Why driving big rig trucks is a job fewer Americans dream about doing

A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images In April, Walmart made headlines by announcing that it will pay its private fleet truck drivers as much as $110,000 in their first year with the big-box retailer, up from an average starting salary of $87,000. Yellow Corp., … Read more

The Fed could cause a stock market 'flush out' and create a buying opportunity, Evercore ISI says

The Federal Reserve could cause a "cathartic flush out" in stocks this week, creating a buying opportunity, according to Evercore ISI’s Julian Emanuel.

Break-up boom: How investors can win betting on the growing stock spinoff trend on Wall Street

The scene is set for an increase in companies looking to spin off businesses, but results can be uneven. Here’s how to improve your odds.

Here are Friday's biggest analyst calls of the day: Apple, Roblox, Meta, Peloton, Oracle & more

Here are the biggest calls on Wall Street on

Amazon, Netflix, Bumble and more

Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Bumble – Shares of the online dating company surged more than 43% in midday trading. Fourth-quarter revenue was just short of expectations from Refinitiv. Still, BMO upgraded Bumble to outperform from market perform, saying in … Read more

XPO Logistics will focus only on trucking, will spin off, sell other units

XPO Logistics announced after the closing bell Tuesday it will become solely a trucking company, spinning off its high-tech truck brokerage business into a separate publicly traded firm. “This is one great company becoming two great companies.” XPO Chairman and CEO Brad Jacobs told CNBC. “There’s a large universe of investors who want to invest … Read more

Campbell Soup, Express, Thor Industries and others

Check out the companies making headlines before the bell: Campbell Soup (CPB) – The food producer matched estimates with adjusted quarterly earnings of 69 cents per share, and revenue essentially in line with forecasts as well. Campbell’s adjusted gross margins slid 340 basis points due to cost inflation. It said demand trends are strong and … Read more

Peloton, Canopy Growth, Chipotle and others

Check out the companies making headlines before the bell: Peloton (PTON) – Peloton added 1% in premarket trading after surging more than 20% in each of the past two sessions. Yesterday’s gains came after the fitness equipment maker announced that CEO John Foley was stepping down in favor of former Spotify and Netflix CFO Barry … Read more