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70,971.16 +3,972.06 (+5.93%) CMC Crypto 200
1,537.58 +49.04 (+3.30%)
M May 2024 19.500 put
| Previous close | 0.2300 |
| Open | 0.1800 |
| Bid | 0.0300 |
| Ask | 0.0900 |
| Strike | 19.50 |
| Expiry date | 2024-05-17 |
| Day's range | 0.0500 - 0.1800 |
| Contract range | N/A |
| Volume | |
| Open interest | 535 |
- Yahoo Finance Video
Ether ETF hopes, Macy's earnings, Nvidia: 3 Things
Stock futures (^DJI, ^GSPC, ^IXIC) are muted on Tuesday morning after the tech-heavy Nasdaq recorded a new record closing high on Monday. The moves are tied to AI optimism, as investors await Nvidia's first-quarter results (NVDA). First-quarter retail earnings from Macy's (M) and Lowe's (LOW) provided a fresh read on the state of the consumer. Macy's beat expectations as it weighs a future between a turnaround and a buyout. Lowe's beat on earnings and revenue even as consumers spent less on DIY projects. Ethereum (ETH-USD) and bitcoin (BTC-USD) are surging on renewed hopes of a new class of US exchange-traded funds (ETFs) tied to ether. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This article was written by Gabriel Roy.
- Yahoo Finance Video
Macy's earnings, Fedspeak: What to Watch
As the trading day draws to a close, here's what's in store for tomorrow, Tuesday, May 21. Earnings season continues with several notable companies scheduled to report their quarterly results. Among them are retailers Lowe's (LOW), Macy's (M), and Urban Outfitters (URBN), whose results will all provide valuable insights into the state of the consumer. Additionally, commentary from various Federal Reserve officials, including New York Fed President John Williams and Fed Vice Chair for Supervision Michael Barr, are expected to shed light on the central bank's outlook on monetary policy. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
Associated Press FinanceMacy's tops expectations for the first quarter as luxury and beauty sales shine
Macy's sales and profits fell during the first quarter as higher costs and other financial challenges had customers pulling back on spending. Macy's, which also operates upscale Bloomingdale's and Bluemercury beauty chains, reported earnings of $62 million, or 22 cents per share for the quarter ended May 4. Adjusted per share earnings were 27 cents, much better than the 16 cents that Wall Street was looking for, according to a survey by FactSet.
