A volatile earnings season is winding down, but there are still a few opportunities for investors to take advantage of big earnings-driven moves, according to Goldman Sachs. Retailers have seen big hits, with names like Walmart and…
Shares of Snowflake Inc. tumbled in after-hours trading Wednesday after the software company delivered a forecast for the current quarter that came in below expectations at the midpoint and acknowledged that some…
The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, according to Census…
Evan Spiegel, CEO and co-founder of Snap Inc.Adam Galica | CNBCSocial media companies were already having a rough year from the cutback in digital ad spending caused by rising inflation, supply chain challenges and the war in Ukraine.…
The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to the lowest level since the pandemic owing to high prices and soaring mortgage rates. New sales slowed to a 591,000 annual…
Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels earlier in the COVID-19 pandemic.…
Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.Andrew Kelly | ReutersIf there's more bad news from retailers in the coming week, that could be a negative catalyst for an…