Check out the companies making headlines before the bell: Snap – Shares of the Snapchat parent plunged 19.5% in the premarket after the company warned of slowing growth due to the recent changes in Apple’s iOS privacy rules. Those rules make it more difficult to gather information from users and target ads. Snap did beat estimates by
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In this article FB DWAC MRNA SNAP Getty Images Check out the companies making headlines in midday trading. Snap – Snap shares plummeted by more than 24% after it reported its quarterly results, which included a revenue miss as well as an earnings beat. The social media company said its advertising business declined due to Apple’s
Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images An earnings avalanche is coming in the week ahead that could put the stock market’s recent gains to the test. Apple, Microsoft, Alphabet, Facebook and Amazon — the biggest
In this article CSX IBM CROX T Crocs store in New York City. Michael Brochstein | SOPA Images | LightRocket | Getty Images Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 1.5% in premarket trading, after the company beat estimates by 9 cents with an adjusted quarterly profit of
In this article NVAX ANTM EAT Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Pinterest — Shares of the social media company rallied more than 9% following a Bloomberg News report that said
In this article ULTA BITO PG Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies making headlines in midday trading. Ulta — Shares of the cosmetics store dropped more
In this article ACI OXY SPCE ZG The New York Stock Exchange welcomes The Walt Disney Company (NYSE: DIS), today, Tuesday, May 4, 2021, in honor of Star Wars Day. Source: NYSE Check out the companies making headlines in midday trading. Occidental Petroleum — Shares of the energy company gained 5.7% after Truist upgraded the
In this article GS SPCE JBHT Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. J.B. Hunt Transport Services — Shares of J.B. Hunt jumped more than 9% after the company beat estimates on
Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stocks appear to have shaken off the often spooky trading pattern of October for now, and whether that continues could depend on earnings in the week ahead. Dozens of companies are reporting, from Netflix and Tesla
In this article CRSR PSON-GB TFC SPCE MRNA PNC Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna added 3.2% in premarket trading after rising 3.2% yesterday, following an FDA panel recommendation for a booster dose of its Covid-19 vaccine. The panel recommended approval of a booster for people 65 and
In this article BAC CAT WFC WBA MS UNH Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents
In this article PLUG .BBKA DAL BLK HAS JPM Check out the companies making headlines before the bell: JPMorgan Chase (JPM) – JPMorgan Chase reported a profit of $3.74 per share for the third quarter, compared with a consensus estimate of $3.00, while revenue also topped Wall Street forecasts. CEO Jamie Dimon said the quarter
Woman pumps gas outside of Wawa storefront Saul loeb Energy prices are surging, and the economy is already feeling the pinch of higher fuel costs though it is far from stalling out. There is an unusual coincidence of much higher oil, natural gas and coal prices, combined with other rising commodities and supply chain disruptions.
Take a look at some of the biggest movers in the premarket: Southwest Airlines (LUV) – The airline canceled more than 1,800 flights over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest disputed speculation that its high level of cancellations compared to other airlines was due to employee protests of
In this article FCX PENN IAC Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India. Amal KS | Hindustan Times | Getty Images Check out the companies making headlines in midday trading. Freeport-McMoRan — The mining company’s shares were more
In this article MRO FANG MRNA OTLY The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. Daniel Becerril | Reuters Check out the companies making headlines in midday trading. Energy — Energy stocks dominated the top performing spots in
In this article TSLA ALLO QDEL A OTLY MNTV Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla announced it would move its corporate headquarters to Texas from California, with CEO Elon Musk noting the high cost of living and operating in California. Musk did say the company plans to increase
In this article CAG MDP TLRY-CA LEVI HELE TWTR Check out the companies making headlines before the bell: Conagra Brands (CAG) – The company behind food brands like Healthy Choice, Hunt’s and Hebrew National earned an adjusted 50 cents per share for its latest quarter, 1 cent above estimates, while revenue also came in ahead
In this article GM STX NCLH PLTR AYI STZ Check out the companies making headlines before the bell: Constellation Brands (STZ) – The maker of beer and wine reported adjusted quarterly earnings of $2.38 per share, missing the $2.77 consensus estimate, although revenue did beat Wall Street forecasts and Constellation increased its full-year earnings outlook.
Take a look at some of the biggest movers in the premarket: Lordstown Motors (RIDE) – The electric truck maker was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes that the recently announced sale of Lordstown’s Ohio plant to Foxconn values the plant at less than a fifth of prior estimates. Lordstown tumbled
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