Market Insider
Stocks making the biggest moves midday: 3M, Dexcom, Sweetgreen, Texas Roadhouse and more
Check out the companies making headlines in midday trading: 3M — The stock skyrocketed more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of $1.93 per share, exceeding an LSEG estimate of $1.68 per share. Its revenue also came […]
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Stocks making the biggest moves premarket: Coursera, WW International, DexCom, Deckers and more
Check out the companies making headlines before the bell. CrowdStrike — Shares of CrowdStrike were up nearly 2% after CEO George Kurtz said that more than 97% of Window sensors were back online after last week’s global IT outage. However, the stock is on pace for a 17% week-to-date decline. Semiconductor stocks — Nvidia , […]
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Rich Chinese travelers are flocking to Tokyo to take advantage of the weak yen
Chuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops of expensive brands and restaurants in the heart of Tokyo. It is half past five p.m. on Friday. People flock to Ginza for shopping, dinner and drinking with their friends. Ginza became […]
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Stocks making the biggest moves after hours: Dexcom, Coursera, Deckers Outdoor and more
Check out the companies making headlines in after-hours trading. Deckers Outdoor — The footwear company’s stock jumped 8% after Deckers reported fiscal first-quarter earnings of $4.52 per share on revenues of $825 million, exceeding analysts’ expectations for earnings of $3.48 per share on revenues of $808 million. Dexcom — Shares of the medical device company […]
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Stocks making the biggest moves midday: Ford, Viking Therapeutics, ServiceNow and more
Check out the companies making headlines in midday trading: Ford Motor — The automaker’s stock fell more than 17% after reporting second-quarter earnings that missed Wall Street’s expectations. Ford posted adjusted earnings per share of 47 cents compared to the consensus forecast of 68 cents, according to LSEG. However, automotive revenue of $44.81 billion came […]
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Stocks making the biggest moves premarket: American Airlines, Honeywell, RTX, Ford and more
Check out the companies making headlines before the bell. American Airlines — Shares dropped 6% after the carrier issued weak profit guidance for the third quarter. American Airlines estimates unit revenue will drop as much as 4.5% as the broader industry struggles with oversupply that has led to low fares. Honeywell — Shares were down […]
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China to use ultra-long bonds for consumer, trade-in policy support as worries about retail sales slump grow
Key Points China on Thursday announced its most targeted measures yet for boosting consumption, which has remained lackluster since the pandemic. Authorities announced they would allocate 300 billion yuan ($41.5 billion) in ultra-long special government bonds to expand an existing trade-in and equipment upgrade policy. The policy at least doubles the subsidies for new energy […]
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Chinese EV startups are spending more on research than Tesla is
Nio’s second factory in the city of Hefei has around 2,000 human workers and 756 robots. CNBC | Evelyn Cheng BEIJING – U.S.-listed Chinese electric car companies are spending more on research as a ratio to sales than Tesla, according to CNBC analysis of the four automakers’ first-quarter earnings. It’s a strategy for survival in […]
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Stocks making the biggest moves after hours: Chipotle, IBM, Ford, ServiceNow and more
Check out the companies making headlines in after-hours trading: Ford Motor — Ford shares tumbled 11% after the company’s second-quarter earnings came in much lower than Wall Street expected due to longtime warranty issues. The automaker posted adjusted earnings per share of 47 cents, significantly less than analysts’ forecast of 68 cents, per LSEG. Automotive revenue […]
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Stocks making the biggest moves midday: Lamb Weston, Tesla, Enphase Energy and more
Check out the companies making headlines in midday trading. Lamb Weston –The potato and French-fry company tanked 27% after issuing a disappointing report for the fiscal fourth quarter. Lamb Weston generated adjusted earnings of 78 cents per share on $1.61 billion of revenue. Wall Street analysts were looking for $1.26 per share in earnings on […]
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