GameStop (GME) Q2 2022 results

SAN RAFAEL, CALIFORNIA – DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will release its third quarter results today after the closing bell. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images GameStop said Wednesday that quarterly sales fell … Read more

GameStop (GME) Q2 2022 results

SAN RAFAEL, CALIFORNIA – DECEMBER 08: Customers enter a GameStop store on December 08, 2021 in San Rafael, California. Video game retailer GameStop will release its third quarter results today after the closing bell. (Photo by Justin Sullivan/Getty Images) Justin Sullivan | Getty Images News | Getty Images GameStop said Wednesday that quarterly sales fell … Read more

Lululemon (LULU) Q2 2022 Results

Pedestrians walk past a Lululemon store. Scott Mill | CNBC Lululemon Athletica Inc. On Thursday, quarterly earnings and revenue beat analysts’ expectations as shoppers stocked up on workout gear even as soaring prices hurt apparel sales at other retailers. The company also raised its outlook for the year. Shares were up about 9% in after-hours … Read more

The jobs report should be hot and that could lead to an aggressive Fed

People enter a store along a busy Manhattan shopping street on December 10, 2021 in New York City. Spencer Platt | Getty Images Job growth in August likely slowed from July’s blistering pace, but is still expected to have been quite strong, with widespread hiring across many sectors. Monthly jobs data is always important, but … Read more

Hormel Foods, Campbell Soup, Ciena and others

Check out the companies making headlines before the bell: Hormel Foods (HRL) – Hormel fell 4.2% in pre-market after posting a mixed batch of quarterly results and guidance. The food producer’s quarterly revenue beat forecasts, but profits were slightly lower. Similar to its outlook for the full year, Hormel expects rising operating costs to persist. … Read more

Q2 2023 results from Best Buy (BBY)

Televisions are on sale at a Best Buy store in New York. andrew kelly | Reuters best buy Sales fell about 13% in the fiscal second quarter on Tuesday as the retailer felt a pullback from inflation-weary shoppers. The company confirmed its guidance for the full year. The company had lowered its forecast at the … Read more

Gap (GPS) Reports Second Quarter Fiscal 2022 Results

An employee hands a shopping bag to a customer at an Old Navy store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap inc. Thursday withdrew its financial outlook for the year after posting a net loss in the fiscal second quarter and its Old Navy chain continued to struggle with the … Read more

Gap (GPS) Reports Second Quarter Fiscal 2022 Results

An employee hands a shopping bag to a customer at an Old Navy store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap inc. Thursday withdrew its financial outlook for the year after posting a net loss in the fiscal second quarter and its Old Navy chain continued to struggle with the … Read more

Heroism fueled or not, the S&P 500 level is destined for another test of lows. These are the levels to watch, says this strategist

In the words of the great Bonnie Tyler: “It has to be safe, and it has to be soon, and it has to be larger than life.” The hero this market is waiting for is Fed Chairman Jerome Powell and he speaks on Friday, so it’s soon. Whether he is sure remains the question. “The … Read more

Nvidia’s sales forecast is about $1 billion lower than expected, shares fall

On Wednesday evening, executives at Nvidia Corp. forecast a further drop in revenue in the current quarter, after confirming an earlier warning by showing a sharp reduction in profits, while the chipmaker assured analysts that it was working on its inventory. For the third fiscal year or current quarter, Nvidia NVDA, +0.24% forecast revenue of … Read more