Experts share June market predictions
Seaport Securities’ Teddy Weisberg and Revere Securities’ Scott Fullman predict little change for the month of June but encourage investors go ‘fishing’ for opportunities.
Rising interest rates bad for tech stocks: Expert
Evercore ISI head of internet research Mark Mahaney weighs in on tech stocks following a massive drop and inflation.
Economist warns US backdrop a 'whipsaw'
Piper Sandler chief global economist Nancy Lazar warned the employment picture and wage gains are “going to get weaker” because company profits are declining.
Jobs report, GameStop earnings, home prices top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days, including earnings reports and a union vote.
Friday's Trading: 5 things you should know
Here are the key events taking place on Friday that could impact trading, including income and spending numbers, as well as consumer sentiment.
Despite soaring inflation, consumer still 'very strong': Former Toys ‘R’ Us CEO
Gerald Storch, Storch Advisors CEO and former Toys ‘R’ Us Chairman & CEO, weighs in on the retail sector on 'Varney & Co.'
Thursday's trading: 5 things you should know
Here are the key events taking place on Thursday, May 26, 2022, that could impact trading on the stock market, including the GDP estimate, jobless claims and retail earnings.
Toll Brothers earnings top estimates, shares rise
Luxury homebuilder Toll Brothers' second-quarter fiscal report topped Wall Street expectations, with earnings at $220.6 million and revenue of $2.28 billion.
Inflation hits Best Buy annual sales
Best Buy said it was expecting full-year comparable sales to fall 3% to 6%, compared with its previous forecast of a 1% to 4% drop.
Big name retailers continue to get ‘squeezed’ by inflation and supply chain costs: Larry Cheng
Volition Capital managing partner Larry Cheng discusses his outlook for the stock market and analyzes the significant earnings misses for large retailers on ‘Varney & Co.’
Kohl's becomes latest retailer to warn of inflation eating into profits
The company said it expects fiscal 2022 per share adjusted earnings of $6.45 to $6.85, compared with its previous forecast of $7.00 to $7.50.
Federal Reserve doing ‘very little’ to alleviate financial pain: Marc Lopresti
The Strategic Funds managing director discusses the Federal Reserve and their response to rising costs in the retail sector on ‘Mornings with Maria.’
Lowe's sales disappoint as late spring hurts seasonal demand
Americans hunkered down during the lockdowns engaged in more do-it-yourself (DIY) home projects, lifting sales of paint and building materials at Lowe's and bigger rival Home Depot in 2020.
Target profit halves on rising costs, warns of bigger margin hit
The bleak results come a day after larger rival Walmart Inc cut its annual profit view, even though both retailers clocked better-than-expected quarterly sales.
Is the US in a recession?
University of Akron Endowment Investment Committee Chair Dennis Gartman, Payne Capital Management President Ryan Payne and Creative Planning CEO Peter Mallouk weigh in on earnings and the potential for a recession.
Walmart shares slide as inflation hits profits
Walmart attributed the profit miss to higher wage expenses as declining omicron cases led to overstaffing, higher inventory and higher costs for shipping, storage, food and fuel due to inflation, which is currently running near a 40-year-high.
Stocks rally as retail earnings kick off
FOX Business' Stuart Varney and Susan Li discuss the top market stories as trading opens.
Walmart cuts full-year profit forecast as fuel, labor costs spike
The company has fared better than most rivals in maintaining inventory levels due to its massive scale and negotiating power with suppliers, but costs have soared as it expedited shipments and chartered cargo ships to get products on shelves.
Home Depot raises annual sales forecast on steady demand
The company now expects comparable sales to increase about 3% in fiscal 2022, compared to its previous forecast of a slight positive growth.
Affirm CEO tells shareholders how he will turn the stock around
Affirm co-founder and CEO Max Levchin discusses how consumers can regain spending power as inflation surges on ‘The Claman Countdown.’