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    Lisa Su, president and chief executive officer of Advanced Micro Devices Inc. (AMD), speaks during a launch event in San Francisco, California, U.S., on Wednesday, Aug. 7, 2019.David Paul Morris | Bloomberg | Getty Images
    Traders work on the floor of the New York Stock Exchange (NYSE) on January 18, 2022 in New York City. The Dow Jones Industrial Average fell nearly 500 points in morning trading as investors weigh quarterly earnings and other economic news in a shortened trading week.Spencer Platt | Getty Images
    In this article PTONA woman walks in front of a Peloton store in Manhattan on May 05, 2021 in New York.John Smith | VIEW press | Corbis News | Getty ImagesAnalysts and investors are eager to get to know Peloton Chief Executive Officer Barry McCarthy and have him articulate his vision for the company's future. He will have the opportunity to introduce himself to Wall Street on Tuesday. The former Netflix and Spotify executive has been leading the connected fitness equipment maker for roughly three months since he assumed the role from the company's co-founder, John Foley. He took over as a slowdown in equipment sales and rampant spending were weighing on Peloton's profits. Some of McCarthy's efforts to bolster the company's financials and regain investors' confidence are already underway, as Peloton seeks new customers but also ways to make more money off of its current user base. The company recently slashed the prices of its equipment, including the Bike, Bike+ and Tread, in hopes of making the products more affordable for a bigger audience. On June 1, it plans...
    In this article LCID FSR NKLA Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021.Andrew Kelly | ReutersInvestors holding beaten-up electric vehicle stocks are bracing for first-quarter earnings reports, which start in earnest over the next few days. Year to date, the asset group has had a rough ride: The S&P Kensho Electric Vehicles Index is down roughly 25% since the beginning of 2022, and down 43% from its peak in February of last year. The index tracks electric automakers like Tesla and Honda as well as major auto-industry suppliers like Visteon and Lear. Some of the best-known stocks in the sector have fared even worse. They mostly claim little to no revenue, and minimal, if any, production — and three of them are set to report earnings over the next two days. First up, FiskerCalifornia-based EV startup Fisker will report after the markets close Wednesday....
    VIDEO2:3102:31Cramer previews next week's earnings slate, including Tyson Foods, Chipotle and PelotonMad Money with Jim Cramer CNBC's Jim Cramer on Friday offered viewers his game plan for the next five trading days on Wall Street. The "Mad Money" host's lookahead came after the S&P 500 and Nasdaq Composite posted their best weeks so far in 2022, finishing 1.5% and 2.4% higher, respectively. "This week we saw the true colors of what is a treacherous market," the "Mad Money" host said. If investors love a stock, there's "no level it won't be taken up to," he said. "But if it's hated? There are no depths it won't sink to. Either way ... it's likely to be an extreme." All revenue and earnings per share estimates are from FactSet.Monday: Tyson Foods, Two-Take Interactive and Simon Property GroupTyson Foods Q1 earnings release before the bell; conference call at 9 a.m. ET Projected EPS: $1.93 Projected revenue: $12.17 billion Cramer said the company's quarter should provide insights into the country's meat supply chain, which has experienced a host of challenges during the...
    A look at some of the key business events and economic indicators upcoming this week: CONSTRUCTION BELLWETHER The Commerce Department serves up its latest monthly tally of U.S. construction spending Tuesday. Construction spending rose on a monthly basis for most of last year, fueled in part by builders pushing to meet a wave of demand for new homes despite supply chain constraints for lumber and other building materials. Economists project that spending rose 0.7% in December. That would follow an increase of 0.4% in November. Construction spending, monthly percent change, seasonally adjusted: July 0.1 Aug. 1.0 Sept. 1.0 Oct. 0.4 Nov. 0.4 Dec. (est.) 0.7 Source: FactSet MIXED RESULTS? Facebook’s parent company Meta Platforms reports quarterly results Wednesday. Wall Street expects the company’s fourth-quarter earnings declined and its revenue rose compared to the same quarter in 2020. The social media giant, which also owns popular apps Instagram and WhatsApp, posted higher earnings in the first three quarters of 2021, buoyed by strong advertising revenue. ALL ABOUT JOBS Economists predict hiring in the U.S. slowed in January for...
