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Macy’s earnings beat estimates, but execs send warning signal on health of America’s shoppers

Jennifer DuBois -
Yet another retail giant took a cautious outlook on consumers.Macy's (M) posted a beat on earnings estimates on Tuesday before the market open,...
Business

Lowe’s, Zoom Video, Tesla, Fabrinet, Baidu, and More Stock Market Movers

Jennifer DuBois -
Business

Baidu’s Second-Quarter Net Profit Rose 43% on Marketing, Video-Streaming Growth

Jennifer DuBois -
Baidu’s Second-Quarter Net Profit Rose 43% on Marketing, Video-Streaming Growth Source link
Business

The stock market has a ‘real’ problem: Morning Brief

Jennifer DuBois -
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with:Last week,...
Business

Baidu Stock Jumps as China’s Google Posts Huge Earnings Beat

Jennifer DuBois -
Baidu Stock Jumps as China’s Google Posts Huge Earnings Beat, Cuts Through Macro Gloom Source link
Business

Sudden Rally in China Stocks Has Traders Scratching Their Heads

Jennifer DuBois -
(Bloomberg) -- Chinese stocks staged a sudden rally late on Tuesday, with several traders attributing the rebound to technical reasons in the absence...
Business

China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling

Jennifer DuBois -
(Bloomberg) -- China is escalating its defense of the yuan, pushing up funding costs in the offshore market to squeeze short positions and...
Business

S&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Climate

Jennifer DuBois -
(Bloomberg) -- Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US banks, S&P Global...
Business

S&P downgrades multiple US banks citing ‘tough’ operating conditions

Jennifer DuBois -
(Reuters) - S&P Global on Monday cut credit ratings and revised its outlook for multiple U.S. banks, following a similar move by Moody's,...
Business

After Nvidia’s last ‘shock-and awe’ earnings, here’s what Wall Street expects from the 2nd-quarter report

Jennifer DuBois -
Investors are awaiting Nvidia's second-quarter earnings report after the market close on Wednesday.The AI chip company has set high expectations after its May...
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