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Kimberly-Clark, Electronic Arts And 2 Other Stocks Insiders Are Selling
Wednesday, August 30, 2023 - 7:54am | 689The Nasdaq 100 closed higher by over 2% on Tuesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales...
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Tuesday's Market Minute: Retail Earnings Winners & Losers
Tuesday, August 29, 2023 - 11:23am | 444With earnings season coming to a close, several retailers are set to report this week to wrap up the quarter. PVH Corp. reports Tuesday after the close, with Five Below (NASDAQ: FIVE), Chewy (NYSE: CHWY), and Victoria’s Secret (NYSE: VSCO) releasing Wednesday also after the closing bell...
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When Titans Meet: Macy's Partner With Gap For Sleepwear And Intimates Collections
Tuesday, August 29, 2023 - 11:21am | 309Macy's Inc (NYSE: M) has partnered with Gap, Inc. (NYSE: GPS) to launch an exclusive collection of sleepwear, underwear and intimates for men and women. The move marks the first-ever partnership between these two brands. The product categories will offer an assortment...
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What To Expect From Lululemon's Q2? Analyst Sees Momentum, New Stores and Global Expansion
Friday, August 25, 2023 - 2:07pm | 425Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), with a price target of $430. The analyst is remarkably upbeat about LULU's results and applauds the company's investment in future growth opportunities (...
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Nvidia's Strong Quarter Has Tech Poised For Further Upside As Investors Prep For Powell Speech
Thursday, August 24, 2023 - 11:26am | 2066(Thursday market open) Yesterday’s tech-driven rally appears to be extending into Thursday after chipmaker Nvidia (NASDAQ: NVDA) reported a blowout quarter last night, fueling bullishness over artificial intelligence (AI). Nvidia shares surged in premarket trading after the...
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From Weight Gain Compensation to Racial Discrimination: McDonald's in the Legal Spotlight
Thursday, August 24, 2023 - 8:16am | 501Today's top stories for McDonald's Corp. (NYSE: MCD) encompass a labor-related compensation case in Brazil, a racial discrimination lawsuit in Chicago, and the introduction of a new McFlurry flavor in Australia. Franchise Labor Issues: In Sao Paulo, Brazil, a court has...
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Bioventus And 3 Other Stocks Under $5 Insiders Are Buying
Wednesday, August 23, 2023 - 8:23am | 596The Dow Jones closed lower by 175 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below...
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Marvell Technology To Rally Around 18%? Here Are 10 Other Analyst Forecasts For Wednesday
Wednesday, August 23, 2023 - 8:15am | 533Roth MKM lowered the price target for Canadian Solar Inc. (NASDAQ: CSIQ) from $70 to $50. Roth MKM analyst Justin Clare maintained a Buy rating. Canadian Solar shares gained 0.3% to $26.88 in pre-market trading. Mizuho boosted The Williams Companies, Inc. (NYSE: WMB) price target from $40 to $...
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Tech Sector Aims To Follow Monday's Bounce As Investors Mark Time Ahead Of Fed Chair's Friday Speech.
Tuesday, August 22, 2023 - 1:12pm | 2126(Tuesday market open) U.S. stocks ended a four-day slide Monday with help from the technology sector, which seems poised to provide a further boost Tuesday, overshadowing mixed earnings from retailers Dick’s Sporting Goods (NYSE: DKS), Lowe’s (NYSE: LOW), and...
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Why Macy's Are Trading Lower By Around 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 22, 2023 - 12:49pm | 1455Gainers Fulcrum Therapeutics, Inc. (NASDAQ: FULC) shares jumped 42.8% to $5.60 after the FDA lifted clinical hold on the company’s FTX-6058 for sickle cell disease. VinFast Auto Ltd. (NASDAQ: VFS) gained 42% to $24.96. Axcella Health Inc. (NASDAQ: AXLA) shares climbed 37.3% to $0.2101 after...
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Blink Charging Inks Deal To Provide EV Charging To McDonald's Locations In Puerto Rico
Tuesday, August 22, 2023 - 11:08am | 282Blink Charging Co (NASDAQ: BLNK) has entered into an agreement with Arcos Dorados Holdings Inc. (NYSE: ARCO) to provide EV charging solutions to five restaurants in Puerto Rico. Arcos Dorados is an independent McDonald's Corporation (NYSE: MCD) franchisee and a quick-...
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US Stocks Mixed; Lowe's Posts Upbeat Earnings
Tuesday, August 22, 2023 - 9:00am | 843U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining over 50 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.07% to 34,439.33 while the NASDAQ rose 0.43% to 13,555.37. The S&P 500, also rose, gaining, 0.20% to 4,408.63. Check This Out: Top 5...
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Macy's Posts Q2 Earnings Above Street View; Stock Slides On Warning About Persisting Macro Uncertainty
Tuesday, August 22, 2023 - 8:14am | 361Macy's Inc (NYSE: M) reported a second-quarter FY23 sales decline of 8.4% year-on-year to $5.13 billion, beating the analyst consensus of $5.09 billion. Brick-and-mortar sales decreased 8%, and Digital sales dropped 10% Y/Y. Comparable sales decreased 8.2% on an owned basis and...
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Lowe's Clocks Mixed Q2 Performance, Stock Rises On Reaffirmed Annual Outlook
Tuesday, August 22, 2023 - 5:47am | 288Lowe's Companies Inc (NYSE: LOW) reported a second-quarter FY23 sales decline of 9.17% year-on-year to $24.96 billion, marginally missing the analyst consensus of $24.99 billion. Comparable sales decreased 1.6%. The company saw strong spring recovery and Pro and online sales...
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Poised For Rebound As Investors Await Fed Leader's Jackson Hole Address
Monday, August 21, 2023 - 4:04pm | 2058(Monday market open) Given how the markets hang on every word spoken publicly by Federal Reserve Chair Jerome Powell, it only seems like he’s always speaking from a mountain top. This week, he will come close to making that metaphor literal. Powell’s speech on Friday morning at the...