The discounter said the significant jump in fuel prices, higher labor costs and aggressive inventory levels weighed on the company’s profits.
Kategorie-Archiv: CNBC Financial News
Home Depot raises full-year outlook after earnings beat, record first-quarter sales
Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly earnings, fueled by the company’s strongest first-quarter sales on record.
$3 billion in bitcoin was sold in a last-ditch attempt to save UST stablecoin from collapse
Luna Foundation Guard said it spent almost all of the bitcoin in its reserve last week in a futile attempt to save UST.
China’s economic data disappoint in April as Covid controls weigh
China reported a drop in retail sales and industrial production in April — far worse than analysts had expected.
Stocks making the biggest moves in the premarket: Spirit Airlines, Carvana, Warby Parker and more
The stocks making the biggest moves in premarket trading include Spirit Airlines, Carvana, Warby Parker and more.
S&P 500 falls on Monday as it struggles to rebound from a 6-week slide
Major averages still posted steep losses for the week and are undergoing an intense sell-off as the Fed attempts to tamp down inflation.
Top Wall Street analysts say these stocks are extremely undervalued
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Costco & Cigna.
Robinhood shares jump 25% after crypto CEO Sam Bankman-Fried acquires stake
Robinhood shares jumped 25% after the CEO of a major crypto exchange took a stake in the retail investing app Thursday.
Regulators are getting nervous about stablecoins after Terra’s stunning collapse
U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal regulation of stablecoins.
Stocks making the biggest moves midday: Twitter, Affirm, Robinhood and more
These are the stocks posting the largest moves in midday trading.