Lululemon’s stock (LULU) rose about 4% on Thursday after the company boosted its full-year profit outlook and raised its stock repurchase program by $1 billion. The company said late Wednesday it now sees full-year earnings per share in a range of $14.27 to $14.47, up from a prior range of $14 to $14.20. It maintained
Companies in the S&P 500 (^GSPC) have reported what’s broadly been considered a solid Q1 earnings season for the index, with one key exception: drugmaker Bristol Myers Squibb (BMY). Last month, the company reported a massive loss per share in the first quarter on charges related to a series of acquisitions and cut its profit
US stocks opened higher on Monday, ready to build on a string of gains as attention turned to the coming inflation report seen as a potential starting gun for interest rate cuts. The S&P 500 (^GSPC) rose roughly 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) moved up about 0.2%. The Dow Jones Industrial Average (^DJI)
US stocks rose on Thursday as investors braced for Netflix (NFLX) to kick earnings season into high gear. The S&P 500 (^GSPC) gained 0.5%, while the Dow Jones Industrial Average (^DJI) rose about 0.7% after closing lower in the prior session. The Nasdaq Composite (^IXIC) increased 0.4% following tech’s recent slump. Stocks have struggled amid
In this article, we will take a look at the 11 oversold blue chip stocks to buy right now. To skip our analysis of the recent trends and market activity, you can go directly to see the 5 Oversold Blue Chip Stocks to Buy Right Now. The S&P 500 Index, widely regarded as the leading
Markets are on edge this week as Federal Reserve officials prepare to signal whether they still believe three interest rate cuts are likely in 2024. That new projection on Wednesday will come in the form of a so-called “dot plot,” a chart updated quarterly that shows the prediction of each Fed official about the direction
The interest-rate market has a dirty secret, which practitioners call “the hairy chart”. Its main body is the Federal Reserve’s policy rate, plotted as a thick line against time on the x-axis. Branching out from this trunk are hairs: fainter lines showing the future path for interest rates that the market, in aggregate, expects at