GameStop plunges, but Reddit followers tout stock once again as e-commerce sales surge
Adjusted net income for the quarter was $90.7 million, or $1.34 per share, compared to adjusted net income of $83.8 million, or $1.27 per share, a year ago.
One year after 2020 market lows, this rebound is ‘absolutely unprecedented’: Expert
Panel on markets over last 12 months
GameStop's judgment day is here
GameStop Corp. is set to deliver its first set of quarterly results since the Reddit-trading frenzy caused its stock price to soar.
Dow, S&P, Nasdaq inch back near record levels
U.S. equity markets rose Monday as tech stocks rallied.
GameStop's day of reckoning has arrived: Market expert
Circle Squared Alternative Investments' Jeff Sica on GameStop, Vizio
Dow falls 234 points but Nasdaq battles even with higher bond yields
U.S. equity markets finished mixed Friday as the Nasdaq rebounded while the Dow Jones Industrial Average and the S&P 500 lost ground.
Buying Europe 'has not worked,' invest in America: Market strategist
Brian Belski explains the surge in domestic markets
Ignore the selloff and ‘stick with’ Big Tech stocks: Expert
Panel on this week’s markets
Nike shows mixed results as layoffs news follows after earnings release
Nike reported net income of $1.4 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year ago.
Pandemic keeps delivering profits for FedEx
FedEx has been handling a surge in e-commerce orders during the Covid-19 pandemic as more people shop from home. Executives said Thursday they expected that trend to persist even as vaccines roll out.
Tech stocks slammed as bond yields surge to 14-month high
Stocks tumbled as bond yields continued to climb.
American Outdoor Brands boosted by rise in personal protection, outdoor lifestyle activities
Net sales for the third quarter were $82.6 million, an increase of $39.3 million, or 90.7%, compared to net sales of $43.3 million for the comparable quarter last year.
The Fed is very likely to 'remain friendly': Portfolio manager
Jason Katz on the Fed announcement today, what's driving markets
How long will it take for markets to react to Fed decision?
Panel on Fed decision
Irish whiskey brand celebrates St. Patrick's Day with social media challenge
Harvey Purchese discusses whiskey sales in the U.S. during the pandemic, social media challenge
Stay in stocks, but be prepared for 10% decline: Expert
Joe Duran says stay in stocks because of the COVID stimulus and reopening of the economy
Lands' End, Kohl's expand partnership for shoppers
Lands' End and Kohls are getting even cozier.
Blackstone, Starwood Capital team up in $6B purchase of hotel-operator Extended Stay
The lodging sector has been one of the hardest hit during the pandemic, which caused most tourism, conventions, and business travel to dry up.
Dow, S&P hits record as big tech retreats and bond yields surge
The Nasdaq was set to open sharply lower Friday morning as the 10-year yield neared its highest level of the year.
Costco membership fees poised to increase
Costco shoppers may soon be paying more for their warehouse memberships.