Text size Pinterest said Monday that the company was growing revenue despite a difficult environment for advertising. Justin Sullivan/Getty Images Pinterest stock was surging in extended trading Monda...
Tag: Disruptions
FAA Boeing 787 approval could spell good news for these stocks
The companies that supply components for the 787 Dreamliner could benefit from the FAA’s reported approval of a Boeing Co. process for validating fixes to each plane before they are shipped to custome...
Roku stock bounces sharply in wake of record decline
Roku Inc. shares plunged a record 23.1% in Friday’s session following a downbeat earnings report, but were looking to take back at some of those losses Monday with a double-digit gain. The stock ROKU,...
What Stocks Are Moving Monday? Alibaba, Boeing, NIO and More.
Text size Alibaba stock rises early Monday. Greg Baker/AFP via Getty Images Stock futures were trading lower Monday as recession fears remained at the forefront of investors’ minds as a new trading mo...
NIO, XPeng, and Li Auto Deliveries Cool Off in July. The Stocks Jump Anyway.
Text size NIO delivered more cars year over year in July. But deliveries fell from June. Odin Jaeger/Bloomberg Demand for Chinese electric vehicles cooled off in July. Falling EV sales in the world’s ...
Airline Covid Stimulus Is Unrelated To Current Operational Disruptions
President Donald Trump signs, the CARES Act on March 27, 2020 in Washington, DC. From the $2 … [+] trillion stimulus package, U.S. airlines received $50 Million. Getty Images In government hallw...
Giant Pension Bought Apple Stock. It Sold Tesla, Microsoft and AT&T.
Text size An Apple store. Dan Kitwood/Getty Images Oregon’s public pension recently made big changes in some of its biggest stock investments. The Oregon Public Employees Retirement Fund bought more s...
Alibaba shares keep sliding in Hong Kong following delisting threat from SEC
Hong Kong-listed shares of Alibaba Group Holdings Ltd. continued to sink overnight, after U.S. regulators last week added the e-commerce giant to a list of Chinese-owned companies that could be delist...
Large Fund Sells AMD Stock. It Bought Intel, AT&T and Starbucks.
Text size Dreamstime One of America’s largest public pensions has made big changes in some of its largest investments. In the second quarter, State Teachers Retirement System of Ohio nearly halved an ...
Individual Investors Ramp Up Bets on Tech Stocks
Listen to article (2 minutes) Technology stocks have taken a beating this year. Many individual investors have used it as an opportunity to double down. The Nasdaq Composite Index—home to the big tech...
Opinion: Big Tech shows its good to be big, as growth slowdown leads to stock gains while smaller rivals find only pain
After super charged, double-digital growth during the pandemic, the results from the five biggest U.S. tech giants this week showed a slowdown as they grapple with inflation, looming recession and an ...
Climate Bill Stands to Give Green-Energy Investors a Lift
Listen to article (2 minutes) Investors were already returning to clean-tech and renewable-power stocks when the proposed $369 billion Senate energy and climate-spending package jolted the sector to i...
Lockheed Martin Stock Is Up for the Year. Director John Donovan Bought Shares.
Text size Lockheed Martin stock has logged gains this year, and a director scooped up shares on a recent dip. Gretchen Lemke/Lockheed Martin Corporation Lockheed Martin stock has performed nicely this...
Apple earnings can be summed up in one word
Apple Inc.’s iPhone business looks to be a portrait of resilience, according to numerous analysts, as the company indicated late Thursday that macroeconomic pressures had yet to dampen demand for its ...
Rivian Was Responsible for Amazon’s Loss. The Market Was Ready This Time.
Text size Amazon’s loss was due almost entirely to the drop in Rivian stock. Courtesy of Rivian Amazon.com lost money in the second quarter of 2022. Rivian Automotive was the reason, again. Rivi...
Stanley Black & Decker leads S&P 500 decliners after tool maker’s weak quarter leads it to slash guidance
Shares of Stanley Black & Decker Inc. tumbled 13.7% Thursday to lead S&P 500 decliners after the tool maker’s second-quarter earnings fell far short of estimates, it slashed its guidance and a...
Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss
Amazon.com Inc. decided to cut back after years of pouring money into growth, and the result was a second consecutive quarterly loss, but a beat on sales and continued strong growth from Amazon Web Se...
Roku Swings to Second-Quarter Loss on Slower Ad Spending
Roku said it expected two of its main revenue drivers—advertising and sales of streaming hardware—to come under further pressure during the second half of the year, sending the company’s shares down 2...
Roku’s stock plunges 28% on weak outlook, misses at top and bottom lines
Roku Inc.’s stock quickly plunged 28% in extended trading after the company offered paper-thin guidance and reported fiscal second-quarter results Thursday that fell short of Wall Street analysts’ for...
Bausch Health Stock Halted After Patent Ruling. What Happens Next.
Text size Bausch Health stock was on pace for its lowest close since November 1995. Timothy Fadek/Bloomberg A federal court ruling has dealt a blow to Bausch Health by appearing to clear the way for g...
Intel Reports Earnings Today. What to Expect.
Text size Slowing demand for PCs could affect Intel’s guidance. David Paul Morris/Bloomberg Semiconductor analysts are expecting a weak forecast from Intel when the chip maker reports earnings a...
Intel Reports Earnings Thursday. Here’s What Wall Street Expects.
Text size Slowing demand for PCs could affect Intel’s guidance. David Paul Morris/Bloomberg Semiconductor analysts are expecting a weak forecast from Intel when the chip maker reports earnings a...
Teladoc loses $3 billion in three months, stock plummets 24%
Shares of Teladoc Health Inc. plunged more than 24% in after-hours trading Thursday after the telehealth company took another multibillion-dollar impairment charge, helping to bring its total losses f...
Lam Research stock slips after hours despite earnings beat, upbeat outlook
Lam Research Corp. fell in the extended session Wednesday after the semiconductor-making-equipment supplier beat on earnings and forecast a likely beat in the current quarter amid continuing supply co...
Uber and 10 Other ‘Busted IPOs’ That Could Still Have Value
Text size Of the top five 2021 IPOs ranked by size, all are in the red versus original offering prices, including Rivian Automotive. Justin Sullivan/Getty Images Investors often clamor for access to b...
In a busy morning 3M announces healthcare spin off, mixed earnings and subsidiary’s voluntary bankruptcy
3M Co. was busy before market open Tuesday, announcing the planned spinoff of its healthcare business, second-quarter results, and the voluntary bankruptcy of the company’s Aearo Technologies subsidia...
Redbox stock shoots toward best day on record
Shares of Redbox Entertainment Inc. were surging toward their best day on record Monday, though it wasn’t immediately clear what was driving the stock move. The shares were soaring 87% in afternoon tr...
Philips Cuts Guidance as Inflation and Supply Disruptions Hit Earnings
Text size Philips said it expects full-year sales growth of 1% to 3%, down from its previous forecast of 3% to 5%. AFP via Getty Images Shares of Philips fell sharply after the Dutch maker of Sonicare...
Giant Manager Buys Up Apple, Nvidia, Corning, and Pfizer Stock
Text size MEAG bought 66,593 Nvidia shares to double its investment to 130,142 shares at the end of June. Justin Sullivan/Getty Images The investment arm of one of the world’s biggest insurers just ma...
Avoid GE stock ahead of earnings as Wall Street’s expectations haven’t fallen far enough, analyst says
Expectations for General Electric Co.’s second-quarter profit and sales have been reduced significantly in recent months, but there are still those on Wall Street who believe they haven’t come down en...
Tesla Stock Could Hit $900 in Its Latest Surge
Text size Tesla CEO Elon Musk’s Twitter saga appears to be a concern still for investors. Mario Tama/Getty Images Tesla stock is on one of its hot streaks again. Shares are climbing Friday, putt...
Cathie Wood’s Ark Bought More Roku Stock. This Analyst Sees 24% Downside.
Text size Cathie Wood of ARK Invest has Roku as one of the biggest investments in her funds. Eva Marie Uzcategui/Bloomberg Roku’s earnings report last week sent shares into a free fall, but Cathie Woo...