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"This should be a big soul-searching moment for Walmart," CNBC's Jim Cramer said Tuesday after the retail giant reported quarterly results. "This should be a big soul-searching moment for Walmart," CNBC's Jim Cramer said Tuesday after the retail giant reported quarterly results. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…

We aren't very interested in waiting around for management to show us that they can turn things around. So we're downgrading the stock to a 3 rating. We aren't very interested in waiting around for management to show us that they can turn things around. So we're downgrading the stock to a 3 rating. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified.…

High gas prices at stations in Garden Grove, California, on Monday, March 7, 2022.Jeff Gritchen | Medianews Group | Getty ImagesCalifornia's state average for a gallon of gas has surged above $6, making fuel in the Golden State the most expensive across the U.S.The average price at the pump in California hit a record $6.021 per gallon on Tuesday, according to AAA. Prices are up 31 cents over the last month, and $1.89 higher than a year ago.California's prices are the most extreme, but gas is rising across the country.The…

A United Airlines passenger plane is loaded at the capital's BER airport before its first flight from BER to New York's Newark Airport. On flights to the U.S. East Coast, Berliners and Brandenburgers no longer necessarily have to change planes. From Monday, United Airlines will connect Schönefeld directly with New York's Newark Airport on a daily basis. It is the first long-haul connection from BER to the USA.Patrick Pleul | Picture Alliance | Getty ImagesCheck out the companies making headlines in after-hours…

Check out the companies making headlines before the bell:Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was "temporarily" on hold, as he awaits details on the number of fake and spam accounts on the platform.Affirm Holdings (AFRM) – Affirm reported a quarterly loss of 19 cents per share, smaller than the 51 cent loss that analysts were anticipating, with the fintech company's revenue beating forecasts. Affirm also raised its full-year revenue outlook…

Sam Bankman-Fried, the CEO of crypto exchange FTX, has taken a 7.6% stake in Robinhood, according to a Thursday filing with the Securities and Exchange Commission.Shares of the investing company jumped 36% at one point in extended trading before pulling back. They were last up about 25%.In regular trading Thursday the stock hit an all-time low. Robinhood ended the session priced at $8.56, about 77% away from its IPO price last July.According to the document, Emergent Fidelity Technologies took a stake worth $648 million…

Take a look at some of the biggest movers in the premarket:Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slid 3.4% after Wells Fargo double-downgraded both stocks to "underweight" from "overweight." Wells Fargo said 2022 could represent a profit peak for legacy automakers, with the shift toward electric vehicles eroding profits in the years ahead.Tapestry (TPR) – Tapestry gained 2.9% in the premarket after the company behind the Coach and Kate Spade luxury brands reported an adjusted 51…

A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It's claimed that gasoline prices vary by region.Yasin Ozturk | Anadolu Agency | Getty ImagesRetail diesel and gasoline prices climbed to another record high Thursday, as rampant inflation sends costs across the economy surging.The national average for a regular gallon of gasoline hit $4.418 on Thursday, according to AAA. The price is not adjusted for inflation.Prices had…

Check out the companies making headlines in midday trading Thursday.Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold short, according to FactSet. The company has faced negative sentiment on Wall Street recently, with downgrades this month from Stifel, Morgan Stanley and Wells Fargo.Tapestry — Shares soared 15.9% after the luxury company behind Coach and Kate Spade reported that it expects Covid-related…

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022.Brendan McDermid | ReutersShares of two meme stocks surged Thursday, adding an unexpected wrinkle for a market that has been dropping in choppy trading for more than a month.GameStop jumped more than 30% and was halted for volatility multiple times, before its gains shank to about 5%. The stock of theater chain AMC Entertainment rose 7%, down from a surge of more than 20% at one point.GameStop…