Earnings Driven Stock Slide
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Dell earnings show fervent AI demand, but margin talk sends stock sliding
Shipments of AI servers more than doubled sequentially to $1.7 billion.MarketWatch - Business -
Kohl's stock plummets more than 20% after massive earnings miss
Kohl's shares plummeted more than 20% Thursday after the company posted weaker-than-expected earnings.CNBC - Business -
Zscaler’s stock rockets as upbeat earnings offer relief to cybersecurity sector
After dropping about 5% in Thursday’s regular session during a software-sector rout, Zscaler’s stock surged 16% in the extended session.MarketWatch - Business -
Cramer says to buy Costco after the stock's post-earnings dip
Cramer said he's confident about the big-box retailer's path to success, pointing to new CEO Ron Vachris and new finance chief Gary Millerchip.CNBC - Business -
Best Buy surges on signs that the expected AI-driven PC and smartphone refresh is starting
We believe our primary investment thesis is intact, and therefore reiterate our buy-equivalent 1 rating and $95 price target.CNBC - Business -
Telecom Italia Backs Outlook After Earnings Rise
Telecom Italia maintained its financial targets for the year after reporting higher first-quarter revenue and earnings.The Wall Street Journal - Business -
Dell earnings reveal sluggish enterprise AI adoption
AI is still incredibly complicated for the average customer. Processing, training, and deployment pipeline is a fragile Rube Goldberg machineVentureBeat - Tech -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
PagerDuty earnings show stabilization in the face of software-sector pressures
PagerDuty says a renewed focus on enterprise customers has helped stabilize growth despite general pressures in the software industry.MarketWatch - Business -
Costco shares dip despite earnings beat. There's no cause for investor concern
We're raising our price target on Costco after the retail giant delivered another business-as-usual quarter.CNBC - Business -
Bruhat Soma’s Electric Tiebreaking Performance Earns Spelling Bee Championship
Bruhat Soma spelled a stunning 29 words correctly in a 90-second spell-off to claim victory in the Scripps National Spelling Bee.The New York Times - Top stories -
Gap is in ‘early innings of a turnaround’ after earnings beat, analyst says
Jefferies raises Gap’s target price to $28 a share from $17 a share, while the company’s stocks and bonds rally.MarketWatch - Business -
Retailers like Gap and Foot Locker had a strong week. That doesn’t spell a consumer comeback
Gap profits were 9 times higher and Foot Locker beat estimates — unlikely winners in Q1 retail earnings. But, this says more about the companies than consumers.CNBC - Business -
It was a strong week for retail earnings. That doesn't spell a consumer comeback
Retail’s biggest winners during first-quarter earnings aren’t thriving because consumers are suddenly spending more on discretionary goods — it’s because they’re executing well and cash-strapped shoppers are choosing them over competitors.NBC News - Top stories -
Cramer's week ahead: Labor report, plus GitLab and CrowdStrike earnings
CNBC's Jim Cramer on Friday told investors what to pay attention to next week on Wall Street.CNBC - Business -
Mahomes, Kelce Earned Combined $6M From NFLPA Last Year
The Kansas City Chiefs were the talk of the 2023 NFL season with Taylor Swift in the stands, and the team winning a second straight Super Bowl. The buzz and title were a boon to the bank accounts of the Chiefs’ two biggest stars. Patrick Mahomes ...Yahoo Sports - Sports -
U.S. Stocks Fall, Led Lower by the Dow
U.S. stocks fell, led again by the Dow, which was down more than 250 points, after dropping more than 400 points Wednesday. The S&P 500 and Nasdaq Composite were also lower.The Wall Street Journal - World -
S&P 500, Nasdaq RetreatAfter PCE Inflation Data
Stock indexes were mixed after the Fed’s preferred inflation gauge was roughly in line with economists’ expectations.The Wall Street Journal - World -
Trump Media Stock Swings After Conviction
Shares of the Truth Social parent whipsawed after former President Donald Trump, the company’s largest investor, was convicted in his hush-money trial.The New York Times - Business - Donald Trump -
Dow Rises, Stocks Log Monthly Gains
A late-day rally helped all three major stock indexes finish May higher. Gap shares surged after the clothing retailer posted strong results.The Wall Street Journal - World -
