Marketplaces saw a dovish Fed hike but Powell’s warning on credit ailments spooked buyers
Finance
Stocks making the biggest moves premarket: GameStop, AeroVironment, Cracker Barrel & more
Check out the companies making the biggest moves before the bell: AeroVironment — The drone maker slid more than 4% on the back of a fiscal second-quarter earnings miss. AeroVironment earned 44 cents per share, well below an LSEG estimate of 78 cents per share. Cracker Barrel Old Country Store — The restaurant stock dropped […]
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Finance
IMF’s Georgieva urges China to speed up ‘long-overdue’ shift away from relying on exports for growth, so as ‘not to provoke’ other countries
Key Points China needs to speed up its decades-long plan to increase its reliance on consumption as a driver of growth, IMF Managing Director Kristalina Georgieva told reporters Wednesday. She said such a move was needed “so as not to provoke other countries to take measures to curb down Chinese exports.” The IMF on Wednesday […]
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Finance
Stocks making the biggest moves after hours: AeroVironment, GE Vernova, Cracker Barrel and more
Check out the companies making headlines in after-hours trading. AeroVironment — Shares of the defense technology provider slid more than 4% after its second-quarter earnings missed analyst expectations, coming in at 44 cents per share on an adjusted basis. That’s well below the 78 cents per share that analysts surveyed by LSEG estimated. The company’s […]
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