Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers

Dollar General and Dollar Tree Earnings Are the Next Big Test for Retailers

Text size Dollar General and Dollar Tree report earnings next Thursday. Justin Sullivan / Getty Images Dollar General and Dollar Tree report earnings next week, but the stocks got crushed well in advance of their releases. That’s because investors are pricing in bad news that’s almost certain to come — and may create a buying … Read more

Stock Markets Wobble as Bear Market Looms Over S&P 500

Stock Markets Wobble as Bear Market Looms Over S&P 500

US stocks wavered Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 was recently up about 0.1%, although still close to bear market territory — market shorthand for a 20% fall from a recent high. The index tumbled 4% Wednesday, its biggest one-day retreat … Read more

Stock Markets Fall as Bear Market Looms Over S&P 500

Stock Markets Wobble as Bear Market Looms Over S&P 500

US stocks resumed their declines on Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 fell 0.7%, putting the index close to bear market territory — market shorthand for a 20% fall from a recent high. The index tumbled 4% Wednesday, its biggest one-day … Read more

Stock Selloff Crunches SPAC Creators as They Race to Find Deals

Stock Selloff Crunches SPAC Creators as They Race to Find Deals

An investor stampede out of risky trades is squeezing SPACs that are running out of time to find companies to take public, potentially leaving their architects without deals and saddled with sizable losses. Firms that have gone public through mergers with special-purpose acquisition companies have tumbled lately alongside the technology sector and cryptocurrencies. Supply-chain disruptions … Read more

Does Erdogan’s Turkey Belong in NATO?

Turkish President Recep Tayyip Erdogan holds a news conference during a NATO summit in Brussels, June 14, 2021. Photo: YVES HERMAN / REUTERS Every member of the North Atlantic Treaty Organization has enthusiastically welcomed Finland and Sweden except one: Turkey, which on Wednesday blocked an early vote to begin accession talks. For reasons that are … Read more

‘We did not have a plan for a country to shut down’ – Cisco stock plunges 13% as China lockdown affects supply and outlook

Cisco Systems Inc. shares plunged in the extended session Wednesday after the tech bellwether’s revenue forecast came up more than $ 1 billion short of Wall Street expectations, which executives blamed on COVID shutdowns in China. Cisco CSCO, -4.43% shares dropped 13% after hours, following a 4.4% decline in the regular session to close at … Read more

‘We did not have a plan for a country to shut down’ – Cisco stock plunges 13% as China lockdown affects supply and outlook

Cisco Systems Inc. shares plunged in the extended session Wednesday after the tech bellwether’s revenue forecast came up more than $ 1 billion short of Wall Street expectations, which executives blamed on COVID shutdowns in China. Cisco CSCO, -4.43% shares dropped 13% after hours, following a 4.4% decline in the regular session to close at … Read more

Dow Falls More Than 1,000 Points After Disappointing Retailer Earnings

Poor results from big US retailers sent stocks skidding sharply Wednesday, putting Wall Street on course to extend the year’s volatility. The Dow Jones Industrial Average fell about 1,100 points in afternoon trading, down 3.4%. The S&P 500 dropped 3.9%, and the tech-focused Nasdaq Composite slid 4.6%. All three indexes are on pace for their … Read more

Why this investor who paid $ 650,000 to lunch with Buffett isn’t buying or selling stocks right now

It’s 13-F season, and you’re not going to find many like Guy Spier’s Aquamarine Capital in the first quarter —- zero buys, zero sells. “Pathetic, isn’t it,” quips Spier in an interview. Spier says he feels less pressure to trade for trading sake after he stopped charging management fees. They also cite the possibly apocryphal … Read more

Why this investor who paid $ 650,000 to lunch with Buffett isn’t buying or selling stocks right now

It’s 13-F season, and you’re not going to find many like Guy Spier’s Aquamarine Capital in the first quarter —- zero buys, zero sells. “Pathetic, isn’t it,” quips Spier in an interview. Spier says he feels less pressure to trade for trading sake after he stopped charging management fees. They also cite the possibly apocryphal … Read more