Key Points
- Odds that the party wins control of the lower chamber have fallen to 75% from 85.3% on April 28.
- While Democrats are still favored to win control of the House, the odds they do it are at their lowest level since late December.
Series of court decisions weaken Democrats’ odds of winning the House
Finance
Stocks making the biggest moves premarket: On Holding, Under Armour, GameStop, AST SpaceMobile & more
Check out the companies making headlines before the bell: Under Armour — The sportswear company slid 14% after posting a loss of 3 cents on revenue of $1.17 billion. Analysts polled by LSEG were anticipating a loss of 2 cents on revenue of $1.68 billion. GameStop , eBay — Shares of GameStop dropped more than […]
Read More
Finance
Stocks making the biggest moves after hours: Hims & Hers, Gitlab, Cleanspark, Webtoon Entertainment & more
Check out the companies making headlines after the bell : Hims & Hers Health — Shares dropped more than 6% after the telehealth company guided for adjusted EBITDA in its current quarter of between $35 million to $55 million. Analysts polled by LSEG were expecting $70 million. Aecom — The infrastructure consulting stock added 2% […]
Read More
Finance
JPMorgan Chase-led bank group reins in credit line to troubled KKR private credit fund as losses mount
Key Points JPMorgan-led lenders cut FS KKR Capital’s credit facility by roughly $648 million, or 14%, while raising borrowing costs. FS KKR reported deepening losses and announced a $300 million support package from KKR for the troubled BDC days after the credit-line amendment. The fund, known by its ticker FSK, reported roughly $560 million in […]
Read More