Stocks

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.

Two key reports on inflation, the CPI and PPI, are due this week as are a host of quarterly earnings, including Disney, Tyson Foods, Beyond Meat, Rivian and UPS.

Alphabet significantly trimmed the number of Robinhood Markets shares it owns, bringing the total down to around 612,000. It represented a roughly 87.6% reduction.

In July, the unanimous decision by the Fed to raise interest rates put the key benchmark federal funds rate at a range of 5.25% to 5.5%, further restricting economic activity.

AMD has an opportunity to build AI solutions for customers in China and is working in that direction, company president and CEO Lisa Su said in a company earnings call on Tuesday.

Sales of Ford vehicles were 5.9% higher this July than last amid rising demand for hybrids and pickups, while electric vehicle sales fell 18%, the automaker said Wednesday.

Ford’s Rouge Electric Vehicle Center is up after a six-week break in production to expand and retool the plant for increased manufacturing capacity of the F-150 Lightning.