Dow edges up after Fed’s Beige Book, AMC soars 95%
The S&P 500 and Dow hovered just below all-time highs as investors took in the Federal Reserve's Beige Book.
Lands' End CEO on earnings: Target market expanding
Lands' End CEO Jerome Griffith discusses online retail and how the company will perform as the U.S. tries to get back to normal.
New cars impacted by chip shortage: Advance Auto Parts CEO
Advance Auto Parts CEO and President Tom Greco says the global chip shortage 'is going to elongate the time' that people get a new vehicle and will lead to more used car sales and an 'aging fleet,' which is 'very good' for his business.
Zoom shares rise as company raises earnings outlook ahead of hybrid workplace
Zoom is now forecasting total full-year revenue for fiscal 2022 between $3.975 billion and $3.990 billion, or 50% year-over-year growth, with adjusted earnings per share between $4.56 and $4.61 based on approximately 311 million shares outstanding.
Growing evidence US economic recovery 'broadening': Market expert
UBS Managing Director and Senior Portfolio Manager Jason Katz argues 2021 earnings could be 40 percent higher than the previous year.
Stocks mixed as June begins, oil nears $68 per barrel
U.S. equity markets ended little changed Tuesday as traders returned to work following the Memorial Day holiday.
Bitcoin, June jobs, Zoom earnings and Powell remarks top week ahead
The May jobs reports, Miami's Bitcoin conference, and Yellen's first overseas trip highlight the week ahead.
Can consumers keep carrying this economy?
Veritas Financial managing partner Greg Branch, Michael Lee of Michael Lee Strategy and Advisors Capital Management partner JoAnne Feeney provide insight into today’s markets, inflation fears, earnings, the Federal Reserve and cryptocurrencies.
Stocks rally despite inflation uptick, Biden’s $6T budget
U.S. equity markets flirted with record highs Friday as President Biden unveiled his $6 trillion budget proposal and investors sifted through economic data and earnings reports.
Costco sees shipping costs rise on fresh meats, imported cheeses
The Issaquah, Washington-based company reported quarterly double-digit net sales growth of 21.7% to $44.38B, up from $36.45B a year ago.
PCs are back as Dell, HP deliver strong sales for desktops and notebooks
A pandemic-fueled run on computers helped HP Inc. and Dell Technologies Inc. deliver strong financial results for the latest quarter despite a semiconductor shortage that is denting some industries.
Dow, S&P rise as Boeing, Caterpillar gain
U.S. stocks are close to reclaiming record highs as jobless claims hit a pre-pandemic low.
Stock futures trade cautiously ahead of GDP, jobless reports
U.S. equity futures were trading lower ahead of the release of major eocnomic data.
Cryptocurrency, videogaming power Nvidia to record earnings
Nvidia Corp. reported a record quarterly revenue and profit, propelled by demand for videogaming and cryptocurrency and despite a broad-based shortage of semiconductors.
Stocks notch gains as inflation fears fade, Ford jumps on EV strategy
U.S. equity markets posted modest gains Wednesday, putting the major averages within striking distance of their all-time highs as investors took in more earnings and Amazon's $8.45 billion Hollywood MGM deal.
Stock futures rise with retail earnings on tap
Investors will digest earnings from Dick's Sporting Goods and Nvidia.
Toll Brothers: Luxury home demand getting stronger
Toll Brothers Inc. reported higher second-quarter sales as demand for homes continued to outstrip supply.
Stocks slip as consumer confidence comes up short
U.S. equity markets slid Tuesday following a disappointing consumer confidence reading and mixed housing data.
AutoZone would hike prices to combat impact of $15 minimum wage
AutoZone says the federal government mandating a $15 per hour minimum wage would result in the company raising prices in order to offset the higher labor costs.
Which ‘pent-up demand stocks’ should investors focus on?
Kadina Group president Gary B. Smith, Key Advisors Group CEO Eddie Ghabour and Money Map Press chief strategist Shah Gilani discuss today’s markets and which stocks to keep an eye on in the reopening trade.