Burgers and French fries from Shake Shack Shake Shack Check out the companies making headlines after the bell: Shake Shack — Shares of the fast-food chain fell more than 13% in extended trading after the company reported fourth-quarter revenue that missed analysts’ estimates. Shake Shack reported revenues of $151 million, while analysts expected $153 million, according
Market Insider
Apple CEO Tim Cook attends the annual session of China Development Forum (CDF) 2018 at the Diaoyutai State Guesthouse in Beijing, China March 26, 2018. Jason Lee | Reuters Check out the companies making headlines midday: Nvidia, Advanced Micro Devices — Shares of Nvidia sunk more than 5% and Advanced Micro Devices tanked more than 6%
A drilling crew member on an oil rig in the Permian Basin near Wink, Texas. Nick Oxford | Reuters The Dallas Federal Reserve, which has the Permian basin in its economic region, expects the oil and gas sector to cut capital spending by 10% to 15% in 2020. Rob Kaplan, president of the Fed district,
Traders on the floor of the New York Stock Exchange. Brendan McDermid | Reuters The coronavirus outbreak ruined for investors what was a solid earnings reporting season and is casting a pall on forecasts for this quarter and the rest of this year. And now with most of the earnings season in the books, look
A man (C) wearing a facemask as a preventative measure following a coronavirus outbreak which began in the Chinese city of Wuhan, offers money as he reacts after being refused purchase of a box of face masks, after he claimed to have lost his sales registration ticket while queueing up to buy them, in Hong
A contractor for First Solar Inc. works on construction of the Tenaska Imperial Solar Energy Center South project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images Check out the companies making headlines after the bell: Dropbox — Shares of the data services company soared 13% during extended trading after the company announced
Virgin Atlantic Airways and Virgin Group founder, Sir Richard Branson. Craig Barritt Check out the companies making headlines in midday trading. Virgin Galactic — Shares of the space tourism company spiked nearly 14% as the stock’s speculative rally continued. Virgin Galactic passed Apple and Tesla as the most popular stock among retail investors, according to
Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines after the bell: Zillow — Shares of the real estate information company climbed 8% in extended trading after the company reported strong fourth-quarter financial results. Zillow had revenue of $944 million in the quarter, while analysts were expecting $815 million, according to
Sir Richard Branson stands on the floor of the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Richard Branson Virgin Galactic IPO NYSE Check out the companies making headlines in midday trading. Apple — Shares of the iPhone maker fell 2.7% after Apple said that it
Herbalife distribution center in Los Angeles. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines after the bell: LendingClub – Shares of the fintech company were down 1.98% in extended-hours trading after it announced plans to pay $185 million in cash and stock for Radius Bancorp, a Boston-based online bank
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stocks are likely to remain hostage to developments involving the coronavirus in the week ahead, and even so, the market could continue to hit new highs. Economists have been reducing China’s growth outlook for the quarter, with some seeing little
Emerging market debt, as an asset class, has been spared a big impact from the coronavirus so far. Fear the virus will hurt the global economy has driven Treasury yields lower, and the easy money policies of the world’s central banks have pushed yields lower around the globe, so the hunt for yield has become
Falling bond yields are reflecting investor fears about the rapidly spreading coronavirus, yet stocks are rallying near their highs, even as the virus has now infected more than 40,000 people. The two markets appear to be diverging as low bond yields flash a warning of potential economic weakness ahead, and stocks seem to have heard
Shoppers enter a building housing a Bed Bath & Beyond Inc. store in New York. Mark Kauzlarich | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Lyft — Lyft shares dropped nearly 9% after the ride-sharing company failed to update its timeline on when it would become profitable. This overshadowed
Shoppers pass an Under Armour store in White Plains, New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Under Armour — Under Armour’s stock plunged more than 18% after missing revenue estimates for the fourth quarter. The sports apparel company reported adjusted earnings of 10 cents per share, in line
(L-R) CEO of Apple Tim Cook , U.S. President Donald Trump, Microsoft CEO Satya Nadella and Amazon CEO Jeff Bezos attend a meeting of the American Technology Council in the State Dining Room of the White House June 19, 2017 in Washington, DC. Olivier Douliery | Abaca | Sipa via AP Images President Donald Trump
Tom Steyer (L), Sen. Elizabeth Warren (D-MA), Sen. Bernie Sanders (I-VT) and former South Bend, Indiana Mayor Pete Buttigieg (R) listen as former Vice President Joe Biden (C) speaks during the Democratic presidential primary debate at Drake University on January 14, 2020 in Des Moines, Iowa. Scott Olson | Getty Images Vermont Sen. Bernie Sanders
Elon Musk, co-founder and chief executive officer of Tesla Inc., speaks during an unveiling event for the Tesla Model Y crossover electric vehicle in Hawthorne, California, U.S., on Friday, March 15, 2019. Patrick T. Fallon | Bloomberg | Getty Images Check out the companies making headlines midday Monday: Tesla (TSLA) — Shares of Tesla rose
While investors may look at Tesla’s wild volatility as crazy trading in just one stock, some analysts say its bubbly behavior could be a warning for the broader market. Doug Ramsay, CIO at Leuthold Group, says there are plenty of examples of overinflated assets or securities with volcanic price action that preceded bigger sell-offs in
Analysts caution there’s likely to be more negative headlines on the spread of coronavirus as well as a deeper economic hit to the Chinese economy, but they also say any further impact could also be cushioned by central banks. “The news is going to get worse, but you have to juxtapose that against the stimulus
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