Micron Technology Inc
Stocks making the biggest moves premarket: Novo Nordisk, FedEx, Nike, Starbucks, MicroStrategy and more
Check out the companies making headlines before the bell. Novo Nordisk – Shares plunged more than 19% after the Danish pharmaceutical giant reported disappointing late-stage trial results for its experimental weight loss drug, CagriSema. Rival obesity drug maker Eli Lilly rose more than 6% following the results. FedEx – Shares jumped 8.5% after FedEx announced […]
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Stocks making the biggest moves midday: Darden Restaurants, Micron Technology, Lamb Weston, Hims & Hers and more
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S. Food and Drugs Administration said the active ingredient in Eli Lilly’s Mounjaro and weight loss drug Zepbound is no longer in shortage . Hims & Hers gives access to […]
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Micron stock headed for worst day since 2020 after disappointing guidance
Micron CEO Sanjay Mehrotra speaks before US President Joe Biden delivers remarks on “how the CHIPS and Science Act and his Investing in America agenda are growing the economy and creating jobs,” at the Milton J. Rubenstein Museum in Syracuse, New York, on April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron shares […]
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Stocks making the biggest moves premarket: Micron, Lamb Weston, Darden, Lennar, Carmax and more
Check out the companies making headlines before the bell. Micron — The chip stock plunged nearly 13% in premarket trading after the chipmaker issued weaker-than-expected second-quarter guidance. First-quarter revenue was inline with analysts’ expectations, while earnings topped estimates, however. Lamb Weston — Shares of the frozen potato maker sank 18% after posting quarterly results that fell […]
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CNBC Daily Open: Thwarted expectations of more Fed cuts hammered markets
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to […]
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CNBC Daily Open: Expectations on Fed cuts were the lethal blow to markets
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You […]
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Dow futures are little changed after index drops 1,100 points in 10th straight loss: Live updates
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images Stock futures were little changed Wednesday night as investors digested a new, sobering reality for financial markets. Trading was volatile after the regular session’s panic surrounding the Federal Reserve’s revised outlook for interest rates next year. Futures […]
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Micron shares plunge on weak second-quarter guidance
Sanjay Mehrotra, CEO of Micron Technology Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. Brendan Mcdermid | Reuters Micron shares plunged 13% in extended trading on Wednesday after the chipmaker issued weak second-quarter guidance despite an earnings beat […]
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Stock futures are little changed after Dow posts nine-day losing streak; traders await Fed decision: Live updates
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE U.S. stock futures were little changed on Tuesday night as traders looked ahead to the Federal Reserve’s December interest rate decision. Futures linked to the Dow Jones Industrial Average added 57 points, or 0.1%. S&P 500 futures added less than 0.1%, while […]
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Stocks making the biggest moves midday: Nvidia, Broadcom, MicroStrategy, Super Micro Computer and more
Check out the companies making headlines in midday trading: Nvidia — Shares slipped roughly 2%, putting the artificial intelligence chipmaker officially in correction territory after tumultuous trading over the past month. MicroStrategy — The bitcoin proxy stock rose more than 6% after Nasdaq announced MicroStrategy will be added to the tech-heavy Nasdaq-100 index . This […]
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