Nike shoes and logo are seen at a store in Nice, France on May 28, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of Nike plunged on Thursday after […]
Walgreens stock plunges as drugstore chain slashes profit guidance in 'challenging' consumer environment
In an aerial view, a customer enters a Walgreens store on January 04, 2024 in San Pablo, California. Justin Sullivan | Getty Images Shares of Walgreens plunged more than 14% […]
Levi's shares drop 12% as jeans maker's sales disappoint despite denim craze
Denim is having a moment with consumers, but it hasn’t led to a major sales boost at Levi Strauss. The jeans creator on Wednesday posted fiscal second-quarter revenue that fell […]
Southwest Airlines cuts revenue forecast, blaming changing booking patterns
A Southwest Airlines jet is parked Ellison Onizuka Kona International Airport at Kehole awaiting passengers on January 20, 2024 in Kailua-Kona, Hawaii. Kevin Carter | Getty Images Southwest Airlines on […]
FedEx shares jump after hours as massive cost-cutting measures kick in
A pedestrian walks by a parked FedEx delivery truck on March 21, 2024 in San Francisco, California. Justin Sullivan | Getty Images FedEx shares soared more than 15% after hours […]
Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says
Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Casual-dining chains are gaining customers who have grown frustrated with higher fast-food […]
Darden beats on earnings, even as Olive Garden, fine-dining sales drag
Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida. Universal Images Group | Getty Images Darden Restaurants on Thursday reported […]
The 4 key things we're watching in the stock market this holiday-shortened week
The Nasdaq Composite inched higher Friday to claim its fifth straight record close, as new data this past week showed a continued cooling of inflation and Treasury yields retreated. For […]
Adobe shares surge 15% for sharpest rally since 2020
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe shares surged […]
Oracle shares jump on Google and OpenAI deals despite earnings miss
Oracle shares jumped as much as 11% in extended trading on Tuesday after the software maker announced cloud deals with Google and OpenAI, despite fourth-quarter results that fell short of […]