GameStop stock soars nearly 50% on surprise quarterly profit, higher sales
Morningstar· 6 days agoGameStop Corp. stock jumped 48% in the extended session Tuesday after the specialty retailer reported a surprise quarterly profit and sales that were above Wall Street expectations ...
U.S. current account deficit drops 5.6% to $206.8B in 4th quarter
Market Watch· 5 days agoWASHINGTON (MarketWatch) The U.S. current-account deficit, a measure of the nation’s debt to other...
Carnival's stock turns lower as downbeat outlook overshadows 'phenomenal' bookings and revenue beat
Morningstar· 12 hours agoBy Tomi Kilgore Per-share loss outlooks for the fiscal second quarter and the fiscal year were wider than analyst expectations Shares of Carnival Corp. fell Monday, reversing ...
3 charts show U.S. bank failures causing stock-market pain beneath the surface
Market Watch· 9 hours agoKeith Lerner, chief market strategist at Truist, illustrated this dichotomy in performance between...
GameStop stock extends sharp bounce off 2-year low ahead of earnings report
Morningstar· 6 days agoGameStop has reported wider-than-expected loss in three of the past four quarters, but the has gained the day average each of the past four< ...
CytomX Therapeutics to Report Fourth Quarter and Full Year 2022 Financial Results on March 27, 2023
Market Watch· 5 days agoFollowing the announcement, the Company will host a conference call and webcast at 5:00 p.m. ET / 2:00 p.m. PT. Participants may access the live webcast of the conference call from the Events ...
Recession looks less likely for U.S., these economists say, but a 'slog' still lies ahead
Morningstar· 1 hour agoDespite the recent turmoil in the bank sector, a recession is still not the most likely outcome for the U.S. economy over the next two years, analysts at the Peterson Institute for International ...
Caterpillar stock takes a hit after Baird turns bearish, in second downgrade in six weeks
Morningstar· 12 hours agoShares of Caterpillar Inc. fell Monday, after Baird analyst Mircea Dobre turned bearish, citing the belief the construction- and mining-equipment maker was nearing a "cyclical pivot point" that ...
A recession isn't guaranteed to sink stocks, because market volatility actually isn't closely tied...
Morningstar· 6 hours agoWhile an economic recession carries huge repercussions, the ups and downs of the U.S. economy have little to do with the U.S. stock market's gyrations. Every day I review the latest newsletters ...
It's time to buy Dow's stock, says Deutsche Bank, citing high dividend and belief that 'earnings...
Morningstar· 7 days agoShares of Dow Inc. rallied Monday after Deutsche Bank analyst David Begleiter said it was time to buy, citing valuation and the belief that the worst for the chemical company's fundamentals ...