Terri Burton wanted to do something special to mark her son’s high school graduation, so she bought him the car of his youthful dreams: a Volkswagen Golf GTI. But the purchase was the start of a night...
Tag: Sales Figures
Carnival Stock Surges as Second-Quarter Revenue Rises Sharply
Text size A large Carnival cruise ship docked at port in turquoise blue water. Dreamstine Shares of Carnival were rising Friday after the cruise line posted second-quarter revenue that rose sharply fr...
U.S. Stocks Poised to Open Lower on Monday Ahead of Fed Week
Stocks are poised to open lower on Monday. (Photo by Spencer Platt/Getty Images) Getty Images Text size U.S. stocks were poised for a lower opening on Monday ahead of the Federal Reserve’s decision on...
Federal Reserve Meeting, Oracle and Adobe Earnings, May Inflation Data, and More for Investors to Watch This Week
It will be a quiet week on the earnings calendar between earnings seasons. The most important event of the week for investors will be the conclusion of the Federal Reserve’s interest rate-setting comm...
Why the Stock Markets Are Falling So Hard
Text size Wall Street Bull Dreamstime This past week was another brutal one for the markets. Investors had plenty to worry about from the Fed to inflation and retail sales. The Dow Jones Industrial Av...
Softer Housing Sales Are Hammering Demand for Lumber
Inflation and rising mortgage costs are putting a dent in the housing market, which is hurting lumber demand. Frederic J. Brown/AFP/Getty Images Text size You can almost hear the sound of falling lumb...
What ChargePoint Earnings Say About the State of EV Charging in America
Text size ChargePoint Inc. had about 188,000 active charging ports at the end of the latest quarter. Dania Maxwell/Bloomberg The electric-vehicle charging-equipment company ChargePoint Holdings report...
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...
New home sales plunge as high prices and rising U.S. mortgage rates discourage buyers
The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to the lowest level since the pandemic owing to high prices and soaring mortgage rates. New sales slowed to a 59...
Nvidia’s data-center sales likely to eclipse gaming — that might not be a good thing
Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels ...
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...
Walmart Anticipates a Store Manager Shortage Despite $200,000-a-Year Pay
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Walmart Can’t Find Enough Store Managers, Even at $200,000 a Year
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EVgo Misses Estimates. The Beaten-Up Stock Rises Anyway.
Text size Jim Watson/AFP via Getty Images Electric-vehicle charging company EVgo reported first-quarter results that missed Wall Street expectations. Shares were rising anyway. They have been beaten u...
Unity Software Earnings Met Estimates. Why the Stock Is Cratering.
Text size Unity stock was dropping after its earnings release. Dreamstime Unity Software stock was tumbling after the videogame development platform’s earnings met analyst expectations but its sales a...
Novavax posts first quarterly profit, but misses expectations
Shares of Novavax Inc. dropped more than 6% in the extended session Monday after the biotech company reported its first profitable quarter, but not by as much as Wall Street expected, and its sales we...
BioNTech Earnings Top Forecasts on Strong Sales of Covid-19 Vaccine
Text size BioNTech is continuing to work with Pfizer on follow-on Covid-19 vaccines. (Photo by THOMAS LOHNES/AFP via Getty Images) BioNTech , the German biotech company, reported first-quarter earning...
Pessimism on chip stocks is hitting a new high, and the money seems to be flowing toward software
The outlook for the semiconductor sector is moving from bad to worse, and investors appear to be moving their money into the software sector as a result. Pessimism about the future of the chip sector ...