Airlines stocks fell across the board in premarket trade Wednesday, after the Federal Aviation Administration said a computer outage had led to all U.S. fights being grounded. The agency said Read more
Tag: SPX
Dow books near 200-point gain Tuesday as stock extend modest 2023 rally
U.S. stocks closed higher Tuesday, shaking off earlier weakness to end near the session’s high, while extending a modest advance in the first two weeks of 2023. The Dow Jones Read more
U.S. stocks struggle for direction after Fed Chair Powell speech in Sweden
U.S. stocks were struggling for direction soon after the opening bell Tuesday, following Federal Reserve Chair Jerome Powell’s speech in Sweden amid investor concern over inflation and economic slowdown. The Read more
Bed Bath & Beyond’s Q3 earnings fall below estimates as loss widens and same-store sales fell 32%
Bed Bath & Beyond Inc. BBBY, +23.66% said Tuesday it had a net loss of $392.9 million, or $4.33 a share, for its fiscal third quarter to Nov. 26, wider Read more
Coinbase to cut 950 jobs and book charges of up to $163 million
Coinbase Global Inc. stock COIN, +15.06% slid 2.8% in premarket trade Tuesday, after the crypto exchange said it’s cutting 950 jobs in a cost-cutting effort required given the current gyrations Read more
U.S. stocks end mostly lower Monday despite tech gains
U.S. stocks finished mostly lower Monday, with the Dow Jones Industrial Average giving up gains earlier in the session while a rise in technology shares failed to keep the S&P Read more
Tesla extends late-Friday rally to trade up 6%
Tesla Inc. stock TSLA, +7.49% rallied anew in early trade Monday, continuing the move that saw it reverse an intraday loss Friday of about 8% to close up 2.5%. The Read more
Lululemon stock slides premarket after yoga gear maker revises Q4 guidance
Lululemon Athletica Inc. LULU, +1.02% revised its fourth-quarter guidance on Monday by raising its revenue guidance. tweaking its per-share earnings guidance to a tighter range and lowering margin guidance. The Read more
Ocugen stock up 16% premarket after company announced positive results for its COVID vaccine
Ocugen Inc. stock OCGN, +0.78% rallied 16% in premarket trade Monday, after the biopharma company announced positive results in a trial of its COVID vaccine Covaxin. The Phase 2/3 trial Read more
Kevin McCarthy elected House speaker, narrowly prevailing in 15th round of voting
Top House Republican Kevin McCarthy succeeded early Saturday in his push to become his chamber’s next speaker, claiming the job after first falling short in well over a dozen rounds Read more