Goldman Sachs, Morgan Stanley, Roblox, Alibaba and more
Brendan McDermid | ReutersCheck out the companies making headlines in midday trading.Goldman Sachs — Shares of the Wall Street investment bank shed more than 7% after it reported its worst earnings miss in a decade. Goldman Sachs missed analysts’ estimates on both the top and bottom lines, with loan loss provisions coming in higher than […]
Goldman, Pfizer, Cheesecake Factory, Alibaba and more
A Cheesecake Factory restaurant in Louisville, Kentucky.Andy Lyons | Getty ImagesCheck out the companies making the biggest moves midday:Goldman Sachs — The bank slid more than 2% after reporting earnings-per-share and revenue that missed Wall Street estimates Tuesday.related investing newsPfizer — Wells Fargo downgraded the pharmaceutical giant to equal weight from overweight on Monday, saying […]
JPMorgan Chase, Wendy’s and more
A sign is posted in front of a Wendy’s restaurant on August 10, 2022 in Petaluma, California.Justin Sullivan | Getty ImagesCheck out the companies making headlines in midday trading.JPMorgan – Shares of the biggest U.S. bank by assets rose more than 2% after the firm posted fourth-quarter profit and revenue that topped expectations. The New […]
JPMorgan, Virgin Galactic, Tesla and more
A person enters the JPMorgan Chase headquarters in New York, June 30, 2022.Andrew Kelly | ReutersCheck out the companies making the biggest moves in the premarket:JPMorgan — The bank reported fourth-quarter earnings and revenue before the bell that topped Wall Street expectations. However, it said a mild recession is now the “central case.” JPMorgan slid […]
Cognizant, American Airlines, Logitech and more
Los Angeles, CaliforniaJan. 11, 2023Flights prepare to take off at LAX on Jan. 11, 2023 after an FAA computer problem. Carolyn Cole | Los Angeles Times | Getty ImagesCheck out the companies making headlines in midday trading.Cognizant — Shares of Cognizant rose 8% after the IT company raised its fourth-quarter revenue guidance. It also named Ravi […]
Stocks making biggest moves premarket: Disney, Logitech and more
In this photo illustration the Disney+ logo seen displayed on a smartphone screen.SOPA Images | LightRocket | Getty ImagesCheck out the companies making headlines in premarket trading.Disney – Disney shares added more than 1% in early morning trading after the company elected independent director Mark Parker as Chairman of the board. It also opposed activist investor […]
Inflation is expected to have declined in December
A woman shops in a supermarket as rising inflation affects consumer prices in Los Angeles, California, June 13, 2022.Lucy Nicholson | ReutersThe pace of consumer inflation is expected to have fallen slightly in December from the prior month because of a sharp drop in gasoline and energy prices, but the annual rate is still likely […]
Bed Bath & Beyond, Tesla, Expedia and more
Shoppers enter a building housing a Bed Bath & Beyond Inc. store in New York.Mark Kauzlarich | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Meme stocks — A group of so-called meme stocks skyrocketed Wednesday as retail investors jumped into speculative trades again. Bed Bath & Beyond rallied 38% to trigger the […]
CarMax, Salesforce, Coinbase and more
Check out the companies making headlines in premarket trading.CarMax — Shares of the used car seller slid 4.8% after JPMorgan downgraded them to underweight, saying investors aren’t fully pricing in the risks surrounding the company and hope for a recovery looks “premature.” CarMax fell 53% in 2022 but has risen 18% since its disappointing quarterly […]
Bed Bath & Beyond, Coinbase, Virgin Orbit and more
Virgin Orbit’s LauncherOne rocket on display in Times Square, New York.CNBC | Michael SheetzCheck out the companies making the biggest moves midday:Virgin Orbit — The satellite launch service company fell 12% a day after it confirmed its first launch out of the United Kingdom Monday failed to reach orbit. The mission was Virgin Orbit’s sixth […]