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November 27, 2021

Earnings

Covid developments to rule the market once again in the week ahead after Friday’s rout

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2021. Brendan McDermid | Reuters Uncertainty about a new emerging coronavirus strain could continue to spook markets, just as Friday’s employment......

The Federal Reserve is likely to become a tougher talking central bank, could end bond program sooner

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CNBC – For more and to sign up click here Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters Expect more tough talk from the Federal Reserve, as it considers winding down its bond......

Not since Americans came home from World War II has inflation run through the economy like it is now

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CNBC – For more and to sign up click here Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters Not since Americans came home from World War II has inflation percolated through......

HP shares jump after earnings beat, CEO says return to office driving PC demand

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CNBC – For more and to sign up click here Shares of HP were up more than 8% in extended trading Tuesday after the computer hardware maker reported better-than-expected quarterly results and strong guidance for the current quarter. Here’s how it did versus Refinitiv consensus expectations for the quarter ending......

Gap shares crater 15% after retailer sees millions in lost sales from delayed product shipments, cuts its forecast

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CNBC – For more and to sign up click here A Gap store in New York, August 2, 2020. Scott Mlyn | CNBC Gap Inc. shares tumbled Tuesday after the company slashed its full-year outlook, with fiscal third-quarter results falling short as Covid-related factory closures led to significant product delays......

Stocks making the biggest moves after hours: Nordstrom, Gap, VMware, HP and more

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CNBC – For more and to sign up click here Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Check out the companies making headlines after the bell: Nordstrom — Shares of the department store chain tumbled roughly......

Nordstrom shares tumble 18% as earnings fall short, hurt by higher labor costs, weak Nordstrom Rack sales

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CNBC – For more and to sign up click here A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday reported earnings that fell short of analysts’ expectations as labor costs ate into profits and sales and its Nordstrom......

Cramer’s Investing Club: A deeper dive into why we bought more of this retailer before the holidays

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CNBC – For more and to sign up click here A shopper wearing a protective mask walks past a sale sign at an American Eagle Outfitters Inc. clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty......

Zoom falls 12% as Wall Street slashes price targets on earnings

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CNBC – For more and to sign up click here Shares of Zoom dipped more than 12% on Tuesday after the video-chat company warned investors of a revenue growth slowdown, leading some firms to cut price targets on the stock. Zoom was one of the pandemic darlings, going from a......

Best Buy earnings top estimates but retailer’s stock tumbles amid weakening demand, shipping bottlenecks

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CNBC – For more and to sign up click here Customers wait outside of a Best Buy store in downtown Toronto, Ontario on November 23, 2020 to pick up their online orders. Geoff Robbins | AFP | Getty Images Best Buy‘s fiscal third-quarter earnings beat estimates on Tuesday, yet shares......

Dick’s Sporting Goods crushes earnings and raises full-year outlook

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CNBC – For more and to sign up click here Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Dick’s Sporting Goods on Tuesday reported fiscal third-quarter earnings and sales that outpaced......

Stocks making the biggest moves in the premarket: Best Buy, Zoom Video, Urban Outfitters and more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – The electronics retailer’s shares tumbled 10.4% in the premarket, after it forecast holiday season comparable sales largely below Wall Street forecasts as it faces......

Zoom beats estimates even as revenue growth is poised to slow after pandemic

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CNBC – For more and to sign up click here Zoom CEO Eric Yuan makes a toast after the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares rose as much as 8% in extended trading on Monday after the video-chat......

Execs seemed confused about the metaverse on Q3 earnings calls

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CNBC – For more and to sign up click here A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Online dating apps,......

Stocks may be entering an optimal period in the Thanksgiving holiday week

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CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021. Brendan McDermid | Reuters If history is a guide, the market should do well in the upcoming Thanksgiving holiday week.......

CMA CGM’s earnings soar on shipping rush

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A fisherman travels on a boat in front of a CMA CGM container ship passing through the Suez Canal in Ismailia, Egypt July 7, 2021. REUTERS/Amr Abdallah Dalsh Register now for FREE unlimited access to reuters.com Register PARIS, Nov 19 (Reuters) – Shipping group CMA CGM on Friday reported a......

Stocks making the biggest moves midday: Nvidia, Kohl’s, Macy’s and more

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CNBC – For more and to sign up click here Shoppers carry Kohl’s bags in Chicago. Christopher Dilts | Bloomberg | Getty Images Here are the companies making the biggest moves in midday trading: Nvidia — The chip giant saw its shares soaring more than 8% after the company beat earnings......

Sweetgreen shares surge 76% in salad chain’s stock market debut

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CNBC – For more and to sign up click here Shares of salad chain Sweetgreen closed up 76% Thursday afternoon, surging in the company’s public market debut. The stock opened at $52 a share, giving the company a market value of more than $5.5 billion. The company priced its initial......

Nvidia passes $800 billion market cap following strong earnings report

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CNBC – For more and to sign up click here Jen-Hsun Huang, chief executive officer and co-founder of Nvidia, speaks at an International Consumer Electronics Show in Las Vegas. Jacob Kepler | Bloomberg | Getty Images Nvidia shares rose more than 11% on Thursday morning after the company beat earnings......

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