People are walking by the New York Stock Exchange (NYSE) building during Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Stocks could hang at record levels but gains may be capped until Congress agrees to a new stimulus package to help the economy and the millions
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Technicians work on machinery at the Applied Materials facility in Santa Clara, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Thursday: Applied Materials — Shares of Applied Materials rose 1.2% in after-hours trading on the back of fiscal third-quarter results that beat analyst expectations. The
Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade luxury brands reported an adjusted quarterly loss of 25 cents per share, smaller than the 57-cent loss anticipated by analysts. Revenue was also well above estimates, with e-commerce sales providing a boost even as the
Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain. NurPhoto | Getty Images Check out the companies making headlines after the bell: Cisco Systems — Cisco shares fell more than 6% in after-hours trading despite reporting fiscal fourth-quarter profit and revenues that topped analysts’ expectations. The results, though better than
Spacex founder Elon Musk celebrates after the successful launch of the SpaceX Falcon 9 rocket with the Crew Dragon spacecraft at the Kennedy Space Center on May 30, 2020 in Cape Canaveral, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric carmaker jumped more
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in New York June 29, 2010 Brendan McDermid | Reuters Check out the companies making headlines after the bell: Tesla — The electric automaker jumped 7% in after hours trading after announcing a five-for-one stock split. Trading will begin on
A man walks past the Wall Street Charging Bull in New York, the United States, March 24, 2020. Wang Ying | Xinhua News Agency | Getty Images The S&P 500 is nearing its all-time high, a level that could serve as a launch pad for bigger gains. Technical analysts, who watch stock charts more than
A Lyft logo is installed on a Lyft driver’s car next to an Uber sticker in Pittsburgh. Gene J. Puskar | AP Check out the companies making headlines after the bell: Lyft, Uber — Shares of the ride-hailing duo dipped after a San Francisco Superior Court judge ruled that they convert California drivers from independent contractors to employees
Workers do final preparations on a Kodak stand on the eve of CES in Las Vegas, Nevada on January 8, 2018. David McNew | AFP | Getty Images Check out the companies making headlines midday Monday: Kodak — Kodak shares slid more than 30% after a federal agency said its $765 million loan for the
Take a look at some of the biggest movers in the premarket: Hilton Worldwide (HLT) – The hotel operator lost 61 cents per share for the second quarter, wider than the 31 cents a share loss that Wall Street analysts had been anticipating. Revenue was also below estimates, with Hilton suffering from the pandemic-induced drop
Check out the companies making headlines after the bell: Dropbox — The data services company’s stock fell 6% during extended trading despite beating analyst predictions for second-quarter financial results. Dropbox posted earnings of 22 cents per share excluding certain items, which was 5 cents higher than analysts expected, according to Refinitiv. The company recorded revenues of $467
Take a look at some of the biggest movers in the premarket: Booking Holdings (BKNG) – Booking Holdings lost $10.81 per share for its latest quarter, smaller than the loss of $11.50 predicted by Wall Street analysts. The parent of Priceline, Booking.com, Kayak and other travel services also saw revenue beat estimates, even as the
A woman wearing a face mask walks past a sign in front of the US Department of Labor amid the coronavirus pandemic on April 29, 2020, in Washington, DC. Oliver Douliery | AFP | Getty Images Markets see a slight positive in July’s jobs report, but the focus remains on whether Congress can agree to
A pedestrian wearing a protective mask exits from the Wall Street subway station in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images The debate in Washington over the next round of fiscal stimulus and rising tensions between the White House and China could act as brakes on the stock
A FedEx logo on a delivery truck Jin Lee | Bloomberg | Getty Images Check out the companies making headlines in midday trading. T-Mobile — Shares of the wireless provider surged more than 8% to a new 52-week high on Friday following its better-than-expected quarterly earnings. T-Mobile earned 9 cents on revenue of $17.67 billion, compared
Dana assembly technician Brandon Green wears a face mask as he works to assemble axles for automakers, as the auto industry begins reopening amid the coronavirus disease (COVID-19) outbreak, at the Dana plant in Toledo, Ohio, May 18, 2020. Rebecca Cook | Reuters As Congress haggles over stimulus to help the nation’s unemployed, markets await
Photo by: Conor Ogle Check out the companies making headlines in midday trading. Roku — Shares of Roku dropped nearly 7% after the streaming video company issued a bleak outlook. The company said the advertising industry outlook remains uncertain in the second half of the year, and that it believes total TV ad spend won’t
Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines after the bell: Roku — Shares of the streaming platform fell 1% after the market closed. Roku reported second-quarter financial results after hours, posting a loss of 35 cents per share on revenues of $356 million, compared to predictions of analysts surveyed by Refinitiv
Check out the companies making headlines before the bell: Apple – B of A Securities downgraded Apple to “neutral” from “buy”, while raising its price target on the stock to $470 per share from $420. The firm said there are many positives for Apple but risks as well, and that risk/reward is balanced at current price
Check out the companies making headlines after the bell: Disney — Disney’s stock jumped 4% after the closing bell. Disney reported third-quarter financial results that beat analysts’ expectations for earnings but fell short of revenue predictions. Disney posted earnings of 8 cents per share excluding items on revenue of $11.78 billion compared to estimates of a loss
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