    A look at some of the key business events and economic indicators upcoming this week: Fed meeting With inflation high and the economy strengthening, the Fed has made clear that it’s nearly ready to end its bond-buying program meant to keep longer-term rates low, as well as to raise short-term rates off their record low. When the Fed concludes its two-day meeting on Wednesday, many on Wall Street expect it to indicate that rates could begin rising in March. Higher rates would mark an end to the “easy mode” that investors have been enjoying since early 2020. Apple earnings Apple reports its latest quarterly results on Thursday. The tech giant alone accounts for roughly 6.8% of the S&P 500′s entire market value. It’s grown that big because it’s been able to churn out profits almost regardless of what the broader economy is doing. It will need to keep delivering strong growth if interest rates keep rising. Higher rates tend to lower the price that stock investors are willing to pay for each $1 of profit that a company produces....
    Cramer's Investing Club: Stocks sink this week ahead of Big Tech earnings next
    In this article WFCJim Cramer on CNBC's Halftime Report.Scott Mlyn | CNBCMarkets finished the week lower as investors attempted to "price in" (find an appropriate valuation level in the face of higher rates) the potential for as many as four Federal Reserve interest rate hikes by year end. Last week, we discussed what this means for those investors utilizing discounted cash flow models — arguably the most diligent way to determine a company's intrinsic value — so this week, let's take a look at valuation multiples, which are also used to determine the "terminal value" in a discounted cash flow (DCF) model. In general investors looking more near- to- mid-term (6 to 18 months out) will look at a company's price to earnings multiple, the multiple being placed on a company's near-term earnings. For example, Apple (AAPL) is expected to earn $5.76 per share this fiscal year — so at a price of $172, shares trade at just below 30x earnings. However, similar to reassessing the discount rate in a DCF model when rates rise, investors must also reassess valuation...
    A look at some of the key business events and economic indicators upcoming this week: Tyson Foods Tyson Foods reports its fourth-quarter results Monday. The Arkansas-based meat packer is expected to say it earned $2.09 a share in the quarter, up from $1.81 a year earlier, according to a survey by FactSet. Tyson’s shares have risen about 14% since August, when it turned in better-than-expected second-quarter results. Tyson is one of four companies (Cargill, JBS, Tyson Foods and National Beef Packing) that control over 80% of the U.S. beef market. Walmart Retail giant Walmart reports its third quarter results on Tuesday. The Arkanasas-based chain is expected to report profit of $1.40 a share, up from $1.34 a year earlier. In August Walmart raised its sales outlook for the year as Americans returned to shopping for back-to-school clothes and travel goods during the second quarter. But Walmart and other retailers face rising costs for everything from labor to shipping as supply chain back-ups hit companies worldwide. Victoria’s Secret Lingerie retailer Victoria’s Secret reports its third-quarter earnings on Wednesday. The Ohio...
    A look at some of the key business events and economic indicators upcoming this week: MIXED RESULTS? Walmart delivers its second-quarter results Tuesday. Wall Street predicts the retail giant’s second-quarter earnings increased from a year earlier, even as revenue declined. Walmart posted earnings and revenue growth in the first quarter as shoppers, many flush with U.S. stimulus payments, splurged on clothing and household goods. Investors will be listening for an update on sales trends heading into what’s normally the back-to-school season. HOUSING MARKET BELLWETHER New government data on residential construction should provide insight into the state of the new-home market. The Commerce Department is expected to report Wednesday that builders broke ground on new apartments and single-family homes last month at a seasonally adjusted annual rate of 1.61 million units. That would follow a pace 1.64 million housing starts in June. Supply chain problems caused by the pandemic have hamstrung builders, who have faced material shortages and inflated prices. Housing starts, monthly, seasonally adjusted annual rate: Feb. 1,447,000 March 1,725,000 April 1,514,000 May 1,546,000 June 1,643,000 July (est.) 1,608,000 ...
