Stocks making the biggest moves premarket: McDonald’s, UPS and more
Nathan Stirk | Getty Images News | Getty ImagesCheck out the companies making headlines before the bell.McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying customers are increasingly visiting its restaurants. Still, McDonald’s CEO Chris Kempczinski said he expects “short-term […]
Chevron, Tesla, Seagate Technology, United Rentals and more
Check out the companies making headlines in midday trading.Seagate Technology — Shares of the data storage company surged 10.9% a day after Seagate posted beats on the top and bottom line for its fiscal second quarter. Seagate reported earnings of 16 cents per share on revenue of $1.89 billion. Analysts called for earnings of 10 […]
Southwest, Tesla, Las Vegas Sands
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois.Luke Sharrett | Bloomberg | Getty ImagesCheck out the companies making the biggest moves premarket:Southwest — The airline dropped 2.1% after reporting a $220 million loss for the fourth quarter after the holiday meltdown cost […]
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 […]
Drug companies plan to raise prices on vital medicines to fund R&D, but they already spend more on shareholder returns
Drug companies planning to raise prices on cancer drugs and other life-saving treatments are justifying the move by claiming it’s necessary to fund research and development, but the claim rings hollow given that they spend more on shareholder rewards than on R&D, according to a new study. Accountable.US, a liberal-leaning consumer-advocacy group, found that in […]
Wynn Resorts, Microsoft, Honeywell, Salesforce and more
The Wynn Resorts logo stands illuminated as people sit by the fountain at the Wynn Macau casino resort in Macau, China, on Tuesday, July 24, 2018.Pual Yeung | Bloomberg | Getty ImagesCheck out the companies making the biggest moves midday:Wynn Resorts — The casino operator’s stock jumped 6.18%, building on its solid start to 2023. […]
General Electric, Salesforce, Alibaba and more
Cincinnati – Circa September 2021: General Electric Global Operations Center.jetcityimage | iStock Editorial | Getty ImagesCheck out the companies making headlines in premarket trading.General Electric — GE HealthCare Technologies begins trading as a separate company on the S&P 500 Wednesday. GE, in 2021, revealed plans to break up into three companies so it can focus […]