Stocks making the biggest moves after hours: Walmart, Target, Whirlpool and more

Stocks making the biggest moves after hours: Walmart, Target, Whirlpool and more


People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas.

Rick Wilking | Reuters

Check out the companies making headlines after hours.

Walmart — Shares dropped more than 8% in extended trading Monday after the retailer lowered its quarterly and full-year profit forecast, citing sharply rising food inflation that is hurting consumer spending on general merchandise.

Other major retailers slid on the back of Walmart’s announcement, with Target declining 5% and Amazon down 4%. Macy’s and Dollar General fell each fell 3%, while Costco shed 2%.

Whirlpool — Shares rose 2% after the home appliance company beat on profit estimates in its most recent quarter. Whirlpool reported earnings of $5.97 per share, beating consensus estimates of $5.24 per share, according to Refinitiv.

NXP Semiconductors — Shares of NXP Semiconductors declined nearly 2% after the company reported second-quarter earnings. The chip company reported revenue of $3.31 billion, outpacing the $3.27 billion expected by analysts surveyed by Refinitiv.



Source

Stocks making the biggest moves after hours: Hewlett Packard Enterprise, CrowdStrike, Guidewire Software and more
Finance

Stocks making the biggest moves after hours: Hewlett Packard Enterprise, CrowdStrike, Guidewire Software and more

Check out the companies making headlines after hours. Hewlett Packard Enterprise — Shares rose 3%, after the information technology company beat analysts’ expectations on the top and bottom lines. Hewlett Packard Enterprise reported second-quarter adjusted earnings of 38 cents per share on revenue of $7.63 billion. Analysts polled by LSEG had expected earnings of 32 […]

Read More
Citigroup lifts banking curbs on gun makers and sellers
Finance

Citigroup lifts banking curbs on gun makers and sellers

In this article C Follow your favorite stocksCREATE FREE ACCOUNT Signage at a Citibank branch in New York, US, on Sunday, Jan. 12, 2025. Michael Nagle | Bloomberg | Getty Images Citigroup on Tuesday ended a seven-year-old policy restricting how it provides banking services to firearm manufacturers, sellers and resellers. The bank launched the policy in […]

Read More
Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Finance

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy

Key Points Federal Reserve Governor Lisa Cook raised some concerns regarding the progress on inflation, saying recent lower readings could reverse after tariffs work their way through the economy. President Donald Trump’s trade policy could take a toll on the labor market, she said, even though she suspects the economy is in relatively good shape […]

Read More