Walmart Inc
Jim Cramer says the Fed should consider retail earnings over economic data for its inflation strategy
CNBC’s Jim Cramer on Wednesday said the Federal Reserve must pay attention to recent retail earnings reports to plan the rest of its battle against inflation. “I am begging the Fed to look at what’s happening at individual companies – big ones, not small ones – so that they’ll be a little less ruthless going […]
Read More
Analysts see one retailer winning this holiday and taking share as Target struggles
In the battle for the consumer, Walmart has emerged as a clear winner with Wall Street analysts. The big-box retailer’s sales for the fiscal third quarter rose by nearly 9% and its earnings per share came in at $1.50, compared with the $1.32 expected by analysts polled by Refinitiv. In comparison, Target reported an earnings […]
Read More
Target will report earnings before the bell — here’s what to expect
A sign outside of a Target department store on June 07, 2022 in Miami, Florida. Target announced that it expects profits will take a short-term hit, as it marks down unwanted items, cancels orders and takes aggressive steps to get rid of extra inventory. Joe Raedle | Getty Images Target on Wednesday will report its […]
Read More
Stocks making the biggest moves midday: Walmart, Taiwan Semiconductor, Netflix, Carnival and more
Bing Guan | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Walmart — Shares of retailer Walmart jumped more than 7% after reporting quarterly earnings that beat Wall Street’s expectations and raising its forward guidance. The company reported adjusted earnings per share of $1.50 on $152.81 billion in revenue, where […]
Read More
Shares creating the major moves in the premarket: Walmart, Vodafone, Getty Illustrations or photos and far more
Get a seem at some of the major movers in the premarket: Walmart (WMT) – Walmart shares surged 6.9% in the premarket right after the retailer described much better-than-expected quarterly gain and profits, and also noticed comparable retail store profits exceed estimates. Walmart also declared a $20 billion share repurchase application. associated investing information Dan […]
Read More
5 things to know before the stock market opens Tuesday
Lael Brainard, vice chair of the US Federal Reserve, listens to a question during an interview in Washington, DC, US, on Monday, Nov. 14, 2022. Andrew Harrer | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Fed speak in the spotlight Stocks fell […]
Read More
Walmart will report earnings before the bell — here’s what to expect
Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Tuesday will report its fiscal third-quarter earnings before the bell, as the retail giant caters to inflation-squeezed customers and gears up […]
Read More
5 things to know before the stock market opens Monday
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., November 11, 2022. Andrew Kelly | Reuters Here are the most important news items that investors need to start their trading day: 1. A little fall sunshine Stocks are coming off a strong week, thanks in […]
Read More
Retailers’ biggest holiday wish is to get rid of all that excess inventory
A clearance sale sign is seen at the Gap retail store on September 20, 2022 in Los Angeles, California. Allison Dinner | Getty Images As some of the nation’s largest retailers report quarterly earnings and revenue this week, Wall Street will pay close attention to another number, too — inventory levels. Walmart, Target, Gap, Kohl’s […]
Read More
Cramer’s week ahead: The market needs weak retail sales data to stay strong
The stock market’s current run could fizzle out if October retail sales data comes in hot next week, CNBC’s Jim Cramer warned on Friday. “If we see weak retail sales and learn that things are getting very promotional in the key apparel sector, well then the market can stay strong,” he said, adding: “The worse […]
Read More