The numbers: The U.S. cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation Read more
Tag: share price movement
Macy’s stock slides as holiday lulls weigh on sales forecast and execs predict difficulties into 2023
Shares of department-store chain Macy’s Inc. slid 8% in after-hours trading on Friday after the retailer gave a more downbeat forecast on its fourth-quarter sales, with management citing big “lulls” Read more
Nike destroys earnings and sales expectations, stock gains
Nike Inc.’s stock rose nearly 8% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher than Wall Street expected, though inventories Read more
Delta Air Lines stock jumps on raised guidance, as carrier cites ‘robust’ demand for air travel
Delta Air Lines’ stock rose 4.7% before market open on Wednesday after the company raised its earnings guidance. The carrier DAL, -4.00% said it is executing on its three-year recovery Read more
Oracle stock rises as earnings and revenue beat, but forecast is still to come
Oracle Corp. topped Wall Street’s expectations for profit and revenue in its most recent quarter, though the software company is still expected to issue a forecast that could be more 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
BioVie Shares jump Premarket on Parkinson’s, Alzheimer’s Studies >BIVI
By Colin Kellaher Shares of BioVie Inc. rose sharply in premarket trading Tuesday after the clinical-stage biopharmaceutical company reported positive results from a pair of Phase 2 studies assessing the
Salesforce Inc. performed better than expected in the third quarter, but executives issued a fourth-quarter forecast that fell short of expectations on Wednesday and revealed that co-Chief Executive Bret Taylor Read more The U.S.-listed shares of China-based electric vehicle maker XPeng Inc. skyrocketed Wednesday, as investors cheered changes in China’s COVID policy while shrugging off weak third-quarter results and a downbeat outlook. Read more 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
Salesforce co-CEO Bret Taylor leaving, stock falls after lower-than-expected forecast
XPeng stock rockets toward record rally as bulls brush off bad results, outlook
CrowdStrike stock drops nearly 20% as elongating sales cycle slows new subscriptions