Best Buy beat Wall Street’s earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers.
Kategorie-Archiv: CNBC Financial News
Dick’s Sporting Goods shares jump after retailer hikes outlook as it bounces back from theft woes
Dick’s Sporting Goods posted earnings and sales that beat Wall Street’s estimates after its stock plummeted in the prior quarter over theft concerns.
Lowe’s cuts sales outlook as homeowners take on fewer projects; shares slide
Lowe’s cut its full-year sales and earnings outlook as it said homeowners were taking on fewer do-it-yourself projects.
Chinese tech giant Baidu’s shares rise 2% after revenue beat
Chinese tech giant Baidu reported third-quarter revenue that beat expectations, although growth was slower than during the previous three months.
Mastercard doubles down on effort to detect and tackle crypto fraud with AI tie-up
Mastercard told CNBC exclusively Monday it’s partnered with Feedzai, a regulatory technology platform, to improve monitoring and blocking of fraud in crypto.
Top Wall Street analysts are upbeat about these dividend stocks
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Starbucks and Diamondback Energy.
Legendary value investor’s firm launches new fund targeting ‚quality‘ stocks
The money manager behind legendary investor Jeremy Grantham’s GMO U.S. Quality ETF delivers his strategy for gains.
This key element of ESG investing could drive real change at companies and boost returns
As environment and board diversity initiatives have gained broad acceptance, some are now trying to clarify the case for the middle pillar of ESG.
Jim Chanos, the short seller who called Enron’s fall, is converting hedge fund to a family office
The veteran investor, known for his bets against Tesla and Enron, will convert his hedge fund to a family office and advisory business, CNBC has learned.
Fed’s Susan Collins says more rate hikes can’t be taken off the table yet
Other officials have been saying much of the same, essentially that inflation is showing progress but still has a way to go.