    VIDEO2:4702:47Trading Nation: Disney, Airbnb, Coinbase earnings on deck — Here's what to watchTrading Nation Coinbase's earnings report this week could be pivotal for the stock, one trader says. Though shares of the cryptocurrency trading platform have fallen from their initial public offering price, "that negativity's flushed out," Blue Line Capital founder and President Bill Baruch told CNBC's "Trading Nation" on Friday. "I think their user growth is going to exceed verified users of 60 million, and I think that's going to be sort of a benchmark that they're going to continue to feed on. Trading activity's where they get paid as well. I think that's going to pick up" even if major crypto assets such as bitcoin or ethereum struggle, he said. That bodes well for Coinbase's second-quarter report, scheduled for Tuesday afternoon, said Baruch, who owns bitcoin and ethereum. "There's a good trend line support it's coming off of and it's broken out of a wedge of resistance," he said. "I think this thing can go to 290-300 and I think earnings should be positive and the guidance should...
    In this article DKNG UBER MAR VIDEO4:3204:32Earnings lookahead: What to watch as Uber, DraftKings, Marriott reportTrading NationTravel stocks could headline this week's flood of earnings reports, two traders say. The second-busiest week of earnings season will see companies across a host of industries release their quarterly results. Twenty-eight percent of the S&P 500 is scheduled to report. Uber, Take-Two Interactive, Square, Eli Lilly, Beyond Meat, General Motors, Alibaba, Booking.com and DraftKings are just of the few names reporting. One trader has his eye on Marriott International, which reports Tuesday before the bell. "This is going to be a great clue as to how the reopening trade is really going and whether this delta variant is really starting to affect end-of-summer travel plans," Piper Sandler's senior technical research analyst Craig Johnson told CNBC's "Trading Nation" on Friday. The stock is in a position of strength heading into the report, Johnson added.Zoom In IconArrows pointing outwards"You can see a lot of optimism is getting built in," the chart analyst said. "You can see the nice downtrend reversal that has taken place....
    In this article AMZN GOOGL AAPL MSFT VIDEO4:4804:48Traders share what they're watching ahead of the busiest week of earnings seasonTrading NationMonday kicks off the busiest week of the earnings season. Some of the blockbuster names to report include Apple, Microsoft, Alphabet, Facebook, Amazon and Tesla – those six alone make up nearly $10 trillion in market cap. Altogether, roughly a third of the S&P 500 will release results. "I'm going to be watching four stocks very specifically," Craig Johnson, chief market technician at Piper Sandler, told CNBC's "Trading Nation" on Friday, pointing to Microsoft, Apple, Amazon and Alphabet. Those four stocks represent 20% of the entire weight of the S&P 500." How those four stocks move post-earnings could spur more gains for this market rally or derail it, Johnson warned. While the S&P 500 made highs as recently as Friday, the broader Russell 2000 has not broken records since mid-March. That suggests narrowing breadth to Johnson, giving outsized influence to those mega-cap stocks that are driving the rally on the benchmark S&P. "Those four mega cap stocks are really...
    In this article TXN CMG UAL VIDEO4:3604:36Three names traders are watching as earnings season ramps upTrading NationTraders are gearing up for a wild week on Wall Street. Netflix, Twitter, Johnson & Johnson, IBM and Coca-Cola are just a few of the S&P 500 names on deck to report as earnings season ramps up.  In a Friday interview with CNBC's "Trading Nation," Nancy Tengler, chief investment officer at Laffer Tengler Investments, had her sights set on Texas Instruments.  Not only is the chipmaker a major supplier to the auto industry, but its strong recent track record and capital allocation strategy make it a standout on a fundamental basis, Tengler said. "This is a company that pays all of its free cash flow back to shareholders," she said. "The stock has more than doubled the S&P's returns over the last 10 years." Still, Tengler remained cautious. "We really want to hear what they're saying about supply-chain disruptions that remain," she said. More broadly, however, she said the semiconductor trade is here to stay. "We think semis are no longer early cycle....
