Text size Carlyle Group stock rose alongside broader markets Wednesday, despite leadership changes. Keith Bedford/REUTERS/Alamy Management changes at Carlyle Group continued Wednesday, as the company ...
Tag: Share Price Movement/Disruptions
Carlyle Group Loses Another Executive. Here’s What Wall Street Is Saying.
Text size Carlyle Group stock rose alongside broader markets Wednesday, despite leadership changes. Keith Bedford/REUTERS/Alamy Management changes at Carlyle Group continued Wednesday, as the company ...
10 Stocks That Should Shine in a 2023 Recession: Citi
As the risk of a recession draws nearer, Citi group has produced a screen of 30 stocks to help investors find opportunities during the second half of 2022. Stocks have rebounded in recent weeks with ...
GoodRx Stock Gives Back Gain as Analysts Fret Over Problem With Grocer
Text size GoodRx revoked its financial guidance in May and has yet to restore it. Courtesy GoodRx GoodRx stock briefly soared as investors welcomed news that the provider of pharmacy discount cards h...
Roblox stock plunges 15% as key sales metric unexpectedly declines again
Roblox Corp. shares plunged in extended trading Tuesday after the videogame company said that a key sales metric unexpectedly declined for the second quarter in a row. Roblox RBLX, -3.17% reported a s...
Trade Desk stock shoots 15% higher as ad-tech powerhouse’s sales, forecast top expectations
Trade Desk Inc. reported stronger-than-expected sales and guidance Tuesday amid doubts about the online-advertising industry, sending shares 15% higher in extended trading. Trade Desk TTD, -0.86% repo...
Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured
A $600 million debt deal arranged for beleaguered business communication company Avaya Holdings Corp. quickly went bad, according to The Wall Street Journal. The WSJ reported Tuesday that Goldman Sach...
10 Stocks That Should Shine in a 2023 Recession, Citi Says
As the risk of a recession draws nearer, Citi group has produced a screen of 30 stocks to help investors find opportunities during the second half of 2022. Stocks have rebounded in recent weeks with ...
Carvana rivals’ stocks plunge after earnings
While Carvana Inc. shares soared despite weaker-than-expected financial results last week, two of the online car-seller’s smaller rivals were not as fortunate Monday. CarGurus Inc. CARG, +0.12% and Vr...
Uber, Boeing, Warner Bros. Discovery: Stocks That Defined the Week
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Virgin Galactic Stock Tumbles as Commercial Service Again Delayed
Text size Courtesy Virgin Galactic Shares of Virgin Galactic were tumbling Friday after the space tourism company pushed back the launch of commercial service to the second quarter of 2023. Virgin Gal...
Warner Bros Discovery Had an Ugly Quarter. It’s Combining HBO Max and Discovery+.
In its first quarter as a combined company, Warner Bros. Discovery missed Wall Street’s estimates across the board, saw streaming subscriber growth slow, and watched its leverage rise. Warner Bros. Di...
FuboTV shares rally 23% after company shows double-digit revenue growth
Shares of streaming platform FuboTV Inc. FUBO, +1.71% were trading higher in Thursday’s after-hours market, following the release of second-quarter financial results which showed the company’s North A...
Zillow is almost done selling homes, but stock slumps as the hard part is still to come
Zillow Group Inc. is almost done selling all the homes it bought in a flurry that led to a flameout of its iBuying business, but its plans for the future led to shares plunging in extended trading Thu...
Coinbase Has Rallied 90% This Week. Could This Be Another GameStop Moment?
Text size Brian Armstrong, chief executive and co-founder, Coinbase (Photo by PATRICK T. FALLON/AFP via Getty Images) Shares in beaten-down cryptocurrency exchange Coinbase Global have torn higher thi...
AMTD Digital is worth more than 480 of the S&P 500 companies after stock rockets over 3,000% in 7 days
Early investors in AMTD Digital Inc. have basically won the lottery, as the Hong Kong-based digital business developer’s stock has zoomed 3,165% higher over the past seven days. The stock HKD, -30.89%...
Airbnb Stock Falls. Wall Street Hoped for More From Earnings.
Text size Airbnb earned $379 million in the second quarter, reversing a loss of $19 million in the first quarter. Dreamstime Airbnb shares are trading sharply lower in late trading Tuesday after the s...
Airbnb stock falls sharply despite earnings beat, plan to repurchase $2 billion in stock
Airbnb Inc. said Tuesday that it had its first profitable second quarter as a public company, and that it is so confident in its business that it is buying back $2 billion of its stock. “Our Q2 result...
PayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat
After seeing its shares lose roughly two-thirds of their value in the past year, PayPal Holdings Inc. delivered a packed earnings report Tuesday, announcing a new chief financial officer, buyback auth...
BP Stock Surges After Energy Giant Records $8.5 Billion Quarterly Profit
Text size BP reported second-quarter adjusted profit of $8.5 billion as it benefited from soaring energy prices. Getty Images BP is the latest oil supermajor to post its most profitable quarter in yea...
PayPal Shares Have Taken a Beating. Why They’re Worth a Look.
Text size As of the close of the first quarter, PayPal had 429 million active accounts, marking a 9% year-over-year increase. Justin Sullivan/Getty Images Cautious optimism is the approach analysts ar...
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...
Pinterest Stock Soars After Earnings Report
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...
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 ...
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...
Fuel cell-powered truck maker Hyzon’s stock suffers record plunge after accounting questions raise delisting fears
Shares of Hyzon Motors Inc. were suffering a record plunge toward a record low Friday, after the maker of fuel cell-powered trucks disclosed a “myriad of issues,” including accounting regularities tha...