The S&P 500 and the Nasdaq Composite ended Tuesday higher, as shares of Nvidia lifted the indexes. Here’s what’s on CNBC’s radar going into Wednesday.
Schlagwort-Archiv: Financial
U.S. ‚industrial renaissance‘ is fueling a rebound in fundraising, Apollo CEO Marc Rowan says
Capital raising activity is set for a rebound in the U.S. amid a global „industrial renaissance,“ Oaktree Capital Management Co-Chairman Howard Marks says.
Visa and Mastercard execs grilled by senators on ‚duopoly,‘ high swipe fees
Senate Judiciary Committee members say the ‚duopoly‘ has left retailers with no ability to negotiate high interchange fees.
TJ Maxx parent says holiday shopping is off to a ’strong start,‘ but its guidance tells another story
TJX Companies is continuing to grow sales as competitors like Target and Macy’s struggle to win over shoppers.
Target shares plunge 15% after discounter cuts forecast, posts biggest earnings miss in two years
Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.
Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings
Evercore ISI and Truist lifted Palo Alto Network’s price target. Morgan Stanley forecasted more upside for CrowdStrike.
Dental supply stock surges on RFK’s anti-fluoride stance, activist involvement
Henry Schein shares tracked for their best day since 2022 on Monday.
Fintech unicorns are watching Klarna’s debut for signs of when IPO window will reopen
Financial technology unicorns aren’t in a rush to go public even after buy now, pay later firm Klarna filed for a U.S. IPO.
Women prefer to play mobile games. China’s Tencent sees an opportunity
Tencent is betting on a rise in female players worldwide for its mobile game Honor of Kings, which rolled out to the U.S. and other countries in June.
Lowe’s beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe’s topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.