Stock Groups

Earnings reports are causing big moves for stocks. Here’s a way to play them with options

According to Goldman Sachs, although volatility is ending, investors still have opportunities to profit from big earnings-driven moves. Big hits have been recorded for retailers, including Target and Walmart experiencing the largest one-day drop records. Toll Brothers’ shares rose almost 8% Wednesday, after it beat expectations and preserved its guidance. The 30 points premium to […]

Stock Groups

Dollar General, Dollar Tree boost outlook as consumers grapple with inflation

Dollar General and Dollar Tree outlets Getty Images Shares Dollar General Dollar TreeOn Thursday, the market exploded as discounters beat Wall Street’s quarterly earnings forecasts. This raised the outlook for next year and suggested that consumers will flock to lower prices in times of inflation. Midday on Thursday saw Dollar General shares rise by approximately […]

Stock Groups

Why inflation may be about to wane — just as fear of it peaks

Target’s April quarter dismal results last week were partly due to the bloated inventories of big box retailers. This week, specialty retailers such as Best Buy and Dick’s Sporting Goods have continued to feel the pinch. However, the good news is that those goods piles across the country may be a sign of inflation receding […]

Stock Groups

Macy’s (M) reports Q1 2022 earnings beat, raises forecast

One person strolls past the Hyattsville Macys store on February 22, 2022. AFP – Getty Images| AFP | Getty Images Macy’sOn Thursday, the fiscal first quarter profits and sales were higher than analysts expected. This was despite decades of high inflation, which threatened to curb consumption. Bloomingdale’s and the department store chain that owns it, […]

Stock Groups

Dick’s Sporting Goods (DKS) Q1 2022 earnings top estimates, outlook cut

A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting GoodsWall Street was pleasantly surprised Wednesday by the results of its fiscal first quarter. Shoppers spent more money on sports apparel, such as golf clubs and soccer equipment, than expected. NikeAdidas. […]

Stock Groups

‘Cheap’ stocks to buy to beat rising prices, slowing growth: Strategists

Inflation is rising and global growth slowing. CNBC Pro reviews recent research documents to determine the best stocks for strategists in such a difficult market. For the first time since 2003, the U.S. Federal Reserve increased rates by 50basis points in March. This is the beginning of what many anticipate to be an aggressive rate-hike […]

Stock Groups

Walmart expands drone-delivery service to reach 4 million households

Walmart is increasing drone deliveries to pick shops in six states. That can make it doable for extra prospects to get diapers, groceries or extra delivered by air. Walmart Walmart is increasing drone supply throughout six states this yr, making it doable for a lot of extra prospects to get a field of diapers or […]

Stock Groups

EBay enters NFT business, with assist from hockey icon Wayne Gretzky

eBay’s headquarters is located in San Jose (California). Getty Images EBay is getting into NFTs — with an assist from hockey legend Wayne Gretzky. Monday’s announcement by the company was that 13 limited-edition digital collectibles will be launched in partnership with OneOf Web3 platform. Each of these includes a 3-D animation of Gretzky performing one […]

Stock Groups

Breaking down the market’s tumble into a bear market — and what comes next

This past week saw some very grim milestones in the stock market’s relentless decline. The S & P 500 briefly dipped on Friday into bear market territory, trading more than 20% below its January intraday record. A bear market is not officially recognized, and investors may debate whether they are currently in one. Many on […]

Stock Groups

Stocks head for another potentially treacherous week, after S&P 500 falls into bear market territory

Traders are seen on the New York Stock Exchange’s floor in Manhattan, New York City. March 7, 2022. Andrew Kelly | Reuters A stock market that is already struggling could see more negative news from retailers over the next week. Although market professionals are looking out for additional signs that stocks may be bottoming soon, […]