font size Walmart has gained market share in the grocery segment in the past year. Scott Olson/Getty Images Walmart Exceeding earnings expectations and raising fiscal year guidance. The stock rose slightly in pre-market trading. Wal-Mart Inc. (Stock ticker: WMT) reported adjusted earnings of $1.84 per share on revenue of $161.6 [...]
font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they [...]
font size Cisco CEO Chuck Robbins. Pau Parina/AFP/Getty Images Cisco Shares rose in late trading on Wednesday, after the networking giant showed signs of improvement in orders for its products. Cisco’s forecasts for the 2024 fiscal year were lower than Wall Street’s estimates, but the results of the company’s fourth [...]
font size Parent company TJ Maxx has raised its guidance for the fiscal year. Chip Somodevilla / Getty Images Cos TJX. It posted better-than-expected earnings and sales results and raised fiscal year guidance, sending the stock higher in pre-market trading Wednesday. Non-price retail sales in the second quarter were $12.8 [...]
font size Target lowered its full-year earnings guidance, citing recent sales trends. Justin Sullivan/Getty Images Goal It beat analyst expectations for second-quarter earnings, sending shares higher on Wednesday. Earnings were $1.80 per share, compared to expectations of $1.43. The shares were up 8% in pre-market trading. However, poor sales prompted [...]
font size Stock futures rose modestly on Wednesday. Dream time Stock futures pointed to a slight uptick at the start of Wall Street on Wednesday after stocks fell after retail sales data sent bond yields higher. The Federal Reserve will release the minutes of the central bank’s meeting on July [...]
font size Johnson & Johnson took consumer health company Kenvue public in May. Mark Ralston / Getty Images Johnson and Johnson ‘s $40 billion stock exchange offer Kinfu It is likely to generate strong interest from the healthcare company’s shareholders, resulting in participants being able to swap only a portion [...]
font size Home Depot reported second-quarter earnings that beat analyst estimates. Justin Sullivan/Getty Images Stock futures pointed lower on Tuesday as an increase in bond yields and growing concerns about the Chinese economy weighed on investor sentiment. Wall Street ended the previous session with gains, led by the best day [...]
font size Foxconn is known for assembling iPhones and is a major supplier to Apple. AFP via Getty Images Foxconn And which makes apple iPhones posted a decline in profits in the second quarter, but managed to beat expectations. Foxconn (Ticker: 2317.Taiwan), formally known as Hon Hai Precision Industry, said [...]
font size Ouster Lidar sensors at the company’s booth at the CES 2023 trade show in Las Vegas. David Baker/Getty Images The market for lidar, a key technology for self-driving cars, is maturing, making it possible for investors to start differentiating companies and their stocks. Thursday, Easter Holiday (bar: OUST) [...]
