AMD And Apple Drop As The QQQ Falls Wednesday
U.S. indices continued trading lower Wednesday amid macro uncertainty due to COVID-19 concerns. Investors are also weighing a drop in retail sales.
JD.com And Tesla Lead The Nasdaq Lower Tuesday
U.S. indices were trading lower Tuesday amid macro uncertainty due to COVID-19 concerns. Investors also weighed today's Home Depot (NYSE: HD) earnings and a drop in retail sales.
JP Morgan Maintains Overweight on Ross Stores, Raises Price Target to $137
JP Morgan analyst Matthew Boss maintains Ross Stores (NASDAQ:ROST) with a Overweight and raises the price target from $132 to $137.
Tesla And eBay Fall As The QQQ Closes Lower
U.S. indices had a mixed day of trading Friday following better-than-expected jobs data. The unemployment rate for July came in at 5.4%, which was below the 5.7% estimate.
Analyzing Ross Stores’s Unusual Options Activity
Shares of Ross Stores (NASDAQ:ROST) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved up to $121.23.
Ross Stores CFO Travis Marquette Resigns
Ross Stores Inc’s (NASDAQ:ROST) Executive Vice President and Chief Financial Officer, Travis Marquette has resigned effective immediately to…
Nvidia And Dollar Tree Lead The Nasdaq In A Mixed Day For The Markets
U.S. indices had another mixed day of trading following worse-than-expected U.S. jobless figures and inflation data released Thursday.
Modest Inventory Bump Not Likely To Slow Freight’s Flow Anytime Soon
After a few quarters of sales growth significantly outpacing inventory additions, the two were closer to parity at retailers specializing in general merchandise and household goods during the fiscal first quarter, which concluded at the end of April. While stock levels are beginning to improve, it appears it may take retailers a while to rebuild positions to normal historical levels.
