Market News
IKEA Group to cut 7,500 jobs
IKEA Group looks to cut 7,500 jobs in the next couple of years, according to the company. The furniture giant…
Foot Locker (NYSE:FL) surpasses Q3 estimates, stock rallies
Foot Locker (FL) stock surges more than 10% in the after-market hours as its third quarter earnings and sales exceeded analysts’…
FAANG stocks lose their sheen in tech rout
2018 has not been a great year for tech stocks, especially the latter half. The worst performers were, in fact,…
Nvidia shares jump after Citron Research buys stock
Short-seller Citron Research on Tuesday tweeted that it bought shares of Nvidia Corp (NVDA). Shares of the graphics chipset maker…
Barnes & Noble trims loss in Q2
Barnes & Noble (BKS) trimmed down its loss in the second quarter of 2019 with a year-over-year drop in sales. The…
Target shares plunge 7% after Q3 earnings miss
Target Corp (TGT) stock plunged 7% after missing earnings estimate in the third quarter. Net income rose 20% to $1.09…
Pure Storage posts upbeat Q3 results, lifts 2019 guidance
The flash-based cloud-storage company Pure Storage (PSTG) reported a narrower loss in the third quarter helped by an income tax…
Apple stock selloff after production cut shows iPhone buzz is fading
The Apple (AAPL) management has probably got carried away by the success of iPhone, and nowadays the launch events are coming…
Despite the Q4 earnings miss, Jack in the Box stock rises
Jack in the Box (JACK) reported mixed fourth quarter results. Earnings of $0.77 per share missed analysts’ estimates, while revenues of $177.5…