CEOs send mixed signals about consumers as spending patterns split by income

If the signals you’re getting about the US consumer seem mixed, there could be a very good reason for that: They are. In recent earnings conference calls, CEOs have been presenting more evidence that consumer spending patterns are bifurcating. Despite rampant inflation, the high-end consumer is remaining strong, but the low-end consumer is starting to … Read more

Stock winners and losers as people pinch pennies

The second quarter has shown continued earnings growth for corporate America, but there are signs that inflation and a slowing economy are starting to weigh on the US consumer. Some corporate executives are highlighting growing weakness among lower income consumers, even while many companies say demand appears strong overall. That weakness is likely to spread … Read more

How Carvana went from a Wall Street top pick to meme stock trading

Ernie Garcia, CEO, Carvana Scott Mlyn | CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that “the march continues” in the company’s mission to become the largest and most profitable used car retailer in the world. Its stock price has marched this year as well, just in the wrong direction for investors. Within … Read more

The Fed could cause a stock market to ‘flush out’ and create a buying opportunity, Evercore ISI says – CNBC

The Fed could cause a stock market to ‘flush out’ and create a buying opportunity, Evercore ISI saysCNBC

Here are Monday’s biggest analyst calls of the day: Apple, Snowflake, Penn, Amazon, Deere and more

Here are the biggest calls on Wall Street on

Jim Cramer says falling used car prices suggests inflation could be easing

CNBC’s Jim Cramer on Thursday said that while headwinds facing the used car market make it un-investable, its declining performance is also an indicator that inflation might be cooling. “When everybody was freaking out about the 8.5% consumer price index number – that’s a hot number – you might’ve noticed that used car and truck … Read more

Here are Thursday’s biggest analyst calls of the day: Apple, Netflix, Tesla, Unity, Disney & more

Here are the biggest calls on Wall Street on

Ford to address dealer concerns about separating its EV and legacy businesses

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor dealer Marc McEver was taken back when he heard about the automaker’s plans to separate its electric vehicle and legacy businesses as part of a restructuring under CEO Jim Farley. The … Read more

Walmart, AutoNation, Cisco and others

Check out the companies making headlines before the bell: Walmart (WMT) – Walmart stock rose 2.9% in the premarket after the retail giant reported better-than-expected quarterly results. Walmart earned an adjusted $ 1.53 per share, 3 cents above estimates, issued an upbeat forecast, and announced a dividend hike. AutoNation (AN) – The auto retailer earned … Read more

Fed rate debate, Ukraine tensions could jolt markets in the week ahead

Traders on the floor of the NYSE, Jan. 25, 2022. Source: NYSE Stocks are likely to be volatile in the week ahead as investors watch tensions Russia and Ukraine and debate how quickly the Federal Reserve can raise interest rates. Markets were roiled in the past week and bond yields spiked after a hot inflation … Read more