My father was born in 1936 in Brooklyn. He attended Erasmus High School, earned a degree in chemical engineering from Brooklyn Polytechnic High School and then went on to study dentistry at New York ...
Tag: Retail/Wholesale
Costco’s Latest Earnings Show Why the Stock Is a Winner
Text size Costco’s membership renewal rate for the U.S. and Canada stood at 92.3% last quarter. David Pail Morris/Bloomberg Costco Wholesale takes care of its more than 64 million members. The s...
GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week
Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and...
Companies Are Rebuilding Their Inventories. What That Means for Profits.
Text size Target’s inventory rose 43.1% and sales grew 4% in the most recent quarter. Joe Raedle/Getty Images After months of being empty, shelves are finally being restocked. That makes shoppers happ...
Stock Market Rises as S&P 500, Nasdaq Add More Than 6% This Week
The S&P 500 raced higher Friday, notching its best week of the year and snapping a punishing losing streak that had almost ended its bull market. A slew of earnings results and economic data has b...
In a ‘baby with the bathwater’ market, here are a dozen unfairly punished stocks, ripe for a bounce
Another equity selloff is brewing as a warning from Snapchat’s parent has triggered broader panic, with fears Snap is the next canary in the coal mine for tech. Or it just may be another excuse to sel...
Nvidia, Macy’s, Zoom, Costco, Snowflake, and Other Stocks to Watch This Week
Text size Uncredited First-quarter earnings season winds down this week, but with more than a dozen S&P 500 companies left to report. Economists will be watching the latest Federal Reserve meeting...
This Half-Built Ohio Factory Shows How Peloton Mismanaged the Pandemic
In a northwest Ohio industrial park, up the highway from a new Amazon.com Inc. warehouse and a soon-to-open solar-panel plant, Peloton Interactive is building a million-square-foot factory that it wil...
Nvidia, Macy’s, Zoom, Costco, Snowflake, and Other Stocks for Investors to Watch This Week
Text size Uncredited First-quarter earnings season winds down this week, but with more than a dozen S&P 500 companies left to report. Economists will be watching the latest Federal Reserve meeting...
15 Ways Consumers Can Deal With—and Even Benefit From—Rising Inflation
We are feeling the squeeze everywhere—from the groceries we buy to the gas we pump into cars. Inflation stood at 8.3% in April, remaining close to a four-decade high of 8.5% reached in March from the ...
‘The capitulation model for biotech is a Category 5 storm, the same as energy in 2020’ — why contrarians say the sector is a buy
If you want to know how much investors hate the biotech sector right now, consider this simple statistic: More than 25% of small biotech companies have stock-market capitalizations that are smaller th...
Stocks Are Ready for a Bounce Higher After S&P 500 Closes Above Bear Market
Text size Dreamstime The stock market came awfully close to finishing Friday in a bear market, at least 20% off its peak in early January. Many investors would like to see it get there so Wall Street ...
After Big Pullback, It’s Time to Shop for Walmart Stock
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
The technician who called the 2020 market bottom says a ‘shocking rally’ is in store
It’s been a terrible week in an awful year for the stock market. Walmart WMT, -0.82%, Target TGT, -0.62%, and Tencent 700, +3.53% each reported disappointing results to add fuel to the worries about i...
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...
Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.
Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ug...
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...
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...
Next big shoe to drop in financial markets: Inflation that fails to respond to Fed rate hikes
Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood ...
Amazon Stock Plunges in Wake of Target, Walmart Debacles. This Is Why.
Text size Things may be worsening at a rapid pace for Amazon. Cindy Ord/Getty Images Amazon . com shareholders just got another reality check from Walmart and Target . The surprising inability of two ...
Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally turned a corner. Here’s why.
The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, accordin...