In this article SONO BMBL UTZ CYB-FF PLTR EBAY Check out the companies making headlines before the bell: Palantir Technologies (PLTR) – The software platform company matched Wall Street forecasts with adjusted quarterly earnings of 4 cents per share and revenue beating analyst forecasts. Sales rose 49% from a year ago, and the stock rallied
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Delivery workers wait for the light to turn green at a major intersection in Beijing on July 30, 2021. Evelyn Cheng | CNBC BEIJING — Investors in Chinese companies were caught off guard this summer by Beijing’s actions against homegrown tech giants, including comments about overseas-listed shares. One of the surprises was a mandate in
In this article EBAY A RIDE SONO eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: eBay — Shares of eBay are down 2.4% after the company reported disappointing revenue for the second quarter. EBay
Coinbase employees spray champagne during the company’s initial public offering (IPO) outside the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images If you had any lingering doubts about the growth of fintech, take a peek at Tuesday night’s earnings reports from two newly-public companies. Cryptocurrency
In this article IYG U.S. stock index futures were flat during overnight trading on Tuesday, after the Dow and S&P 500 closed at record highs following the Senate passing the $1 trillion infrastructure bill. Futures contracts tied to the Dow Jones Industrial Average were slightly higher. S&P 500 futures and Nasdaq 100 futures were flat.
In this article FUBO COIN POSH Poshmark Inc. signage outside the Nasdaq MarketSite during the company’s initial public offering (IPO) in New York, U.S., on Thursday, Jan. 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Poshmark — Shares of the retailer dipped nearly 7% in
Take a look at some of the biggest movers in the premarket: Casper Sleep (CSPR) – The sleep products company reported record quarterly revenue that came in above Street forecasts, though it still reported a quarterly loss. Casper Sleep said it saw strong growth in both retail and direct-to-consumer sales channels, but noted that it
In this article HOOD An Institutional Investor Hall of Famer sees an urgent need for investors in some of the most popular trades to diversify. Rich Bernstein, who has spent decades on Wall Street, is waving the red flag on long-duration assets ranging from Big Tech to bitcoin to Reddit rebellion stocks to long-term bonds.
In this article VSCO TSLA OXY DVN FANG HOOD The Tesla logo seen on a Supercharger rapid battery charging station for the electric vehicles company Tesla Motors. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Diamondback Energy — Shares of the exploration and production company slid about
Take a look at some of the biggest movers in the premarket: Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion, or $203 per share, by privately-held food producer Cargill and agriculture investment firm Continental Grain. The all-cash deal represents an 11.3% premium over Friday’s closing price for Sanderson
The latest jobs report may not be a game changer for the Federal Reserve’s easy money policies. According to Wells Fargo Securities’ Michael Schumacher, it’s premature to assume July’s strong numbers will push the Fed meaningfully closer to tapering its monthly bond purchases. “This report was pretty strong. Not a blockbuster,” the firm’s head of
The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big business yet — but many believe it will be soon. Glimpse Group is an umbrella
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway‘s operating income continued to rebound as its myriad of businesses from energy to railroads benefited from the economic reopening. The conglomerate reported operating earnings of $6.69 billion in the second quarter, up 21% from $5.51
In this article DBX SPCE BYND TRIP Virgin Galactic’s passenger rocket plane VSS Unity, carrying billionaire entrepreneur Richard Branson and his crew, lands after reaching the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the companies making headlines in after-hours trading.
U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s highly anticipated jobs report. Futures contracts tied to the Dow Jones Industrial Average dipped 17 points. S&P 500 futures and Nasdaq 100 futures were flat. Stocks finished Thursday’s session in the green, with the S&P 500 rising 0.6% to close
In this article NVAX DKNG HOOD DBX SPCE YELP Billionaire entrepreneur Richard Branson prepares to spray champagne after flying with a crew in Virgin Galactic’s passenger rocket plane VSS Unity to the edge of space at Spaceport America near Truth or Consequences, New Mexico, U.S., July 11, 2021. Joe Skipper | Reuters Check out the
A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul on June 21, 2021. JUNG YEON-JE | AFP via Getty Images Shares of Kakao Bank shot up more than 70% during its market debut in South Korea on Friday. Kakao Bank is South Korea’s first digital bank to go
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | Bloomberg | Getty Images With little fanfare, JPMorgan Chase has started giving its wealth management clients access to six crypto funds in the past month.
In this article EPC W FSLY BKNG The logo of US cloud computing services provider Fastly is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Check out the companies making headlines in midday trading. Robinhood — Shares of the trading app dropped more than 14% after the newly
New Oriental is located at the West Yintai Campus, Hangzhou city, Zhejiang Province, China, on August 2, 2021. Costfoto | Barcroft Media | Getty Images The Chinese government’s sudden crackdown on after-school education companies is raising costs for many parents and throwing millions of jobs into uncertainty. In a country where parents prize a good