We trimmed our Wells Fargo price target after mixed earnings. But that’s not the whole story
Wells Fargo on Friday morning reported a mixed first quarter with misses across key revenue lines, offset by lower expenses
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Earnings
Our 2 chip stocks are the portfolio’s biggest winners in one of Wall Street’s most volatile
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time
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Ulta Beauty CEO outlines plans to boost sales after first-quarter slowdown, shares jump 11%
Ulta Beauty on Thursday laid out plans to boost sales and gain market share after a first-quarter sales slowdown. Comparable
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MongoDB shares sink 23% after management trims guidance
MongoDB CEO Dev Ittycheria. Scott Mlyn | CNBC MongoDB stock sank as much as 26% in extended trading on Thursday
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Nordstrom misses Wall Street’s earnings expectations as off-price chain Rack lifts sales
A Citi Bike docking station outside the Nordstrom flagship store in New York on Feb. 21, 2024. Bing Guan |
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Salesforce shares plunge 16% on first revenue miss since 2006
Marc Benioff, CEO of Salesforce, appears on a panel at the World Economic Forum in Davos, Switzerland, on Jan. 18,
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Best Buy jumps 13% as cost-cutting preserves profits despite sluggish sales
Best Buy on Thursday missed Wall Street’s quarterly sales expectations but stressed higher profits and lower costs as softer demand
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Kohl’s stock plummets more than 20% after massive earnings miss
Shoppers walk in front of a Kohl’s store in Mount Kisco, New York. Scott Mlyn | CNBC Kohl’s shares plummeted
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Foot Locker’s turnaround is showing signs of life, CEO sees consumers willing to pay full
Foot Locker’s turnaround is starting to bear some fruit. The sneaker giant saw comparable sales decline 1.8% during its fiscal
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Best Buy surges on signs that the expected AI-driven PC and smartphone refresh is starting
Shares of Best Buy were popping Thursday as management made their case that an artificial intelligence upgrade cycle for personal
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