Food inflation is killing Chipotle. Wall Street sees little way out for company if it doesn’t raise prices
Finance
Stocks making the biggest moves premarket: Intel, Nvidia, Life360, Capital One & more
Check out the companies making headlines before the bell. Intel — Shares fell 13% after Intel reported mixed results for the fourth quarter, in addition to issuing softer guidance than expected for the current three-month period. The company posted 15 cents per share on an adjusted basis, topping analysts’ consensus estimate of 8 center per share, […]
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Finance
Stocks making the biggest moves after hours: Intel, Clorox, Capital One and more
Check out the companies making headlines in after-hours trading. Intel — Shares of the chipmaker slid more than 6% in extended trading. Intel gave soft revenue and earnings per share guidance for the current quarter. Intel said it expects first-quarter revenue between $11.7 billion and $12.7 billion, and breakeven adjusted earnings per share. Analysts polled […]
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Finance
Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal
In this article COF Follow your favorite stocksCREATE FREE ACCOUNT Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay […]
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