The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: eBay — Shares of the online marketplace rose 8.5% in after-hours trading after the company reported fourth-quarter earnings and revenues that topped analysts’ expectations. eBay posted adjusted per-share
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Take a look at some of the biggest movers in the premarket: Spotify (SPOT) – The music streaming service reported a wider-than-expected quarterly loss, although its revenue did beat analyst forecasts. The number of premium subscribers jumped by 24% to a better-than-expected 155 million. The stock fell 7% in premarket trading as of 7:32 a.m.
Amazon CEO Jeff Bezos Alex Wong | Getty Images Check out the companies making headlines after the bell: Amazon —Shares of the retailer were up 1% in after-hours trading on the back of quarterly results that beat analyst expectations. Amazon reported earnings per share of $14.09 on revenue of $125.56 billion. Analysts polled by Refinitiv
Take a look at some of the biggest movers in the premarket: United Parcel Service (UPS) – UPS reported quarterly earnings of $2.66 per share, beating a consensus estimate of $2.14 a share. The revenue also came in above estimates for the holiday quarter. Among the factors boosting the bottom line: a 7.8% increase in
Jakub Porzycki | NurPhoto | Getty Images GameStop stock has defied gravity in the past and it could again, but there are some signs its stock may be topping out, some strategists say. GameStop was down sharply Monday, off more than 30% at $225. It has been the poster child of a group of stocks
Take a look at some of the biggest movers in the premarket: Otis Worldwide (OTIS) – The world’s biggest producer of escalators and elevators reported quarterly earnings of 66 cents per share, 7 cents a share above estimates. Revenue came in above estimates as well and Otis issued a better-than-expected earnings forecast for 2021. Otis
Facebook’s logo displayed on a phone screen and keyboard. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines after the bell: Facebook — Shares of the social media giant was down more than 4% in after hours trading on Wednesday following its quarterly results. Earnings came in at $3.88 per share,
Some market pros see the frenzied short squeezes in Gamestop and other stocks as signs of a bubble brewing, but the Federal Reserve doesn’t seem to and for that reason investors expect asset prices could continue to rise. Fed Chairman Jerome Powell, at his post meeting briefing Wednesday, was asked about the potential of Fed
Small investors outsmarted the smart money, and the war between the Reddit traders and hedge funds seems to have made an indelible mark on Wall Street. Big investors or hedge funds, who hold short positions in individual stocks, saw some of these positions come under siege from a large cohort of small investors, many of
Daniel Acker | Bloomberg | Getty Images These stocks are making some of the largest moves in midday trading: Mondelez International — Mondelez, which owns snack brands including Oreo and Ritz, dipped 2% despite reporting better-than-expected earnings. Modelez earned 67 cents per share, topping estimates by one cent, according to Refinitiv. Revenue came in at
Traders work on the floor of the New York Stock Exchange. NYSE Earnings news from Amazon and Alphabet, the important January jobs report and Washington’s discussion of stimulus could all be important to markets in the week ahead, but none of it is likely to get more attention than the short squeezes driven by retail
Take a look at some of the biggest movers in the premarket: Biogen (BIIB) – The drugmaker’s shares jumped nearly 12% premarket on news that the Food and Drug Administration has extended the review period by three months for its experimental Alzheimer’s treatment aducanumab. Biogen is providing additional data to the FDA as part of
Visa and Mastercard credit cards. Getty Images Check out the companies making headlines after the bell: Visa — Shares of the payments giant rose 1% in extended trading on Thursday after beating on the top and bottom lines of its quarterly results. Visa reported earnings per share of $1.42 on revenue of $5.69 billion. Wall
Take a look at some of the biggest movers in the premarket: American Airlines (AAL) – American’s stock is surging more than 60% in premarket trading after a better-than-expected fourth quarter. The airline lost $3.86 per share, less than the anticipated loss of $4.11, and revenue came in above analyst forecasts. American did post an
A worker wearing a protective face mask operates a forklift to move boxes of face shields ready for shipment at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, April 29, 2020. Adam Glanzman | Bloomberg | Getty Images The economy continued to chug along in the fourth quarter, boosted by a surge in business
Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing reported a quarterly loss of $15.25 per share, which included $8.3 billion in charges relating to the 737 Max and a delay in the 777-X program, among other factors. Boeing’s revenue came in above Wall Street forecasts. Separately, EU
Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company’s annual shareholders meeting in Bellevue, Washington, on Nov. 29, 2017. David Ryder | Bloomberg | Getty Images Check out the companies making headlines after the bell: Microsoft — Shares of the software giant popped more than 5% in after-hours trading after the company
Take a look at some of the biggest movers in the premarket: American Express (AXP) – The financial services giant reported fourth-quarter earnings of $1.76 per share, compared to a consensus estimate of $1.31 a share. Revenue matched Wall Street forecasts. Amex suffered a slump in travel and entertainment spending, although a jump in online
A visitor in front of the Wall Street Bull, a bronze sculpture in the Financial District of Manhattan New York, May 19, 2020. Timothy A. Clary | AFP | Getty Images Speculative trading in some high momentum stocks and options could be signaling a near-term top, but the bull market is likely to run on
Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop shares surged 40% in premarket trading, continuing its meteoric recent rise. The video game retailer’s stock is worth about 3-1/2 times more than it was when 2021 began, amid a battle between GameStop enthusiasts and short sellers. GameStop is
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