Warner Bros. Discovery and its stock were in Wall Street’s focus Friday as analysts dissected its fourth-quarter and 2023 earnings report and management’s lack of outright 2024 guidance. Before the market opened, the Hollywood conglomerate reported that it managed to turn a profit for its direct-to-consumer unit, which houses its streaming business, for the full …
Consumers seem to be in a weird spot right now, with high-end luxury goods selling well, while some folks turn their back on McDonald’s (NYSE:MCD) following their price hikes. Indeed, the consumer could continue to be mixed going into the midpoint of this year as inflation and layoffs begin to work their way into sentiment. Despite this, Wall Street still seems quite upbeat on a handful of retail stocks (such as FIVE, BOOT, and TPX), which we’ll cover in this piece with some help from TipRanks’