Asian Stocks Up Thanks to U.S. Rally and Strong Earnings
By Gina Lee Investing.com – Asia Pacific stocks were up on Friday morning, taking cues from both a rebound in U.S. counterparts and the latest earnings suggesting that the U.S. economy...
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Dow Futures Rise 120 Pts; Nvidia Guidance Weighs on Tech Sector
By Peter Nurse Investing.com -- U.S. stocks are seen opening marginally higher Thursday, with the tech-heavy Nasdaq underperforming after a disappointing update from influential chipmaker...
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Here’s How the Fed Might Adopt Bostic’s Rate Pause in September
(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic has cracked open the door to discussing a September pause in the central bank’s aggressive rate hikes -- a move that...
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A Pullback in Discretionary Categories Pushes Citi to Downgrade Several Retail Stocks
By Senad Karaahmetovic Citi analyst Paul Lejuez made a series of rating changes in the firm’s research coverage of North America Apparel/Footwear/Textiles. The analyst says stars are now...
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Dow Futures Rise 330 Pts; Retail Sector Earnings to Continue
By Peter Nurse Investing.com -- U.S. stocks are seen opening higher Monday, with investors looking to start the new week on a brighter note, looking for bargains after a relentless...
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Top 5 Things to Watch in Markets in the Week Ahead
By Noreen Burke Investing.com -- With U.S. stocks on the threshold of a bear market investors will be looking to Wednesday’s Federal Reserve meeting minutes for more insights on the central...
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Stock Market Today: Dow Rebounds on Late-Day Rebound, but Weekly Streak Continues
By Yasin Ebrahim Investing.com -- The Dow eked out a gain Friday, as a wave of dip-buying activity late into the close helped stocks claw back losses, though that proved too little too late...
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S&P 500 Enters Bear Market as Intraday Rebound Runs Out of Steam
By Yasin Ebrahim Investing.com -- The S&P 500 dipped into bear-market territory Friday, after an earlier rebound ran out of steam as ongoing worries about an inflation-led dent to growth...
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Evercore ISI Explains What Fueled Retail Carnage This Week
By Senad Karaahmetovic Evercore ISI analyst Greg Melich said he and his colleagues were “swamped” with questions this week after Walmart (NYSE:WMT), Target (NYSE:TGT), Home Depot...
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Dow Futures Up 280 Pts; Chinese Cut, Palo Alto Earnings in Focus
By Peter Nurse Investing.com -- U.S. stocks are seen opening higher Friday, attempting to end a turbulent week on a positive note with monetary policy easing by China helping global...
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Stocks Fall on Weak Retail Earnings and Rising Jobless Claims
By Liz Moyer Investing.com -- Stocks continued their fall on Thursday after more disappointing retail earnings and data on unemployment as investors weighed the effects of inflation on the...
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Buy Pullback in Target Shares - Raymond James
By Senad Karaahmetovic Despite very weak results reported by Target (NYSE:TGT) yesterday, which forced shares to close 25% lower on the day, Raymond James analyst Bobby Griffin is...
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'Nowhere to Find', 'Bloodbath': BTIG's Krinsky Now More Convinced S&P 500 Will First Go to 3400-3500 Than 4200
BTIG’s Jonathan Krinsky believes that the S&P 500 is now closer to 3,400-3,500 than 4,200 after yesterday’s price action. The S&P 500 fell 4.04%, Nasdaq lost 4.73% while the Dow Jones closed...
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Dow Futures Down 320 Pts; Economic Slowdown Fears Weigh
By Peter Nurse Investing.com -- U.S. stocks are seen opening lower Thursday, continuing the previous session’s broad selloff as evidence of reduced consumer spending in the face of...
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Cathie Wood Says ‘Exploding’ Inventories May Augur Weaker Prices
(Bloomberg) -- Ark Investment Management’s Cathie Wood says “exploding” inventories at major retailers like Walmart (NYSE:WMT) Inc. and Target Corp. (NYSE:TGT) paired with declining US...
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U.S. shares lower at close of trade; Dow Jones Industrial Average down 3.57%
Investing.com – U.S. equities were lower at the close on Wednesday, as losses in the Consumer Services, Consumer Goods and Technology sectors propelled shares lower. At the close in NYSE,...
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Applied Materials, Kohl's, BJ's Wholesale Earnings: 3 Things to Watch
Investing.com -- Wall Street tumbled on Wednesday after a weak earnings report by the discount retailer Target sparked a broad selloff across market sectors. Investors are worried that...
