Nike sees year-over-year increase in revenue, drop in net income for third quarter
Nike’s results for the fiscal 2023 third quarter came out Tuesday afternoon and showed revenue rising and net income dipping compared to the same period last year.
Dollar General invests $100M in staffing, store enhancement
Discount retailer Dollar General is investing further into its staffing. However, its focus will be on 'investing in hours' according to CEO Jeff Owen,
KPMG's Diane Swonk: If Fed pauses, it will be a hawkish pause
KPMG chief economist Diane Swonk and Morgan Stanley SVP Jim Lacamp discuss whether the Silicon Valley Bank collapse changes the calculus of the Fed's interest rate path on 'The Claman Countdown.'
Silicon Valley Bank fallout, inflation data, FedEx earnings top week ahead
Consumer and producer inflation data will be closely watched in the coming week along with the ongoing fallout of Silicon Valley Bank as questions mount on how the financial institution collapsed so rapidly.
Housing fundamentals are 'very strong' despite sales slowdown: Mark Rayfield
Saint-Gobain North America CEO Mark Rayfield discusses whether housing is heading for recession on 'The Claman Countdown.'
Bitcoin slides on Silvergate fallout
The price of bitcoin is down on Thursday after another cryptocurrency exchange, Silvergate Capital, prepares to liquidate following a $1B quarterly loss and dip in digital asset demand.
Snacking frenzy pushing Campbell’s Goldfish to $1B brand
Campbell Soup Company delivers on quarterly earnings and beats Wall Street expectations on 2023 guidance despite ongoing inflation and threat of recession.
Stock market will crash in 60 days, best-selling author on Lehman collapse warns
Market risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder Larry McDonald advises on how to allocate your capital.
Adidas to slash dividend after Kanye West split
Adidas is slashing its dividend as the company deals with fallout from ending its partnership with Kanye West.
Apple investor day, Powell testimony, jobs report top week ahead
Retail earnings, jobs data, Disney CEO Bob Iger speaking and Apple's investor day lead a busy week ahead for investors.
Aswath Damodaran warns of 'dark side' to disruptive companies
New York University professor of finance Aswath Damodaran provides his outlook for stock valuations and discusses Ark CEO Cathie Wood's opinion of disruptive companies.
Costco answers whether it is raising membership fee: 'Question of when, not if'
Costco memberships are at an all time high and the company says it will raise its membership fees eventually, but did not announce immediate plans to do so on an earnings call Thursday.
FTX fallout hits Silvergate, bitcoin
Silvergate has delayed its annual report with the Securities and Exchange Commission after reporting a $1 billion loss for fourth quarter and is now concerned about ability to operate.
Dell shares slide on forecast miss, CFO to retire
Dell shares declined after the company forecast a profit and revenue forecast for the current quarter and full-year that disappointed.
Nordstrom leaving Canada, cutting 2,500 jobs
Nordstrom announced it is shutting down operations in Canada, closing 13 stores and cutting 2,500 jobs.
Costco announces mixed earnings report as slower sales of ‘big-ticket’ items offset by higher food sales
Costco unveiled a mixed earnings report on Thursday that mostly beat expectations. Costco's CFO Richard Galanti noted some softness in sales of big-ticket items like electronics.
Salesforce profit outlook buoys software maker against activist investors
Salesforce hopes that the improved profitability it has gained from layoffs, especially in its Mergers and Acquisitions group will ward off attacks by activist investors.
Inflation gives Kroger's private brands a boost
U.S. grocer Kroger reported upbeat earnings and an optimistic 2023 outlook on Thursday after raising prices due to inflation, surprising Wall Street analysts.
Beer drinkers cut back as Bud Brewer AB InBev raises prices
Anheuser-Busch InBev, the maker of Budweiser, Bud Light, Bud Seltzer, Michelob Ultra and Stella Artois, is struggling to maintain sales as inflation bites.
Macy’s earnings beat Wall Street on less promotion and 'strategic markdowns'
Macy’s beat Wall Street analysts’ predictions for sales and revenue over the fourth quarter and full year 2022.




















