size Sometimes it ta...

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...

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...

Recession Looms, But Markets Haven’t Got the Message

After 28 trading days away from the markets*, I’ve come back to find that a new narrative of impending recession is quickly taking hold. Yet, look at the markets themselves and the story isn’t much re...

Evidence of Nosedive Suggests Boeing Not at Fault in China Eastern Crash

Text size A passenger stands inside a terminal in front of a China Eastern plane at Shanghai Hongqiao International Airport. Qilai Shen/Bloomberg Boeing shares rose on news that the tragic crash of a ...

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...

Doximity stock plummets after forecast, heads lower than IPO price for first time

Doximity Inc. shares plunged toward all-time lows in after-hours trading Tuesday, following an earnings report that projected an unexpected revenue decline in the current quarter. Doximity DOCS, +2.36...

China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging

The U.S.-listed shares of China-based companies, surged Tuesday, particularly in the internet sector, as an apparent reduction of regulatory scrutiny has emboldened Wall Street analysts and investors ...

Rivian CEO Bought Stock in the EV Start-Up. The Shares Are Rising.

Text size CEO R.J. Scaringe’s recent purchase means he owns about 4.5 million shares of Rivian stock. Courtesy of Rivian Rivian ’s CEO R.J. Scaringe stepped up and bought the dip in his company’...

Opinion: Amazon’s stock price has slumped almost 34% this year. This money manager says it’s a steal and could surge 76% to $3,900 in 2 years

The stock market is a funny place: When great businesses go on sale, most people don’t rejoice. Instead they freak out. This presents an excellent opportunity for long-term investors who keep their wi...

Home Depot Raises 2022 Guidance After Record First-Quarter Sales

Text size Home Depot tops first-quarter earnings expectations. Justin Sullivan/Getty Images Home Depot exceeded earnings expectations as sales rose to the highest ever for the first quarter of the yea...

Tesla Is King of EVs. Here Are the Top 10 Contenders for the Crown.

Text size Tesla cars at charging stations in Yermo, California. Chris Delmas / AFP via Getty Images Tesla makes the bestselling all-battery electric vehicle model in the world—by far. But others are m...

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...

10 Battered Tech Stocks Advisors Should Consider for Clients

Any investors who bought the best tech stocks in the depths of despair in 2009 made multiples of the return of the Nasdaq Composite Index in the 13 years since. Shares of one tech legend, Salesforce  ...

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’...

Carvana Issued a New Operating Plan. The Stock Is Rallying.

Text size A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle/Getty Images Carvana shares were rising Monday as investors reacted to the used car platform’s ...

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...

Switzerland’s Central Bank Bought Apple, AMC, Tesla, and Rivian Stock

Text size Apple stock is holding up better than the broader market. Gabby Jones/Bloomberg The central bank of Switzerland increased positions in some of its largest U.S.-traded equity investments in t...

Walmart Anticipates a Store Manager Shortage Despite $200,000-a-Year Pay

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Walmart, Moderna, Target, Deere, Home Depot, and Other Stocks for Investors to Watch This Week

Text size It’s the tail end of first-quarter earnings season, with mostly retailers left to report this week. Government data on U.S. retail sales will also be released. Home Depot and Walmart report ...

Walmart Can’t Find Enough Store Managers, Even at $200,000 a Year

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Largest U.S. Pension Bought AMC, AMD, and Block Stock. It Sold Netflix.

Text size An AMC box office. Jeenah Moon/Bloomberg The largest public pension in America loaded up a high-profile meme stock, and tech stocks, and cut back on a streaming giant before the shares went ...

Buy Shell Stock. The Energy Giant Looks Like a Bargain.

Shell has some of the most attractive assets in the global energy business, including the biggest network of service stations. Konstantinos Tsakalidis/Bloomberg Text size Investors have piled into ene...

Phillips 66, Electronic Arts, and 5 More Companies That Raised Their Dividend

Text size Phillips 66 raised its stock dividend this week. David Paul Morris/Bloomberg Phillips 66 , Cardinal Health , and Electronic Arts were among the U.S. companies that declared dividend increase...

Stocks Are Way Down. They’re Still Expensive.

U.S. stocks are off to their worst start to a year in more than a half-century. By some measures, they still look expensive. Wall Street often uses the ratio of a company’s share price to its earnings...