retail

These stocks soared up to 12% after inflation cooled

These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related …

These stocks soared up to 12% after inflation cooled Read More »

Bed Bath & Beyond stock set to snap longest win streak in 15 years after Baird analyst suggests it's time to sell

Bed Bath & Beyond stock set to snap longest win streak in 15 years after Baird analyst suggests it’s time to sell

Shares of Bed Bath & Beyond Inc. tumbled Tuesday, putting them in danger of their first decline in two weeks, after Baird analyst Justin Kleber suggested investors sell, saying the latest “meme stock frenzy” comes despite continued liquidity concerns. Baird’s Kleber turned bearish on the home goods retailer after its stock BBBY, -14.20% soared 39.8% …

Bed Bath & Beyond stock set to snap longest win streak in 15 years after Baird analyst suggests it’s time to sell Read More »

Carvana Cuts Costs as Demand for Used Autos Remains Under Pressure

Carvana Cuts Costs as Demand for Used Autos Remains Under Pressure

Online used-car dealer Carvana Co. said it is aggressively cutting costs as demand from consumers remains under pressure and the company faces the prospect of an economic downturn. Carvana—an early pandemic star that has struggled during the recovery—pledged in April to rein in expenses after it reported its first-ever quarterly-sales decline and said it would …

Carvana Cuts Costs as Demand for Used Autos Remains Under Pressure Read More »

AMC Losses Narrow, Theater Chain Rewards Retail Investors With ‘Ape’ Dividend

AMC Losses Narrow, Theater Chain Rewards Retail Investors With ‘Ape’ Dividend

AMC Theatres is rewarding the retail investors who rallied to support the exhibition giant when it was laboring under debt and COVID closures, lifting its share price at a critical juncture. On Thursday, the company announced that it will give a special dividend to investors of one AMC preferred equity unit for each of AMC …

AMC Losses Narrow, Theater Chain Rewards Retail Investors With ‘Ape’ Dividend Read More »

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks to Watch This Week

It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers’ index readings and jobs Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Moderna . Thursday will …

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks to Watch This Week Read More »

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week

It’s the peak stretch of second-quarter earnings season, with roughly 150 S&P 500 firms scheduled to report this week. The highlights on the economic calendar will be a pair of purchasing managers’ index readings and jobs Friday. Wednesday’s earnings highlights will be Booking Holdings , CVS Health , eBay , and Moderna . Thursday will …

AMD, PayPal, Starbucks, Uber, Paramount, and Other Stocks for Investors to Watch This Week Read More »

Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain

Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain

After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they grapple with inflation, looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because their size shows their strength. During the last week, all of Big …

Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain Read More »

Amazon stock jumps 12% as sales beat and AWS growth overcome a second straight quarterly loss

Amazon stock jumps 12% as sales beat and AWS growth overcome a second straight quarterly loss

Amazon.com Inc. decided to cut back after years of pouring money into growth, and the result was a second consecutive quarterly loss, but a beat on sales and continued strong growth from Amazon Web Services helped push the stock higher in after-hours trading Thursday. Amazon AMZN, +1.08% reported a second-quarter loss of $2 billion, or …

Amazon stock jumps 12% as sales beat and AWS growth overcome a second straight quarterly loss Read More »

Amazon stock jumps 12% as sales beat and AWS growth overcome a second straight quarterly loss

Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss

Amazon.com Inc. decided to cut back after years of pouring money into growth, and the result was a second consecutive quarterly loss, but a beat on sales and continued strong growth from Amazon Web Services helped push the stock higher in after-hours trading Thursday. Amazon AMZN, +1.08% reported a second-quarter loss of $2 billion, or …

Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss Read More »

Visa tops earnings expectations as CFO sees 'no evidence of a pullback' in spending

Visa tops earnings expectations as CFO sees ‘no evidence of a pullback’ in spending

Visa Inc. topped expectations with its latest results Tuesday and gave an upbeat signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid increasing unease about the state of the consumer given factors like rising inflation and higher interest rates, Visa V, -0.83% joined fellow card company American Express Co. …

Visa tops earnings expectations as CFO sees ‘no evidence of a pullback’ in spending Read More »