Wells Fargo Securities‘ Chris Harvey is building a major part of his strategy on a consumer comeback.
Kategorie-Archiv: CNBC Financial News
Olive Garden parent’s earnings beat, forecasts stronger sales next quarter
Darden Restaurants stock surges after the company reported quarterly earnings that topped analysts‘ expectations.
RH shares jump after furniture retailer reports earnings, sales beat
The furniture retailer RH reported earnings and sales that topped Street estimates, as it continued to see robust demand for its high-end furniture.
Citigroup CEO Jane Fraser calls for Zoom-Free Fridays and new bank holiday as pandemic fatigue grows
The Citigroup memo comes the day after Goldman CEO David Solomon was forced to address his staff after an internal survey of first-year analysts went viral.
GameStop shares fall 18% on lack of transformation detail, possible share sale
Tuesday’s earnings mark the brick-and-mortar video game retailer’s first quarterly report since the GameStop trading mania in January.
Stocks making the biggest moves in the premarket: Intel, GameStop, ViacomCBS & more
The stocks making the biggest moves in premarket trading include Intel, GameStop, ViacomCBS, and more.
How 401(k) accounts killed pensions to become one of the most popular retirement plans for U.S. workers
Since 1980, 401(k) plans have replaced pensions as one of the most popular forms of retirement plans for U.S. workers.
Crypto firm Blockchain.com rides bitcoin mania to a $5.2 billion valuation
Blockchain.com says it’s raised $300 million in a mega fundraising round, valuing the company at $5.2 billion.
Crypto is a ’speculative vehicle‘ and should be regulated, says boss of central bank group BIS
His comments arrive as various central banks around the world are exploring their own digital currencies.
One year after Covid-19 market bottom, Canaccord Genuity’s Tony Dwyer says stocks are in ’no man’s land‘
There’s no market extreme that gives investors an edge right now, according to Canaccord Genuity’s Tony Dwyer.