'Markets are on fire' but could pull back this summer: Stifel CEO
Stifel Financial Chairman and CEO Ron Kruszewski on the markets and unemployment.
Jobs report, Bed Bath & Beyond earnings and Krispy Kreme IPO top week ahead
The jobs report for June will give investors a fresh look at the state of hiring in the U.S.
S&P books record as Fed's preferred inflation measure surges by most since 1992
The S&P 500 rallied to a record high Friday as investors grappled with the hottest annual reading of the Federal Reserve's preferred inflation measure in nearly 30 years.
Nike stock soars to record as US sales boom
Nike Inc. shares surged to a record high Friday as customers splurged on sneakers and sportswear as they looked to refresh their wardrobes coming out of the COVID-19 pandemic.
Walmart's new AI predicts grocery substitutes for shoppers
Big-box retailer Walmart is using artificial intelligence to aid customers and personal shoppers and better handle still-surging online demand for groceries amidst the COVID-19 pandemic.
Nike swishes to a record $12B in quarterly sales
Nike Inc. posted record quarterly sales, topping $12 billion for the first time in its history, on pent-up U.S. consumer demand for sneakers and sportswear this spring.
Carnival loses $2B as ships remained grounded
Carnival Corp. lost more than $2 billion in the second quarter as prolonged cruise suspensions caused by COVID-19 paralyzed its business.
Nasdaq climbs to second straight record, Dow, S&P little changed
U.S. equity markets ended mixed as investors continued to assess the Federal Reserve’s views on inflation.
First-time gun buyers driving sales
Jeff Regnier of Kee Firearms & Training discusses how new gun owners are driving sales ahead of President Biden delivering remarks on rising crime rates.
Inflation is temporary, put new stocks to work: Market expert
Commonwealth Financial Network CIO Brad McMillan discusses Federal Reserve Chairman Jerome Powell's statement that inflation is temporary and his outlook for the markets.
Amazon Prime Day, GameStop's Russell fate, Nike earnings top week ahead
Amazon Prime Day, Fed’s stress tests, and Nike, FedEx earnings dominate the week ahead for investors.
Traders ‘leaning on everything the Fed is saying right now’: Wealth adviser
Bubba Trading chief strategist Todd Horwitz, Payne Capital Management senior wealth adviser Courtney Dominguez and The Fitz-Gerald Group Principal Keith Fitz-Gerald on Reddit investors, the Federal Reserve and today’s markets.
TikTok owner ByteDance’s annual revenue jumps to $34.3 Billion
ByteDance Ltd., the owner of popular short-video app TikTok, told employees that its revenue last year more than doubled to $34.3 billion, underscoring why the Chinese technology giant is one of the world’s hottest startups.
Stocks tumble as Fed keeps policy on hold, raises inflation outlook
U.S. equity markets tumbled Wednesday after the Federal Reserve reiterated its belief that inflation is "transitory," but said that rate hikes will likely begin in 2023.
Cloud ramp up weighs on Oracle's profit view, shares fall
Oracle Corp on Tuesday forecast current-quarter profit below Wall Street estimates, as the business software maker ramps up investments in its cloud computing business to take on rivals including Microsoft and Amazon.com.
Much more bullish on economy than market: UBS portfolio manager
UBS managing director and senior portfolio manager Jason Katz on today’s markets, inflation and the Federal Reserve.
Federal Reserve decision, Biden-Putin meet and inflation data top week ahead
The Federal Reserve's decision on interest rates and inflation, as well as new housing and retail sales data lead the week ahead for investors.
S&P hits record high as Dow, Nasdaq close in on own peaks
The S&P 500 ticked to record highs Friday amid a sleepy summer trade as investors continued to look past a hotter-than-expected reading on inflation.
How to manage your money in market breakout
Thrasher Analytics founder Andrew Thrasher and Spotlight Asset Group chief investment officer Shana Sissel reflect on state of the markets.
GameStop unveils new CEO, CFO leading e-commerce transformation
Amazon veterans Matt Furlong and Mike Recupero have been tapped to help lead GameStop's e-commerce transformation, replacing outgoing CEO George Sherman and former chief financial officer Jim Bell.