Stocks

Shares of Foot Locker plunged after the retailer lowered its yearly forecast and suspended its quarterly dividend to conserve cash, citing "price-sensitive" consumers.

The stakes are high for chipmaker Nvidia when it reports quarterly results after the bell Wednesday. A lofty stock price, market cap and AI dominance leave little room for disappointment.

Shares of chipmaker Nvidia were up Monday after HSBC analysts lifted the chipmaker’s price target on an increasing sales forecast for fiscal 2024.

Another week of retail earnings is slated on Wall Street, along with fresh reports on existing and new U.S. home sales as well as the Fed's Jackson Hole Symposium.

Warren Buffett’s Berkshire Hathaway now owns roughly 5.7 million shares of D.R. Horton, the largest homebuilder in the U.S., despite headwinds threatening the industry including rising mortgage rates.

Hawaiian Electric is working to restore power to thousands of residents devastated by wildfires, as well as investor confidence with shares are near a 37-year low.

Walmart shoppers are doing just that, shopping across the board, which allowed the world's biggest retailer to raise its full-year outlook for profits and sales.

Intel Corp. scrapped a $5.4 billion deal to acquire contract chipmaker Tower Semiconductor after the merger agreement expired without China giving regulatory approval.

Target's second-quarter store sales and revenue fell amid the ongoing consumer backlash from the retailer’s Pride and transgender merchandise, the retail-chain company reported Wednesday.

Berkshire Hathaway is putting investment dollars into three homebuilding companies despite the industry’s sluggish recovery since the pandemic, according to filing with SEC.

Home Depot reported second quarter earnings slightly ahead of predictions on Tuesday, despite posting a drop in sales amid slowing demand for larger item purchases and building projects.

Hawaiian Electric is under scrutiny for not shutting off the power during a windstorm four days before racing wildfires swept through the Maui town of Lahaina.

AMC Entertainment CEO Adam Aron said a court decision to allow the company’s reverse 1-for-10 stock split was an "absolute imperative" in the wake of the COVID-19 pandemic.

Retailers Home Depot, Target and Walmart will headline the companies slated to report quarterly results this week. Mortgage applications data will also be released.

Coach parent Tapestry will acquire Capri Holdings for $8.5 billion in cash to create a U.S. fashion house that can compete with larger contemporaries in Europe.

PENN Entertainment shareholders celebrated after the entertainment company announced on Tuesday it would partner with Disney's ESPN to create a sports betting company.

Analysts at the Telsey Advisory Group downgraded Lowe’s and Home Depot stock amid a housing market that is weakened by falling home sales and mortgage increases.

UPS, fresh off a tough row with the Teamsters, cut its financial outlook for 2023 after tense labor negotiations impacted costs for the delivery giant, the company disclosed.

Despite admitting to a dip in smartphone demand during last week’s earnings call, Apple is now just weeks away from unveiling the iPhone 15.

Campbell Soup announced Monday it will buy Sovos Brands for $2.7 billion, or $23 per share. Sovos's portfolio includes Rao's pasta sauce and Michael Angelo's frozen meals.