Best trades on CNBC Wednesday: Cathie Wood on Bitcoin, Zoom Video and Tesla

A summary of Wednesday’s top stock picks on CNBC.

Macy’s, Kohl’s raise prices to protect profits. Investors see that as a win.

A shopper visits a Macy’s flagship store in New York, May 20, 2021. Eduardo Munoz | Reuters A round of major retail earnings this week exposed a stark divide in the industry between retailers trying to keep prices low for customers amid rising inflation, and those able to pass on costs to shoppers this holiday … Read more

Nvidia, Kohl’s, Macy’s and more

Shoppers carrying Cole bags in Chicago. Christopher Dilts | Bloomberg | Getty Images Here are the companies making the biggest moves in midday trading: Nvidia — The chip giant saw its shares rise more than 9% after the company beat earnings and sales expectations for the third quarter. Nvidia reported adjusted earnings per share of … Read more

Alibaba,, Cisco, Nvidia and more

Check out the companies making headlines before the bell: Macy’s (M) Macy’s rose 8% in the primary market after the retailer reported better-than-expected quarterly sales and earnings, and raised its full-year forecast. Macy’s earned an adjusted $1.23 per share for the quarter, well above the consensus estimate of 31 percent, and the higher expectations eased … Read more

Factory shutdowns in Vietnam to have longer impact for retailers: BofA

Nike shoes are displayed at a shoe store on September 27, 2021 in Novato, California. Justin Sullivan | Getty Images The impact of prolonged factory closures in Vietnam is likely to be worse than many apparel and shoe retailers had planned, until 2022, according to analysts at BofA Securities. The Wall Street research firm said … Read more

Inflation remains the hot topic in week ahead as Walmart and other key retailers report

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, October 13, 2021. Brendan McDermid | Reuters Consumers are in the spotlight next week, with the impending release of October retail sales and earnings from supermarkets. Retail sales are the big economic report of the week, when the … Read more