In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT A Walmart in Atlanta, Georgia, on Sunday, Feb. 19, 2023. Dustin Chambers | Bloomberg | Getty Images Walmart will report fiscal first-quarter earnings before the bell on Thursday, after Home Depot and Target said shoppers have pulled back on big-ticket items and discretionary purchases. Here’s
In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty Images Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company, while the
In this article BBWI Follow your favorite stocksCREATE FREE ACCOUNT Bath & and Body Works entrance. Jeff Greenberg | Getty Images Bath and Body Works‘ stock jumped more than 10% in premarket trading Thursday after it beat fiscal first quarter earnings expectations and raised its guidance. While sales and net income fell year over year,
In this article MU TTWO BOOT BABA 6758.T-JP ZION Follow your favorite stocksCREATE FREE ACCOUNT Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Check out the companies making headlines before the bell Thursday. Walmart – Shares
Lorie K. Logan, the newly appointed Federal Reserve Bank of Dallas president and chief executive, is pictured in this undated handout image, obtained on May 11, 2022. Dallas Federal Reserve | via Reuters Dallas Federal Reserve President Lorie Logan said Thursday that the economic data points so far don’t justify skipping a rate increase at
In this article CDI-FR MC-FR Follow your favorite stocksCREATE FREE ACCOUNT Luxury giant LVMH Moët Hennessy Louis Vuitton, more commonly known as LVMH, has grown into a $500 billion powerhouse conglomerate of 75 distinguished brands, or “maisons,” rooted in six different sectors — with no plans to slow down. The company recorded revenue of 79.2
Elon Musk says his days of trying to sleep less and work more are over — at least, relatively speaking. The Tesla, SpaceX and Twitter CEO, who referred to himself just last year as “fairly nocturnal,” has a history of pulling all-nighters and sleeping under his desk to get work done. Now, he makes an
Jayme Thornton | Tooga Productions | Getty Images The IRS is testing a system that would allow taxpayers to file federal tax returns for free online directly with the agency, with a pilot program launching for some filers next year. Known as Direct File, the pilot program will begin during the 2024 filing season, following
Most young investors claim they are going to invest more money in the stock market this year compared to 2022 but, in fact, many of them have been doing exactly the opposite. That’s according to Bankrate, which released a new survey Wednesday that found 53% of Gen Z and 43% of millennial investors said they
In this article ABNB Follow your favorite stocksCREATE FREE ACCOUNT One of Airbnb’s most wish-listed properties in 2023 is on the market. The Joshua Tree, California-home is for sale at an asking price of $18 million, making it the most expensive home to ever hit the market in the town located about two hours southeast
Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Sales of previously owned homes fell 3.4% in April from March to a seasonally adjusted, annualized pace of 4.28 million units, according to the National Association of
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT Locked up merchandise, to prevent theft in Target store, Queens, New York. Lindsey Nicholson | Universal Images Group | Getty Images Target said Wednesday that organized retail crime will fuel $500 million more in stolen and lost merchandise this year compared with a year ago.
Carla Gottgens | Bloomberg | Getty Images Americans are upbeat on gold and have soured on stocks — perhaps to their detriment. Twenty-six percent of Americans ranked gold as the best long-term investment in 2023, almost double the 15% who thought so in 2022, according to a recent Gallup poll. The share surpassed that of
Sen. Bernie Sanders, I-Vt., speaks at a press conference outside the U.S. Capitol Building on May 4 in Washington, D.C. Anna Moneymaker | Getty Images News | Getty Images For many Americans, a medical emergency can lead to a financial crisis due to the high cost of health care in the U.S. This week, Sen.
Chinese tech giant Tencent released quarterly results Wednesday. Nurphoto | Nurphoto | Getty Images Tencent reported an 11% jump in first-quarter revenue on Wednesday, marking the fastest growth in more than a year. Here’s how Tencent did in the first quarter, versus Refinitiv consensus estimates: Revenue: 150 billion Chinese yuan ($21.4 billion) vs. 146.09 billion yuan
In this article SNPS CSCO BOOT TTWO Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in extended trading. Take-Two Interactive Software — Shares jumped 8.1% Wednesday during after hours trading. The video game company reported $1.39 billion in adjusted revenue in the fiscal fourth quarter, topping analysts’ estimates of $1.34 billion,
Elon Musk is concerned about his eight children’s future careers — especially if his kids have to compete with artificial intelligence for their dream jobs. “How do we actually find fulfillment, how do we find meaning in life, if AI can do your job better than you can?” Musk wondered aloud in an interview with
In this article SPCE Follow your favorite stocksCREATE FREE ACCOUNT Carrier aircraft VMS Eve is seen in the background shortly after releasing VSS Unity, which is firing its engine and acclerating during the company’s fourth spaceflight test, Unity 22, carrying founder Richard Branson on July 11, 2021. Virgin Galactic Virgin Galactic is targeting as early
In this article TGT Follow your favorite stocksCREATE FREE ACCOUNT A customer is seen in the parking lot of the Target store at the Paxton Towne Centre near Harrisburg. Paul Weaver | Lightrocket | Getty Images Target will report fiscal first-quarter earnings before the bell as pricier groceries, rising mortgage rates and summer vacations weigh
Pgiam | Istock | Getty Images The IRS flagged more than 1 million tax returns for potential identity theft during the 2023 tax season, according to the U.S. Department of the Treasury, signaling that such fraud continues to be a pervasive problem for taxpayers. Tax-related identity theft occurs when criminals use a taxpayer’s personal information