LGBTQ+ consumers are shifting their brand loyalties based on companies’ diversity, equity and inclusion policies, according to new research from the Human Rights Campaign Foundation. The findings released Wednesday found that nearly 72% of LGBTQ+ consumers say they buy fewer products from companies they perceive as “reducing diversity and inclusion commitments.” Nearly 70% also said…
Stock market bulls are eating well to kick off a new week of trading. Oil is nosediving Monday on news of a memorandum of understanding to end the U.S.-Iran war and reopen the vital Strait of Hormuz. That’s improving the inflation outlook and sending bond yields lower — just in time for Federal Reserve Chairman…
The SpaceX IPO is behind us. The earnings calendar is mostly quiet. Taking center stage is the state of play between the U.S. and Iran and the first Federal Reserve meeting with Chairman Kevin Warsh in charge. Here’s a closer look at what we’re watching in the holiday-shortened trading week ahead. 1. Iran war: Are…
It may be a holiday-shortened week of trading on Wall Street. But the four days are filled with updates on some of the market’s biggest debates: Is AI eating software? Is the American consumer OK? And what’s happening with inflation? Let’s get into it. 1. Earnings: Salesforce reports on Wednesday night. Unfortunately, the stock has…
President Donald Trump suggested last month he would look out for companies that didn’t seek tariff refunds after the Supreme Court struck down his wide-ranging global duties. At first, some major firms like Amazon appeared to be holding off on asking for money back over concerns they’d offend the often transactional president and end up…
Lowe’s on Wednesday reported quarterly results that beat expectations on the top and bottom lines and reaffirmed its full-year outlook. Revenue jumped about 10% compared with the previous year. Comparable sales increased 0.6% for the quarter, driven by what Lowe’s said was its spring execution and a 15.5% growth in online sales. “Roughly 60% to…
Here we go again: Nvidia earnings week is upon us. The world’s most valuable company and the leading maker of artificial intelligence chips will deliver first-quarter earnings on Wednesday night. Of course, it will drive a ton of the action on Wall Street this week. But it’s certainly not the only thing on our radar….
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks pulled back on Friday, but the S & P 500 is still on pace for its seventh straight positive week. The market moved lower in…
First-quarter earnings season is winding down, but one Club name is set to report this week and several pieces of important economic data are on deck. Let’s take a closer look. 1. Earnings: Qnity Electronics is our only stock on the earnings calendar, with results due out before the open Tuesday morning. Analysts expect Qnity…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Indian consumers’ desire to shift away from gasoline-based cars should have been Tesla and BYD’s moment to shine in the world’s third-largest auto market….
