Mid-Afternoon Market Update: Crude Oil Down 1.5%; Tuya Shares Plummet
Toward the end of trading Wednesday, the Dow traded down 0.27% to 35,249.25 while the NASDAQ rose 0.06% to 14,664.67. The S&P also fell, dropping 0.21% to 4,438.73.
Target’s Stock Looks Like It’s About To Breakout
Target Corp. (NYSE: TGT) shares are trading lower Wednesday despite having good second-quarter earnings. The company reported earnings per share of $3.64, beating the estimate of $3.49. Sales came in at $25.16 billion, beating the estimate of $25.08 billion.
Mid-Day Market Update: Alcon Rises Following Q2 Results; NexPoint Real Estate Finance Shares Slide
Midway through trading Wednesday, the Dow traded down 0.12% to 35,299.82 while the NASDAQ fell 0.01% to 14,654.93. The S&P also fell, dropping 0.10% to 4,443.63.
Target CEO Weighs In On Strong Earnings Results, Expects Continued Strength Moving Forward
Target Corporation (NYSE: TGT) delivered very strong second-quarter results, which it has been doing consistently for years, Target CEO Brian Cornell said Wednesday on CNBC's "Squawk Box."
Mid-Morning Market Update: Markets Mixed; Target Reports Upbeat Profit
Following the market opening Wednesday, the Dow traded down 0.12% to 35,300.85 while the NASDAQ rose 0.03% to 14,660.26. The S&P also fell, dropping 0.04% to 4,446.09.
Fed Minutes Ahead Could Offer Insight Following Wall Street’s Worst Day In A Month
“Buy the dip” is facing its toughest test in a month.
Top 20 Trending Stocks On WallStreetBets As Of Wednesday, Aug. 18, 2021 (Via Swaggy Stocks)
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
Tesla (TSLA)
Alibaba (BABA)
ContextLogic (WISH)
Pfizer (PFE)
Clover Health Investments (CLOV)
Moderna (MRNA)
Palantir
Target Q2 Result Tops Estimates, Margin Shrinks; Plans $15B Stock Buyback
Target Corp (NYSE:TGT) reported second-quarter FY21 revenue growth of 9.5% year-on-year, to $25.16 billion, beating the analyst consensus of $25.08 billion.…
Target: Q2 Earnings Insights
Shares of Target (NYSE:TGT) fell 3.8% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 7.69% year over year to $3.64, which beat the estimate of $3.49.