Kohl’s shares plummeted more than 25% in early trading Thursday after the company posted weaker-than-expected earnings.
Schlagwort-Archiv: CNBC
Fintech targeted by climate skeptics banks $37 million from likes of UBS, Commerzbank
Swedish climate fintech Doconomy told CNBC it’s raised $36.9 million in a Series B round co-led by the venture arms of UBS and CommerzBank.
BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
Johan Tjarnberg, CEO of Trustly, told CNBC his firm still needs time to prove the value of its open banking tech to investors before going public.
Kohl’s stock plummets 25% after massive earnings miss
Kohl’s shares plummeted more than 25% in early trading Thursday after the company posted weaker-than-expected earnings.
Best Buy jumps 10% as cost-cutting preserves profits despite sluggish sales
Best Buy has noticed a pullback in purchases of discretionary items as consumers manage higher costs because of inflation.
Foot Locker stock surges 30% as turnaround shows signs of life
Foot Locker is making gains under CEO Mary Dillon, who has been working to win back brands and Wall Street’s confidence with an ambitious turnaround plan.
We’re cutting our price target on Salesforce after mixed earnings, soft guidance
We believe the sell-off Wednesday is overdone, but also understand stocks aren’t rewarded when growth is slowing.
American Eagle profit soars, but sales grow slower than expected
American Eagle has been working to boost profit over the next three years and has drilled down on revamping its product assortment.
Now you can invest in Elon Musk’s xAI through Cathie Wood’s ARK Venture Fund
Cathie Wood’s ARK Invest has taken a stake in Elon Musk’s startup xAI as she deepens her big bet on artificial intelligence.
Med tech stock Semler Scientific takes bitcoin play from MicroStrategy’s book, surges 37%
Semler Scientific saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset.