Dick’s cut its financial forecast for the fiscal year, as it contends with high inflation and supply chain problems.
Schlagwort-Archiv: CNBC
Nordstrom raises full-year outlook as first-quarter sales top expectations
CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for „long-awaited occasions.“
‚Tax us now‘: Millionaires call on the global elite to tax them more
A group of over 150 millionaires are calling on the elite attendees of this year’s World Economic Forum in Davos, to tax them more.
Crypto exchange FTX quietly shops for brokerage start-ups amid move into stock trading, sources say
FTX has been on the hunt to buy brokerage start-ups as the crypto exchange moves into stock trading and its CEO takes a stake in Robinhood, sources say.
Stocks making the biggest moves in the premarket: Best Buy, Abercrombie & Fitch, Snap and more
The stocks making the biggest moves in premarket trading include Best Buy, Abercrombie & Fitch, Snap, and more.
Why China will likely recover more slowly from the latest Covid shock
China’s economy won’t be snapping back quickly from the latest Covid outbreak, many economists predict. Instead, they expect a slow recovery ahead.
Stocks fall Tuesday as Wall Street resumes sell-off, Snap drags tech lower
Stocks fell Tuesday as the markets struggled to sustain a comeback rally following weeks of losses.
Stocks making the biggest moves midday: JPMorgan Chase, Gap, VMWare & more
These are the stocks posting the largest moves in midday trading.
Abercrombie & Fitch shares fall over 25% after retailer posts loss, offers weak outlook
Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.
Zoom pops 16% on first-quarter earnings beat and strong guidance
Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.