Macy’s (M) raised its fiscal year outlook on Wednesday after posting better-than-expected quarterly results across the board, with same-store sales growth a bright spot. While revenue and adjusted earnings fell, both came in higher than Wall Street had forecast. Shares in the retail giant jumped more than 12% in premarket trading after the earnings report….
Arista Networks (ANET) ended the recent trading session at $139.39, demonstrating a -8.92% change from the preceding day’s closing price. The stock’s change was less than the S&P 500’s daily loss of 0.05%. Elsewhere, the Dow lost 0.59%, while the tech-heavy Nasdaq added 0.45%. The stock of cloud networking company has risen by 12.13% in…
Adobe Inc. (NASDAQ:ADBE) is one of the AI Stocks In The Spotlight For Investors. On September 9, Oppenheimer analyst Brian Schwartz lowered the price target on the stock to $460.00 (from $500.00) while maintaining an Outperform rating. The rating, issued as part of a fiscal Q3 earnings preview, reflects low expectations into the earnings print considering…
As the U.S. market experiences slight gains, with the Dow Jones and S&P 500 inching higher amid anticipation for Nvidia’s earnings report, investors are closely monitoring developments that could impact broader market sentiment. In such a dynamic environment, identifying high growth tech stocks requires careful consideration of their adaptability to current economic conditions and potential…
Williams-Sonoma (WSM) said it saw minimal impacts from tariffs in its second quarter results but expects tariffs to pressure its top-line growth and operating margins in the current quarter. “Our incremental tariff rate has doubled since our last earnings call,” CFO Jeffrey Howie said in the company’s earnings call. “At our May earnings call, our…
The focus turns to retailers next week as heavyweights Walmart (WMT), Target (TGT), Lowe’s (LOW), and Home Depot (HD) report results. Investors will be listening for changes in consumer behavior as tariffs and inflation remain top concerns for households. Earlier this earnings season, Amazon CEO Andy Jassy noted that the company wasn’t seeing diminishing demand…
The Nasdaq Composite closed at a record high on Aug. 7, even though new tariffs on imports from dozens of countries were implemented. With this, the index has posted 17 all-time closing highs in 2025 and drove Invesco QQQ QQQ, which serves as a proxy to the index, higher. While most of the stocks in…
By Nikhil Sharma and Pranav Kashyap (Reuters) -S&P 500 and Dow futures climbed on Wednesday, as investors assessed a fresh round of corporate earnings, while renewed optimism that the Federal Reserve will soon deliver long-awaited interest rate cuts kept markets buoyant. At 6:59 a.m. ET, S&P 500 E-minis were up 14.25 points, or 0.23%, Nasdaq…
As the U.S. stock market experiences fluctuations with major indices like the Dow Jones and S&P 500 retreating from early-session gains, investors are increasingly focused on companies with strong fundamentals amid concerns over tariffs and economic outlooks. In this environment, growth companies with high insider ownership can be particularly appealing, as insider confidence often signals…
(Bloomberg) — Wall Street had a lot riding on whether this week’s big-tech earnings would meet increasingly high expectations. By and large, the companies delivered. Most Read from Bloomberg Yes, the stock market finished the week on a down note with Friday’s selloff, which was in part sparked by mixed results from Amazon.com Inc. after…