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03.06.26 - 17:18
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Macy′s Lifts Sales Outlook; GameStop Collectibles Business | Stock Movers (Bloomberg)
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On this episode of Stock Movers with John Tucker:
- Macy's (M) shares are on the move after it lifted its sales outlook for the year, a sign that the company's focus on growing its luxury business and improving its assortment is paying off.
- GameStop (GME) shares are climbing after the video-game retailer reported a record quarterly profit driven by its collectibles business. Sales overall climbed 14% to $835.3 million. Net income of $389.6 million was the highest ever for a quarter in the company's history, GameStop said in a regulatory filing Tuesday.
- Palo Alto (PANW) shares are dropping as the security software company reported results following a 61% year-to-date rally. The company reported third-quarter results that beat the average analyst expectation and raised its full-year forecast for key metrics, but failed to meet elevated buyside expectations. (Source: Bloomberg)...
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05.05.26 - 19:24
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Stocks Near Highs As Earnings Roll On | Open Interest 5/5/2026 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks push toward fresh highs, Apple eyes more US chip production, and GameStop's eBay bid faces skepticism as Michael Burry exits. Plus, Duke Energy CFO Brian Savoy breaks down the company's earnings beat. And we're live from the Milken Conference in Beverly Hills with Carlyle's John Redett, EQT's Per Franzen, JPMorgan's Anu Aiyengar talking AI, power demand, private equity and megadeals. (Source: Bloomberg)...
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