Target cut its full-year forecast even as recession fears fade, as the retailer cited factors like still high prices and the restart of student loan payments.
Schlagwort-Archiv: Markets
HKEX first-half net profit rises 31%, CEO is ‚quite optimistic‘ about medium term outlook
Hong Kong Exchanges and Clearing reported a 31% year-on-year rise in net profit for the first six months of the year.
China’s Tencent misses expectations despite fastest profit rise since late 2021
Tencent on Wednesday reported a surge in profit for the second quarter, but missed expectations.
Cava shares surge as Mediterranean restaurant chain swings to a profit in first report since IPO
Cava net sales soared 62% to $172.9 million, fueled by new restaurant openings.
Stocks making the biggest moves premarket: Nvidia, Discover Financial, D.R. Horton and more
These are the stocks posting the largest moves in premarket trading.
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of America.
China reports big data miss in July, stops releasing youth unemployment numbers
The National Bureau of Statistics report did not include the unemployment figure for young people, which has soared to record highs in recent months.
Stocks making the biggest moves after hours: Discover Financial, Lennar, Getty Images and more
See which stocks are posting big moves after the bell.
Lloyd Blankfein says he ‚can’t imagine‘ returning to Goldman Sachs
Blankfein, a former CEO of Goldman Sachs, pushed back on a report saying he had offered to return to the firm to help current CEO David Solomon.
Home Depot beats earnings estimates, but sales slide as consumers pull back on big-ticket buys
Home Depot beat earnings estimates but reiterated its full-year guidance, saying consumers are still wary of big-ticket purchases.