Stock Market

Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters The Federal Reserve is expected to cut interest rates by a quarter point on Wednesday, but what it says about its future plans will determine whether stocks
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Check out the companies making headlines before the bell: Oracle — Co-Chief Executive Officer Mark Hurd will be taking a health-related leave of absence, with his responsibilities covered by Co-Chief Executive Officer Safra Catz and Oracle founder Larry Ellison. The business software giant also released its quarterly earnings, with adjusted profit of 81 cents per
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Check out the companies making headlines before the bell: RH – RH reported adjusted quarterly profit of $3.20 per share, well above the consensus estimate of $2.70 a share. The company formerly known as Restoration Hardware also saw revenue beat estimates, with the home furnishings retailer also raising earnings guidance for the third time this
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Check out the companies making headlines before the bell: Wells Fargo – UBS cut its rating on Wells Fargo to “neutral” from “buy,” saying the bank still lacks visibility on profitability improvement. UBS cut its earnings estimates for Wells Fargo on prospects for lower net interest income. HD Supply – The industrial distributor matched estimates
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Check out the companies making headlines before the bell: Lululemon – Lululemon reported quarterly profit of 96 cents per share, 7 cents a share above estimates. Revenue also beat forecasts. The apparel maker’s comparable-store sales jumped 15%. Lululemon also raised its full-year guidance. Results were boosted by strength in online sales and in the menswear
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Check out the companies making headlines before the bell: Ciena – The networking equipment maker reported adjusted quarterly earnings of 71 cents per share, 13 cents a share above estimates. Revenue also beat Wall Street predictions, and Ciena said it is on track for substantial revenue growth and increased profitability. Lands’ End – The apparel
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Check out the companies making headlines before the bell: Best Buy – The electronics retailer reported adjusted quarterly profit of $1.08 per share, 9 cents above estimates, and the company also raised its full-year earnings forecast. However, revenue and comparable store sales did fall below estimates for the most recent quarter. Abercrombie & Fitch –
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Check out the companies making headlines before the bell: Dick’s Sporting Goods – The sporting goods retailer earned $1.26 per share for the second quarter, 5 cents a share above estimates. Revenue also beat forecasts. Comparable-store sales rose 3.2%, compared to a consensus forecast of 1% from analysts surveyed by Refinitiv. Dick’s also raised its
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Check out the companies making headlines before the bell: Target – The retailer posted adjusted quarterly profit of $1.82 per share, 20 cents a share above estimates. Revenue also exceeded forecasts. Comparable-store sales were up 3.4%, above the 2.9% estimate of analysts surveyed by Refinitiv. Target also raised its full-year earnings outlook. Lowe’s – The
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Check out the companies making headlines before the bell: Home Depot – The home improvement retailer reported quarterly earnings of $3.17 per share, 9 cents a share above estimates. Revenue came in below forecasts, however, and a comparable-store sales increase of 3% was below the 3.5% consensus estimate of analysts surveyed by Refinitiv. Home Depot
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Check out the companies making headlines before the bell: Estee Lauder – The cosmetics maker reported adjusted quarterly profit of 64 cents per share, 11 cents a share above estimates. Revenue also beat forecasts and Estee Lauder issued a better-than-expected full-year outlook. The company mentioned escalating U.S.-China trade tensions as a potential source of risk,
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Jen-Hsun Huang, CEO, Nvidia David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Nvidia jumped as much as 7% after the chipmaker announced better-than-expected second-quarter earnings. The company reported adjusted earnings per share of $1.24 on revenue of $2.58 billion. Analysts had expected earnings per share
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