Chewy Inc
Stocks making the biggest moves premarket: U.S. Steel, Carvana, Block and more
Check out the companies making headlines before the bell. U.S. Steel — U.S. Steel shares slid nearly 8% after President Joe Biden blocked Japanese company Nippon Steel’s $14.9 billion takeover of U.S. Steel, saying : “U.S. Steel will remain a proud American company.” Biden said the domestic steel industry is a national security priority. Block — Shares […]
Read More
Stocks making the biggest moves premarket: Uber, Celsius Holdings, Adobe, Chewy and more
Check out the companies making headlines before the bell. Constellation Energy — The energy stock added 2% following an upgrade to buy from neutral at Bank of America. Analyst Ross Fowler said that the company was in the best position to benefit from upcoming regulatory clarity coupled with increasing demand and tightening supply. This potential […]
Read More
Stocks making the biggest moves after hours: Adobe, Chewy, Oxford Industries and more
Check out the companies making headlines in extended trading. Adobe — The software company fell 8% after issuing lighter-than-expected revenue estimates for the fiscal first quarter. Adobe guided for revenues between $5.63 billion and $5.68 billion in the period, lower than the consensus estimate of $5.73 billion, according to LSEG. Meanwhile, the company’s adjusted earnings […]
Read More
Stocks making the biggest moves midday: JetBlue, Eli Lilly, Pure Storage, Salesforce and more
Check out the companies making headlines in midday trading. JetBlue Airways — The airline said it sees a smaller decline in its full-year revenue guidance than it originally expected, according to a regulatory filing . Higher-than-anticipated bookings in November and December resulted in JetBlue boosting its forecast. Shares surged 8%. Roku — Shares jumped 11% […]
Read More
Stocks making the biggest moves premarket: Salesforce, Foot Locker, Pure Storage, PSQ Holdings & more
Check out the companies making headlines before the bell: Salesforce — Shares rallied more than 12% after the enterprise software company posted a third-quarter revenue beat. Salesforce reported $9.44 billion in revenue, better than the $9.35 billion expected by analysts, according to LSEG. Subscription revenue also beat analyst expectations. Dollar Tree — The stock rose […]
Read More
S&P 500 futures are little changed after index posts another record close: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2024. Brendan McDermid | Reuters U.S. stock futures were flat Tuesday night after the S&P 500 posted a new record close. Futures tied to the S&P 500 added just 0.06%. Nasdaq 100 futures advanced 0.2%. Dow […]
Read More
Jim Cramer wants to buy this falling tech stock — and touts another reason to like Disney
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were in the red Wednesday, led to the downside by the Nasdaq Composite. The tech-heavy index was weighed down by Nvidia slipping 2% ahead of its earnings after […]
Read More
Stocks making the biggest moves midday: Nvidia, Berkshire Hathaway, Yum China and more
Check out the companies making headlines in midday trading. Nvidia , Sherwin-Williams – The stocks rose more than 1% and roughly 3%, respectively, on the heels of the announcement that both are going to join the Dow Jones Industrial Average , effective Friday. Nvidia is slated to replace rival chipmaker Intel , while paint manufacturer […]
Read More
This is why David Einhorn thinks Peloton could be worth five times what it is now
David Enhorn pitches Peloton at the Robin Hood Investors Conference. Getty Images (L) | CNBC (R) Greenlight Capital’s David Einhorn thinks Peloton could trade as high as $31.50 a share if the company slashes costs, which could double its current adjusted EBITDA projections, CNBC has learned. That’s about five times the current price of its […]
Read More
Stocks making the biggest moves midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and more
Check out the companies making headlines in midday trading. Astera Labs – Shares gained more than 16% after the company, which sells data center connectivity chips, debuted new fabric switches for artificial intelligence . Norwegian Cruise Line – Shares popped 10% on the heels of a Citi upgrade to buy from neutral. Citi said the […]
Read More