earnings
- May- 2022 -26 MayStock Market
Gap stock drops as Old Navy’s struggles sink sales and outlook – News Opener
Gap Inc. shares fell in the extended session Thursday after the clothing retailer turned in a wider-than-expected loss and issued…
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Howard Marks explains how to avoid crashes by learning to recognize signs of bull-market excess – News Opener
Oaktree Capital founder Howard Marks is a boldfaced name on Wall Street, equally well known for his firm’s performance as…
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Wall Street permabear Albert Edwards highlights the recession threat hidden in retailers’ earnings – News Opener
Société Générale’s Albert Edwards has spent years building his reputation as one of Wall Street’s most closely-followed market bears. And…
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Workday stock drops after earnings miss, slightly higher outlook – News Opener
Workday Inc. shares fell in the extended session Thursday after the human resources cloud-software company reported earnings that missed the…
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New home sales plunge as high prices and rising U.S. mortgage rates discourage buyers – News Opener
The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to…
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After 2 stormy years of ‘moonshot’ house prices, don’t hold out hope for a major correction. Why COVID-era property values may be here to stay. – News Opener
There is hope for first-time buyers looking to enter the U.S. housing market, but observers say they will have to…
Read More » - 26 MayStock Market
Pending home sales fall for sixth straight month due to high prices and mortgage rates – News Opener
The numbers: An index of pending U.S. home sales slumped 3.9% in April and fell for the sixth month in a…
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U.S. economy contracted at 1.5% annual clip in first quarter, revised GDP shows – News Opener
The numbers: The U.S. economy contracted by a 1.5% annual rate in the first quarter, new government figures show, largely…
Read More » - 26 MayStock Market
Alibaba stock rises as earnings top expectations despite COVID-19 impacts – News Opener
Alibaba Group Holding Ltd.’s U.S.-listed shares were rising in premarket trading Thursday after the Chinese e-commerce giant beat revenue and…
Read More » - 26 MayStock Market
This eclipse-like event is why bitcoin could reach $100,000 by next year, says forecaster with a solid record on the crypto – News Opener
Stocks are settling in for more choppy action, as investors continue to consider the Federal Reserve minutes and after Nvidia…
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