Stocks (^DJI, ^GSPC, ^IXIC, ^RUT) are up slightly midday with energy leading for the second day in a row and with utilities and tech lagging. Stephen Guilfoyle joins us live from the floor of the New York Stock Exchange to discuss the markets.
Joining Yahoo Finance's Alexis Christoforous to discuss some of the other big stories of the day are Yahoo Finance's Rick Newman and Thomson Reuters correspondent Bobbi Rebell, author of "How to be a Financial Grownup."
Goldman Sachs profits down 60%, stock surges
The Dow’s worst performer year-to-date, Goldman Sachs, just reported this morning. Revenue was a big miss at $6.34 billion, the lowest since Lloyd Blankfein took the helm as CEO in 2006. Profits were down too—60% from a year ago, but not as much as analysts were expecting. Naturally, the stock is surging today on the news. How concerned should shareholders be that five of the eight largest banks failed their living will tests last week?
CVS goes curbside
For CVS customers, waiting in line could be a thing of the past. Partnering with startup Curbside, the retailer is launching CVS Express, which will allow customers to order most items using a mobile app for curbside pickup. CVS is promising that customer orders will be ready within an hour. Is this move a shot across the bow at Amazon and its same-day service?
Visa to fix those slow, pesky chip cards
And here's another thing that might speed up your check-out time. Visa is updating its chip-embedded cards. The new chips will let customers dip and remove cards in two seconds or less, without having to wait for purchases to be finalized. Is this going to solve a major headache for retailers?