Wall Street rebounds, earnings and inflation data on deck
Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City. Michael M. Santiago | Getty Images This report …
Walmart Inc
After a busy week of trades, we’re looking to some key inflation data
It was another volatile week for stocks, but Wall Street ultimately finished lower again. The market experienced a sharp sell-off Monday on recession concerns, which led the S & P …
Temu, Shein soaring popularity could hit Amazon, Meta, eBay earnings
In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds …
Tech stocks tank as profit-taking persists. Here’s why Abbott stands out among the wreckage
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets …
Cramer says consumers are frugal, turning from companies without value prices
CNBC’s Jim Cramer on Tuesday discussed consumer behavior, saying many are fed up with high prices of certain companies’ products and services, such as those in the airline or retail …
GM Cruise Origin autonomous vehicle indefinitely delayed
DETROIT – General Motors is indefinitely delaying production of its Origin autonomous vehicle as its embattled Cruise self-driving unit attempts to relaunch operations. The Detroit automaker said Tuesday its majority-owned …
Top Wall Street analysts pound the table on these 3 dividend stocks
Dividend-paying stocks can enhance investors’ portfolio returns and provide certainty in shaky markets. Investors can track Wall Street analysts’ ratings to select stocks of dividend-paying companies that have attractive growth …
Amazon sellers get dinged after Target discount snafu
An Amazon driver delivers packages in Washington, D.C., on Aug. 27, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images When Brandon Fishman ran a discount on his vitamin-infused …
Here’s why cooler consumer inflation flipped the stock market
We finally got the consumer price index we were looking for, with both the June headline and core readings coming in slightly lower than expectations. The CPI bolstered the case …
Shein wants to build supply chain giant, some fear China cyber spying
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images …