    In this article TMUS CVS TWLO PYPL PENN PTON FANG EL CNBC'S Jim Cramer said Friday that investors are getting an opportunity to buy shares of high-quality companies after a tough day of trading on Wall Street to close out the month. The major averages all fell less than 1% in the final session of April, making it a losing week for both the Dow Jones Industrial Average and the Nasdaq Composite. Considering the full month, the Dow rose 2.71% while the S&P 500 and Nasdaq advanced more than 5% as investors digested corporate earnings reports. "As we head into next week … remember that this earnings season has very high standards," the "Mad Money" host said. "Keep your eyes peeled for more stocks that could get crushed in the wake of great quarters, and then do some buying." Cramer gave his game plan for the week ahead. Earnings-per-share projections are based on FactSet estimates: Zoom In IconArrows pointing outwardsMonday: Estee Lauder, Diamondback Energy earningsEstee Lauder Q3 2021 earnings release: before market; conference call: 9:30 a.m. Projected...
    VIDEO2:3502:35Trading Nation: Tesla, Apple set to report earnings next weekTrading Nation It's one of the busiest stretches of the earnings season. More than a fifth of the S&P 500 companies and 13 Dow components will report on their latest quarter this week – those earnings range from bellwether tech companies such as Microsoft to industrials giants such as Caterpillar and 3M. Craig Johnson, chief market technician at Piper Sandler, says there's one earnings report that is the "elephant in the room" – Apple. "It's a big part of all these indexes," Johnson told CNBC's "Trading Nation" on Friday. "Apple's going to be the one to watch, and it's going to set the tone, just like what you've seen with Netflix, it set the tone with some of these FANG stocks." Apple, the largest publicly traded stock, has a roughly 7% weighting in the market cap-weighted S&P 500. It is set to report on Wednesday afternoon. Analysts surveyed by FactSet anticipate 13% earnings and 12% sales growth in its December-ended quarter. Johnson said Apple is setting up for a technical breakout...
    Paige Spiranac rips Logan Paul fight as ‘money grab’ Our readers favorite holiday things on Amazon Cramers week ahead: This is the time to speculate "If you want to speculate, this is the time to do it, just speculate wisely," CNBC's Jim Cramer said. "You've got my blessing to buy stocks into weakness as we move closer to the long-awaited vaccine, even if the much-needed stimulus bill is still up in the air," the "Mad Money" host said. "The market's ratcheted back its expectations, so if we do actually get a stimulus compromise next week, stocks could come roaring back," he said. With a Covid-19 vaccine use authorization from U.S. drug regulators imminent, CNBC's Jim Cramer said Friday the time is ripe to take on some risk in the market. Load Error "If you want to speculate, this is the time to do it, just speculate wisely," the "Mad Money" host said. "You've got my blessing to buy stocks into weakness as we move closer to the long-awaited vaccine, even if the much-needed stimulus bill is...
    VIDEO3:4603:46Two traders talk upcoming retail earnings as holiday season gears upTrading Nation Retail earnings are ramping up this week. Urban Outfitters reports on Monday, a day before Best Buy, Dick's Sporting Goods, Abercrombie and Fitch, Dollar Tree, Nordstrom, Gap and American Eagle Outfitters. All of their stocks are in the green year to date except for Nordstrom, which is down almost 48%. Gap has been this group's biggest gainer, up over 41%. With October retail sales missing expectations and a somewhat unpredictable holiday season around the corner, traders are on the lookout for anything that might indicate how the end-of-year spending story might play out for retailers. "The first name I'm going to be watching is Best Buy and the second name we're going to be watching is Dollar Tree," Craig Johnson, senior technical research analyst at Piper Sandler, told CNBC's "Trading Nation" on Friday. He pointed out that October's same-store sales numbers showed notable weakness in the clothing, food and drink and gasoline station categories. "When you look at this chart of Best Buy, it's in a very nicely...
