) is a top focus for Wall Street as investors brace for the company's latest earnings report after the bell. The company currently holds about 5% of the weight of the entire S&P 500 is feeling the pressure as the retailer posted its first quarter earnings, missing Wall Street expectations, with its sales falling about 3% year-over-year. Yahoo Finance trending tickers include Tesla -- A coalition of Tesla Inc.
-- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed rate decision, Qualcomm, Etsy, Zillow report: Yahoo FinanceThe Federal Reserve Open Market Committee is announcing its latest decision on interest rates. The central bank is widely expected to stay on pause, but...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Tesla stock jumps, questions swirl about Paramount: Yahoo FinanceShares of Tesla (TSLA) soared more than 15% after the EV maker secured Chinese regulators’ support for its self-driving technology. Another trending ticker...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Apple earnings on tap, investors digest Fed decision: Yahoo FinanceIt's a busy day on Wall Street with investors bracing for earnings from numerous top names, including Apple (AAPL), Coinbase (COIN), Block (SQ), DraftKings (...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
April jobs report, Apple’s stock rallies on earnings: Yahoo FinanceTraders are closely watching the April jobs report to see if there are any signs of the labor market tightening. Economists are expecting the US economy...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks surge as soft jobs report revives Fed rate cut hopes: Yahoo FinanceAll three of the major indexes (^DJI, ^GSPC, ^XIC) jumped after the April employment report showed the US added 175,000 jobs last month, far fewer than the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Investors eye earnings from Disney, Uber, Airbnb in another busy week: Yahoo FinanceIt’s another big earnings week on Wall Street. Warren Buffett’s Berkshire Hathaway (BRK-B, BRK-A) kicked it off over the weekend, reporting first quarter...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »