Check out the companies making headlines before the bell: DraftKings (DKNG) – The mobile betting service reported a quarterly loss of 57 cents per share, smaller than the 61-cent loss that Wall Street had anticipated, while revenue was above analyst forecasts. DraftKings said it was helped by the resumption of activity by major sports leagues
Market Insider
Traders work the floor of the New York Stock Exchange. NYSE The stock market is caught between the rapidly spreading virus and the promise of a vaccine. That is likely to drive trading in the week ahead, as it did in the past week. Investors have been weighing cyclical plays that will do better when
Medical syringes are seen with Moderna company logo displayed on a screen in the background in this illustration photo taken in Poland on October 12, 2020. Jakub Porzycki | NurPhoto | Getty Images Check out the companies making headlines before the bell: Energizer Holdings (ENR) – The maker of batteries and other consumer products reported
Chuck Robbins, CEO, Cisco Systems, speaking at the World Economic Forum, Davos, Switzerland, January 21, 2020. Check out the companies making headlines after hours on Thursday: Cisco Systems — Cisco shares rallied nearly 9% in after-hours trading on the back of better-than-expected results for its fiscal first quarter. The company reported earnings per share of
The logos of Amazon, Apple, Facebook and Google. Reuters Check out the companies making headlines in midday trading. Lyft — Shares of the ride hailing company rose more than 3% after executives said Lyft expects to become EBITDA profitable by the fourth quarter of 2021 even if there’s a slower than hoped-for recovery. The company
Here’s a look at the companies making headlines in after-hours trading. Moderna — The biotech stock rose 2% after Moderna said that it has had enough cases of Covid-19 in its vaccine candidate trial to take a look at the data, signaling that preliminary results could be released soon. The stock also rose more than
The sell-off in big cap growth and tech may not be just a quick washout in high-priced names. It could be a reset for the stock market. Nasdaq and the high-flying stocks that have powered the market higher have been under pressure for the past two sessions, as investors switch out of names like Amazon,
Packages of “Impossible Burger” and “Beyond Meat” sit on a shelf for sale on November 15, 2019 in New York City. Angela Weiss | AFP | Getty Images Check out the companies making headlines after the bell: Beyond Meat — Shares of Beyond Meat tumbled more than 25% in extended trading after the alternative meat
Check out the companies making headlines midday on Monday: Pfizer, BioNTech — Pfizer and BioNTech jumped 7.7% and 13.9%, respectively, after the two companies released trial data that showed their coronavirus vaccine candidate had an efficacy rate of more than 90%. Dr. Albert Bourla, chairman and CEO of Pfizer, hailed the trial results as a
Check out the companies making headlines in midday trading. Roku — Streaming platform Roku jumped 11% after the company reported a surprise adjusted profit for its third quarter. The company posted 9 cents in earnings per share on $452 million in revenue. Analysts had projected a loss of 40 cents per share and $366 million
The labor market was stronger than expected in October, showing good momentum ahead of the latest wave of coronavirus cases. The economy added 638,000 nonfarm payrolls and the unemployment rate fell by a full percentage point to 6.9%. The government compiled the data for the report in the middle of October. Stock futures temporarily erased
Spencer Platt | Getty Images News | Getty Images After an initially exuberant election reaction, stocks may trade more cautiously in the week ahead, as investors watch election developments unfold and track the course of the coronavirus. The S&P 500 was up more than 7.3% in the past week, at 3,509, and the Nasdaq rose
The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images Check out the companies making headlines in midday trading. Uber, Lyft — Shares of the ridehailing companies jumped 13.3% and 12.8%, respectively, after early voting projections suggest that Californians
Traders wait for the Wayfair IPO on the floor of the New York Stock Exchange October 2, 2014. Lucas Jackson | Reuters Check out the companies making headlines in midday trading. Alibaba — Shares dropped more than 5% after Ant Group’s record-setting initial public offering in Shanghai and Hong Kong was suspended. Alibaba owns roughly
The lack of a blue wave makes higher taxes and more regulation less likely, and that’s enough to rally stocks for now. The election outcome is in no way clear as states continue to count ballots. There is no decision on the presidency, but traders are betting on a split Congress with a Republican Senate
Attendees walk by the Qualcomm booth during CES 2019 at the Las Vegas Convention Center on January 9, 2019 in Las Vegas, Nevada. Justin Sullivan | Getty Images Check out the companies making headlines after the bell on Wednesday: Qualcomm — Qualcomm shares rallied more than 13% in after-hours trading on the back of better-than-expected
A construction worker wearing a mask carries a steel beam as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 11, 2020 in New York City. Alexi Rosenfeld | Getty Images Economists mostly expect job growth slowed in October, as the pace of rehirings dropped off
Take a look at some of the biggest movers in the premarket: General Motors (GM) – The automaker reported quarterly earnings of $2.83 per share, beating the consensus estimate of $1.38 a share, helped by strong demand for trucks and SUVs. Revenue was essentially in line with Street forecasts. The shares rose 6.7% in premarket
Take a look at some of the biggest movers in the premarket: Hilton Worldwide (HLT) – The hotel operator reported a quarterly profit of 6 cents per share, compared to expectations of a 2 cents per share loss. Revenue, however, came in below Wall Street forecasts as comparable revenue per available room fell nearly 60%
U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, U.S., March 3, 2020. Kevin Lamarque | Reuters The Fed’s two-day meeting is expected to end
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