Goldman says beware these stocks with unsustainable margins in a tough environment ahead

Investors should brace themselves for difficult times ahead, with some stocks in particular facing unsustainable margin growth expectations, according to Goldman Sachs chief US equity strategist David Kostin. Stocks have been on a tear recently, with the S & P 500 up about 13% from a low reached in mid-June. Kostin noted that better-than-expected second-quarter … Read more

Palantir, Signify Health, Global Blood Therapeutics and more

Take a look at some of the biggest movers in the premarket: Palantir (PLTR) – The data analytics company’s stock plunged 15.6% in premarket trading after it reported an unexpected quarterly loss, and lowered its full-year forecast due to the uncertain timing of some government contracts. Signify Health (SGFY) – CVS Health (CVS) is planning … Read more

Walmart, Shopify, 3M, General Electric and more

Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. Walmart – Shares of Walmart slid more than 7% after the company cut its quarterly and full-year outlook, saying that inflation is shifting consumer spending … Read more

Walmart, General Motors, Polaris and more

Check out the companies making headlines before the bell: Walmart (WMT) – Walmart slumped 9.5% in the premarket after cutting its outlook for the current quarter and full year. The retail giant said higher prices for food and fuel are prompting consumers to cut back, and it had to cut prices at its stores to … Read more

Walmart, Target, Whirlpool and more

People talk outside a Wal-Mart Pickup-Grocery store in Bentonville, Arkansas. Rick Wilking | Reuters Check out the companies making headlines after hours. Walmart — Shares dropped more than 8% in extended trading Monday after the retailer lowered its quarterly and full-year profit forecast, citing sharply rising food inflation that is hurting consumer spending on general … Read more

Markets face crucial summer week, with Fed, earnings and economic data

A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022. Brendan McDermid | Reuters There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s midweek meeting. The two largest US companies — Microsoft and Apple — … Read more

Goldman Sachs offers three strategies to ride out a tough second half

Goldman Sachs sees more pain ahead for stocks in the second half of 2022 as corporate earnings weaken. For equity investors bruised on this year’s roller coaster, the Wall Street firm broke down three stable strategies to help smooth the ride. The S&P 500 just suffered its worst first half since 1970 as investors continue … Read more

Best Buy adds beauty gadgets and outdoor furniture to product lineup

Electric bikes. Patio furniture. Beauty gadgets. Best Buy is adding merchandise that might surprise shoppers who typically think of its stores and website as a place to buy smartphones, laptops and TVs. The company said Friday it has begun to carry about 100 skin-care devices, including a facial steamer and at-home tool for microdermabrasion, at … Read more

Can I live without it?

A pedestrian carries shopping bags in the Herald Square area of ​​New York, US, on Wednesday, April 13, 2022. Calla Kessler | Bloomberg | Getty Images Sandy Magny plans to take her teenage daughter to West Palm Beach, Florida, this summer, even though airfares are surging. It will not be cheap, but Magny does not … Read more