Jobs report, inflation data, Best Buy earnings, US Open top week ahead
It's a big week for jobs and housing data as well as more retail earnings as investors wind down the final days of August leading into the Labor Day holiday weekend.
Elon Musk's Tesla Cybertruck: 5 fast facts
Tesla CEO Elon Musk took his Cybertruck production candidate for a spin at the company's gigafactory in Texas this week as the automaker gets ready to take on rivals GM and Ford.
Mortgage lender Better has bad IPO before rebound
Mortgage lender Better Home & Finance Holding is hoping to move past its bad IPO, which debuted as the 30-year fixed mortgage rate hit the highest since 2001.
US SEC votes on overhaul for $20T private fund industry
The SEC's five-member panel will vote on the changes, proposed last year, aimed at increasing transparency, fairness and accountability in the $20.4 trillion private funds industry.
Foot Locker shares sink as inflation curbs spending, cuts annual forecast
Shares of Foot Locker plunged after the retailer lowered its yearly forecast and suspended its quarterly dividend to conserve cash, citing "price-sensitive" consumers.
Nvidia: 5 things to watch
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.
Nvidia bulls pile in after HSBC raises price target
Shares of chipmaker Nvidia were up Monday after HSBC analysts lifted the chipmaker’s price target on an increasing sales forecast for fiscal 2024.
Lowe’s, Dick’s Sporting Goods earnings, Fed’s Jackson Hole Symposium, Fox GOP debate top week ahead
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 favorite homebuilder: D.R. Horton
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 investors hit by Maui wildfires
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 raises outlook as food, online sales boom
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 drops multibillion-dollar deal to buy Israeli chipmaker Tower Semiconductor
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 Pride merchandise leads to sales slump
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.
Warren Buffett investing money in three US homebuilding companies
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 customers go big on smaller projects
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 shares tumble as utility faces scrutiny amid deadly Maui wildfires
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 CEO explains stock divide after court ruling
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.
Home Depot, Target and Walmart earnings; retail sales, oil inventories in week ahead
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 owner Tapestry to buy Versace, Michael Kors parent Capri in deal worth $8.5B
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, Disney's ESPN $1.5B deal scores with investors
PENN Entertainment shareholders celebrated after the entertainment company announced on Tuesday it would partner with Disney's ESPN to create a sports betting company.



















