News
The House passed the reconciliation bill this morning in a 215-214 party-line vote. The bill, among other things, increases the SALT deduction cap to $40,000 (from $10,000), moves up the Medicaid work ...
LOW's Q1 comps decreased by 1.7%, marking a return to negative territory following a positive comp of +0.2% in the previous quarter. Despite this decline, the figure exceeded analyst expectations, ...
The stock market is under some selling pressure this morning. It is nothing extreme, but the equity futures market has a negative bias grounded in deficit and inflation concerns. Currently, the S&P ...
Within its Investor Day presentation slides, JPMorgan Chase (JPM) slightly increased its FY25 NII guidance to $94.5 bln from a prior outlook of $94.0 bln, while reaffirming its guidance of ...
Take-Two's (TTWO) 4Q25 earnings were clouded by significant non-cash impairment charges, rendering the GAAP EPS of ($21.08) incomparable to analysts' expectations. These charges, including $3.55 bln ...
The Semiconductor Systems segment -- AMAT's largest revenue driver -- posted Q2 revenue of $5.26 bln, up 7% yr/yr, but slightly below analysts' expectations. This segment, which manufactures equipment ...
The drive for five is on during an options expiration day that Goldman Sachs says is the biggest May expiration ever, according to CNBC. That would be five straight winning sessions for the S&P 500, ...
Doximity (DOCS -11%) wrapped up FY25 on a solid note for Q4 (Mar). However, this operator of a digital platform for medical professionals disappointed investors with downside revenue guidance for both ...
CAVA Group (CAVA -6%) is lower despite upside Q1 results last night. This Mediterranean fast-casual restaurant chain beat on EPS and revenue. CAVA also increased its FY25 adjusted EBITDA outlook a bit ...
Dick's Sporting Goods (DKS) is selling off sharply, while Foot Locker (FL) is soaring after DKS announced its intention to acquire FL for approximately $2.4 bln, or $24 per share, marking a ...
Walmart heads lower following Q1 results/guidance; sounds like some price increases are coming (WMT)
Walmart (WMT -2.4%) is heading lower after reporting Q1 (Apr) results this morning. After an initial move higher, the stock pulled back during the call. The retail giant beat on EPS and revenue, but ...
The stock market settled in mixed fashion. The Dow Jones Industrial Average closed fractionally lower, the Nasdaq Composite logged a 0.7% gain, and the S&P 500 settled little changed from yesterday.
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