Check out the companies making headlines before the bell. Rivian Automotive — Shares surged 3.3% in premarket trading as Evercore ISI upgraded Rivian Automotive to outperform with a higher price target. The upgrade suggests that Rivian Automotive has the potential to become the next Tesla and BYD in the electric truck market. The Sphere is …
A sign is posted in front of a Broadcom office in San Jose, California, on June 3, 2021. Justin Sullivan | Getty Images News | Getty Images Discover the latest market buzz during midday trading. Cisco Systems, Splunk — The shares of Cisco fell by 4.2% on Thursday as the company announced its acquisition of …
David Paul Morris | Bloomberg | Getty Images UPS workers have unanimously ratified a five-year labor contract that brings significant wage increases and various enhancements to work rules and schedules, as announced by the International Brotherhood of Teamsters on Tuesday. The contract vote received an 86.3% approval, marking the highest ever recorded in Teamsters history …
A woman walks past a FedEx Ground vehicle parked in the Midtown neighborhood of New York, Dec. 4, 2015. John Taggart | Bloomberg | Getty Images Discover the top trending companies in premarket trading. FedEx — The shipping giant’s shares declined by 2.9% following the release of its quarterly results. While FedEx exceeded earnings expectations, …
Passersby stroll past a Dollar Tree store on December 11, 2018, in the bustling borough of Brooklyn, New York City. Spencer Platt | Getty Images News | Getty Images Take a look at the latest activities of prominent companies during midday trading. Amazon — The online retail giant experienced a 1.3% decline in shares following …
During his state visit to the White House, Indian Prime Minister Narendra Modi is set to meet with several top U.S. corporate executives who are prioritizing this opportunity amid China’s faltering economy. This includes Apple CEO Tim Cook, Google CEO Sundar Pichai, Microsoft CEO Satya Nadella, and FedEx CEO Raj Subramaniam, among others, who will …