Wall Street
Stock futures are flat as the S&P 500 attempts to avoid another losing week
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 14, 2022. Brendan McDermid | Reuters Stock futures were flat in overnight trading Thursday as the S&P 500 tried to avoid another losing week amid busy earnings and rising bond yields. Futures on the Dow Jones Industrial Average dipped […]
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Stocks making the biggest moves after hours: Snap, Gap and more
People walk past Snap Inc. Snapchat signage displayed in downtown Los Angeles, California on October 2, 2021. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines after the bell: Snap — Shares of the social media platform jumped more than 6% in volatile after-hours trading after the company’s first-quarter earnings […]
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JPMorgan strategist says tough earnings outlook could pressure stocks later this year
Corporate sentiment has been weakening after peaking in late 2021, JPMorgan said. Source
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Retail traders were buying Netflix shares as the stock plunged more than 30%, Vanda Research says
Retail traders were net buyers of Netflix on Wednesday during a massive decline in the stock. Source
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Embattled hedge fund Melvin Capital weighs unwinding current fund to start new one, sources say
Gabe Plotkin, chief investment officer and portfolio manager of Melvin Capital Management LP, speaks during the Sohn Investment Conference in New York, May 6, 2019. Alex Flynn | Bloomberg | Getty Images Melvin Capital, the embattled hedge fund run by its once high-flying founder Gabe Plotkin, has been discussing a novel plan with its investors […]
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As the dollar jumps to two-year highs, the ‘Fast Money’ traders deliver winners and losers
Wall Street may be underestimating the dollar’s jump to two year highs. “With each passing day the dollar goes higher. That creates more of a headwind for the multinationals in the market in general,” “Fast Money” trader Guy Adami said on Tuesday. “A stronger dollar, as counterintuitive as it may be, is not good for […]
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Stock futures rise as investors digest more earnings reports
Traders on the floor of the NYSE, April 4, 2022. Source: NYSE Stock futures rose in overnight trading as investors digested more quarterly reports from the likes of Tesla and United Airlines. Futures on the Dow Jones Industrial Average added about 80 points, or 0.2%. S&P 500 futures ticked up 0.4% and Nasdaq 100 futures […]
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Stocks making the biggest moves after hours: Tesla, United, Carvana and more
An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Check out the companies making headlines after the bell: Tesla — Shares of the electric vehicle maker rose 4% in extended trading after a better-than-expected earnings report. Tesla posted earnings of $3.22 per […]
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Looking for the next earnings season blowups after the Netflix disaster
CNBC Pro found more companies with similarly troubling set-ups after shockingly poor subscriber numbers cratered Netflix shares. Source
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S&P 500, Nasdaq futures fall as Netflix shares tank on disappointing results, outlook
Stock futures dipped in overnight trading as investors digested disappointing Netflix earnings and looked ahead to a new batch of companies set to report Wednesday. Futures on the Dow Jones Industrial Average fell 40 points. or 0.12%. S&P 500 futures dipped 0.4% and Nasdaq 100 futures sank 0.9%. Shares of Netflix plummeted 25% in extended […]
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