Why Are Walmart Stocks Rising? The retailer exceeds its estimates and increases its forecast.

Text size Walmart posted second-quarter adjusted earnings of $1.77 per share. Justin Sullivan/Getty Images walmart it is sales rose and earnings beat estimates in the second quarter, pushing shares of the retail giant higher. Tuesday, walmart (ticker: WMT) posted adjusted earnings of $1.77 per share, beating analyst estimates of $1.63, according to FactSet. Sales of … Read more

Dow opens higher as Walmart and Home Depot beat forecasts

Text size US housing starts in July fell more than expected and to the lowest level since the start of 2021. (Spencer Platt/Getty Images) Shares were mixed at the open on Tuesday after earnings from walmart and Home deposit beat Wall Street forecasts, but a decline in housing starts provided further evidence of a slowing … Read more

US stocks recover from lower open even as China raises concerns over global growth

US stocks rebounded on Monday afternoon as investors looked past soft data from China that led to a lower open for all three major indexes. How Stocks Trade The Dow Jones Industrial Average DJIA, +0.48% rose 135 points, or 0.4%, to 33,896. The S&P 500 SPX, +0.28% rose 12 points, or 0.3%, to 4,292. The … Read more

Why stock market bulls are encouraging the S&P 500 to close above 4,231

The S&P 500 index ended Friday above a chart level that provided a dose of encouragement to stock market bulls arguing that the bottom of the US bear market has been reached, although technical analysts warned that this may not have been a signal to go all-in on stocks. . The S&P 500 SPX, +1.73% … Read more

Why stock market bulls are encouraging the S&P 500 to close above 4,231

The S&P 500 index ended Friday above a chart level that provided a dose of encouragement to stock market bulls arguing that the bottom of the US bear market has been reached, although technical analysts warned that this may not have been a signal to go all-in on stocks. . The S&P 500 SPX, +1.73% … Read more

Amazon stock jumps 14% as sales batter and AWS growth overcomes second straight quarterly loss

Amazon.com Inc. decided to cut spending after years of pumping money into growth, and the result was a second straight quarterly loss, but slowing sales and continued strong growth for Amazon Web Services. helped push the stock higher after hours trading. Thursday. Amazon AMZN, +1.08% reported a second-quarter loss of $2 billion, or 20 cents … Read more

Stock market’s post-Fed rebound is a ‘trap’, Morgan Stanley’s Mike Wilson warns

““In the end, it will be a trap.”” — Mike Wilson, Chief US Equity Strategist and CIO, Morgan Stanley Morgan Stanley’s Mike Wilson, who correctly called the stock market slump in 2022, isn’t convinced the lows are being reached after major U.S. indexes posted a big gain following the Federal Reserve’s decision Wednesday to raise … Read more

Was the Fed’s Powell dovish or not? 4 key points from Wednesday’s press conference

Investors reacted as if Fed Chairman Jerome Powell’s Wednesday press conference was dovish, but many economists believe it was on the hawkish side of the street. Here are some of the key takeaways from Powell’s hour-long discussion with reporters about the state of the economy and central bank policy: Lily: Fed raises rates to tackle … Read more

Opinion: Is Mark Zuckerberg taking the first step towards transforming Facebook into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the one place everyone on the internet seemed to touch at least once per online session. However, after an ignominious slide, Yahoo is just another site that has fans in parts of Asia and offers niche products. Did Mark Zuckerberg start Facebook down a similar … Read more

Boeing reported another big loss. 737 MAX Concerns hit the stock.

Text size Boeing delivered 121 commercial aircraft in the second quarter of 2022, compared to 95 aircraft delivered in the first quarter. Justin Tallis/AFP via Getty Images from Boeing quarterly earnings were messy, again. And on the company’s earnings conference call, more bad news related to the 737 MAX led the stock to pare all … Read more