Check out the companies making headlines after the bell : Nvidia — The chipmaker added about 4% after announcing a 10-for-1 stock split . Nvidia also surpassed Wall Street's fiscal first-quarter estimates on the top and bottom lines, and it issued strong guidance for the current quarter. Other stocks...
E.l.f Beauty products.Courtesy: e.l.f BeautyE.l.f. Beauty posted its first billion-dollar fiscal year on Wednesday as sales spiked 77%, but the retailer's shares fell as it said it expects its growth to slow.The eyes, lip, face company, known for its viral marketing and prowess in winning over younger consumers, issued...
ESPN college football broadcast camera on display prior to the All State Sugar Bowl playoff game between the Texas Longhorns and the Washington Huskies on Monday, January 1, 2024 at Caesars Superdome in New Orleans, LA.Nick Tre. Smith | Icon Sportswire | Getty ImagesIn a move to strengthen its...
Michael M. Santiago | Getty ImagesThe U.S. stock market has been swooning. But there are risks that threaten to put a lid on the euphoria.The three "primary" risks are Federal Reserve policy, a surprise recession and lower-than-expected results on companies' earnings, David Rosenberg, founder and president of economic consulting...
Longhua Liao | Moment | Getty ImagesSome investors may worry about market volatility ahead, given a contentious presidential race, lingering inflation, sinking consumer sentiment and uncertainty over Federal Reserve interest rate cuts.Financial analyst Tom Lee has a more optimistic outlook."Since Covid, companies went through a huge stress test, and...
Sarinyapinngam | Istock | Getty ImagesA dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money for nearly two weeks, according to recent court documents.Since last year, Synapse — an Andreessen Horowitz-backed startup that serves as a...
A "low price" sign hangs from a shelf at a Target store in Miami, Florida, on May 20, 2024.Joe Raedle | Getty ImagesTarget's weak quarterly earnings underscored why it cut prices on thousands of household staples: It's struggling to win over bargain hunters.The discounter is not alone.Target's first-quarter results...
People walk outside of the New York Stock Exchange on July 25, 2022 in New York City.Spencer Platt | Getty ImagesThe S&P 500 climbed to yet another record close on Tuesday.The index — which tracks the performance of around 500 of the largest U.S. company stocks — has jumped...
Sean De Burca | The Image Bank | Getty ImagesThere's a growing debate over how higher taxes on the wealthy affect interstate migration trends — and some experts say millionaire tax flight is underway."Taxes are an important part of this puzzle," said Jared Walczak, vice president of state projects...