Market Insider

Traders on the floor of the New York Stock Exchange. Source: NYSE April’s jobs report and a barrage of earnings news make for another busy week for markets, as the calendar rolls into May. Stocks notched solid gains in April, as REITs, consumer discretionary names and communications services companies outpaced the broader market, all more
0 Comments
Take a look at some of the biggest movers in the premarket: Lowe’s (LOW) – The home improvement retailer reported quarterly profit of $1.33 per share, 12 cents a share above estimates. Revenue also came in above analysts’ forecasts. Same-store sales jumped 28.1%, compared to the 22% predicted by analysts surveyed by FactSet. Lowe’s shares
0 Comments
Home Depot and Lowe’s stores Getty Images Check out the companies making headlines in midday trading.  Lowe’s – Shares of Lowe’s ticked more than 3% lower after the company said home improvement sales will likely decline in 2021 as more people get Covid-19 vaccines and spend more time outside their homes. Despite the outlook, Lowe’s said fourth-quarter same-store
0 Comments
Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop remains on watch after another Reddit-fueled surge Wednesday in the video game retailer’s shares, as well as other so-called “Reddit stocks” like BlackBerry (BB), AMC Entertainment (AMC) and Koss Corp. (KOSS). GameStop surged 55.8% premarket, while AMC rose 12.9%,
0 Comments
Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel and footwear retailer also reported quarterly profit of $1.55 per share, beating consensus by 20
0 Comments
A salesman carries a Best Buy shopping basket in San Francisco, California. Getty Images Check out the companies making headlines in midday trading. American Airlines, United Airlines, Carnival — Airlines and cruise stocks surged on Tuesday as stocks tied to an economic recovery continued to rise after a series of positive vaccine announcements. Shares of
0 Comments