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S&P 500 Slips as Rout in Target Triggers Selloff Storm; Dow Down 1,000
By Yasin Ebrahim Investing.com -- The S&P 500 slumped Wednesday, as big tech resumed its selloff and a rout in Target following weaker-than-expected quarterly results triggered a selloff...
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Midday Movers: Target, Lowe's, Doximity
By Sam Boughedda Investing.com -- It's a down day Wednesday with the Dow and S&P 500 slumping more than 2% and the Nasdaq tumbling over 3%. Here are your midday movers on Wednesday, May...
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U.S. Stocks Fall After Weak Target Earnings Drag Down Retailers
By Liz Moyer Investing.com -- U.S. stocks fell on Wednesday after a weak earnings report from Target weighed on the retail sector. At 10:40 AM ET, the Dow Jones Industrial Average fell...
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Retail Stocks Crushed as Target and Walmart Reports Showed 'Dramatic' Margin Pressure; TJX Up 10% on Stronger Margin Performance Than Peers
Retail stocks are getting battered today in response to “problematic” earnings reports released by Target (NYSE:TGT) today and Walmart (NYSE:WMT) yesterday. Both companies reported...
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Target Plummets Most Since 1987 as Inflation Saps Retail Margins
(Bloomberg) -- Target Corp. (NYSE:TGT) is on pace for its worst stock drop since 1987’s Black Monday crash after becoming the second big retailer in two days to trim its profit...
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Pre-Open Stock Movers 05/18: Target Plunges on Weak Results, Outlook; National CineMedia Gains on AMC Stake
Pre-Open Stock Movers: Target (NYSE:TGT) 25% LOWER; reported Q1 EPS of $2.19, $0.88 worse than the analyst estimate of $3.07. {{erl-8180||Revenue for the quarter came in at $24.83...
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Target Stock Collapses 24% on Disappointing Results, Analyst Downgrades to Hold
Shares of Target (NYSE:TGT) are down as much as 24% in premarket trading Wednesday after the retailer slashed its FY forecast for operating income margin and reported worse-than-expected...
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Target, Lowe's, Netflix Fall Premarket; TJX Rises
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, May 18th. Please refresh for updates. Target (NYSE:TGT) stock slumped 23% after the big-box...
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Target Plummets After Cutting its 2022 Margin Forecasts
By Geoffrey Smith Investing.com -- Target (NYSE:TGT) stock plummeted in premarket trading on Wednesday after the retailer followed rival Walmart (NYSE:WMT) in slashing its forecasts for...
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Target Misses Q1 EPS by 88c
Target (NYSE:TGT) reported Q1 EPS of $2.19, $0.88 worse than the analyst estimate of $3.07. Revenue for the quarter came in at $24.83 billion versus the consensus estimate of $24.47...
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Target Earnings miss, Revenue beats In Q1
Investing.com - Target (NYSE:TGT) reported on Wednesday first quarter {{erl-8180||earnings that missed analysts' forecasts and revenue that topped expectations. Target announced earnings...
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Dow Futures Tick Higher as Major Indices Rebound
By Oliver Gray Investing.com - U.S. stock futures moved modestly higher on Tuesday evening after major benchmark indices rebounded from recent losses during regular trade, however, traders...
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Cisco Earnings, Lowe's Outlook, Target Reports: 3 Things to Watch
By Liz Moyer Investing.com -- U.S. stocks roared back after a strong retail sales report and reassurances from Federal Reserve Chair Jerome Powell on the central bank's determination to tame...
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Pre-Open Stock Movers 05/17: Buffett's New Buys Gain, Home Depot Up on Earnings, Airlines Gain on Travel Demand; Walmart Sinks on Results (more...)
Pre-Open Stock Movers:Imperial (JO:IPLJ) Petroleum Inc. (Nasdaq: IMPP) 45% LOWER; announced today the pricing of an underwritten public offering of 72,727,272 units at a price of $0.55 per...
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Retail Sales, Walmart Earnings, Home Depot: 3 Things to Watch
By Liz Moyer Investing.com -- Stocks wobbled on Monday ahead of a key economic data report and amid worries about a looming recession despite the Federal Reserve's efforts to tame...
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Stock Market Today: Dow Ekes Out Gain as Energy Shines, but Tech Stutters
By Yasin Ebrahim Investing.com -- The Dow eked out a gain Monday as gains in energy offset a slump in consumer discretionary stocks just as concerns about a slowing economy heat up. The Dow...
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