U.S. Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, U.S., March 3, 2022. Tom Williams | Reuters Bond yields jumped and stocks were volatile after the Federal Reserve released its forecast for an aggressive series of rate hikes that it
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U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. Graeme Jennings | Reuters The Federal Reserve is expected to raise interest rates by a quarter point Wednesday, a major step in reversing the extraordinary
In this article PTON AAPL HOOD OXY CVX TSN NKE F PZZA BABA BIDU 9618-HK NFLX NVDA C Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Alibaba, Baidu, JD.com — Shares
In this article 7203.T-JP DIDI RIVN PSON-GB UBER ORCL Check out the companies making headlines before the bell: Oracle (ORCL) – The business software giant’s shares fell 2.3% in the premarket after its adjusted quarterly profit of $1.13 per share fell 5 cents shy of estimates. Revenue was in line with forecasts. Oracle continues to
A trader on the NYSE, March 11, 2022. Source: NYSE Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues to hang over markets. The Fed has clearly broadcast that it intends to raise its target fed funds rate by a quarter percentage point from
In this article FB RIVN DOCU A sign of Meta, the new name for the company formerly known as Facebook, is seen at its headquarters in Menlo Park, California, October 28, 2021. Carlos Barria | Reuters Check out the companies making headlines in midday trading Friday. Meta Platforms — Shares of the Facebook parent fell
In this article AMD MU BKR CVX AMZN CRWD A worker sits on a wall dividing an informal settlement from the new Amazon fulfillment center, which is under construction at RMSG Alamar Industrial Park, in Tijuana, Mexico September 7, 2021. Jorge Duenes | Reuters Check out the companies making headlines in midday trading. Amazon —
In this article AMZN BMBL SFIX JBHT SBUX GE Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Bumble — Shares of the online dating company surged more than 43% in midday trading. Fourth-quarter revenue was just short of expectations from Refinitiv. Still, BMO
In this article DKNG BKR SLB A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares rose 34% midday on news that GameStop’s Chairman Ryan
In this article COST MRVL SG GPS AVGO TSLA Take a look at some of the biggest movers in the premarket: Tesla (TSLA) — Shares fell 1.2% in premarket trading after CEO Elon Musk challenged the United Auto Workers union to try and organize his company’s assembly plant in Fremont, California. Sweetgreen (SG) — Sweetgreen
Shoppers wearing face masks leave a Costco wholesale store in Washington, D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Costco — The stock dipped 3.3% midday despite a better-than-expected quarterly report. The retailer reported earnings of $2.92 per share on revenue of $51.9 billion.
In this article AOUT UNFI SFIX VERA Traders on the floor of the NYSE, Feb. 25, 2022. Source: NYSE Russia’s invasion of Ukraine will continue to be a major focus, as wary investors watch fresh inflation data and the rising price of oil in the week ahead. Stocks in the past week sold off in
A worker drills plywood on a single family home under construction in Lehi, Utah, on Friday, Jan. 7, 2022. George Frey | Bloomberg | Getty Images The economy was likely to have added jobs at a healthy pace in February and wages gains were strong. The February employment report, released at 8:30 a.m. Friday, is
Charge Point EV stations Source: Charge Point Check out the companies making headlines in after-hours trading: Snowflake — Snowflake shares dropped 25% in extended trading after the company showed the slowest revenue growth during the fourth quarter since at least 2019. The company reported $383.8 million in revenue, compared with the $372.6 million analysts surveyed
A person walks into the Nordstrom store open for business as New York City moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 29, 2020 in New York, New York. Rob Kim | Getty Images Check out the companies making headlines after hours. Nordstrom — Shares of the
In this article WDAY Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell: Workday
In this article FL COIN CNK DELL SQ TREE Check out the companies making headlines before the bell: Foot Locker (FL) – Foot Locker shares slumped 16.1% in the premarket after the athletic apparel and shoe retailer gave a weaker-than-expected full-year profit and comparable-store sales outlook. The company cited changes in its vendor mix as
In this article ETSY BYND FL Etsy displayed on the Nasdaq billboard in Times Square New York. Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce shopping platform rallied more than 13% in midday trading after reporting better-than-expected results for the fourth
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022. Brendan McDermid | Reuters Federal Reserve Chairman Jerome Powell testifies before Congress in the week ahead, and markets will hang on what he says regarding how the Ukraine conflict could impact Fed policy. Powell will
In this article CVNA KAR ETSY COIN BYND Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies making headlines after the bell: Beyond Meat — Shares of the alternative meat producer tumbled