GoodRx Beat Quartely Estimates. Here’s Why the Stock Is Falling.

Text size GoodRx had a strong first quarter but effectively removed 2022 guidance. Pixel / Dreamstime News that a large grocer is no longer accepting GoodRx’s pharmacy discount cards has wrecked the stock. Several analysts are downbeat, except one. GoodRx (ticker: GDRX) on Monday retracted its guidance and said that its second quarter will see … Read more

Wayfair Stock Tumbles. Revenue Fell 14% From Last Year.

Text size Online home goods retailer Wayfair posted a bigger-than-expected loss for its first quarter. Gabby Jones / Bloomberg Shares of Wayfair tumbled 12% in premarket trading Thursday after the online home goods retailer posted a bigger-than-expected quarterly loss. The company reported a net loss of $ 319 million, or an adjusted loss per share … Read more

CVS Health Posts and Earnings Beat and Lifts Fiscal-Year Guidance

Text size Shopping carts sit in a parking lot at a CVS store in Greenbrae, California. Justin Sullivan / Getty Images CVS Health reported first-quarter adjusted earnings that topped analysts’ forecasts and the company raised its earnings range outlook for the fiscal year. CVS posted first-quarter adjusted earnings of $ 2.22 a share. Revenue rose … Read more

Kohl’s Stock Is Rising. Another Bidder May Have Emerged.

Text size A Kohl’s store Justin Sullivan / Getty Images Are two department stores better than one? The owners of JCPenney may think so, if reports that they are the latest potential suitors for Kohl’s are true. On Monday anonymous sources told the New York Post that mall owner Simon Property Group (ticker: SPG) and … Read more

Buying the Dip Can Be a Retiree’s Best Friend. Here’s How Seniors Can Safely Shop.

Photo illustration by Barron’s Staff; (reference) Dreamstime (4) Text size It’s hard at any age to buy stocks when prices are falling, but for retirees it can be especially nerve-racking because their time frame for recovery is shorter if share values ​​continue to fall. But buying a dip prudently can not only boost your returns … Read more

Pricey AI Apps Drive Up Cloud-Computing Spending

Corporate spending on cloud computing is rising at double-digit rates, as chief information officers and other tech leaders adopt advanced capabilities such as artificial intelligence that cost more than run-of-the-mill business applications, new market data shows. On top of the inherent costs of the technologies themselves, typically purchased as subscriptions, many of these applications tend … Read more

Here are 30 stocks that Goldman Sachs likes when the economy stutters and markets gyrate

Wall Street is wobbling ahead of Tuesday’s open, as big earnings loom and with ample, gloomy distractions out there. Fighting has ramped up again in Ukraine as the battle begins for the country’s eastern front. Apart from the tragic humanitarian crisis, the conflict is already causing the World Bank and others to cut their global … Read more

Rite Aid Stock Is Soaring. The Outlook Impresses Investors.

Text size Rite Aid’s quarterly loss was bigger than expected. Mario Tama / Getty Images Rite Aid’s stock surged after the drugstore chain said it expects to lose less money in the current fiscal year than anticipated. The news overshadowed a bigger-than-expected loss for the latest quarter. Rite Aid stock (ticker: RAD) was up 10.4% … Read more

The end of one-chip wonders: Why Nvidia, Intel and AMD’s valuations have experienced massive upheaval

It was not too long ago that Intel Corp. was the unquestioned king of US chip makers and the largest semiconductor company by market capitalization. It’s also not long since most computing was done with a PC. Since then, a host of changes have occurred in how people interact with technology, and other companies have … Read more

Kohl’s Stock Climbs on Reports of a $ 9 Billion Offer From Franchise Group

Text size Kohl’s stock has risen this year on hopes for a buyout. Justin Sullivan / Getty Images Kohl’s stock climbed on a report Tuesday that Franchise Group is the latest company to throw its hat in the ring to buy the company, with a $ 9 billion offer. Yet another bidder, offering a premium … Read more

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