Traders work on the floor of the New York Stock Exchange. NYSE The stock market appears set on rising into 2021 — a year expected to see some return to normalcy, above trend economic growth, and a higher stock market, according to Wall Street. Even with this year’s sharp sell-off, the S&P 500 is notching
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Check out the companies making headlines in after hours trading. FedEx — Shares of the shipper slid more than 3% in after hours trading despite FedEx beating top and bottom line estimates during the second quarter. For the period the company earned $4.83 excluding items, on $20.56 billion in revenue. Analysts surveyed by Refinitiv expected
The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Here are the stocks making headlines in midday trading: Roku — Shares of Roku gained 3.5% after the streaming company announced it will carry HBO
Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: Herman Miller — Shares of the office furniture company rose 0.8% in the back of better-than-expected earnings. Herman Miller reported earnings per share of 89 cents, topping a FactSet estimate of 56 cents per share. The company’s revenue also
A security guard stands in a greenhouse of Tilray medical cannabis producer’s European production site in Cantanhede, on April 24, 2018. Patricia De Melo Moreira | AFP | Getty Images Check out the companies making headlines in midday trading. Tilray — Shares of Tilray surged more than 20% after the cannabis company and peer Aphria
The Fed may see a brighter long-term outlook when it releases its economic forecasts Wednesday due to vaccine developments, but it also has the opportunity to disappoint at least some investors who are expecting immediate changes in its bond buying program. The market has been divided about whether the Fed would extend the duration of
The Apple iPhone 12 Pro Max is unveiled during a virtual product launch. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Apple — Apple shares rose more than 3% after Nikkei reported the tech giant will ramp up its iPhone production by about 30% in the first
Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Multiple Google services, including Gmail and YouTube, suffered a widespread outage this morning for an undetermined reason. “Service has already been restored for some users, and we expect a resolution for all users in the near future,” Google said in
A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Pfizer, BioNTech — Shares of the drug makers fell 2% and 6% respectively, despite the Food and Drug Administration’s approval of the firms’ Covid-19
Jason Kempin | Getty Images Entertainment | Getty Images Check out the companies making headlines in midday trading. Best Buy — Shares of the retailer slipped 2.4% after Goldman Sachs downgraded the stock to sell from neutral. The investment firm said in a note to clients that Best Buy is “one of the best run
People line up to receive free holiday boxes of food from the Food Bank For New York City ahead of the Thanksgiving holiday, as the global outbreak of the coronavirus disease (COVID-19) continues, in the Harlem neighborhood of New York, U.S., November 16, 2020. Brendan McDermid | Reuters The surprise jump in new jobless claims
People wearing face masks are seen inside a Tesla showroom at a shopping mall in Wuhan, Hubei province, the epicentre of China’s coronavirus disease (COVID-19) outbreak, March 30, 2020. Aly Song | Reuters Tesla’s entry into the S&P 500 could be anything but a quiet ride, and it is likely to put downward pressure on
Check out the companies making headlines in midday trading. Snowflake — Shares of the data-warehousing software maker slid more than 4% after Deutsche Bank downgraded the stock a hold rating. “Pent-up demand for high-multiple names, such as Snowflake, may be limited as we wrap up 2020 and investors look to protect their year,” the firm
Traders work on the floor of the New York Stock Exchange. NYSE The week ahead is so jam-packed for markets that it could determine whether there will be a smooth glide path for a Santa rally into the end of the year. First, Congress looks set to fight down to the wire about a pandemic
Take a look at some of the biggest movers in the premarket: Walt Disney (DIS) – Disney said its Disney+ streaming service now has 86.8 million subscribers, a number it says could grow to 260 million by 2024. The company said over the past 2 months, the service has added more than 13 million subscribers.
Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai. Alex Tai | SOPA Images | LightRocket | Getty Images Check out the companies making headlines after the bell: Lululemon — Shares of Lululemon rose slightly after the athletic apparel retailer posted quarterly results that topped expectations. Lululemon reported sales of $1.1 billion, up
Take a look at some of the biggest movers in the premarket: Moderna (MRNA) – The drugmaker has begun a study of its Covid-19 vaccine candidate involving adolescents aged 12 to less than 18. Moderna has dosed the first participant in a study expected to enroll 3,000 healthy people. Shares of Moderna was down 1.3%
Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Check out the companies making headlines midday on Monday: Tesla — Tesla jumped more than 4% to hit a
Take a look at some of the biggest movers in the premarket: Campbell Soup (CPB) – The food maker reported quarterly profit of $1.02 per share, 11 cents a share above estimates. Revenue topped forecasts as well. Campbell also raised its quarterly dividend by 6% to 37 cents per share. The shares gained 1.5% in
Katrina Lake, co-founder and chief executive officer of Stitch Fix Inc. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines midday Tuesday: Stitch Fix — Shares of the clothing subscription service soared 45% after the company beat top and bottom-line estimates during its fiscal first-quarter results . Stitch Fix earned
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