Nike, Boston Beer, Disney and more

Check out the companies making headlines in midday trading. Nike – Shares of Nike fell 7% even after the company topped Wall Street’s earnings and sales expectations for the fiscal fourth-quarter. Nike said it anticipates flat to slightly higher revenue for its fiscal first-quarter versus the prior year, and low double-digit revenue for the full … Read more

Morgan Stanley likes these small caps to outperform in this tough market

The best way to invest in this market may be to go small, according to Morgan Stanley. The firm said in a note Thursday that it sees small-cap stocks outperforming their large-cap counterparts going forward. Strategist Michelle Weaver said small caps have seen their earnings multiples fall sharply when compared to large-cap stocks, adding that … Read more

E-commerce stocks plummet as consumers pull back online spending

The Etsy website Gabby Jones | Bloomberg | Getty Images Shoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears that consumers are pulling back their spending on some items to still afford the essentials. That combination spells bad news for many e-commerce focused retailers, and their stocks tumbled amid a … Read more

Amazon, Walmart and more: Cowen loves these stocks it says can beat surging inflation

Cowen has identified several tech and internet stocks it rates as likely to outperform, some of which are set to return "at least" 15% over the next 12 months.

Stocks making the biggest moves midday: GameStop, Tesla and more

Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading Friday. GameStop – Shares of the video game retailer gained about 2%, erasing big overnight losses, as investors looked past the company’s … Read more

Foot Locker, Cinemark, Dell and others

Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares slumped 16.1% in the premarket after the athletic apparel and shoe retailer gave a weaker-than-expected full-year profit and comparable-store sales outlook. The company cited changes in its vendor mix as well as a decline in fiscal stimulus versus a … Read more

Here’s why Macy’s isn’t splitting its online business from its stores

A man checks his phone as he walks past Macy’s flagship store in New York City. Getty Images Macy’s is not breaking up after all. On Tuesday, the department store chain affirmed that it will forge ahead as one retailer, despite pressure from activist Jana Partners to split into two entities. During a call with … Read more