    A Mount Rainier hiker was essentially dead for 45 minutes -- until a team of Seattle doctors revived his heart Iran shuts down businesses, restricts travel as it faces the Middle Easts worst COVID-19 outbreak 10 Best Stocks in the Nasdaq This Past Week: Tesla Rises © TheStreet 10 Best Stocks in the Nasdaq This Past Week: Tesla Rises The Nasdaq is up slightly in trading over this week and is barely up in trading on Friday. Stocks have been struggling in the Dow and the S&P 500 this week as the rising Covid-19 cases in the U.S. have investors concerned about a potential shutdown. Here are the best stocks in the Nasdaq for this past week by their performance in percentage change during trading on Nov. 20. Check back for updates. 1. Tesla Inc. TSLA | +19.86% | Price $489.61 Tesla's price target was upgraded by Morgan Stanley after the S&P 500 announced that it would be included in the index prior to trading on Dec. 21 on Monday. Load Error 2. Moderna MRNA...
    Tim Martin | Getty Images Tech companies had more to report Thursday night than the billions in profits they generated last quarter. They also painted a dire picture of the world as we head into the winter months with Covid-19 cases spiking across the U.S. and Europe, and the potential for a heavily contested presidential election. To recap: Amazon will spend $4 billion on Covid-related expenses this quarter. That's the same investment it made at the beginning of the pandemic as the country locked down and turned to online shopping instead. Amazon will spend the money testing employees for the virus, cleaning facilities, and making other changes it needs to keep things running in the world of Covid. Amazon is on pace to spend $11 billion for the year just to fight Covid-19. The company also said it couldn't accurately predict its operating income for this quarter due to uncertainty caused by the pandemic. Amazon gave extremely wide guidance, predicting between $1 billion and $4.5 billion. Who knows where it'll actually land. Apple CEO Tim Cook said that the spike...
    VIDEO6:0306:03Three 'E's dominate the markets this week — earnings, the economy and the electionTrading Nation The market is focusing this week on the letter 'E' – earnings, elections and the economy. Nearly 170 S&P 500 companies have earnings out this week, including from mega-cap names Apple, Amazon and Alphabet this Thursday. Third-quarter GDP out also on Thursday could add color to how the economy has rebounded from the second-quarter shutdowns. And, finally, the event all investors are watching, the U.S. presidential election, is in a week. Jonathan Golub, chief U.S. equity strategist at Credit Suisse, is laying out what to watch for each market-moving event. On earnings, Golub said the reports that have come in have blown expectations out of the water. "If you're looking at it from an earnings growth perspective, the earnings are down about 18%-20% versus where they were a year ago. However, if you look at it the way that investors look at it, which is how are the results coming in compared to what your expectations were, it's just fantastic," Golub told CNBC's "Trading Nation"...
    Dabo Swinney got super defensive over an innocuous question after Clemson win The No. 1 Reason You Should Call Instead of Text, According to Science Amazon, Alphabet, Facebook, Starbucks, Ford, GE, and More Major Earnings Coming This Week This week will be perhaps the biggest week of earnings season, with many major names reporting. The broad markets have made a handy recovery recently, and positive results could further lift the S&P 500, Dow Jones industrial average and Nasdaq to new all-time highs. With the likes of Alphabet, Amazon, Facebook and more reporting, the markets could keep running. 24/7 Wall St. has put together a preview of the most prominent earnings reports this week. We have included the consensus earnings estimates, as well as the stock price and trading history. Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well. © Provided by 24/7 Wall St. Pfizer Inc. (NYSE: PFE) fourth-quarter report is due early on Tuesday. The consensus estimates call for $0.71 in...
    Roval winners and losers The best fried foods around the world Third-quarter earnings season kicks off this week and results should be much better than expected Stock market bulls, rejoice.  Third quarter earnings season begins Tuesday with JPMorgan Chase.  © Provided by CNBC People walk by the New York Stock Exchange (NYSE) in lower Manhattan on October 5, 2020 in New York City. The good news: in the second quarter, companies delivered surprisingly large earnings beats as analysts underestimated the strength of the recovery.  That is happening again. The bad news: fourth quarter earnings — which is the quarter now on the minds of traders — remains hostage to the vaccine and reopening story, and to a lesser extent to the election. Third quarter estimates rising, an unusual development In most quarters, estimates for the quarter start out high, and then are adjusted downward — typically by 3% to 5% — as the quarter ends because analysts are too optimistic. Not in the third quarter.  Analysts started out assuming that the S&P 500 would see an earnings decline of 25% compared to the...
