Fed rate cuts should favor preferred stocks, Virtus money manager says

Fed rate cuts should favor preferred stocks, Virtus money manager says


ETF Edge

Fed rate cuts should favor preferred stocks, Virtus money manager says

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Krysta Escobar

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Stocks making the biggest moves midday: Caterpillar, Stride, Nvidia, Garmin, Boeing & more
Finance

Stocks making the biggest moves midday: Caterpillar, Stride, Nvidia, Garmin, Boeing & more

Check out the companies making the biggest moves midday: Stride — The for-profit education company plunged 50%, on pace for its worst day ever, on much weaker-than-expected guidance. The company sees fiscal second-quarter revenue between $620 million and $640 million. Analysts on average expected an outlook of $613.3 million. Full-year revenue and operating income guidance […]

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Fiserv stock craters 44%, on pace for worst day ever after company slashes guidance
Finance

Fiserv stock craters 44%, on pace for worst day ever after company slashes guidance

Key Points Fiserv shares were on track for their worst day ever after the fintech company slashed full-year guidance. “Our current performance is not where we want it to be nor where our stakeholders expect it to be,” wrote CEO Mike Lyons in a release. Fiserv added three new board members and announced a new […]

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Stocks making the biggest moves premarket: Nvidia, Caterpillar, Generac, Caesars Entertainment & more
Finance

Stocks making the biggest moves premarket: Nvidia, Caterpillar, Generac, Caesars Entertainment & more

Check out the companies making headlines in premarket trading. Nvidia — Shares climbed 3.5% in Wednesday’s premarket trading, building on the rally of around 5% seen in the prior session. The chipmaker is now closing in on the $5 trillion market cap milestone , which no other company has hit before. Boeing — The aerospace […]

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