Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered its sales outlook. The stock fell about 12% in premarket trading Friday. Nike shares were up 4.7% so far this year through Thursday’s close, lagging far behind the S&P 500’s…
Tag: Lululemon Athletica Inc
Jim Cramer’s top 10 things to watch in the stock market Friday
My top 10 things to watch Friday, Dec. 8 1. U.S. stocks are lower in midmorning trading, with S & P 500 futures down 0.3% and on track to break a five-week winning streak. But the Nasdaq Composite , down 0.55% in early trading, looks set to post a sixth-consecutive…
Top Wall Street analysts say these stocks have the best growth prospects
CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq While macro uncertainty continues to distract investors, it is prudent to focus on companies that are well-positioned to navigate challenges with their solid execution and deliver attractive growth over the long term by capitalizing on secular trends. Here are…
Top Wall Street analysts pick these stocks for 2023
Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Despite the encouraging signs that the economy is throwing our way, the lingering fear of a recession occurring in 2023 has not left the market. Amid this uncertainty, a…
Walmart’s slashed profit outlook sends warning about state of the American consumer
Shares of retailers including Macy’s, American Eagle and Amazon are falling Tuesday, a day after Walmart slashed its profit forecast and warned that surging prices for food and gas are squeezing consumers. The big-box retailer, which is the country’s largest grocer, said everyday necessities are eating up more of household…