Macy's, Oracle and 3 Stocks to Watch Heading Into Thursday
Macy's, Adobe and Oracle report earnings; Cooper cuts guidance after mixed results, while American Eagle cites a tariff refund and shares fall.
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Markets fell as oil topped $100 and yields rose; CNN Fear & Greed held at 38.9. Investors await inflation data and earnings from Macy’s.
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Macy's, Adobe and Oracle report earnings; Cooper cuts guidance after mixed results, while American Eagle cites a tariff refund and shares fall.
Will the S&P 500 open higher? Polymarket odds jump to 70% as Wall Street awaits key PPI inflation data, tech earnings, and $100 Brent crude.
https://www.theinformation.com/articles/openai-cuts-adobe-others-advertising-competing-ai-products-chatgpt
U.S. stocks fell Wednesday as energy rose and discretionary slumped; Signet and Opus surged, while ServiceTitan plunged. Oil jumped 3.6%.
Core & Main (CNM) reported quarterly earnings of $0.94 per share, beating consensus estimates of $0.93, with revenues of $2.15 billion slightly exceeding expectations. However, the stock has underperformed the market by 15.2% year-to-date and carries a Zacks Rank #3 (Hold) rating. Meanwhile, Apogee Enterprises (APOG) is expected to report a significant 39.8% year-over-year earnings decline in its upcoming quarterly results.
On Wednesday, Core & Main (NYSE:CNM) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This content is powered by Benzinga APIs. For comprehensive financial