People are leaving Hong Kong and here’s where they’re going

They stuck it out during the 2019 political protests. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 – not because they want to, several told CNBC, but because Covid restrictions and what they see … Read more

Deere, Foot Locker, Palo Alto Networks and more

The Deer & Co. John Deere 8R fully autonomous tractor is displayed ahead of the Consumer Electronics Show (CES) on January 4, 2022 in Las Vegas, Nevada. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. Deere – The stock plummeted 11.4% after Deere reported a miss … Read more

Foot Locker, Deere, DoorDash and others

Check out the companies making headlines before the bell: Foot Locker (FL) – The athletic footwear and apparel retailer reported an adjusted quarterly profit of $ 1.60 per share, 5 cents above estimates. Revenue was slightly below forecasts, and same-store sales fell by less than half of what was anticipated by analysts. Foot Locker shares … Read more

Investors could get a reprieve from vicious stock sell-off in week ahead

Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March. Stocks bounced off of Thursday’s washout lows and were set to exit the week with reduced losses after Friday’s rally. Buyers on Friday hunted for bargains among small caps, biotechnology names, the … Read more

Trading strategies for after the big Fed decision: Finding stocks overdue for a relief bounce

The Federal Reserve is expected to raise interest rates by a half point Wednesday, but what the central bank signals about future hikes is key for investors.

Teens spend on Nike and Lululemon despite concerns about U.S. economy

Athletic apparel sits on display inside a Lululemon Athletica store. Xaume Olleros | Bloomberg | Getty Images Teens are spending more and shifting their shopping habits, even as they worry about growing economic uncertainty, according to a new survey. Athletic apparel brands such as Lululemon and Nike that combine comfort and fashion are winning out … Read more

Apple, Robinhood, Visa, Chevron and more

The logo of an Apple store is seen in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters Check out the companies that are making headlines in the dinner trade. Apple – The technology giant’s shares rose more than 5% after a strong quarterly report that showed the largest single quarter in terms of revenue … Read more

Caterpillar, Chevron, Apple and others

Check out the companies that make headlines before the clock: Caterpillar (CAT) – Caterpillar earned an adjusted $ 2.69 per share for the fourth quarter, beating the consensus estimate of $ 2.26, with revenue also above analysts’ forecasts. Heavy equipment manufacturer sales increased by 23% from a year earlier despite supply chain restrictions. However, increased … Read more