Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) — Shares of the sporting goods retailer fell 14.4% in premarket after it released a weaker-than-expected full-year outlook as it adjusts to what it calls challenging macroeconomic conditions. Dick’s posted better-than-expected earnings and revenue for the fourth quarter, and comparable store sales …
CNBC’s Jim Cramer on Friday explained new technical analysis from veteran Larry Williams’ chart indicating that the market is heading towards the bottom. “I know it’s hard to believe anything positive at this moment, but I said the same in April 2020, that’s when Larry Williams made one of the best calls I’ve ever seen,” …
Analyst Larry Williams sees a bottom in the making Read More »
The Deer & Co. tractor is shown. The fully autonomous John Deere 8R before the Consumer Electronics Show (CES) on January 4, 2022 in Las Vegas, Nevada. Patrick T. Fallon | AFP | Getty Images Check out which companies are making the headlines in midday trading. Deere – The stock fell 11.4% after Deere reported …
New York CNN Business – JP Morgan Chase investors voted Tuesday to reduce the multimillion-dollar payout to CEO Jamie Dimon. The pay offer they rejected included a massive $52.6 million retention bonus as part of Dimon’s 2021 compensation package, just months after the bank’s board of directors approved the incentive. With the bonus, Damon’s total …
JPMorgan shareholders vote on CEO Jimmy Dimon’s pay bump Read More »
New York CNN Business – Target’s earnings are not up to par. far from it. The retail giant reported a staggering 52% drop in its profit for the first quarter, significantly missing Wall Street expectations. The company blamed higher expenses due to ongoing supply chain disruptions. Consumers are also reluctant to make unnecessary purchases due …
Targeted posts a staggering drop in profit. stock falling Read More »
> Saudi Aramco’s Q1 profit soars, Berkshire Hathaway adds to OXY stake, CEO push rises to record – YouTubeYoutube
The ongoing spread of Covid and the resulting stay-at-home orders – primarily in Shanghai – forced factories to close or operate at limited capacity in April. Pictured here on May 12, a refrigerator factory is located in Hefei, China, about a five-hour drive from Shanghai. Xie Chen | China Optical Group | Getty Images BEIJING …
Covid lockdowns affect retail data and industrial production Read More »
Everyone seemed to be in a buying mood on Friday, except for Elon Musk. The Dow Jones Industrial Average broke a six-day losing streak, the Nasdaq Composite turned in its second straight positive session, and the S&P 500 rose more than 2%, a small step back from the edge of a bear market, ending the …
In this illustration, oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street seems to be stumbling on vegan alternatives. Shares of Beyond Meat and Oatly have lost more than half their value this year. Stocks are relatively high-profile recent entrants to the general markets, prone to …
Vegetarian food stocks ‘Beyond Meat’, Oatly faces a reset Read More »
> Cramer’s Game Plan for May 16th Trading Week – YouTubeYoutube
