Department Stores

Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones tumbled more than 200 points in the prior session. Investors are awaiting earnings results from Macy's, Inc. (NYSE: M), Alibaba Group Holding Limited (NYSE: BABA), Kohl's Corporation (NYSE:...

Some of the stocks that may grab investor focus today are: Wall Street expects Alibaba Group Holding Limited (NYSE: BABA) to report quarterly earnings at $1.93 per share on revenue of $32.07 billion before the opening bell. Alibaba shares rose 0.1% to $161.61 in after-hours trading. NVIDIA...

U.S. indices and bitcoin futures remain a focal point as they hold near all-time highs to begin the week, and both are testament that the risk-on environment we’ve seen this fall remains alive and well. Meanwhile, we have U.S. interest rates holding in a well-defined range and supportive of...

Tuesday starts the big box retail earnings kickoff with Walmart (NYSE: WMT) and Home Depot (NYSE: HD) before the market open. According to Zacks, Walmart has had strong earnings surprises for three of the last four quarters, with an average upside of 14.32%. It makes one wonder if they have...

Gainers Valneva SE (NASDAQ: VALN) shares surged 39.8% to close at $39.21 on Monday after the company reported VLA2001 met both co-primary endpoints in the Phase 3 pivotal trial Cov-Compare. Progenity, Inc. (NASDAQ: PROG) rose 39.7% to close at $2.99. Benzinga recently highlighted stock as a top 5...

Toward the end of trading Monday, the Dow traded down 0.20% to 35,223.86 while the NASDAQ rose 0.68% to 14,998.54. The S&P also rose, gaining 0.19% to 4,480.05. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 45,792,530 cases with around 744,...

Gainers Valneva SE (NASDAQ: VALN) shares jumped 34.6% to $37.75 after the company reported VLA2001 met both co-primary endpoints in the Phase 3 pivotal trial Cov-Compare. Greenpro Capital Corp. (NASDAQ: GRNQ) rose 23.2% to $1.1008 after jumping around 19% on Friday. Peabody Energy Corporation (...

People who were being lulled to sleep thinking the markets were boring got a wake-up call yesterday. The U.S. futures and European stock markets were trading higher Tuesday following massive losses on Monday. Asia booked modest gains—even as mainland China markets remained closed for a public...

Raymond James boosted the price target on The Estée Lauder Companies Inc. (NYSE: EL) from $355 to $375. Estée Lauder shares rose 0.1% to $327.75 in pre-market trading. Morgan Stanley raised the price target on Applied Materials, Inc. (NASDAQ: AMAT) from $139 to $150. Applied...

Gainers Sonnet BioTherapeutics Holdings, Inc. (NASDAQ: SONN) shares climbed 63.7% to close at $1.22 on Thursday after dropping 12% on Wednesday. Sonnet BioTherapeutics recently reported its financial results for the three months ended June 30th , 2021 and issued a business update. Sonoma...

Toward the end of trading Thursday, the Dow traded down 0.49% to 34,790.15 while the NASDAQ fell 0.07% to 14,515.39. The S&P also fell, dropping 0.14% to 4,394.20. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 37,017,890 cases with...

Midway through trading Thursday, the Dow traded down 0.40% to 34,819.43 while the NASDAQ rose 0.07% to 14,535.52. The S&P also fell, dropping 0.03% to 4,398.74. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 37,017,890 cases with around 623,...

Gainers Sonnet BioTherapeutics Holdings, Inc. (NASDAQ: SONN) shares jumped 141% to $1.7950 after dropping 12% on Wednesday. Sonnet BioTherapeutics recently reported its financial results for the three months ended June 30th , 2021 and issued a business update. Sonoma Pharmaceuticals, Inc. (NASDAQ...

In boxing, they say it’s the punch you don’t see coming that hurts the most. It’s the opposite today on Wall Street, where stocks are falling sharply despite a blow from the Fed that almost everyone probably knew was in the works. It probably didn’t surprise many investors...

Macy's Inc (NYSE: M) reported second-quarter FY21 sales growth of 58.7% year-on-year, to $5.65 billion, beating the analyst consensus of $4.98 billion. Comparable sales increased 61.2% on an owned basis and up 62.2% on an owned plus licensed basis versus Q2 2020. Comparable...