Hi John. Yeah, so GAP earnings uh are out and it does look like shares are moving all over the place here. So for the quarter, GAP putting up an earnings beat of 57 cents.A street was looking for 55 cents. So that's a beat. Revenues missing slightly at 3.73% billion.The street was looking for 3.74% billion. Comparable sales, they did grow 1%, but that is about half of what the street was looking for. If you break down by brand, Banana Republic very strong, much more than expected at 4%.The street was lookin ...

Uh for more on this record market day now, let's bring in Kestre Investment Management Chief Investment Officer Cara Murphy and G Squared Private Wealth Chief Investment Officer and CNBC contributor Victoria Green. Welcome to both of you. Um let's see.Uh where should we start. Cara, an everything rally is a fair description of what we've had so far. How long can it continue.>> It's a good question. I mean, and we've been able to sort of consume and digest and move beyond a lot of negative information over t ...

Hey there, John. So, a firm shares down about 1% in after hours trading despite beating on both the top and bottom line. You've got EPS coming in at 20 cents.The street was looking for 11 cents. Revenue at 876 million, up 33% from a year earlier. The street consensus was 837 million.We're also seeing a beat on GMV for the quarter. That's a key metric looking at the total value of transactions coming in at 10.4% billion versus the 9.61% 61 billion expected. What might be weighing down on sentiment a little b ...

Market Trend & Analysis - The market is on pace for record setters across the S&P 500, potentially exceeding 6,500 [1] - Market breath improved significantly after Jackson Hole, indicating a positive sign for the overall stock market [2][3] - Cyclicals versus defensives risk ratios have broken out to year-to-date highs, signaling a positive risk environment [5] Sector Rotation & Investment Opportunities - The analysis suggests avoiding defensive, low volatility names and focusing on cyclical areas [5] - Energy sector is highlighted as a potential breakout opportunity, being one of the worst-performing sectors year-to-date [5][6] - XLE ETF has an unfilled gap around $93, suggesting a near-term target for potential gains [6] Sentiment & Positioning - Large speculators have the smallest net long position in crude oil relative to open interest in about 15 years, indicating skewed sentiment [7] - Breakouts are starting to be seen in many energy charts, such as XLE and XOP [7][8]

For more on the state of the business, we welcome in retailing legend Mickey Drexler. He is the former Gap and Jay Crew CEO. He is now the chairman of Alex Mill.Always stylish. And he is here in person at Post Nice. Nice to see you.>> You too, Scott. >> Um, is that that's how it is, right. It depends on what you sell and who you sell it to.Do we have like a bifurcated retail landscape now. >> You mean what you sell. uh buy.>> Yeah. I mean, if you're selling like clo if you sell clothes versus goods and if y ...

The question is, what happens next. Let's ask Stacy Rascan with Bernstein his first reaction here to that earnings. Prince, good to see you and I appreciate you doing this on our program.You You bet. You bet. Yeah, the stock's off.You raise a target, so you must be happy, right. You raised a price target. Yeah.Yeah, we we took our target up. We took our estimates up. We rolled our valuation horizon forward a little bit.I I I think it's fine. Um the the quarter was was fine. you may have like missed like sor ...

Today, Bitcoin holds its ground above $112,000 while Ether drops to $4,500. And Panta Capital's Paul Veratakit breaks down his new report detailing this year's rise in venture capital funding for crypto. Welcome to CBC's Crypto World.I'm Brandon Gomez. Digital currencies are mixed this morning with Bitcoin in the green by noon Eastern. The cryptocurrency hovered around $112,000.Meanwhile, Ether fell more than 3% this morning and crossed below $4,600. And XRP is also in the red, falling more than 1% and slip ...

It does take us to our talk of the tape. Where does this market go from here. Following the Nvidia clearing event, let's ask Ed Yardenni, the president of Yardi Research, and Gabriella Santos of JP Morgan Asset Management.Both, as you see very clearly, are with me at Post 9. It's nice to see you both. Sure.>> All right, Ed. So, we've gotten all the we've gotten it all out of the way, >> right. We got all the mega caps and now we got Nvidia.What do you make of the way the market's now sort of reacting, diges ...

All right, welcome back. Let's hit another CNBC exclusive retail reporter Gabby Fon Rouge has a new story right now on CBC. com about Nike and how it is laying off some management.A story that you will only hear here. Gabby, welcome. What have you found out.>> So, what we found out today is that Nike is laying off less than 1% of its corporate staff. Nike has about 77,000 employees worldwide, but a lot of those people are part-time store employees. So, we don't know the exact number of people that are going ...

EV Startup Slate's Potential - Slate is targeting the affordable EV market, differentiating itself from high-end EV manufacturers [2][3] - Slate's simplified manufacturing process, including injection-molded body panels, aims to reduce capital expenditures [3] - The average vehicle cost is approximately $48,000, creating an opportunity for more affordable options [4] - Slate's pickup truck size is reminiscent of the smaller, commuter-focused pickups of the mid-90s [5] Challenges and Risks - Scaling manufacturing and supply chains is a significant challenge for EV startups [6] - Sourcing components solely from the US may shield Slate from tariffs but could increase costs [8] - The removal of federal incentives for EVs impacts the final price for consumers [9] - Pre-order numbers can be misleading and may not accurately reflect actual sales [11][12] - Increased competition is expected with Ford and other manufacturers entering the small EV pickup market [13][14] Pricing and Market Positioning - Slate initially announced a price of around $27,000, which was expected to be reduced to approximately $20,000 after federal incentives [9] - Vehicles priced below $30,000 could appeal to first-time buyers and those seeking affordability [10] - Maintaining the target price point will be challenging but crucial for success [14] Production Capacity - Slate's plant has a production capacity of 150,000 units [10]