Albemarle Corp: “I suggest that you wait for it to come down a little, but I do like the situation very much.”
Nikola Corp: “I think that stock is lethal, frankly. … I don’t want to own it.”
Cramer’s lightning round: I don’t want to own Nikola
Business
Macy’s store revamp shows progress, but company expects sales to fall this year
Macy’s on Wednesday beat Wall Street’s quarterly sales and profit expectations as its namesake brand showed signs of progress, yet still gave a cautious outlook for the year ahead. For the fiscal year, the company – which includes its namesake chain, higher-end department store Bloomingdale’s and beauty retailer Bluemercury – said it expects sales of […]
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Business
Disney embarks on new chapter as Josh D’Amaro takes over as CEO
Larissa Manoela and Josh D’Amaro, Chairperson of Walt Disney Parks and Resorts, wave to the audience after Panel Disney Experiences during Day 2 of the D23 Brazil: A Disney Experience at Transamerica Expo Center on November 09, 2024 in Sao Paulo, Brazil. Ricardo Moreira | Getty Images Disney is turning the page on a new […]
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Business
Lululemon reports weak guidance as proxy battle, tariffs weigh on bottom line
Lululemon offered a weak 2026 outlook on Tuesday as tariffs, higher expenses and a dramatic proxy battle with its founder weigh on its bottom line. The athleisure company’s guidance for both the current quarter and the fiscal year came in lower than expected on the top and bottom lines. Lululemon is expecting first quarter sales […]
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