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.'
Walmart, Home Depot earnings, Tesla annual meeting, debt ceiling crunch top week ahead
It's going to be another busy week for investors as regional banks continue to wobble, the debt ceiling looms and economic data flows. Corporations are also hosting annual meetings.
Disney shares slide as streaming subscribers drop
The Walt Disney Co.’s quarterly results release Wednesday included increased revenue and net profit boosted by its theme park business but weakness in the streaming service spooked investors.
Airbnb is in a unique position to benefit from AI: CEO Brian Chesky
Airbnb co-founder and CEO Brian Chesky discusses what's behind the travel slowdown and how the company can benefit from artificial intelligence on 'The Claman Countdown.'
Rivian beats revenue estimates on high-end EV sales
Rivian Automotive shares rose following better-than-expect quarterly results as the EV company stood by its production forecast of 50,000 cars
Warby Parker focused on cutting expenses instead of hiking prices: Dave Gilboa
Warby Parker co-CEOs Dave Gilboa and Neil Blumenthal discuss how the eyeglass retailer beat Q1 earnings expectations in a 'depressed demand environment' on 'The Claman Countdown.'
Warner Bros. Discovery projects profitability for its US streaming this year
Warner Bros. Discovery gave an update Friday on its U.S. streaming profitability timeline. CEO David Zaslav revealed the company now anticipates turning a profit in 2023.
April jobs report indicates economy is nowhere near recession: Ethan Harris
BofA Securities global research head Ethan Harris and The Fitz-Gerald Group principal Keith Fitz-Gerald discuss how the April jobs report could impact the Fed's inflation strategy on 'The Claman Countdown.'
Lyft shares tumble on disappointing outlook
Lyft reported a quarterly loss and revenue that came in better-than-expected, however the company's outlook fell short of analyst expectations.