Shopify Inc. produced a better holiday quarter than expected according to a Wednesday earnings report, but a forecast for slowing revenue growth hit the stock in after-hours trading. Shopify SHOP, +6....
Tag: Financial Performance
Bed Bath & Beyond’s $1 Billion Stock Deal: What to Know
It has been a whirlwind for Bed Bath & Beyond Inc.’s meme-stock investors, marked by a credit default, store closings and a last-gasp financing deal that saved the company from chapter 11. The tur...
Cisco Stock Rallies on Earnings and Guidance Beat
Cisco Systems shares are trading sharply higher in late trading Wednesday after the networking equipment provider posted solid results for its fiscal second quarter ended Jan. 28, while sharply increa...
The peak of this market rally is almost here, says JPMorgan. Time to ditch U.S. stocks, and buy these instead, says Wall Street giant.
Roses are red, violets are blue, will CPI turn into the stock market’s Waterloo? The inflation data showed higher prices remain sticky, even if overall pressure eased a bit. The stock market seems to ...
The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing
The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...
FIS walks back Worldpay merger, will spin off its merchant business
Financial-technology company Fidelity National Information Services Inc. plans to spin off its merchant business, the company announced Monday. FIS FIS, -15.21%, which announced a “comprehensive asses...
Here are five companies to pick if Goldman Sachs is right about the stock market being flat in 2023
Hearts, flowers and CPI data. Get ready for Tuesday. And hell hath no fury like a disappointed Wall Street. The last time CPI let the markets down — last September — stocks melted down like chocolate....
Who Will Win the Super Bowl This Year? Sports Betting Apps Might Be the Champs.
The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors. Feb. 11, 2023 12:01 am ET Fans will flood into Phoenix on Sunday to watch Super Bow...
Big Oil’s Big Paradox: Record Profits, Low Stock Valuations
Big Oil has never been more profitable, but it has hardly ever been a smaller part of the stock market. That’s enough to make industry executives feel unappreciated. “We’re grossly undervalued,” says ...
Lyft stock melts down after earnings ‘debacle for the ages’
Lyft Inc. isn’t getting too many stars for its latest earnings report, which is helping to send shares down more than 30% Friday morning as numerous bulls head for the hills and fret about the company...
Microsoft has a long path of earnings growth ahead, says Morgan Stanley
Microsoft Corp. has been a bit of an artificial-intelligence story lately, thanks to the company’s investment in and partnership with OpenAI, the creator of the hot ChatGPT chatbot. But Microsoft MSFT...