Finance

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. The S & P 500 advanced 0.7% Thursday, despite tech behemoth Nvidia’s post-earnings decline. Shares of the AI chipmaker tumbled 3.5% after the company handily beat estimates on the top

Best Buy ‘s quarterly beat and guidance raise on Thursday was good for a 15% pop in the stock as investors rewarded better execution and the promise of wider adoption of AI devices and lower interest rates. Revenue in the company’s fiscal 2025 second quarter fell 3.1% year over year to $9.29 billion in the

In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT Signage at a Lululemon store in New York, US, on Thursday, Aug. 22, 2024. Lululemon Athletica Inc. is scheduled to release earnings figures on August 29.  Yuki Iwamura | Bloomberg | Getty Images Lululemon lowered its guidance and posted its first revenue miss in more

In this article ULTA Follow your favorite stocksCREATE FREE ACCOUNT An Ulta Beauty store in New York, US, on Monday, Aug. 19, 2024.  Yuki Iwamura | Bloomberg | Getty Images Ulta Beauty shares fell 7% in extended trading Thursday as the company fell short of second-quarter expectations and trimmed its full-year guidance after a decline

In this article MDB Follow your favorite stocksCREATE FREE ACCOUNT Dev Ittycheria, CEO, MongoDB. Scott Mlyn | CNBC MongoDB shares jumped as much as 16% in extended trading on Thursday after the database software maker reported healthy fiscal second-quarter earnings and pushed up full-year guidance. Here’s how the company did against LSEG consensus: Earnings per

Facade of GAP retail store with logo sign on sunny day, San Francisco, California, June 7, 2024.  Nurphoto | Nurphoto | Getty Images Gap shares were halted Thursday morning after its quarterly earnings results were apparently released early. The apparel retailer is set to post second-quarter earnings after the closing bell Thursday. But Bloomberg reported

Nvidia ‘s financials released after Wednesday’s close weren’t quite the $4 billion “Triple Lindy” of upside many investors were hoping for. But they were darn close, which avoided a feared massive sell-off in one of the three U.S. companies in the $3 trillion market cap club. Revenue for at the AI semiconductor powerhouse’s fiscal 2025

In this article ANF Follow your favorite stocksCREATE FREE ACCOUNT An Abercrombie & Fitch store in the Soho neighborhood of New York, US, on Monday, Aug. 19, 2024. Abercrombie & Fitch Co. is scheduled to release earnings figures on August 28. Photographer: Yuki Iwamura/Bloomberg via Getty Images Yuki Iwamura | Bloomberg | Getty Images Abercrombie

In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Signage outside a Nordstrom Rack retail store in New York on Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Nordstrom on Tuesday posted earnings that blew past Wall Street’s expectations, indicating the department store is making strides in its efforts to cut costs

In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters For Nvidia investors, the past two years have been a joyride. But recently they’ve been on more of a roller coaster. As

On Aug. 5, we awoke to a market upside-down. Japanese stocks, so strong this year, had crashed, literally crashed, down 12%, a hideous decline, worst since 1987. Oddly, there was nothing wrong. The yen had strengthened, forcing investors who had borrowed yen to buy our stocks and others around the world to put up more

Wall Street takes back-to-back weekly gains and an overbought market into an important week featuring Nvidia earnings and the latest reading on the Federal Reserve’s favorite inflation gauge. Fed Chairman Jerome Powell on Friday gave the speech from Jackson Hole that investors wanted to hear. The S & P 500 and Nasdaq bounced back from

In this article M Follow your favorite stocksCREATE FREE ACCOUNT Macy’s logo is seen on a store in Manhattan, New York, United States of America, on July 5th, 2024.  Beata Zawrzel | Nurphoto | Getty Images Macy’s cut its full-year sales forecast Wednesday, as the department store operator said it is contending with selective shoppers

In this article TJX Follow your favorite stocksCREATE FREE ACCOUNT A Marshalls and HomeGoods store entrance in Miami, Florida.  Jeff Greenberg | Universal Images Group | Getty Images TJX Companies raised its full-year guidance on Wednesday after posting another quarter of strong sales, but its outlook still fell just short of Wall Street’s expectations. The

TJX Companies on Wednesday held up its end of the bargain for consumers and investors — delivering a great quarter and strong guidance. It’s no wonder shares of the off-price retailer — already up 21% for the year before the release — were jumping another roughly 6% in afternoon trading and heading for record high

In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Peloton said Thursday it is digging itself out of the red and eked out a slight sales increase for the first time in nine quarters as it slashed its overall losses.  The beleaguered connected fitness company, which is currently being run by two board members

In this article CAVA Follow your favorite stocksCREATE FREE ACCOUNT Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and revenue. Shares of the company rose 7% in extended

In this article GM BILL WDAY INTU ROST UBER CAVA Follow your favorite stocksCREATE FREE ACCOUNT Customers arrive at a Cava restaurant in New York City, U.S., June 22, 2023.  Brendan Mcdermid | Reuters Check out the companies making headlines after the bell:  Cava Group — The fast-casual restaurant brand saw shares climb nearly 6%