Money & Markets modules for Thursday, Nov. 16, 2023

TODAY

Walmart and Macy's report their latest quarterly results; the Labor Department gives its weekly report on applications for unemployment benefits, which are considered a proxy for layoffs

SPOTLIGHT

Target had its biggest gain in more than four years after the retailer reported better-than-expected profit and sales for its third quarter, benefiting from efforts to trim costs.

CENTERPIECE

Meta scores on advertising

Facebook and Instagram owner Meta is the target of dozens of lawsuits over harms its platforms cause to children, but on the advertising revenue front, it is doing just fine.

STORY STOCKS

Target (TGT)

Fiserv (FI)

Alcon (ALC)

Getty Images (GETY)

Catalent (CTLT)

Goodyear Tire & Rubber (GT)

JD.com (JD)

Fluent (FLNT)

FUND FOCUS

Baron Global Advantage (BGAFX)

"A poor year doesn't invalidate this aggressive offering," Morningstar says. This fund "still has the flexibility, resources, and discipline to come back over the long term."

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