Target on Wednesday reported fiscal third-quarter earnings that easily outpaced analysts‘ estimates as the discount retailer won market share by turning shoppers‘ pandemic habits into lasting gains.
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Lowe’s shares tumble as earnings fall short despite robust sales gains
The results from Lowe’s come one day after Home Depot reported third-quarter earnings that beat estimates.
Investors have become too bullish so sell on the vaccine news, Bank of America says
„We say ’sell the vaccine‘ in coming weeks/months as we think we’re close to ‚full bull,'“ BofA’s Michael Hartnett said.
U.S. ETF market tops $5 trillion in assets as investors stampede into stocks on vaccine hopes
The ETF industry in the U.S. surpassed $5 trillion in assets under management last week, a new record.
Walgreens drops 11% to lead drug store stocks lower after Amazon launches pharmacy business
CVS, Rite Aid and other pharmacy stocks were under pressure on Tuesday morning after Amazon’s newest venture was announced.
Stocks making the biggest moves in the premarket: Home Depot, Tesla, Amazon, Baidu & more
The stocks making the biggest moves in premarket trading include Home Depot, Tesla, Amazon, Baidu, and more.
Top Goldman dealmaker Lemkau is leaving the bank to helm $15 billion investment firm linked to Dell fortune
Gregg Lemkau, known as one of the top mergers bankers on Wall Street, has advised on hundreds of transactions since joining the bank in 1992.
Full impact of pandemic on Europe’s banks won’t be clear until 2021, official says
The fallout from the Covid-19 pandemic on Europe’s financial institutions will become more apparent in coming months, according to a senior banking official.
U.S. ETF market tops $5 trillion in assets as investors stampede into stocks on vaccine hopes
The ETF industry in the U.S. surpassed $5 trillion in assets under management last week, a new record.
Dow futures extend losses, now down 250 points after weaker-than-expected retail sales
On Monday, the Dow and S&P 500 posted all-time closing highs. The Dow also notched an intraday record. Those gains came after Moderna released trial data.