Louis Navellier on 'disturbing' market trends: 'Something smells'
Navellier & Associates founder and CIO Louis Navellier reacts to Home Depot and Walmart earnings and provides his economic outlook for this year.
Walmart curbs losses despite company’s ‘cautious’ 2023 outlook
The worlds largest retailer, Walmart, lowered its economic outlook on concerns about margins as consumers shop for bargains in a high inflationary environment.
Home Depot warns of weak 2023 profit as rising prices hurt demand
Demand for home improvement tools such as paint and flooring is now cooling as consumers cut back spending, setting the company up for a challenging 2023.
Walmart sees weaker 2023 results, cautious on economic outlook
Walmart investors have been keenly eyeing the retailer's efforts to negotiate better prices from its suppliers and ward off competition from rivals such as Target Corp.
Wall Street awaits Walmart’s inflation update
Walmart earnings ahead of the opening bell on Wall Street Tuesday expected to be inflation barometer as company calculates consumer staple sales from quarter.
Walmart, eBay earnings, Fed minutes and Russia’s Ukraine invasion first anniversary top week ahead
The Federal Reserve Open Market's Committee will publish its minutes this week. SCOTUS will hear two major cases that could change the internet forever.
Investors risk missing next big market move by staying in bonds: Thomas Hayes
Great Hill Capital chairman Thomas Hayes and The Fitz-Gerald Group principal Keith Fitz-Gerald discuss the strength of the U.S. economy and whether Fed aggressiveness will stifle growth on 'The Claman Countdown.'
Deere earnings double and sales rise on higher production
The world’s largest seller of tractors and crop harvesters is now expecting higher earnings for the year after reporting a profit of $1.96 billion for the quarter ended Jan. 29.
Consumers 'don't realize' they are paying more than they should for stocks: Kathy Entwistle
Morgan Stanley Managing Director Kathy Entwistle and Strategic Wealth Partners CEO Mark Tepper discussed the January PPI release and the rise in home builder sentiment.
Recession 'looking less and less likely' says Cameron Dawson
Adviser Investments Portfolio Manager Adam Johnson and NewEdge Wealth Chief Investment Officer Cameron Dawson discuss market earnings, potential recession, the housing market and layoffs.
Gucci, Balenciaga struggle amid designer shakeup and ad controversy
Luxury label Balenciaga’s sales were hurt by an uproar over ads involving children and teddy bears — which were an ‘error of judgment,’ Kering’s chairman said.
Robolox shares surge as gamers above 17 years old play
Roblox Corp reported fourth quarter earnings that beat analysts' expectations on Wednesday, and shares for the online gaming platform are now up roughly 20%.
Ford halts production of electric pickup after ‘potential’ battery issue
The Ford Motor Company has announced the halt of production and delivery of its electric pickup truck, F-150 Lightning due to battery issues.
Markets seeing 'start of early earnings recession': Sarah Ponczek
UBS private wealth management financial adviser Sarah Ponczek and Verdence Capital Advisors CEO Leo Kelly react to stocks inching higher ahead of Tuesday's CPI report.
Market pricing is ‘misleading factor': Katerina Simonetti
Morgan Stanley Private Wealth Management Senior Vice President Katerina Simonetti discusses her outlook for the stock market and inflation.
Marathon earnings, CPI and Fed speeches top week ahead
An Apple artificial intelligence event as well as earnings from Biogen, Cisco Systems and Marriott Hotels set the stage for a busy week on Wall Street.
Market cannot go higher if earnings go down: Ben Levisohn
Ben Levisohn, Carleton English, and Jack Hough discuss the market's performance as earnings drop and interest rates rise, outlooks for Bed Bath & Beyond, Affirm, and Disney, and BP's scaling back of green ambitions.
Adidas warns of losses in aftermath of Yeezy fallout
Adidas is warning that the German sportswear company could be headed to a loss in 2023 if it can't sell its inventory of Yeezy shoes. The company cut ties with rapper Ye in October.
Disney proxy fight over for Iger, Nelson Peltz claims victory
Activist investor Nelson Peltz of the Trian Group has announced the of his proxy fight with the Walt Disney Co and CEO bob Iger after the entertainment company unveiled restructuring plan that included cost cuts and 7,000 layoffs.
Pepsi price hikes drive profits
PepsiCo reported big earnings on Thursday to beat analysts’ predictions after inflation forced price hikes in 2022 and helped increase fourth-quarter profit and revenue.