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How retail accounting could distort profitability as tariffs take effect
Business

How retail accounting could distort profitability as tariffs take effect

As more tariffs take effect on goods imported into the U.S., a specific accounting method could have major implications for how American retailers calculate the impact. A tariff adds to the cost of an imported item when it’s received and paid for when it crosses a border. While there’s debate over who pays that tariff — […]

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Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more
Finance

Stocks making the biggest moves midday: Block, SolarEdge, Cleveland-Cliffs, Verizon & more

Check out the companies making the biggest moves midday: Bruker — The lab instrument and tools maker shed 12% after the company issued weaker-than-expected guidance for the second quarter. The company expects to earn between 32 and 34 cents per share on revenue ranging from $795 million to $798 million. Analysts polled by FactSet expected […]

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Stocks making the biggest moves premarket: Block, Pinterest, Verizon and more
Finance

Stocks making the biggest moves premarket: Block, Pinterest, Verizon and more

Check out the companies making headlines before the bell. Block — The fintech stock surged 10% as it prepares to officially join the S & P 500 before the opening of trading on July 23. Block will replace Hess, which has been acquired by Chevron. Pinterest — Shares of the social media company jumped more […]

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Stocks making the biggest moves premarket: Circle, Five Below, Chewy, MongoDB, Lands End and more
Finance

Stocks making the biggest moves premarket: Circle, Five Below, Chewy, MongoDB, Lands End and more

Check out the companies making headlines in premarket trading. Circle Internet Group — The stablecoin issuer priced its upsized, $1 billion initial public offering at $31 a share, above an expected range of $27-$28 and an initial range last week of $24 to $26, giving Circle a total market value of some $7 billion. Five […]

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Stocks making the biggest moves midday: CrowdStrike, Tesla, Dollar Tree, Thor Industries and more
Finance

Stocks making the biggest moves midday: CrowdStrike, Tesla, Dollar Tree, Thor Industries and more

Check out the companies making headlines in midday trading: CrowdStrike — The cybersecurity stock was down nearly 7% after the company’s revenue forecast for the current quarter undershot analysts’ estimates. CrowdStrike said it expects revenue in the range between $1.14 billion and $1.15 billion, while analysts polled by LSEG were looking for $1.16 billion. Dollar […]

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Stocks making the biggest moves premarket: Dollar Tree, CrowdStrike, Wells Fargo, Constellation Energy and more
Finance

Stocks making the biggest moves premarket: Dollar Tree, CrowdStrike, Wells Fargo, Constellation Energy and more

Check out the companies making headlines in premarket trading. Dollar Tree — The budget retailer slid about 4% after saying earnings per share could decline by as much as 50% in the current quarter, partly due to cost pressures from tariffs. Analysts polled by FactSet expected per-share earnings to fall just 2%. Thor Industries — […]

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Stock futures are little changed after S&P 500 posts second day of gains: Live updates
World

Stock futures are little changed after S&P 500 posts second day of gains: Live updates

Traders work at the New York Stock Exchange on May 9, 2025. NYSE U.S. stock futures were little changed Tuesday night, after the S&P 500 notched a second straight day of gains. Dow Jones Industrial Average futures rose 5 points, or 0.01%. S&P 500 futures gained 0.01%, and Nasdaq 100 futures fell 0.02%. In extended […]

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Stocks making the biggest moves premarket: Nvidia, E.l.f. Beauty, HP, Burlington Stores and more
Finance

Stocks making the biggest moves premarket: Nvidia, E.l.f. Beauty, HP, Burlington Stores and more

Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer popped 6% after fiscal first-quarter adjusted earnings of 96 cents per share exceeded the 93 cents analysts polled by LSEG had expected. Nvidia’s revenue of $44.06 billion also beat forecasts of $43.31 billion. Other chip stocks rallied in sympathy. […]

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Dollar General is one of the best stock performers of Trump’s first 100 days
Business

Dollar General is one of the best stock performers of Trump’s first 100 days

The Dollar General in Snow Hill, Maryland on April 2, 2024. Deb Lindsey | The Washington Post | Getty Images Dollar General is among the best-performing stocks in the first 100 days of President Donald Trump’s second term. Since Trump’s Jan. 20 inauguration, shares of the discount retailer have soared more than 36% as of […]

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Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve them
Business

Proposed SNAP cuts could pressure low-income shoppers — and retailers that serve them

Shoppers at the Walmart Supercenter in Burbank in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images For millions of low-income Americans — already rattled by the threat of tariffs and higher prices — changes to a program that helps with grocery costs could make life more expensive. House […]

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