Best Buy is known for its laptops and smartphones. Best Buy stock surged nearly 17% Thursday after the electronics chain reported first-quarter operating earnings of $1.28 a share, up from $1.15 a year earlier—helped by higher margins and a 2% bump in same-store sales. Best Buy, meanwhile, stoked the uncertainty further when it announced in April that CEO Corie Barry would step down Oct. 31, to be replaced by longtime company veteran Jason Bonfig.
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Shares of Micron Technology (MU) kept surging after the chipmaker posted its biggest one-day gain in more than a decade. The stock rose 3.6% on May 27, extending a massive rally after shares jumped 19.3% the previous day. Micron has now climbed roughly 77% over the past month, while the stock is up ...
By Twesha Dikshit and Utkarsh Hathi May 27 (Reuters) - The S&P 500 and the Nasdaq were muted on Wednesday in choppy trading, as investors remained cautious while awaiting progress in Middle East talks
Everywhere investors look, the warning signs seem to be multiplying. Inflation ticked higher again in the latest Consumer Price Index report from the Bureau of Labor Statistics. Producer prices are climbing, too, raising concerns companies may eventually pass those costs onto consumers. The University of Michigan’s consumer confidence index recently hit its lowest reading in ... Trump’s Bull Market is Over? Not a Chance! JPM Says S&P Can Rally 22% From Here
Synopsis will report earnings after the close Wednesday. Investors are keen to see how the integration of Ansys is going after the $35 billion acquisition.
By Junko Fujita TOKYO, May 27 (Reuters) - Japan's Nikkei share average rose to a record high on Wednesday, as gains in index heavyweight chip-related equities outweighed losses in financials and other
Burlington Stores (BURL) is expected to report above-consensus Q1 comparable sales growth and earnin
(Bloomberg) -- US equity futures extended gains and Treasuries rallied as investors remained hopeful that the latest American strikes on Iran won’t derail talks to end the Middle East conflict. Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on
Cathie Wood, chief of Ark Investment Management, likes to take advantage of IPOs. Cathie Wood, founder and CEO of Ark Investment Management, likes to jump into some of Wall Street’s hottest IPOs. In recent years, Wood’s Ark funds have bought shares of newly public companies, including ...
With earnings season done, the stock market moves into digestion and distraction territory as investors integrate the whole of corporate data with extracurricular corporate news, economic releases, the bond market’s not-so-subtle signals, and whatever distractions, surprises, and unknown unknowns emerge.
By Shashwat Chauhan and Medha Singh May 22 (Reuters) - Wall Street's main indexes rose on Friday ahead of a long weekend, with the blue-chip Dow hitting a record high for the first time since the Iran

US stocks (^DJI, ^IXIC, ^GSPC) tick higher at Friday's session open after bond yields (^TYX, ^TNX, ^FVX) surged this week, signaling renewed inflation worries amid market highs. Portfolio Wealth Advisors president and CIO Lee Munson and Yahoo Finance Markets and Data Editor Jared Blikre examine the growth and possible warning signs within the market.
May 22 (Reuters) - Wall Street's main indexes opened higher on Friday with the Dow hitting an intraday record high as investors watched for progress in talks to end the nearly three-month Middle East
Workday shares jumped nearly 12% premarket on Friday after the enterprise software maker beat first-quarter revenue and profit estimates, easing concerns that AI rivals such as Anthropic could rapidly disrupt demand for traditional software vendors. Subscription revenue at the Pleasanton, California-based company jumped 14.3% to $2.35 billion, with net new business driving 40% of that growth, according to Chief Commercial Officer Rob Enslin. Workday, however, retained its annual subscription revenue forecast.
New federal quantum computing funding plans propelled this quantum specialist higher, today, May 21, 2026.
May 21 (Reuters) - Wall Street's main indexes opened lower on Thursday as oil prices surged following a Reuters report that Iran's Supreme Leader Ayatollah Mojtaba Khamenei ordered the country's near
U. S. equity futures traded slightly lower on Thursday as investors absorbed another set of blockbuster earnings from artificial intelligence chip leader Nvidia (NASDAQ:NVDA) while continuing to monitor developments surrounding the conflict between the United States and Iran.
NVIDIA's earnings grew +140% year over year, +85% on revenues. An $80B share repurchase was also announced.
Wednesday's rally is a mirror image of Tuesday's sell-off. Here's what changed overnight.
The S&P 500 is up roughly 10% in 2026. Global earnings are being revised higher. Corporate capital spending is at levels not seen in decades. Goldman Sachs published a global strategy note on May 19 that agrees with all of that. And then it explains why the rally may be more fragile than it ...
Asian markets fell Wednesday as surging bond yields and stubborn inflation concerns knocked an investor confidence already shaken by US President Donald Trump's renewed threats of striking Iran.Across Asia, most major markets were in the red, with Tokyo leading losses as the Nikkei fell more than one percent in morning trade.
The retail giant's business momentum is undeniable, but the stock's premium valuation leaves little room for any letdown.
At the end of last week, more than 90% of S&P 500 companies had filed their latest quarterly results. Buybacks were down 1% from a year earlier, according to data compiled by S&P Global Market Intelligence.
Home Depot reports earnings Tuesday as investors look for signs that weak housing demand and cautious consumers are still weighing on home-improvement sales.