    A look at some of the key business events and economic indicators upcoming this week: SERVICES SNAPSHOT The Institute for Supply Management releases its September index on the service sector Monday. Growth in the U.S. services sector, where most Americans work, slowed in August after bouncing back in June and July. The Institute for Supply Management index of services activity fell in August to a reading of 56.9. Any reading above 50 indicates growth. April 41.8 May 45.4 June 57.1 July 58.1 Aug. 56.9 Sept. (est.) 56.2 Source: FactSet HOT DOMINO’S Domino’s releases its third quarter earnings on Thursday. This pizza delivery company has crushed expectations the past two quarters. Like other takeout and food delivery services, Domino’s has benefitted from people hunkering down at home during the pandemic. Analysts surveyed by FactSet expect the Ann Arbor, Michigan company to post EPS of $2.78 for the period. TRACKING UNEMPLOYMENT The Labor Department releases weekly unemployment claims data on Thursday. The number of people applying for jobless aid remains historically high. Last week, the government said 837,000 Americans put...
    A leader of all humanity: Ruth Bader Ginsburg was a hero, icon, fighter for women and girls across the nation This is how Americas fast food has changed in every decade KB Home, Nike, Stitch Fix, Rite Aid and More Earnings Coming This Week 24/7 Wall St. has previewed some of the key companies expected to report results this week. We have included the consensus earnings estimates from Thomson Reuters and the stock price and trading history. Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies change earnings dates as well. © Provided by 24/7 Wall St. AutoZone Inc.’s (NYSE: AZO) fiscal fourth-quarter report is scheduled for Tuesday before the opening bell. The consensus forecast calls for earnings per share (EPS) of $24.65 on $4.13 billion in revenue. Shares ended the week above $1,205.28 apiece. The consensus price target is $1,342.38, and the 52-week trading range is $684.91 to $1,274.41. Load Error KB Home (NYSE: KBH) is due to post its fiscal third-quarter report late on Tuesday....
    Zverev rallies by Carreno Busta to reach U.S. Open final These Are the 4 Places People Went Before They Got COVID, Study Says Cramers week ahead: This markets badly in need of another stimulus package CNBC's Jim Cramer on Friday took a look at the week ahead for Wall Street and gave his thoughts on the newsiest events marked on his calendar. Load Error "I know it's not a huge news week, but this market's badly in need of another stimulus package," the "Mad Money" host said. "I think the next move hinges on whether or not Congress can get its act together to pass something, an event the market needs to break out of its doldrums." The comments come after the stock market toiled through a mixed day of trading to close out one of the most volatile weeks for stocks in months. The Nasdaq Composite was the only major index to fall during the session, slipping 0.6% to 10,853.54 at the close as Big Tech stocks continued to decline from record highs. The S&P 500 inched...
    CNBC's Jim Cramer on Friday took a look at the week ahead for Wall Street and gave his thoughts on the newsiest events marked on his calendar. "I know it's not a huge news week, but this market's badly in need of another stimulus package," the "Mad Money" host said. "I think the next move hinges on whether or not Congress can get its act together to pass something, an event the market needs to break out of its doldrums." The comments come after the stock market toiled through a mixed day of trading to close out one of the most volatile weeks for stocks in months. The Nasdaq Composite was the only major index to fall during the session, slipping 0.6% to 10,853.54 at the close as Big Tech stocks continued to decline from record highs. The S&P 500 inched up just 0.05% to 3,340.97, and the 30-stock Dow moved up 131.06 points for a 0.48% growth to 27,665.64. The S&P 500 experienced its worst week since late June and its second-straight weekly loss for the first time since...
