Stocks making the biggest moves after hours: Nvidia, Snowflake, VF Corp. and more
Nvidia — The chipmaker added about 4% after announcing a 10-for-1 stock split. Nvidia also surpassed Wall Street’s fiscal first-quarter estimates on the top and bottom lines, and it issued strong guidance for the current quarter. Other stocks related to artificial intelligence traded higher in sympathy, with Super Micro Computer and Advanced Micro Devices last up more than 2% and 1%, respectively. […]
Clarity? In this economy?
Jim LaPointe knows that how the economy feels “depends on your perspective.” Four years after Covid-19 lockdowns kicked off a home fix-up frenzy, the central New Jersey contractor’s business remains through the roof. While Home Depot said earlier this month that customers are increasingly holding off on big projects, LaPointe is seeing the opposite. He’s been […]
Cash discounts, while still rare, are up over 60% from 2015. Here’s how much you can save
Sometimes, it pays to pay with cash. More merchants are offering a lower price to customers who use cash rather than credit card for a purchase. That means opting for paper over plastic may save you money in some cases. Just how much? Typically, cash discounts run about 2% to 4% on purchases, though savings can be higher, […]
Here’s why you may be saving more in your 401(k) — and not even know it
You may be saving more money for retirement and not even know it. An increasing share of employers are automating how people save in their company 401(k) plans, in a bid to overcome the inertia that often keeps us from building a nest egg. “Automatic escalation” — or auto-escalation, for short — is one of those popular mechanisms. It […]
Stocks making the biggest moves midday: Workday, Lucid, Toast, Deckers and more
Check out the companies making headlines in midday trading: Ross Stores — The discount retailer popped nearly 10% on strong first-quarter results. Ross Stores posted earnings of $1.46 per share on $4.86 billion in revenue. That topped the earnings per share of $1.35 and $4.83 billion in revenue expected by analysts polled by LSEG. Booz Allen Hamilton — The […]
Ark Invest’s Cathie Wood says lower prices and rates will ‘activate coiled equities’
Ark Invest CEO Cathie Wood believes stocks are ready to spring upward with easing price pressures and lower interest rates on the horizon. “In the fourth quarter, as the Fed’s dot plot began pointing to much lower interest rates, the bull market in equities broadened dramatically,” Wood said in an X post on Thursday evening. “This […]
Stocks making the biggest moves midday: Nvidia, Boeing, Live Nation Entertainment and more
Check out the companies making headlines in midday trading. Nvidia — The chipmaker and artificial intelligence beneficiary spiked 9.3% after Nvidia posted strong fiscal first-quarter results, issued better-than-expected guidance and announced a 10-for-1 stock split. Other AI and related semiconductor names rallied on the results. Super Micro Computer shares rose by 1.2%. Boeing — Shares dropped 7.6% after CFO Brian […]
Wall Street ponders what happens to booming private credit market when you-know-what hits the fan
The explosion of private credit has been met with a whole host of concerns, but among the louder ones more recently is that the industry has not experienced a downturn at scale. And therefore, what does that mean for borrowers when there’s some kind of crisis? When asked about the migration of assets to the […]
Stocks making the biggest moves premarket: Ross Stores, Intuit, Workday, Guardant Health and more
Check out the companies making headlines in premarket trading: Intuit — The TurboTax parent company slipped nearly 6% after issuing weaker-than-expected fiscal fourth-quarter guidance. Intuit forecast adjusted earnings of $1.80 per share to $1.85 per share, while analysts surveyed by FactSet expected $1.92. Ross Stores — The discount apparel retailer stock added more than 7% on the heels […]
Stocks making the biggest moves after hours: Ross Stores, Intuit, Workday and more
Check out the companies making headlines in extended trading. Ross Stores – Shares of the discount clothing store jumped 7%. Ross Stores reported first quarter earnings of $1.46 per share on revenue of $4.86 billion. Analysts polled by LSEG anticipated earnings of $1.35 per share and revenue of $4.83 billion. Workday — The enterprise management company pulled […]