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Lumen’s stock gains after beat on free cash flow
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Macy’s stock rises as sales beat views, thanks to Bloomingdale’s and Bluemercury
Macy’s stock rose Tuesday, after the department store chain reported fiscal first-quarter results that fell from a year ago but that beat expectations, and nudged up its full-year outlook.MarketWatch - Business -
What the fund flow data tell us about the stock and bond markets
Many investors are surprised to learn that there is an inverse relationship between fund flows and performance.MarketWatch - Business -
XPeng’s stock soars after EV maker’s sales beat by widest margin in 2 years
XPeng’s stock powered higher Tuesday, after the China-based electric vehicle maker reported first-quarter results that beat expectations by wide margins, fueled by higher deliveries and cost-cutting.MarketWatch - Business -
Stock gains in the summer are weaker when the market has been strong
This year there’s even less of a reason to expect a summer rally.MarketWatch - Business -
Dow Edges Higher With Retail Earnings in Focus
Stock indexes were mixed, with the Dow inching higher after retreating from the 40000 mark on Monday.The Wall Street Journal - World -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Peloton shares drop after it announces refinancing to stave off cash crunch
Peloton is in the middle of a broad restructuring as it looks to align the size of its business with its slowing sales and avoid a cash crunch.CNBC - Business -
GameStop and AMC pare back gains as dust settles from Roaring Kitty-fueled meme-stock frenzy
GameStop Corp. and AMC Entertainment Holdings Inc. pared back Monday’s gains in premarket trades Tuesday as the dust continued to settle from last week’s meme-stock frenzy.MarketWatch - Business -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market
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Target’s price cuts imply earnings may be a concern — but UBS says don’t worry
“Our take is that these actions are a sign of strength, not a signal of vulnerability,” a UBS analyst wrote about the retailer’s price cuts.MarketWatch - Business -
Trump’s “unified Reich” video controversy is a win for Truth Social
Donald Trump mints free publicity. And for a startup, especially a “social media” startup, publicity like this is worth more than gold.MarketWatch - Business - Donald Trump -
Fed’s Waller needs ‘several more months’ of good inflation data before backing rate cut
“In the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy,” Waller said Tuesday.MarketWatch - Business -
Eli Lilly’s stock on pace for record close as Crohn’s disease trial hits the mark
Eli Lilly shares were on pace for a record closing high Tuesday after the drugmaker released data from a late-stage Crohn’s disease trial and struck a deal to develop new cancer-targeting medicines.MarketWatch - Business -
Two-thirds of Americans say inflation has made their financial situation worse
Nearly two-thirds of Americans say high inflation has made their financial situation worse, especially families with lower incomes, a new Federal Reserve study found.MarketWatch - Business