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Text size Constellation Brands said it expects earnings of $11.20 to $11.50 per share for the full fiscal year, excluding its cannabis business. Photograph by Pawel Kadysz Stock in Constellation Brands got a brief boost but then slipped back after the spirits maker reported higher earnings than expected but lowered its financial forecasts on a reported … Read More “Constellation Brands’ Earnings Beat Forecasts but the Stock Is Down” »
eBay stock was falling after an analyst downgrade. Sean Gallup/Getty Images Text size The stock market was trying to put Monday’s small loss behind it, with S&P 500 futures up 0.6% Tuesday morning. Here are some of the stocks making moves in premarket trading. Bank stocks gained as some of Wall Street’s biggest players announced … Read More “Stocks on the Move: Snowflake, eBay, Qualcomm, Riot Blockchain” »
Text size It will be an economic-data heavy week, but there are several notable companies reporting earnings as well. They will include Nike and Jefferies Financial Group on Monday, then General Mills and McCormick on Wednesday. On Thursday, Constellation Brands, Micron Technology , and Walgreens Boots Alliance will report. Investor days will come from FedEx … Read More “Nike, Walgreens, FedEx, Constellation, and Other Stocks to Watch This Week” »
Text size Boxes of Kellogg Co. Eggo brand frozen waffles and pancakes Gabby Jones/Bloomberg Kellogg stock was rising sharply on Tuesday after the cereal and snack giant announced plans to split into three independent companies. K ellogg (ticker: K) will spin off its U.S., Canadian, and Caribbean cereal and plant-based businesses. The names of the … Read More “Kellogg Plans to Split Into 3 Companies. The Stock Is Spiking.” »
Text size Oracle expects its cloud business to grow at least 30% in its next fiscal year. David Paul Morris/Bloomberg Amid a devilish brew of rising rates, high inflation, and recession fears, the tech sector offers few hiding places for investors. The market is shunning the high-growth, profitless software stocks that drove the sector higher … Read More “Oracle Stock Looks Like a Buy Even in a Recession” »
Text size Ark Invest CEO Cathie Wood. Courtesy of ARK Cathie Wood’s $12 billion flagship exchange-traded fund was falling again in Monday trading. It is another sign that “innovation stocks” such as Roku and Tesla remain under pressure. Wood’s ARK Innovation ETF (ticker: ARKK) was down 5.3% in Monday trading. Its top holdings include Zoom … Read More “Roku, Tesla, and Other Cathie Wood Favorites Are Falling” »
Text size Uncredited It’s a relatively quiet week on the earnings calendar. Highlights will include JM Smucker on Tuesday, Campbell Soup on Wednesday and DocuSign, NIO and Vail Resorts on Thursday. Pfizer is also hosting an investor meeting on Monday, and Advanced Micro Devices is hosting a financial analyst day on Thursday. The highlight of … Read More “AMD, Pfizer, NIO, DocuSign, Campbell Soup and other stocks that investors can see this week” »
One recent Sunday night, candles flickered inside a narrow, white brick-walled bar on the Lower East Side, where select guests at the entrance had to hand in signed disclaimers acknowledging potential risks. A group of millennial and Gen Z strangers exchanged coziness while sitting at a bar anchored by an artful glass fountain. The ritual … Read More “Absinthe speakeasy Bedroom 6 is NYC’s hottest new nightclub” »
Text size Uncredited The U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of large companies report later in the week that the economic key figure is jobs on Friday. HP and Sales force . com will report on Tuesday, followed by Chewy, GameStop , and Hewlett Packard Enterprise on … Read More “GameStop, Salesforce, Netflix, Alphabet, Nvidia and other stocks that investors can watch this week” »
Text size Commuters leave Wall Street Subway Station in New York. Amir Hamja / Bloomberg Stock futures signaled a higher start for Wall Street on Monday after the S&P 500 rose on Friday to avoid closing a bear market. Contracts related to Dow Jones Industrial Average received 144 points, or 0.4%, S&P 500 futures rose … Read More “Stock futures rise after the S&P 500 narrowly avoids closing on the bear market” »
