Goldman Sachs Group Inc. GS, +1.10% stock is down about 1.7% in premarket trades after the investment bank reported sharply lower fourth-quarter earnings that missed analyst expectations, after a blockbuster Read more
Tag: drops
Pentagon drops COVID-19 vaccine mandate for troops
WASHINGTON — The Pentagon formally dropped its COVID-19 vaccination mandate Tuesday, but a new memo signed by Defense Secretary Lloyd Austin also gives commanders some discretion in how or whether Read more
Dow drops 300 points as strong jobs data suggests more aggressive Fed rate hikes
U.S. stocks finished lower on Thursday, with the Dow dropping more than 300 points, as strong jobs data and hawkish Fed commentary signaled more aggressive Federal Reserve interest-rate hikes to Read more
Apple stock drops toward 18-month low, heads for worst year since the financial crisis
Shares of Apple Inc. dropped 2.8% in midday trading Wednesday, to put them on track for a fourth-straight decline and the lowest close in 18 months. The technology behemoth’s stock Read more
Lululemon stock drops 10% after mixed quarterly results, soaring inventories
Lululemon Athletica Inc. stock fell more than 10% in the extended session Thursday after the athleisure-wear maker reported mixed quarterly results and saw inventories soar. Lululemon LULU, +0.59% earned $735 Read more
CrowdStrike stock drops nearly 20% as elongating sales cycle slows new subscriptions
CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations amid macro headwinds and longer customer buying cycles. Given concern Read more
Economy may be in a recession already, Conference Board says, after leading index drops for eighth straight month
The U.S. leading economic index fell 0.8% in October, the Conference Board said Friday. Economists polled by The Wall Street Journal had expected a 0.4% fall. This is the eighth Read more
Kohl’s stock drops after earnings beat expectations but full-year outlook withdrawn
Shares of Kohl’s Corp. KSS, -7.08% dropped 4.0% in premarket trading Thursday, after the department store chain reported fiscal third-quarter profit and revenue above expectations, but withdrew its full-year outlook Read more
Dow futures jump 700 points, 10-year Treasury yield drops below 4% on softer-than-expected CPI
U.S. stock futures surged to the upside on Thursday after softer-than-expected consumer price data. Up just 83 points ahead of the data, Dow Jones Industrial Average futures YM00, +2.40% were Read more
Unity Software stock drops as revenue fall short of Wall Street expectations
Unity Software Inc. shares fell in the extended session Wednesday after the company produced on-par results but a little less revenue than Wall Street would have liked. Unity U, -9.51% Read more