The Chinese e-commerce giant will report second quarter fiscal 2022 earnings results before the opening bell Thursday.
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Some retailers are buying back stocks – and that could be why their earnings are looking strong
Earnings growth at some retailers over the last decade has been driven by aggressive share repurchases.
Cramer says Walmart is an ‚inflation fighter,‘ Wall Street shouldn’t be selling the stock
„Walmart is keeping prices down aggressively and therefore their gross margins are down. But they are taking share from everybody,“ Cramer said Tuesday.
Russia calls U.S. ‚hypocritical‘ for condemning anti-satellite weapons test
The Russian military destroyed a defunct satellite on Monday, causing astronauts to shelter on the International Space Station as the debris cloud passed by.
Stocks making the biggest moves premarket: Lowe’s, Target, GlaxoSmithKline and others
These are the stocks posting the largest moves before the bell.
Amazon to stop accepting Visa credit cards issued in the UK, citing high fees
Amazon has told some customers that, from Jan. 19 2022 onward, the company will no longer accept Visa credit cards issued in Britain.
Ray Dalio’s Bridgewater is reportedly looking to raise $469 million in new China fund
American hedge fund manager Ray Dalio is launching a new China fund through a local subsidiary, according to China’s Securities Times, citing sources.
Stock futures are little changed after Lowe’s and Target post earnings beats
Stock futures were little changed in early morning trading on Wednesday following earnings reports from big-box retailers Target and Lowe’s.
Child tax credit may plunge to $1,000 from $3,600 per kid after 2025
The tax break for parents is poised to revert to its level before the 2017 Tax Cuts and Jobs Act unless Congress intervenes.
Lowe’s tops estimates as customers invest more in bigger home projects, retailer lifts sales forecast
The home improvement retailer has been making an effort to win more electricians, contractors and other professionals as customers.