Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. Michael M. Santiago | Getty Images Stocks experienced a modest slide on Thursday as investors on Wall Street analyzed remarks made by Federal Reserve Chair Jerome Powell while keeping an eye on a …
In this photo illustration, the American daily fantasy sports contest and sports betting company DraftKings logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images Sports gambling giant DraftKings issued an apology on Monday for a bet parlay offer that coincided with the 22nd anniversary of the Sept. 11 terror attacks …
Here are the companies that are making waves in midday trading: 1. Best Buy: Shares of Best Buy surged by almost 6% after the retailer reported better-than-expected earnings for its fiscal second quarter. The company’s adjusted earnings per share came in at $1.22, beating the analysts’ consensus estimate of $1.06. Additionally, Best Buy’s revenue of …
Safra Catz, the Chief Executive Officer of Oracle Corporation, rang the opening bell at the New York Stock Exchange (NYSE) in New York City on July 12, 2023. Brendan Mcdermid | Reuters Take a look at the companies grabbing attention before the market opens. Oracle — The software giant’s stock surged 2.7% following an upgrade …
Broadcast station owners and pay TV providers are experiencing tensions as they compete for the local rights to air NBA, NHL, and MLB games. Traditionally, regional sports networks have owned these rights, but the rise of cord-cutting has threatened their viability. As a result, broadcast station owners such as E.W. Scripps Co., Gray Television, Nexstar …
Amazon, the second-largest employer in the United States, has partnered with Maven Clinic to offer fertility and family planning services to its employees. This free service will be available to over 1 million eligible Amazon employees in 50 countries outside of the U.S. and Canada. Through this partnership, Amazon employees and their partners in select …
Google headquarters in Mountain View, California, US, on Monday, Jan. 30, 2023. Alphabet Inc. is expected to release earnings figures on February 2. Marlena Sloss | Bloomberg | Getty Images Explore the noteworthy companies ahead of the market opening. Alphabet — The parent company of Google surged more than 6% after surpassing analysts’ second-quarter earnings …
Get ready for your trading day with these important news updates: 1. Dow Jones Engages in Strong Momentum Ahead of Fed Announcement As the new trading week begins, stock futures are showing a slight upward trend. The Dow Jones Industrial Average concluded last Friday with minimal gains but managed to achieve its longest winning streak …
A pedestrian walks by the Pinterest headquarters in San Francisco, April 9, 2019. Justin Sullivan | Getty Images Discover the key movers in the market before the opening bell. Bank of America — Bank of America shares rose 0.4% in premarket trading after exceeding expectations for the second quarter in terms of both revenue and …
In Miami, on May 11, 2022, a Carvana used-car vending machine stands tall. Image source: Joe Raedle | Getty Images Take a look at the latest developments in the stock market: Carvana shares experienced a remarkable 30% surge following a debt reduction agreement that will eliminate over $1.2 billion of the company’s outstanding debt. This …