5 Must-Know Facts Before the Monday Stock Market Opens

Traders are optimistic about U.S. stocks maintaining a winning streak despite Moody’s cutting its U.S. credit outlook. Congress is working to prevent a government shutdown before the week ends. Walmart and Target will be reporting earnings this week. Here are the most important news items that investors need to start their trading day: The major …

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Adidas CEO Kasper Rorsted reveals the truth behind Kanye West’s controversial statements, clarifying no antisemitic intentions

Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023. Scott Olson | Getty Images Adidas CEO Bjorn Gulden defended Ye, the artist formerly known as Kanye West, and said the rapper didn’t mean it when he made a series of antisemitic remarks. In a conversation on philanthropist Nicolai Tangen’s podcast …

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Notable Pre-Market Stock Moves: MRVL, AFRM, HE

Marvell Technology Group Source: marvell.com Explore the companies making headlines before the market opens. Marvell Technology— Despite beating Wall Street’s expectations for the recent quarter, shares of Marvell Technology fell over 3% in pre-market trading. Marvell reported earnings of 33 cents per share, excluding items, on $1.34 billion in revenue. Analysts surveyed by Refinitiv had …

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JWN, HAS, HE, AFRM, and Beyond: Exploring Several Notable Companies

At the Westfield San Francisco Centre in San Francisco, shoppers casually stroll by a Nordstrom sign on May 11, 2023. Nordstrom, the department store retailer, experienced a decline in stock prices by 7.73% despite surpassing expectations for their fiscal second-quarter earnings and revenue. Their earnings were 40 cents higher than the predicted 44 cents by …

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AFRM, GPS, MRVL and others

Discover the latest news from leading companies in after-hours trading on Thursday. March 15, 2023 – Customers walking through a shopping mall along the Magnificent Mile in Chicago. Scott Olson | Getty Images Affirm Holdings – The stock rose by 10.8% after surpassing expectations with its quarterly results. Affirm reported a loss of 69 cents …

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Q2 2023 Earnings Report for Gap (GPS)

Pedestrians stroll past Old Navy and GAP stores in the bustling hub of Times Square, New York City. Drew Angerer | Getty Images Gap recorded a mix of results on Thursday, with underwhelming guidance for the current quarter, as the long-standing mall retailer experienced another decline in sales across all four of its flagship brands. …

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Backpacks, Notepads, Pens Experience Price Increase

Jamie Grill | Getty Images Back-to-school shopping has become a challenge for Lauren Cyr this year. As a mother of three, she has diligently searched for deals and spread out her shopping across multiple paychecks. However, she has noticed higher price tags on everything from backpacks to paper, putting more strain on her family budget …

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Coinbase, SoFi, DoorDash, and Other Notable Companies

The Rivian brand is proudly displayed on their cutting-edge electric SUVs in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Discover the intriguing stories of these standout companies during midday trading. Toyota Motor — Shares soar by 1.7%, hitting a new 52-week high, following the report of impressive revenue results in the first …

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Top premarket stock movers: UBER, GAP, CAT

Amidst bustling streets, a Gap retail store stands tall, attracting passersby in Beijing, China. VCG | Getty Images Discover the companies driving conversations in the market today. SoFi Technologies — The financial technology stock experienced a 3.7% decline as KBW analyst Michael Perito downgraded the stock from underperform to market perform. Despite raising the price …

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Innovation in Retail: Bloomingdale’s, Gap, and Aldo Embrace Pink Merchandise

Bloomingdale’s, a well-known retailer, is capitalizing on the popularity of Barbie by creating a pop-up shop featuring exclusive Barbie-inspired clothing and accessories. Located in the heart of Manhattan, the shop allows shoppers to immerse themselves in the world of Barbie, with a life-sized Barbie box and a hot pink slide for photo opportunities. Bloomingdale’s is …

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