News

Musk downplays margin pain on road to self-driving future

Elon Musk is making a calculated bet: sacrifice margins now for better ones later when full self-driving software is completely integrated into Tesla cars. It’s a plan that could intensify the electric-vehicle price war and irk investors…

Carnival forecasts lower profit as costs bite, shares drop 11%

Cruise operator Carnival (CCL.N) on Monday forecast third-quarter profit largely below estimates as rising marketing and labor costs eat into gains from higher ticket prices and strong demand.

Peloton stock slips as M Science flags worsening gross add headwinds

Peloton Interactive (PTON) slid sharply after the publication of a new report highlighting headwinds facing the fitness company…

Toast falls amid M Science note on slowing GPV growth

Dollar General Customers are increasingly looking for 'items at or below the $1 price point' amid economic slowdown, CEO says

Dollar General said Thursday that its shoppers are cutting back spending on non-essential purchases, showing that the dollar store chain isn’t immune to a potential economic downturn…

Lululemon outlook lift thrills Wall St as yogawear stays in vogue

Lululemon Athletica Inc (LULU.O) raised its annual sales and profit forecasts on Thursday as wealthy Americans snap up its pricey activewear even though inflation hounds wider retail spending, sending the company’s shares up 13% after hours…

Home Depot’s Earnings Hit Lowe’s Stock Too. Here’s Why.

Home Depot’s downbeat forecast sent a chill through the home-improvement sector and the wider market last week.

5 ways banks are plugging into the electric vehicle market

Banks are revving up their work with electric vehicle manufacturers by forging partnerships, offering vehicle financing and collaborating on digital tools…

Smartsheet gains amid M Science positive note

Smartsheet (NYSE:SMAR) rose 2.4% amid amid a positive research report on the collaboration and work management company…

Norwegian Cruise lifts profit forecast on higher ticket prices, steady demand

Norwegian Cruise Line Holdings Ltd (NCLH.N) raised its annual profit forecast and sailed past first-quarter estimates on Monday…

Alphabet Shrugs Off Advertising Slump, Thanks to Search Engine

Google’s parent company returned to sales growth, even as an advertising slowdown continued to crimp YouTube.

United Rentals falls amid M Science note on rates stabilizing in mid April

United Rentals (NYSE:URI) dropped 1.8% amid a note that rates have begun to stabilize in mid April…

Netflix Sees Stronger Second Half With Account-Sharing Curbs

Netflix Inc. will begin cracking down this quarter on US viewers who share someone else’s account, predicting plans to charge such customers will boost growth in the second half of the year.

Macy's gives upbeat profit forecast amid retail gloom, shares surge

Macy’s Inc (M.N) beat estimates for holiday quarter results and forecast annual profit largely above expectations as the department store operator looks to rein in promotions to beef up its margins, sending its shares up 10% on Thursday.

Best Buy signals more pain for electronics retailers with muted profit forecast

Best Buy Co Inc (BBY.N) on Thursday joined peers with a cautious annual earnings forecast as uncertainty over the U.S. economic outlook tempers expectations for a recovery in demand for TVs, laptops and other electronic products.