Nintendo sets sales record with Pokémon Scarlet and Pokémon Violet

Nintendo sets sales record with Pokémon Scarlet and Pokémon Violet

Nintendo said its Pokémon Scarlet and Pokémon Violet games for the Nintendo Switch hit an all-times sales record for the company. Pokémon is one of Nintendo’s longest-running and most popular franchises. Guillaume Payen | Sopa Pictures | light rocket | Getty Images nintendo on Thursday said it latest Pokémon games have set a sales record … Read more

5 things to know before the stock market opens Friday, July 29

5 things to know before the stock market opens Friday, July 29

A screen displays the Fed rate announcement as a trader reacts on the floor of the New York Stock Exchange (NYSE) in New York City, US, July 27, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Taking stock on a summer Friday … Read more

Amazon (AMZN) Q2 2022 earnings

Amazon (AMZN) Q2 2022 earnings

Amazon shares climbed more than 13% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook. Here’s how the company did: EPS: Loss of 20 cents Income: $121.23 billion vs. $119.09 billion expected, according to Refinitiv Here’s how other key Amazon segments did during the quarter: Amazon Web … Read more

Facebook parent Meta earnings Q2 2022

Facebook parent Meta earnings Q2 2022

facebook parent Meta reported a steeper-than-expected drop in revenue, missed on earnings and issued a surprisingly weak forecast pointing to a second consecutive decline in year-over-year sales. The shares dropped 3.8% in extended trading. Here’s how the company did: Earnings: $2.46 per share vs. $2.59 per share expected, according to Refinitiv Income: $28.82 billion vs. … Read more

Boeing, Hilton, Spotify, Garmin and more

Boeing, Hilton, Spotify, Garmin and more

Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a wider-than-expected quarterly loss with revenue that fell below consensus estimates. However, Boeing reported positive operating cash flow and, unlike in prior quarters, did not see any charges related to the production of its 737 MAX jet. Boeing jumped 4.4% in … Read more

Opinion: Google and Microsoft earnings show the bar has been lowered for Big Tech

Opinion: Google and Microsoft earnings show the bar has been lowered for Big Tech

Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Street’s expectations Tuesday, but not only did investors not melt down, both actually saw their stocks rise in after-hours trading. Amid troubling economic signs, tech stocks have been battered so far this year, and fears about a slowdown among Big Tech names had Wall … Read more

What Cramer is watching Tuesday — Walmart’s wreck, Dow stock earnings, big media downgrades

What Cramer is watching Tuesday — Walmart's wreck, Dow stock earnings, big media downgrades

What I am looking at July 26, 2022 Club holding Walmart (WMT) screws up apparel again, announcing a big profit warning after the closing bell Monday. Have to ask does Walmart have a handle on things? Long a trust name, is it time to give up on these guys? What’s the real culprit? Spending too … Read more

Big Tech earnings are about to determine the direction of the market

Big Tech earnings are about to determine the direction of the market

Just five companies control nearly a quarter of the S&P 500 index’s market cap, and they will all report earnings this week that could determine the direction of the market for weeks or months to come. As Big Tech — Google parent Alphabet Inc. GOOGL GOOG, Amazon.com Inc. AMZN, Apple Inc. AAPL, Facebook parent Meta … Read more

Markets face what could be the most important week of summer with Fed, earnings and economic data

Markets face what could be the most important week of summer with Fed, earnings and economic data

Traders work on the floor of the New York Stock Exchange (NYSE) on June 10, 2022 in New York City. Spencer Platt | Getty Images There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s mid-week meeting. The two largest US companies … Read more