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

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

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

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