This Chinese stock has a big U.S. buyer in consumer tech aimed at the smart glasses market
Finance
Stocks making the biggest moves after the bell: FedEx, Firefly Aerospace, Planet Labs & more
Check out the companies making the biggest moves after the bell: FedEx — The package delivery giant popped 9% on fiscal third-quarter results that beat the Street. FedEx earned $5.25 per share, excluding certain items, on revenue of $24 billion. Analysts polled by LSEG expected a profit of $4.09 per share on revenue of $23.43 […]
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Finance
Copper joins gold in broad commodities sell-off. There’s a worrying reason behind it
Key Points Both precious and industrial metals fell in Thursday trading as investors are starting to worry this oil shock will go on long enough to cause an economic slowdown or recession. An unusual stagflation scenario is occurring with rates rising on inflation fears, while economic growth expectations are being lowered. But some warn that […]
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Finance
Stocks making the biggest moves premarket: Micron, Alibaba, Five Blow, Newmont and more
Check out the companies making the biggest moves in premarket trading: Micron Technology — Shares shed nearly 7%. Micron reported a blowout quarter , with its adjusted earnings of $12.20 per share handily topping the $9.31 consensus estimate, per LSEG. Its revenue was $23.86 billion, compared to the $20.07 billion expected from analysts. Investors may […]
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