Take a look at some of the biggest movers in the premarket: Snowflake (SNOW) – Snowflake shares fell 3.7% in premarket trading, following the cloud computing company’s presentation of financial targets at its Investor Day meeting. Snowflake set a target of reaching $10 billion in annual product revenue by 2029, compared to $554 million in
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Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters Consumer prices jumped more than expected in May, but the surge in inflation looks to be temporary and should not push the Federal Reserve to tighten policy
In this article PLAY ZM SNOW VRTX Signage is seen ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Snowflake – Shares of the cloud computing company dropped nearly 4%. The firm presented its financial targets
In this article COIN MSTR TSLA 9618-HK TTWO TGT LOW TJX A woman leaves Target store on March 02, 2021 in New York. Emaz | Corbis News | Getty Images Check out the companies making headlines in midday trading. Target — Shares of the retailer advanced 5% after Target’s first-quarter results beat analysts’ expectations on
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares surged 14.1% in the premarket after the space travel company said the next test flight of its SpaceShipTwo Unity will occur on May 22. Virgin Galactic said a maintenance review on VMS Eve – the mothership
The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday: Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
Take a look at some of the biggest movers in the premarket: VF Corp (VFC) – The company behind apparel brands like The North Face, Timberland and Vans posted a mixed quarter, beating top line estimates but reporting lower-than-expected per-share profit. VF said the majority of its supply chain is operational, although it has seen
In this article DECK FDS NCLH HD RCL Pedestrians pass in front of a Ross Stores location in San Francisco. Noah Berger | Bloomberg | Getty Images Check out the companies making headlines after the bell on Thursday: Ross Stores — Shares of the retailer rose roughly 2% in extended trading after posting better-than-expected fiscal
In this article KSS SPCE HRL BJ Virgin Galactic Check out the companies making headlines in midday trading. Kohl’s — Kohl’s stock fell more than 10% on Thursday after it said supply chain issues may drag on its profit margins. Like others, Kohl’s experienced supply chain hurdles starting in 2020 when factories in Asia shut
Traders on the floor of the New York Stock Exchange. Source: NYSE The trading pattern of the past two weeks – particularly alongside cryptocurrency’s movements – suggests stocks could continue to be volatile in the week ahead. Investors are watching the wild swings in bitcoin and trying to gauge whether technology shares can gain traction
In this article T OTLY BA .CRBQX VFC DE An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged nearly 3% higher in midday trading after Reuters reported the aircraft manufacturer discussed increasing
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic soared 20.5% in premarket trading after it held a successful test flight over the weekend of its SpaceShipTwo craft. Virgin’s first manned space flight in more than two years successfully reached space 50 minutes after takeoff from
Sign in restaurant window. Elizabeth W. Kearley | Moment Open | Getty Images Workers are getting higher wages, but at some point that could bite into companies’ profits. As the economy reopens, costs are climbing for everything from packaging and raw materials to shipping. In addition to these expenses, companies are also paying more to
In this article AAPL EBAY F FB QCOM EBay Inc. signage is displayed at the entrance to the company’s headquarters in San Jose, Calif. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: Apple — The technology giant’s stock ticked up 2.9% after the company
Take a look at some of the biggest movers in the premarket: Alphabet (GOOGL) – Alphabet reported record profit for the second consecutive quarter, earnings of $26.29 per share compared to a consensus estimate of $15.82 a share. Revenue beat forecasts, and the Google parent also announced a $50 billion share buyback. Shares jumped 5.1%
In this article V GOOGL MSFT SBUX AMD AMGN TXN People wear protective face masks outside Starbucks in midtown as the city moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines
A Wawa store hiring sign in Bethany Beach, Delaware. Stephanie Dhue | CNBC The economy could add more than 1 million jobs in April, economists say. Hiring seems to have strengthened as businesses reopen, leading some economists to make big predictions for the number of jobs added during the month. The April employment report is
Take a look at some of the biggest movers in the premarket: Facebook (FB) – Facebook exceeded analysts’ forecasts by $1.03 a share, with quarterly profit of $3.30 per share. The social media giant’s revenue was also well above Wall Street forecasts as digital ad spending continued to surge amid the pandemic. Facebook said ad
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares plunged 12.4% in premarket trading after it warned of rising expenses and a possible slowdown in user growth. Twitter beat estimates for its latest quarter by 2 cents a share, with earnings of 16 cents per share. Revenue
In this article CRUS X SWKS WDC FSLR GILD AMZN TWTR The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California. Mike Blake | Reuters Check out the companies making headlines after the bell on Thursday: Twitter — Shares of the social media giant fell 9% after the company’s
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