Check out the companies making headlines in midday trading: Walmart — The big-box retailer saw shares jump nearly 5% to hit a record after the retail giant topped fiscal third-quarter earnings and revenue expectations. The retailer also hiked its outlook again as it saw growth in e-commerce and improvements...
A trader wears a Trump hat as he works on the floor of the New York Stock Exchange during the opening bell on Nov. 6, 2024.Timothy A. Clary | Afp | Getty ImagesOn Nov. 5, the presidential election handed a decisive victory for President-elect Donald Trump. In the days...
Donald Trump’s win last week was a shot in the arm for Wall Street. One of the surging sectors was cryptocurrency, as Bitcoin (BTC) broke out and sustained the torrid run this week, hurdling past $90,000 mark on Wednesday. On Nov. 6 when the election was called, MARA Holdings Inc...
Check out the companies making headlines in premarket trading. Walmart – The retail giant gained about 4% after posting fiscal third-quarter results that surpassed Wall Street's estimates. Walmart also boosted its guidance as customers buy more than groceries. Lowe's — The home improvement retailer's shares fell 1.7%. Although the...
LOS ANGELES, CALIFORNIA - AUGUST 20: The exterior sign of a Lowe's home improvement store is seen on August 20, 2024 in Los Angeles, California. The company beat fiscal second-quarter earnings expectations, but missed on sales and cut its full-year outlook blaming inflation. (Photo by Eric Thayer/Getty Images)Eric...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve, the Commerce Department reported Thursday.Retail sales increased a seasonally adjusted 0.4% on the month, up from the unrevised 0.1% gain in August and better than the 0.3% Dow Jones...
Palo Alto, United States, October 17th, 2024, ChainwireAkord, a web3 platform for securing and managing data, also begins its migration to Walrus ProtocolMysten Labs, the web3 infrastructure company, today announced that following a successful Devnet, Walrus Protocol, a decentralized storage network, has launched its public Testnet. Walrus Protocol stores and...
Travelers Insurance offices in New York City.Adam Jeffery | CNBCTravelers Companies' third-quarter profit beat Wall Street expectations as higher underwriting gains and investment income more than offset steep catastrophe losses, sending shares of the insurer up nearly 7%.Individuals and businesses are spending more on insurance, allowing insurers to attract...
Check out the companies making headlines before the bell. Elevance Health – Shares plummeted more than 10% after the health insurer reported weaker-than-expected third-quarter earnings. In a statement , CEO Gail Boudreaux said the company remains "confident" amid "unprecedented challenges in the Medicaid business." Health care stocks Molina Healthcare...
An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022.I-Hwa Cheng | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by...
Check out the companies making headlines in extended trading: Discover Financial — Shares inched lower by 1%. The financial services company posted third-quarter results that surpassed expectations, with earnings of $3.69 per share on $4.45 billion of revenue. Analysts polled by LSEG were calling for earnings of $3.42 per...
Jim Cramer broke down each holding Wednesday during the October Monthly Meeting.