    A look at some of the key business events and economic indicators upcoming this week: Zoom boom Zoom Video Communications reports its second-quarter results on Monday. The San Jose, California-based video-conferencing service powers everything from distance learning to business meetings to casual, socially distant get-togethers. At the end of the first quarter, it had 265,400 customers with more than 10 employees, more than four times the year-earlier total. Losses in store Macy’s reports its second-quarter earnings on Wednesday. The New York City-based chain of nearly 800 department stores including Macy’s and Bloomingdale’s is pivoting its Black Friday business more toward online and will likely be going “full force” with marketing right after Halloween. Macy’s posted a massive loss in the first quarter as shutdowns to curb the spread of the coronavirus took a big financial toll. It’s forecast to have continued losing money in the second quarter. Toro Toro Toro Lawnmower maker Toro is expected to report a second consecutive quarter of falling earnings on Thursday. The Bloomington, Minnesota-based company also makes Boss snowplows and Lawn-Boy grass...
    UNC-Chapel Hill fall semester going online amid COVID-19 outbreaks, one week into classes Niven Patel’s New Miami Restaurant Is Giving Him Hope Still No Coronavirus Relief, Retail Earnings This Week The uncertainty around the government's coronavirus relief is likely to loom among investors and reflect in stock market activity as it did today. Congress is in recess until mid-September and there is still no stimulus deal. © (Getty Images) Capitol Building from Pennsylvania Avenue, Long exposure, Washington DC The main focus of this week for investors will be on retail earnings from Home Depot, Lowe’s, Target and Walmart, among many others. The pandemic has proved to be difficult for some big-name retailers who have filed for Chapter 11 bankruptcy, but those that have a strong e-commerce presence are expected to fare well. Load Error Stocks leading the tech stock rally today included Amazon, Microsoft and Alphabet, which contributed to the Nasdaq edging higher. Tesla also surged more than 11% before the closing bell. The Dow Jones Industrial Average fell 0.31% to 27,845, the S&P 500 gained...
    A look at some of the key business events and economic indicators upcoming this week: IMPROVE THIS Home Depot reports its second-quarter results Tuesday. The world’s biggest home improvement chain is expected to show that its earnings and revenue increased in the May-July period from a year earlier. Beyond earnings, investors will be listening for details on how customer traffic trends are faring in the current quarter. The chain has benefited as locked-down customers spent more to remodel their homes. MIXED RESULTS? Wall Street expects that Target’s latest quarterly snapshot will show mixed results. Analysts predict the retailer’s second-quarter earnings declined from a year earlier, even as revenue increased. The company has enjoyed strong online sales growth as the pandemic put millions in lockdown. Meanwhile, customers shopping at Target stores have been buying more items per visit. Target reports its quarterly results Wednesday. HOUSING MARKET MONITOR Economists project that sales of previously occupied homes increased in July for the second month in a row. The National Association of Realtors is expected to report Friday that sales accelerated to a...
    Laremy Tunsil’s “main goal” is cutting down on penalties Lenny Kravitz Showed Off His Ripped Six-Pack Abs While Feeding His Dogs Stocks week ahead: How much longer can this greed-fueled rally last? Is the stocks rally turning into a bubble? Consider the evidence: The S&P 500 and Nasdaq are not far from record highs. The VIX volatility index has plunged in the past month. © Mark Lennihan/AP There has also been a crazy run this summer in speculative stocks like Kodak, which is apparently a drug company now, and bankrupt companies such as Hertz. Load Error Then there's the surge in demand for many unprofitable initial public offerings and special purpose acquisition corporations like DraftKings and Nikola going public through blank check mergers. And the CNN Business Fear & Greed Index, which measures seven indicators of investor sentiment, is not far from Extreme Greed levels. The Wall Street euphoria suggests that this could be another bubble or market mania. They don't tend to end well. So is this rally running on fumes? There are growing...
    Bubble hockey begins: NHL playoff teams adjust to quarantine How to properly water and take care of plants: Experts weigh in This is the most overwhelming week of earnings season, Jim Cramer says "You need to understand that this week is about one thing and one thing only: It's about earnings. First time it's been like that in a while," CNBC's Jim Cramer said. "This is the most overwhelming week of earnings season, when a ridiculous number of companies report at the exact same time," the "Mad Money" host said. CNBC's Jim Cramer on Monday gave investors his thoughts on what's to come in a jammed-pack week of corporate earnings reports. Load Error "You need to understand that this week is about one thing and one thing only: It's about earnings. First time it's been like that in a while," the "Mad Money" host said. "This is the most overwhelming week of earnings season, when a ridiculous number of companies report at the exact same time." Stocks traded higher on Monday and the technology sector led...
