Remainder of year could be 'really positive' for markets: Jimmy Lee
Wealth Consulting Group CEO Jimmy Lee and Michael Lee Strategy founder, Michael Lee discuss their economic outlooks and the commercial real estate meltdown concerns.
Walgreens slashes profit outlook as demand for COVID shots, tests wanes
Walgreens slashed its annual earnings guidance as it continues to face waning demand for COVID vaccines and testing, which is cutting into its profits.
Why should investors stay upbeat?
Peapack Private Wealth Management Managing Principal David Dietze breaks down investing in the stock market on 'Making Money with Charles Payne.'
FedEx shares fall on quarterly revenue miss
FedEx shares fell after the package delivery company's latest quarterly results showed that revenue dropped for a third straight quarter.
Apple conference, OPEC’s oil cut, Nasdaq at 2023 high in week ahead
This week: Apple to unveil new VR headset; Lexus, Porsche and Honda to all unveil new cars; Activision to reveal new game; Janet Yellen to testify before Congress.
UBS may delay results after Credit Suisse rescue: report
UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved in the takeover of Credit Suisse.
Lululemon Athletica boosts outlook sending shares higher
Lululemon shares jumped after the activewear company raised its sales and profit forecasts on strong demand for comfortable athletic clothing.
Salesforce shares fall despite better-than-expected earnings
Salesforce reported profit and revenue that topped Wall Street estimates, while the company forecasts the current quarter revenue will top expectations.
Debt ceiling vote, Nvidia’s new AI chips, jobs report top week ahead
Debt ceiling vote, jobs and housing data and Elizabeth Holmes expected to report to jail to serve her 11-year sentence for fraud.
Gap shares jump on surprise quarterly profit
Gap Inc. gave investors unexpected good news posting a surprise quarterly profit on Thursday. Gap's recent restructuring efforts and lower supply chain costs led to a jump in profits.
Dollar Tree may be raising prices due to crime as profits fall
Dollar Tree Inc. may up its prices in some areas due to theft, the discount retailer's CFO said Thursday. It adjusted its fiscal 2023 outlook for diluted EPS partly due to theft.
JPMorgan investor day, debt talks, Costco, Nvidia earnings top week ahead
Investors to keep tabs on debt ceiling talks, which are expected to restart Monday, as busy week looms for earnings, with Costco, Nvidia, Dick's Sporting Goods, AutoZone set to report.
Success of Yellowstone, Boot Barn is 'hidden in plain sight': CEO Jim Conroy
Boot Barn President and CEO Jim Conroy discusses the 'giant consumer market' for Western-style apparel on 'The Claman Countdown.'
Walmart raises outlook after boost in grocery, e-commerce sales
Walmart raised its outlook for the year after seeing a boost in its grocery and e-commerce business. CEO Doug McMillon said consumer spending remains resilient.
Is it time to stop the comparison between Walmart and Target?
Telsey Advisory Group CEO Dana Telsey and Tigress Financial Partners CIO Ivan Feinseth discuss whether inflation is finally forcing consumers to pull back on spending on 'The Claman Countdown.'
Stuart Varney points to Bible over 'organized shoplifting': 'Thou shall not steal'
'Varney & Co.' host Stuart Varney addresses the 'smash-and-grab' robbery epidemic that's causing a rash of closings, greatly affecting poor people who are left without grocery stores and pharmacies.
Home Depot DIY customers and pro shoppers more cautious
Home Depot's revenue missed expectations Tuesday. However, the home improvement retailer noted that fiscal 2023 was going to be a year of moderation after years of unprecedented growth.
Buffett buys stake in Capital One, sells other banks
Warren Buffett’s Berkshire Hathaway bought 9.9 million shares valued at $954 million in Capital One Financial Corp, while shedding holdings in other banks.
Microsoft's $69B purchase of Activision cleared by EU regulators
European Union regulators approved Microsoft’s $69 billion all-cash purchase of video game maker Activision Blizzard. The deal still faces pressure from regulators across the world.
Inflation has 'annihilated' the consumer: Jeff Sica
Circle Squared Alternative Investments founder Jeff Sica explains why he is looking at Walmart and Target earnings as an indicator for consumer health on 'Varney & Co.'