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

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

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

Opinion: Google and Microsoft revenue shows the bar has been lowered for Big Tech

Alphabet Inc. and Microsoft Corp. both reported results that fell short of Wall Street expectations on Tuesday, but not only did investors not cringe, they both saw their stocks rise after hours trading. Amid troubling economic signs, tech stocks have been battered so far this year, and fears of a slowdown among big tech names … Read more

Opinion: Google and Microsoft revenue shows the bar has been lowered for Big Tech

Alphabet Inc. and Microsoft Corp. both reported results that fell short of Wall Street expectations on Tuesday, but not only did investors not cringe, they both saw their stocks rise after hours trading. Amid troubling economic signs, tech stocks have been battered so far this year, and fears of a slowdown among big tech names … Read more

Visa beats profit expectations as CFO sees ‘no evidence of pullback’ in spending

Visa Inc. beat expectations with its latest results on Tuesday and sent an optimistic signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid growing concern about the state of the consumer given factors such as rising inflation and rising interest rates, Visa V, -0.83% joined another card company American … Read more

A 3-day tech revenue deluge begins. Here are the main issues to follow.

Text size Microsoft and a host of other tech giants are expected to report results this week. Jeenah Moon/Getty Images Over the next three days, investors will be bombarded with June quarter earnings reports from the industry’s biggest players. Tuesday, Microsoft (symbol: MSFT) and Alphabet (GOOGL) will communicate the results. Wednesday, Metaplatforms (META) will be … Read more

A 3-day tech revenue deluge begins. Here are the main issues to follow.

Text size Microsoft and a host of other tech giants are expected to report results this week. Jeenah Moon/Getty Images Over the next three days, investors will be bombarded with June quarter earnings reports from the industry’s biggest players. Tuesday, Microsoft (symbol: MSFT) and Alphabet (GOOGL) will communicate the results. Wednesday, Metaplatforms (META) will be … Read more