Market Insider

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

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 Markets are looking

Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – The drugmaker said it should know before the end of the year whether its experimental Covid-19 vaccine is effective, if it can resume clinical trials soon. Late-stage trials are currently suspended while an independent safety committee investigates an illness suffered

Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19. Justin Sullivan | Getty Images Check out the companies making

Chris Ratcliffe | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Slack — Shares of Slack tanked 14% after its quarter results showed steady growth instead of an expected boost from the coronavirus. Although it beat on full-year guidance, the team communications software company’s revenue growth came in below 50%

A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters The swift correction in Nasdaq and technology stocks has cleared away some of the market’s

Workers walk outside the Tesla Inc. Gigafactory in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading.  Tesla – Shares of the electric vehicle company slid more than 14% after it was not added to the S&P 500, despite widespread speculation

A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Check out the companies making headlines after the bell: Slack — Shares of the messaging platform tanked 14% in after hours trading on Tuesday despite its better-than-expected quarterly results. Revenue came in at $215.9 million, higher than the estimated

Take a look at some of the biggest movers in the premarket: Facebook (FB) – Facebook announced it would not accept new political ads in the week before Election Day, and will remove posts that claim people will get Covid-19 if they take part in voting. Facebook will also add informational labels to any posts

A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters When stock buying starts to get giddy, at some point, the froth has to blow

Take a look at some of the biggest movers in the premarket: DocuSign (DOCU) – The provider of electronic signature technology reported quarterly earnings of 17 cents per share, more than doubling the 8 cents a share consensus estimate. Revenue also beat forecasts and DocuSign issued upbeat full-year guidance. Broadcom (AVGO) – Broadcom came in

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading.  Tesla — Tesla shares whipsawed in midday trading, trading higher by 0.5% after falling as much as 8.5% and into bear-market territory earlier in the session. The stock of the electric car maker has come under marked pressure

SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on November 6, 2019 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images Japan’s SoftBank was reportedly the “Nasdaq whale,” that bought  billions of dollars in individual stock options in big tech companies over the past month, driving up volumes and

A pedestrian outside the New York Stock Exchange in New York, July 29, 2020. Wang Ying | Xinhua News Agency | Getty Images The tech wreck is probably not over, despite Friday’s market comeback.  Analysts expect the shakeout in stocks to continue after the long Labor Day weekend, especially in technology names and the Nasdaq,

As Phase One of reopening begins in Northern Virginia today, a waiter in a face mask to protect against the coronavirus (COVID-19) carries food to diners seated outdoors at a restaurant in Alexandria, Virginia, May 29, 2020. Kevin Lamarque | Reuters The pace of rehiring is expected to have slowed in August, and the economy

Angel Navarrete | Bloomberg | Getty Images Check out the companies making headlines after hours on Thursday: Broadcom — Shares of the semiconductor builder rose 1% in after-hours trading on the back of better-than-expected results for the previous quarter. Broadcom posted a profit of $5.40 per share on revenue of $5.82 billion. Analysts polled by

People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY. Gary Hershorn | Getty Images Check out the companies making headlines after the bell:  Five Below — Five Below shares rallied after the close of the regular session Wednesday evening after it said sales

Elon Musk, chief executive officer of Tesla Inc., arrives at federal court in New York, U.S., on Thursday, April 4, 2019. The SEC says Musk violated his agreement with the agency when he tweeted on February 19 that Tesla would make about half a million cars in 2019, before tweeting a few hours later that

Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly profit of 92 cents per share, more than doubling the 45 cents a share consensus estimate. Revenue came in well above Street forecasts. Zoom also raised its annual revenue forecast by more than 30%, with the

A worker is seen wearing a mask while organizing merchandise at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters Check out the companies making headlines in midday trading.  Zoom Video — Shares of the video conferencing company rallied more than 30% on the back of better-than-expected results for