Earnings

Lowes stock rises after earnings, despite falling housing market

Lowes stock rises after earnings, despite falling housing market

| Jeffrey Greenberg/Universal Images Group via Getty Images Key points to remember As the housing market slows, more homeowners are choosing to upgrade their current home. Online sales and purchases of $500 or more continue to rise for Lowe’s. The company is striving to improve its efficiency and market penetration to help grow its business. …

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Some lawmakers want to strip social security from high earners.  Will this happen?

Some lawmakers want to strip social security from high earners. Will this happen?

(Maurie Backmann) Social Security is financially fragile. In future years, the program expects to owe more benefits than it takes in as baby boomers leave the workforce, reducing its main source of revenue, payroll taxes. If lawmakers fail to find a way to pump more money into Social Security, the program may have to cut …

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Why an economic slowdown could be a nightmare for corporate earnings in 2023: Morning Brief

Why an economic slowdown could be a nightmare for corporate earnings in 2023: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief delivered straight to your inbox Monday through Friday by 6:30 a.m. ET. Subscribe Wednesday, November 23, 2022 Today’s newsletter is from Sam Rothe author of TKer.co. Follow him on Twitter at @SamRo. Read this and other market news wherever you are with Yahoo …

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Retailers disclose earnings, possible railroad strike, Fed minutes and more: Tuesday's 5 things to know

Retailers disclose earnings, possible railroad strike, Fed minutes and more: Tuesday’s 5 things to know

Former U.S. Transportation Secretary Elaine Chao wants the current Sec. Pete Buttigieg “good luck” in finding a solution to the impending strike of the railway workers. Here are the key events happening on Tuesday this could have an impact on trade. RETAILER REVENUES: A busy morning ahead for retail revenue, with Best Buy, Dollar Tree, …

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Live stock market news updates: Stocks fall as retail sales beat, earnings targets miss

Live stock market news updates: Stocks fall as retail sales beat, earnings targets miss

U.S. stocks faltered on Thursday as optimism around easing inflation and a shift in Federal Reserve policy faded, while Wall Street analyzed a slew of corporate earnings. The S&P 500 (^GSPC) fell 0.3% after hitting a session low of more than 1%, while the Dow Jones Industrial Average (^DJI) fell about 0.1%, eliminating a loss …

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Live stock market news updates: Stocks fall as retail sales beat, earnings targets miss

Live stock market news updates: Stocks fall as retail sales beat, earnings targets miss

U.S. stocks faltered on Thursday morning as optimism around easing inflation and a change in Federal Reserve policy faded, while Wall Street analyzed a slew of corporate earnings. The S&P 500 (^GSPC) fell more than 1.1%, while the Dow Jones Industrial Average (^DJI) lost 260 points, or 0.8%. The technology-focused Nasdaq Composite (^IXIC) fell 1.4%. …

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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

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Live stock market news updates: Stocks fall as retail sales beat, earnings targets miss

Live stock market news updates: Stocks fall as retail sales beat, earnings targets miss

U.S. stocks fell Wednesday morning as Wall Street weighed in on a profit warning from retail leader Target over government retail sales data that showed robust consumer spending ahead of the key holiday season. The S&P 500 (^GSPC) fell 0.4%, while the Dow Jones Industrial Average (^DJI) hovered below the flatline. The Nasdaq Composite (^IXIC), …

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