Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images Nasdaq 100 futures fell Wednesday night after Nvidia — the artificial intelligence bellwether that’s up more than 150% this year — posted strong quarterly results that … Read more
Kohl’s (KSS) shares are moving higher in early trading, jumping by as much as 7% after the company beat Wall Street’s earnings expectations by $0.15 per share and raised its profit outlook. In Q2, the retailer doubled down on inventory management and expenses, leading to a 9% year-over-year decline in inventory. It plans to stay … Read more
Kohl’s (KSS) shares are moving higher in early trading, jumping as much as 7%, after the company beat Wall Street’s earnings expectations by 15 cents and raised its profit outlook. In Q2, the retailer doubled down on inventory management and expenses, leading to a 9% year-over-year decline in inventory. It plans to stay “committed to … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024. Michael M. Santiago | Getty Images S&P 500 futures inched lower Tuesday night as investors waited in anticipation for chipmaker Nvidia’s quarterly earnings announcement Wednesday after the bell. Futures tied to the broad market index slipped 0.16%, … Read more
Consumer confidence rose more than expected in August despite consumers assessment of the labor market continuing to weaken. The latest index reading from the Conference Board was 103.3, above the 101.9 seen in July and higher than the 100.7 economists surveyed by Bloomberg had expected. “Overall consumer confidence rose in August but remained within the … Read more
US stocks were mixed in choppy trading on Monday as investors weighed the imminent arrival of interest-rate cuts and braced for a busy week dominated by Nvidia’s (NVDA) earnings report. The Dow Jones Industrial Average (^DJI) added as much as 200 points to reach a new intraday record high, before easing back to a 0.3% … Read more