Dan Loeb’s Third Point largely bought into the big technology space during the first quarter, offering a sign of confidence in further gains after a big...
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Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S....
Markets underestimate geopolitical risk as raft of elections looms, ECB’s De Guindos says
Europe’s macroeconomic outlook is brighter — but markets may be underestimating the potential for sudden destabilization due to geopolitics, the vice-president of the European Central Bank...
Why Jim Cramer says Costco is the ‘stock to buy off of’ Walmart’s big quarterly beat
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of key moments. The Dow...