On Wednesday, the S&P 500 and the Nasdaq Composite slid as Nvidia shares tumbled ahead of results. Here’s what CNBC is watching going into Thursday.
Schlagwort-Archiv: Financial
Dollar General shares crater 20% as retailer cuts outlook, blaming ‚financially constrained‘ customers
The discount retailer slashed its guidance for full-year same-store sales and profit.
‘Vigorous give and take’: U.S. security advisor discusses economic curbs in rare trip to China
U.S. national security advisor Jake Sullivan said he raised concerns about the country’s focus on economic security in meetings with Chinese officials.
China’s electric car race is becoming more about chip prowess as companies focus on tech
Price wars aside, Chinese electric car companies are now competing on driver-assist and other tech powered by semiconductors.
Biden and Xi to speak after rare U.S. security advisor trip to China
The announcement came amid U.S. national security advisor Jake Sullivan’s trip to Beijing this week to meet with Wang Yi, China’s top diplomat.
401(k) auto-enrollment features don’t help savings as much as expected, study finds
Academics who helped pioneer research on 401(k) auto-enrollment find effects such as leakage blunt its long-term impact.
American Eagle saw profits grow nearly 60% as costs come down
American Eagle missed sales targets for a second quarter in a row but its profits were 60% higher as inflationary costs begin to tick down.
Best Buy shares jump on profit beat and guidance hike
Best Buy now expects to see full-year adjusted earnings per share in the range of $6.10 to $6.35, up from a prior range of $5.75 to $6.20.
Dollar General shares crater 20% as retailer cuts outlook, blaming ‚financially constrained‘ customers
The discount retailer slashed its guidance for full-year same-store sales and profit.
Nvidia shares fall despite earnings beating estimates
Nvidia shares fell on Thursday despite its fiscal second-quarter results beating estimates.