Palo Alto Networks Inc
Stocks making the biggest moves midday: Palo Alto Networks, Boeing, Lowe’s, Bank of America and more
Check out the companies making headlines in midday trading: Bank of America — The bank stock slid 2% after a regulatory filing revealed Warren Buffett’s Berkshire Hathaway is not done downsizing its stake. The conglomerate sold 13.9 million more shares of the bank for $550.7 million over the past three trading days, bringing its stake […]
Read MoreStocks making the biggest premarket moves: Eli Lilly, Paramount Global, Palo Alto Networks and more
Check out the companies making the biggest moves in premarket trading: Eli Lilly — Shares added 1.7% after a late-stage trial found the pharma company’s weight-loss drug tirzepatide, the active ingredient Zepbound and Mounjaro, reduced the risk of obese or overweight adults developing Type 2 diabetes by 94%. Paramount Global — The media and entertainment […]
Read MoreStock futures are little changed after S&P 500 posts longest win streak since November: Live updates
Traders work on the floor of the New York Stock Exchange on Aug. 16, 2024. Angela Weiss | AFP | Getty Images U.S. stock futures were flat Monday night after the S&P 500 and the Nasdaq Composite notched their longest winning streaks of 2024. Dow Jones Industrial Average futures traded near the flatline. Futures tied […]
Read MoreStock futures rise slightly after S&P 500 notches best week of the year: Live updates
Traders work on the floor at the New York Stock Exchange on Aug. 8, 2024. Brendan McDermid | Reuters Stock futures inched higher in overnight trading Sunday after the S&P 500 registered its best week of 2024. Futures tied to the S&P 500 rose 0.2%, while futures connected to the Dow Jones Industrial Average added […]
Read MoreTrading the Fed decision: These stocks could get the biggest boost from lower rates
Certain stocks should be winners as the Federal Reserve seeks to lower short-term rates, if history is any guide. The Federal Reserve on Wednesday kept rates unchanged, as expected , and noted progress it was making on inflation. Traders are betting the central bank is preparing markets for a rate cut at its next meeting […]
Read MoreIBM shares jump on earnings and revenue beat
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts’ predictions. Here are the key […]
Read MoreStocks making the biggest moves midday: CrowdStrike, Plug Power, Comerica and more
Check out the companies making headlines in midday trading. CrowdStrike – The stock fell more than 10% after an update by the cybersecurity firm caused a major IT outage that affected airlines, hospitals, financial services firms and other businesses . Shares of Microsoft were also marginally lower following the news that many Microsoft users around […]
Read MoreStocks producing the largest moves midday: Sarepta Therapeutics, Hertz International, Asana and additional
Look at out the businesses creating headlines in midday buying and selling. Sarepta Therapeutics — Shares of the biopharma organization surged 33% just after the U.S. Foods and Drug Administration accepted the expanded use of the firm’s gene therapy Elevidys for Duchenne muscular dystrophy. The Food and drug administration granted standard acceptance of the treatment […]
Read MoreHere are 9 stocks that can benefit from Fed interest rate cuts
The S & P 500 and Nasdaq extended their record rallies this week following cooler-than-expected consumer inflation data Wednesday morning. While Fed rate cuts would likely benefit the overall stock market, several names in the CNBC Investing Club portfolio — from housing plays to autos to biotech — could really get a boost. Connecting the […]
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