Target Corp
Walmart hits new highs and Target dives after earnings as rivals diverge even more
Target‘s stock tumbled to a 52-week low on Wednesday, a day after Walmart shares soared to an all-time high — as the rival retailers’ earnings reports again underscored how their performance has diverged. Target posted its biggest earnings miss in two years and cut its forecast. The company spoke about a “deceleration in discretionary demand” […]
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Stocks making the biggest moves midday: Target, Nvidia, AppLovin, Williams-Sonoma and more
Check out the companies making headlines in midday trading: Williams-Sonoma — The home goods retailer soared about 29% after beating expectations on both lines for the third quarter and raising full-year guidance. Williams-Sonoma earned $1.96 per share on $1.80 billion in revenue, while analysts surveyed by LSEG had anticipated just $1.78 in earnings per share […]
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Jim Cramer wants to buy this falling tech stock — and touts another reason to like Disney
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were in the red Wednesday, led to the downside by the Nasdaq Composite. The tech-heavy index was weighed down by Nvidia slipping 2% ahead of its earnings after […]
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Stocks making the biggest moves premarket: Target, Dolby Labs, Nio, Netflix and more
Check out the companies making headlines before the bell. Target – Shares plunged more than 17% after the Minneapolis-based retailer missed third-quarter earnings and revenue estimates and slashed its full-year guidance, just three months after raising that forecast. Target cited only a slight uptick in customer traffic and its CEO noted “lingering softness in discretionary […]
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Target will report earnings before the bell. Here’s what to expect
People are seen at the parking lot of a Target store in Selinsgrove. Paul Weaver | Lightrocket | Getty Images Target will report fiscal third-quarter earnings on Wednesday and offer the latest clues on how the holiday season is shaping up for retailers, as the company tries to woo deal-hunting shoppers. Here’s what the discounter […]
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Stock futures open little changed as traders await Nvidia earnings: Live updates
Traders work on the floor of the New York Stock Exchange during the opening bell on Nov. 13, 2024. Angela Weiss | AFP | Getty Images Stock futures were slightly higher on Sunday night as Wall Street awaits a major earnings week and monitors a seemingly fizzled out postelection rally. Futures tied to the Dow […]
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Wall Street looks for Nvidia to take the baton from election trades to keep rally alive in the week ahead
What exactly President-elect Donald Trump’s second term means for the stock market will be the question investors continue to grapple with in the week ahead. Nvidia earnings results will also be on deck as investors deal with stubbornly high interest rates as well. The postelection rally took a pause this week, with all three major averages […]
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Mattel pulls thousands of ‘Wicked’ dolls off shelves after printing adult web address on packaging
Still from the film “Wicked” Source: Universal Studios Thousands of Mattel’s “Wicked”-branded fashion dolls are flying off shelves, but not because of consumer demand. The toy company has been forced to pull its line of character dolls after a package misprint. Instead of listing the website for Universal’s “Wicked” movie, boxes featured a link to […]
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Painting the town pink and green: ‘Wicked’ takes over retail ahead of theatrical debut
Cynthia Erivo and Ariana Grande star as Elphaba and Glinda in Universal’s “Wicked.” Universal “Barbie” painted the town pink in 2023, and now “Wicked” is upping the ante by adding a splash of green. Universal‘s theatrical retelling of the famed Broadway musical is creating buzz ahead of its Nov. 22 release with hundreds of merchandise […]
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E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain
e.l.f Beauty power grip primer. Courtesy: e.l.f Beauty E.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Shares of the company rose nearly 20% in after-hours trading. The cosmetics retailer’s earnings came in well ahead of expectations on the top and bottom lines and it now expects sales to […]
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