JPMorgan profit falls 42% on slowdown in deals, trading
JPMorgan Chase & Co reported a fall in first-quarter earnings on Wednesday, hurt by a slowdown in dealmaking brought on by the Ukraine conflict and a decline in trading revenue.
Used car prices jump 40%: CarMax
CarMax experienced a slowdown in fourth-quarter used car sales volume as its average retail selling price jumped 39.7% annually.
Consumer price index, inflation expectations, bank earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Rite Aid shares tank on Deutsche Bank downgrade
Rite Aid shares plunged on Thursday after Deutsche Bank downgraded the pharmacy retail chain and cut the stock's price target ahead of the release of its quarterly results next week.
Market showing 'warning signs' of recession: Federated Hermes CIO
Federated Hermes CIO Stephen Auth says major uncertainties are putting the market at risk for a recession.
Oil executive testimony, Fed minutes, Levi Strauss earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
COVID tests, vaccines help Walgreens beat expectations on earnings
Walgreens surpassed Wall Street expectations in the second quarter thanks to strong demand for COVID-19 tests and vaccines.
ICON Advisers CEO: Nike is on an earnings surge
Craig Callahan, founder and CEO of ICON Advisers, argues Nike's earnings will grow 25% year-over-year.
Tesla Delivery Day, Amazon union election, Nike earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Russia-Ukraine, inflation and jobs data, Apple event top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Smith & Wesson stock crushed as gun demand cools
Shares of Smith & Wesson Brands took a hit after the company's update on gun demand.
Costco earnings top expectations as supply concerns continue
Costco Wholesale reported quarterly revenue and profit topped Wall Street expectations as consumers purchased more groceries and splurged on high-margin items.
Target shares soar after dodging inflation, boosting 2022 outlook
Target's stock jumped Tuesday after the retailer reported an 8.9% jump in comparable sales and boosted its profit and sales forecasts for 2022.
Target misses holiday sales estimates, warns of more margin pain
U.S. retailer Target Corp on Tuesday fell short of analysts' sales expectations for the crucial holiday quarter and signaled no immediate relief from the squeeze on margins by decades-high inflation and rising labor costs.
Biden State of the Union, Powell testimony, Target earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
Lowe's stock jumps on strong housing renovations
Lowe's CEO is confident Americans will continue to invest in what is their biggest asset, their home.
Lowe's raises full-year forecast as home improvement demand holds steady
U.S. home improvement chain Lowe's Cos Inc lifted its full-year sales and profit forecast on Wednesday, as home improvement retailers benefit from resilient demand for tools and building materials.
Home Depot signals lumber prices will remain ‘volatile’
Home Depot's incoming CEO provided a fresh update on rising lumber prices during the company's earnings call.
Stocks sink, oil nears $100 per barrel as Biden sticks Russia with sanctions
Stock investors endured another volatile session as the Russia-Ukraine crisis continues.
Housing data, AT&T 3G shutdown, Macy's earnings top week ahead
FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.