Traders work on the floor of the New York Stock Exchange (NYSE), August 15, 2022. Brendan McDermid | Reuters Here are the most important information investors need to start their trading day: 1. Sweet morning for stocks US stock markets were headed for a lukewarm opening on Tuesday morning after all three major indexes rose … Read more
Earnings season is winding down, but there are still some big names to report. More than 90% of S&P 500 companies have already reported earnings, with 78% of those names posting earnings above expectations, according to Refinitiv. These results helped overall S&P 500 earnings rise 9.7% from the prior year period. In other words, it … Read more
Target has added new brands to its beauty department. In a growing number of stores, it also has Ulta Beauty mini-boutiques with prestige brands. Melissa Repko | CNBC As prices soar, some people have decided against buying a new outfit, delayed big purchases like TVs, or canceled netflix accounts. But for now, they’re still splurging … Read more
A screen displays the Fed’s rate announcement as a trader reacts on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 27, 2022. Brendan Mcdermid | Reuters Here are the most important information investors need to start their trading day: 1. Review of a summer Friday 2. Amazon: In fact, … Read more
A screen displays the Fed’s rate announcement as a trader reacts on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 27, 2022. Brendan Mcdermid | Reuters Here are the most important information investors need to start their trading day: 1. Review of a summer Friday 2. Amazon: In fact, … Read more
McDonald’s and Chipotle Mexican Grill say inflation-pressed customers are choosing cheaper menu items and visiting their restaurants less often, signaling trends that could affect the entire restaurant industry. The two companies were among the first restaurant chains to report their second quarter results. wing stop, Starbucks and owner of Taco Bell Yum Brands are all … Read more
McDonald’s and Chipotle Mexican Grill say inflation-pressed customers are choosing cheaper menu items and visiting their restaurants less often, signaling trends that could affect the entire restaurant industry. The two companies were among the first restaurant chains to report their second quarter results. wing stop, Starbucks and owner of Taco Bell Yum Brands are all … Read more
What I’m Watching July 26, 2022 Club holding Walmart (WMT) is screwing up apparel again, issuing a big profit warning after the closing bell on Monday. I have to ask if Walmart has it under control? Long a trusted name, is it time to ditch these guys? Who is the real culprit? Spending too much … Read more
Traders work on the floor of the New York Stock Exchange (NYSE), July 25, 2022. Brendan McDermid | Reuters Here are the most important information investors need to start their trading day: 1. Stock futures slip US stock markets were to decline Tuesday morning after walmart cut its earnings outlook on Monday (see more below), … Read more