CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe‘s earnings report, as well as ones from Dollar General and Dollar Tree. He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation. “You need to … Read more
The Foot Locker logo is displayed in a store on May 19, 2023 in San Francisco, California. Justin Sullivan | Getty Images Shares of Foot Locker fell in premarket trading Wednesday after the sneaker retailer reported a holiday-quarter loss and issued weak guidance for the current year. Here’s how the company did in its fourth … Read more
The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour said Thursday that its holiday-quarter sales slowed, but its earnings beat estimates as the athletic apparel retailer worked to rein in costs. Soft demand in North America and a slowdown in wholesale … Read more
Peloton managed to turn a gross profit off of its pricey connected fitness products for a second quarter in a row, but the company said Thursday it expects more challenges ahead after it failed to reach a number of goals CEO Barry McCarthy outlined a year ago. The retailer delivered mixed results for its holiday … Read more
It’s not being talked about enough. This market move off the November lows and the Fed pivot — signaling an end to the central bank’s rate-hiking cycle — is one of the most astonishing and satisfying I have seen in 43 years of investing. In nine weeks, we blew through price targets on so many … Read more