    VIDEO3:0403:04Cramer looks ahead to earning reports from Facebook, Amazon, Alphabet and AppleMad Money with Jim Cramer CNBC's Jim Cramer on Monday gave investors his thoughts on what's to come in a jammed-pack week of corporate earnings reports. "You need to understand that this week is about one thing and one thing only: It's about earnings. First time it's been like that in a while," the "Mad Money" host said. "This is the most overwhelming week of earnings season, when a ridiculous number of companies report at the exact same time." Stocks traded higher on Monday and the technology sector led the way with the Nasdaq Composite posting a 1.67% gain, settling at 10,536.27 at the close. The Dow industrials index moved almost 115 points, or 0.43%, to 26,584.77 and the S&P 500 broad index climbed 0.74% to 3,239.41 Some of the biggest names in tech are set to report quarterly earnings later this week. These reports will reveal the temperature of the market, Cramer said.  Amazon, Apple and Alphabet are some of the headliners this week and the host said...
    Dana White expects Abu Dhabi to host various title fights, including UFC lightweight champion Khabib Nurmagomedov How to Slow Down Aging in Your 20s, According to a Dermatologist Tesla’s earnings on tap this week: Will a loss end its blowout stock rally? ECONOMIC PREVIEW © Bloomberg News/Landov Tesla Inc. vehicles out of company's plant in California in May. Tesla Inc.’s second-quarter results come amid another massive rally for the stock, which has boosted the company’s valuation to nearly $300 billion. Load Error The Silicon Valley car maker (TSLA) is expected to report quarterly numbers on Wednesday after the bell. A call with analysts at 5:30 p.m. Eastern will follow. Tesla’s shares have quadrupled in price this year, with volume nearly tripling this week from a six-month average. The rally has pushed the electric car maker’s market value to around $280 billion, making Tesla the most valued car company in the world after Japan’s Toyota Motor Co. (TM) which sold more than 10 million vehicles last year, including 2.4 million in North America. Don't miss: Tesla...
    VIDEO5:3605:36Top earnings reports to watch in the week aheadTrading Nation Earnings season has begun in earnest. Nearly 90 S&P 500 companies and eight Dow components are slated to report earnings this week, according to FactSet, in a quarter clouded by impartial data and shoddy guidance. The second quarter marked a slight upturn in the U.S. economy from its crippling March lows, but the jury's still out on whether the market will see a V-shaped recovery. With analyst estimates on the fritz, traders are looking to other metrics for signs of what could play out. "What I think investors have to watch is continuing revisions," Gina Sanchez, founder and CEO of Chantico Global, told CNBC's "Trading Nation" on Friday. "Analyst revisions tell you information about what they're getting in real time and how they're adapting their earnings estimates." "If you look at the extremes, that's where most of the interesting outcomes have come — companies that have had very, very high estimates that simply can't live up to those expectations and companies that have extremely pessimistic estimates and [are] able to...
    A look at some of the key business events and economic indicators upcoming this week: A STEP BEHIND Macy’s reports preliminary earnings for the first quarter Tuesday and expectations are low. Macy’s and other mall-based clothing chains have struggled to adapt to store closures due to the coronavirus pandemic. Macy’s has already said sales were down 45% and that it could have a loss of at least $1 billion in the quarter. Due to business disruptions because of the coronavirus pandemic, the New York-based retailer pushed back its full first-quarter earnings release to July 1. FEDERAL RESERVE MEETS Most observers expect that Federal Reserve officials will make few changes to their interest rate policy when it meets Tuesday and Wednesday, keeping rates pinned near zero. Fed policymakers are expected to debate potential future steps such as setting a more explicit timetable for how long they might continue purchasing billions of dollars in Treasurys and other securities and when they might raise interest rates. Chair Jerome Powell may also announce further details about the Fed’s lending programs, including...
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