Market Movers rounded up the best reactions on Home Depot from investors and analysts. The pros, including Jim Cramer , discussed the home improvement company after it released fiscal second-quarter results before Tuesday’s opening bell. Home Depot reported revenue and earnings that both beat analysts’ expectations. It was the first time the retailer beat Wall…

A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Banks — Major Wall Street banks slid during midday trading after CNBC reported Tuesday that Fitch Ratings may once again downgrade the health of the banking…

Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New York City, New York, May 22, 2023. Mike Segar | Reuters Minneapolis Federal Reserve President Neel Kashkari favors getting tougher on regional banks, following a crisis earlier this year that he said may not be…

Check out the companies making headlines in premarket trading. Discover Financial Services — Shares slipped 6.5% after CEO Roger Hochschild resigned. The company said board member John Owen would assume the role of interim chief executive. Turnstone Biologics — Stock in the biotechnology company slipped 2.3% in premarket trading. Earlier on Tuesday, investment firm Piper…

BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months. Retail sales rose by 2.5% in July from a year ago, below expectations for a 4.5% increase, according to analysts…

A Discover Financial Services credit card. Scott Eelis | Bloomberg | Getty Images Check out the companies making headlines after the bell. Discover Financial Services — The financial services stock fell more than 5% after announcing the resignation of its CEO. The board announced that Roger Hochschild would step down from the position, effectively immediately, and…

Former Goldman Sachs CEO Lloyd Blankfein said he couldn’t imagine returning to his old firm, disputing a news report that said Blankfein offered to return in some capacity. The New York Times piece “misquoted” Blankfein told CNBC Monday in a phone conversation. The Times reported Friday that Blankfein told his successor, David Solomon, in a…

Market Movers rounded up the best reactions on Cleveland-Cliffs from investors and analysts. The pros, including Jim Cramer , discussed the mining name a day after U.S. Steel said it turned down a $7.3 billion dollar buyout offer from the rival company. Cleveland-Cliffs CEO Lourenco Goncalves joined CNBC on Monday to discuss his thoughts on…

General view of the UBS building in Manhattan, New York, June 5, 2023. Eduardo Munoz Alvarez | View Press | Corbis News | Getty Images Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its offering of residential mortgage-backed securities dating back to the global financial…

Traders work on the floor of the New York Stock Exchange, Aug. 22, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. AMC — Shares of the movie theater stock sank almost 35% after a judge late Friday approved AMC Entertainment’s plan to convert its preferred shares to common stock.…