Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters Check out the companies making headlines after the bell: Nike — Shares of the athletic retailer soared more than 9% in extended trading on Tuesday after reporting better-than-expected fiscal first quarter earnings. Nike reported earnings of 95
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Take a look at some of the biggest movers in the premarket: Amazon.com (AMZN) – Bernstein upgraded Amazon to “outperform” from “market perform,” saying a 16% drop in the stock over the past few weeks has created an attractive entry point. Bernstein highlights Amazon’s growth prospects, noting a 50% increase this year in fulfillment capacity.
Nikola Motor Company Two truck Source: Nikola Motor Company Check out the companies making headlines after the bell: Nikola — Shares of Nikola fell about 1% in extended trading, adding to steep losses on Monday. The decline came after Nikola founder and executive chairman Trevor Milton announced his resignation overnight. Milton’s departure follows short seller
Take a look at some of the biggest movers in the premarket: Nikola (NKLA) – Nikola founder Trevor Milton is stepping down as executive chairman of the electric truck maker, amid allegations from short-seller Hindenburg Research that it had misled investors and automakers. Royal Caribbean (RCL), Norwegian Cruise Line (NCLH) – A cruise industry panel has
Check out the companies making headlines before the bell: Snowflake (SNOW) — Shares of Snowflake dropped more than 6% after the cloud company’s shares more than doubled at its market debut on the New York Stock Exchange. The initial public offering marked the largest software debut ever. Snowflake was worth $70.4 billion at the end of Wednesday’s trading, more
Snowflake banners decorate the New York Stock Exchange to market the debut of the software company’s shares in New York on Sept. 16, 2020. Source: Snowflake Check out the companies making headlines in midday trading. Tesla — Shares of the electric automaker shed more than 3% ahead of the company’s widely-anticipated Battery Day on Tuesday. “Our
Check out the companies making headlines in the premarket Friday: Home Depot (HD), Lowe’s (LOW) — An analyst at Oppenheimer downgraded both of the home improvement companies to “perform” from “outperform.” He also lowered his price targets on the two stocks, noting that, near term, “we’re increasingly concerned that the market is becoming too lax toward chances
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines in midday trading. U.S. Steel — U.S. Steel shares popped more than 9% after the company reported a smaller-than-expected loss for its
A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images After another week of losses, tech could be at the heart of a tug of war as dip buyers
Traders with masks work on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. Brendan McDermid | Reuters This summer’s heavy speculation in stock options helped drive frothy prices, and
Cloud data warehouse company Snowflake is promoted at the Nasdaq MarketSite, Wednesday, Aug. 5, 2020, in New York’s Times Square. Mark Lennihan | AP Check out the companies making headlines after the bell: Snowflake — Selling in the biggest software IPO continued in extended trading with shares of Snowflake down more than 1%. The cloud company
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, Jan. 29, 2020. Andrew Harrer | Bloomberg | Getty Images The Fed does not expect to see inflation pick up for years, and it is willing to keep rates at zero even
Brian Walker, CEO, Herman Miller Scott Mlyn | CNBC Check out the companies making headlines after hours Wednesday: Herman Miller — Shares of the office furniture builder jumped more than 14% on the back of better-than-expected results for the previous quarter. Herman Miller reported adjusted earnings per share of $1.24. Analysts polled by FactSet expected
Federal Reserve Chairman Jerome Powell, wearing a face mask, testifies before the House of Representatives Financial Services Committee during a hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), on Capitol Hill in Washington, U.S., June 30, 2020. Tasos Katopodis | Reuters The Federal Reserve
Getty Images Check out the companies making headlines after the bell: FedEx — Shares of the shipping company jumped more than 8% in extended trading after beating on the top and bottom lines of its stellar quarterly results. FedEx reported earnings of $4.87 per share on revenue of $19.32 billion. Analysts polled by Refinitiv expected earnings
Check out the companies making headlines in the premarket Monday: Nvidia (NVDA) — Nvidia shares popped more than 6% in the premarket after the company announced it would buy fellow chipmaker Arm Holdings from SoftBank. The deal is valued at $40 billion and Nvidia will finance it through a combination of cash and common stock. Immunomedics (IMMU),
Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld conference in San Francisco on Oct. 22, 2018. Bloomberg Check out the companies making headlines midday Monday: Immunomedics — Immunomedics stock more than doubled on news that Gilead Sciences would buy the cancer drugmaker for $21 billion. The transaction is expected
Take a look at some of the biggest movers in the premarket: Tiffany (TIF) – Shares of the luxury goods retailer are under pressure after France’s LVMH said it would stick to a Nov. 24 deadline to complete the deal and that current circumstances would not allow that to happen. Tiffany said it would sue
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton earned 27 cents per share for its latest quarter, compared to the consensus estimate of 10 cents a share. The exercise equipment maker’s revenue also topped expectations. The profit was Peloton’s first ever, with revenue nearly tripling on the
Roberto Machado Noa Check out the companies making headlines midday Friday: Peloton — The exercise equipment maker’s stock jumped 2.5% after the company handily beat earnings expectations for the fourth quarter. The company earned 27 cents per share, compared with the 10 cents expected by analysts polled by Refinitiv. Sales surged 172% during the quarter
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