Faraday Future’s stock rises as ‘classic’ meme stock ends roller-coaster month
Shares of the electric-vehicle startup pared back their recent gains Friday.MarketWatch - Business -
Grads with these 10 master's degrees have the highest average starting salaries—No. 1 earns over $100,000
Getting a master's degree can be a great way to dive deeper into your passion and advance your career. But these 10 programs earn grads the highest salaries.CNBC - Business -
Gap shares pop 20% as earnings beat on sales growth at all four brands
Gap has been in the midst of a turnaround under CEO Richard Dickson, who has focused on better marketing and storytelling for the company's portfolio of brands.CNBC - Business -
Nordstrom misses Wall Street's earnings expectations as off-price chain Rack lifts sales
The department store operator stuck by its full-year forecast despite the miss.CNBC - Business -
Here's the level to start buying Best Buy after its post-earnings surge
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
These companies are expected to be the fastest earnings growers in the cheap S&P 500 energy sector
Energy stocks as a group are cheaply priced to expected earnings, even though the sector has been the best performer in the S&P 500 over the past three years, by far.MarketWatch - Business -
Caitlin Clark and Indiana Fever earn first home win, 71-70 against Angel Reese and Chicago Sky
INDIANAPOLIS — NaLyssa Smith scored 18 points and Caitlin Clark had 11 points, eight rebounds and six assists Saturday as the Indiana Fever won their first home game of the season, 71-70, over the Chicago Sky.NBC News - Top stories -
Real Madrid beats Borussia Dortmund 2-0 in Champions League final, earning its 15th European Cup
In an explosion of gold and silver confetti, Real Madrid held aloft the Champions League trophy for a record-extending 15th time on Saturday.NBC News - Top stories - UEFA Champions League -
Foot Locker's turnaround is showing signs of life, CEO sees consumers willing to pay full price
Foot Locker is making gains under CEO Mary Dillon, who has been working to win back brands and Wall Street's confidence with an ambitious turnaround plan.CNBC - Business -
S&P 500 is looking for direction. Here are the signs traders shouldn’t miss
Stocks are set to break out of a trading range — one way or another.MarketWatch - Business -
Salesforce’s stock is suffering its biggest drop in two decades
Investors searching for more reasons to be cautious about the health of the software sector just got a big one.MarketWatch - Business -
Best Buy’s stock surges as overall sales fall but laptop revenue rises
Best Buy pointed to a larger membership base and “improvements in our customer experiences.”MarketWatch - Business -
U.S. Crude Oil Stocks Fall More Than Expected
Oil stocks fell by 4.2 million barrels — a greater decline than was expected.The Wall Street Journal - World -
Faraday Future’s stock rallies after registering biggest-ever decline
Faraday Future shares were weighed down by the electric-vehicle startup’s full-year results this week.MarketWatch - Business -
Rising Treasury yields have rattled the stock market. Relief may be on the way.
Buyers returned to the U.S. government-debt market on Thursday, following a two-day selloff in the longest-dated maturities that sent yields to one-month highs. It’s the type of buying interest that could keep Treasury yields in check from here.MarketWatch - Business -
Saudi Aramco offers nearly $11.5 billion in new stock for sale
Aramco will offer 1.545 billion shares in a price range between 26.70 and 29 Saudi riyals per share on Sunday.CNBC - Business -
Gap’s stock jumps 23% as the retailer swings to profit and raises guidance
Gap Inc. shares rallied in the extended session Thursday after the retailer reported first-quarter earnings and sales well above investors’ expectations, raised its guidance for the year and pared down its inventory.MarketWatch - Business -
MongoDB’s stock set to tumble by a quarter as management voices caution
MongoDB took a cautious tone in discussing the year ahead, which is weighing heavily on its stock in Thursday’s extended session.MarketWatch - Business -
London stock market bucks IPO drought with rush of follow-on deals
UK exchange the most active in Europe as investors offload stakes in secondary transactionsFinancial Times - Business -
Saudi Arabia to Kick off Aramco Stock Sale of Up to $12 Billion
Saudi Arabia confirmed it plans to sell a portion of its stake in oil giant Aramco valued at up to $12 billion.The Wall Street Journal - World