Walmart, Alibaba, Cisco, Palo Alto, Plug Power, Intel, Sonos, and More Market Movers
Stocks were mixed on Thursday as Wall Street took a breather from a rally that has extended in November following soft U.S. inflation data. Walmart (WMT) reported third-quarter earnings that beat analysts’ estimates and raised fiscal-year guidance. But the stock fell 8.1%, after the outlook from the world’s largest retailer disappointed. U.S.-listed shares of Alibaba (BABA) […]
Peloton, Tesla, Intel, Winnebago, Dollar Tree, and More Stock Market Movers
Markets finished Wednesday in the red as investors digested hawkish commentary from Federal Reserve Chairman Jerome Powell before the House Financial Services Committee. Patterson (PDCO) reported earnings and revenue that beat Wall Street estimates. Shares of the supplier of veterinary and dental supplies jumped 15%. Dollar Tree (DLTR) rose 4.6% and was the leading gainer […]
Apple, Amazon, Atlassian, Fortinet, Booking, and More Market Movers
Apple (ticker: AAPL) reported fiscal third-quarter earnings that topped analysts’ expectations while revenue of $81.8 billion matched consensus but fell from nearly $83 billion a year earlier. Apple’s iPhone business recorded revenue of $39.7 billion, down from $40.7 billion a year earlier and below analysts’ forecasts. Chief Financial Officer Luca Maestri said he expects revenue […]
Kohl’s, Abercrombie, Urban Outfitters, Sarepta, Analog Devices, and More Market Movers
Kohl’s (ticker: KSS) traded 7.6% higher after the department store retailer reported surprise earnings in the fiscal first quarter. Abercrombie & Fitch (ANF) rose 31% after posting a surprise first-quarter profit and raising guidance. Urban Outfitters (URBN) gained 18% after the retailer reported better-than-expected earnings and sales for the fiscal first quarter. Advertisements – Scroll […]
Apple, Tesla, Palantir, Palo Alto, and More Stock Market Movers
US stocks closed lower on Monday S&P 500 I’ve enjoyed the best week since the end March. Tesla (TSLA) is up 1.7% to $217.61. The electric vehicle maker received a price target increase from $175 to $215 from analysts at Citi. Palantir Technologies (PLTR) was 5% increase on news of multi-year contract with US Special […]
Home Depot, Walmart, Nordson, DocuSign, AutoNation, and More Stock Market Movers
Stocks fell on Tuesday after disappointing forecasts from retail giants Home Depot and Walmart and fears the Federal Reserve could keep interest rates higher for longer. Home Depot (ticker: HD) reported earnings of $3.30 per share for the fourth quarter, beating analyst estimates by 2 cents. Revenue rose 0.3% to $35.8 billion in the quarter […]
Luminar, ZipRecruiter, Keysight, Palo Alto, and More Stock Market Movers
ZipRecruiter (ZIP) fell 23% after forecasting first-quarter revenue of $176 million to $182 million, down about 21% year over year at the midpoint and below expectations Analysts of $206.8 million. The company said that in the first few weeks of the year, employers “softened their hiring plans and cut recruiting budgets in response to an […]