Text size Expedia’s CEO says the company is ‘feeling very good about a summer recovery that should be very robust.’ Dreamstime Expedia was falling sharply Tuesday even after revenue ...
Tag: share price movement
‘You don’t want to own bonds and stocks’ in this environment: Paul Tudor Jones
“‘You can’t think of a worse environment than where we are right now for financial assets…Clearly you don’t want to own bonds and stocks.’” — Paul Tudor Jones, Tudor Investment Corp. That cheery concl...
Jeff Bezos Is Worried About Tech Valuations, and It’s Weighing on Amazon Stock
Text size Jeff Bezos has given investors new reason to worry about the valuations of tech stocks. David Ryder/Getty Images Technology investors hoping for a quick rebound to new highs may be in for a ...
Chegg stock plummets toward lowest price in 4 years after annual forecast chopped
Chegg Inc. shares plunged toward their lowest price in four years Monday afternoon, after the online-education company slashed an annual forecast provided three months ago. Chegg CHGG, +0.97% righted ...
Rivian’s IPO Lockup Is Almost Over. Here’s What that Means for the Stock.
Text size Door panels for the R1T, Rivian’s electric pickup truck, are ready for installation on the trim line. Courtesy Rivian Rivian Automotive investors have been dealing with a lot lately. S...
Grubhub Owner Jet Could See Broader Engine Failure
Grubhub owner Just Eat Takeaway.com’s TKWY 3.87% share price fell nearly 70% over the past year. Trimming the fat might not help in the long run. The European food-delivery giant said in April it woul...
For Exxon and Chevron, profit misses could create a buying opportunity
Mixed quarterly results dragged shares of Exxon Mobil Corp. and Chevron Corp. lower on Friday, although Wall Street kept Chevron stock among its top energy picks and predicted more upside for Exxon sh...
Amazon’s price targets are slashed and stock sinks after first quarterly loss in seven years
Amazon.com Inc. shares sank more than 12% in Friday trading after the e-commerce and tech giant reported its first quarterly loss in seven years. Amazon AMZN, -14.05% fell to the lowest level since Ju...
AbbVie Shares Drop Amid Missed Sales Expectations for Key Drugs
Text size AbbVie stock is up 15.4% so far this year. Courtesy of AbbVie In a quarterly earnings report out Friday, the drugmaker AbbVie cut its full-year earnings guidance, and a number of its key dru...
Netflix Sent Warner Bros. Discovery Stock for a Dive. Execs Bought Up Shares.
Text size David Zaslav, president and CEO of Warner Bros. Discovery. Patrick T. Fallon/Bloomberg Warner Bros. Discovery stock has tumbled in the short time the company was formed from the merger of AT...
Stock of SPAC buying Truth Social jumps after Trump posts for first time in months
Shares of Digital World Acquisition Corp., the special purpose acquisition company that is buying the company behind Donald Trump’s Truth Social, soared in after-hours trading Thursday after Trump pos...
Intel stock declines as chip maker doubles down on outlook despite headwinds
Intel Corp. shares declined in the extended session Thursday after the chip maker held onto its full-year outlook amid expected weakness this quarter, forecasting a surge in sales from its major busin...
Tesla Stock Is Dropping Like a Stone. There’s No New Reason.
Text size Tesla cars parked in a lot at a Tesla factory. Justin Sullivan/Getty Images Tesla shares opened higher Thursday, then promptly fell. It isn’t easy to find anything new spooking investors. Sh...
Tesla Stock Is Pricing in $37 of Twitter Fear. Here’s How We Know.
Text size CEO of Tesla Motors Elon Musk Suzanne Cordeiro/AFP via Getty Images Tesla and Twitter stocks are linked, for at least a little while, as investors wonder how Tesla CEO Elon Musk will fund th...
Ford’s Earnings Took a Huge Hit From Rivian. Wall Street Is Happy Anyway.
Text size Ford’s shares have moved about 7% or 8%, up or down, on average after the past four quarterly reports. Justin Sullivan/Getty Images Ford Motor reported first-quarter earnings that mode...
Twitter Stock Falls on Fears Musk Might Abandon Deal
Text size One merger arbitrager says the Twitter deal’s conditions are “seller-friendly.” Scott Olson/Getty Images Twitter shares are falling Wednesday as investors worry that Elon M...
QuantumScape Stock Falls. Earnings Aren’t the Problem.
Text size Investors know that significant sales are still years away for QuantumScape. Courtesy QuantumScape Solid-state battery technology company QuantumScape reported a wider-than-expected loss for...
Snowflake stock surges after analyst says its story is misunderstood
Snowflake Inc.’s stock isn’t cheap despite a recent decline, but one analyst says it’s still worth a look from investors. Wolfe Research analyst Alex Zukin initiated coverage of Snowflake’s SNOW, +7.5...
PS Business Parks to Be Bought for $7.6 Billion By Blackstone. The Stock Soars.
Text size Blackstone bought PS Business Parks shortly after acquiring American Campus Communities , a student-housing company. Dreamstime PS Business Parks stock soared on Monday after the commercial ...
Big Pension Sells GM and Nvidia Stock. It Bought Ford and Intel.
Text size GMC vehicles Brandon Bell/Getty Images Alabama’s pension has made some intra-sector trades among its bigger investments. Retirement Systems of Alabama slashed an investment in General Motors...
These Stocks Got Hot During the Pandemic. Now They’re Cooling.
The pandemic spawned a new universe of stock-market stars. Some are now coming back to Earth. The onset of Covid-19 changed the way people worked, shopped and dined, helping companies such as videocon...
Gap stock sinks 18%, heads for lowest close since July 2020
Gap Inc. stock plunged 18% in Friday trading after the company announced Old Navy’s Chief Executive Nancy Green is leaving the role, and the company lowered first-quarter sales expectations. Green is ...
Facebook Is Broken. Execs Say a Fix Won’t Come Fast.
Meta Platforms, the former Facebook, has come under heavy fire from Congress, regulators, and even its own users, but there has been nothing like the crisis it now faces. Its core business is decelera...
For Ackman’s Pershing Square, a Record of Big Hits and Misses
Pershing Square Capital’s William Ackman has had some successes in recent years, but also some big flops, with Netflix being the latest example. Bryan Bedder/Getty Images for The New York Times ...
AT&T Shareholders Who Sell Warner Bros. Stock Face Tax Complexities
Text size AT&T shares have risen 10% since April 8. Stefani Reynolds / AFP via Getty Images Since the AT&T spinoff of its 71% stake in Warner Bros. Discovery to its shareholders on April 8, ma...
IBM Stock Soared. Why the 111-Year-Old Tech Company Outperformed Today.
Text size IBM’s results lifted other low-multiple, legacy-tech stocks including Oracle and HP. Miguel Medina/AFP via Getty Images Score one for the old timers. On a day when Netflix stock plunge...
IBM stock rises following Street beat, optimistic outlook despite lost Russia business
International Business Machines Corp. shares rose in the extended session Tuesday after Big Blue forecast an optimistic 2022 with the only headwind being a loss of Russian business following quarterl...
Alibaba, Bilibili, and China Tech Stocks Slide on Livestreaming Crackdown
Text size DiDi headquarters in Beijing. AFP via Getty Images Chinese technology stocks stumbled Tuesday in Hong Kong amid tighter regulations from Beijing on the country’s livestreaming sector, and on...
Stocks Are Struggling After Earnings. Nvidia, AMD, and Others That Could Soar.
Text size Stock in Advanced Micro Devices has plunged this year. Dreamstime The latest corporate earnings news isn’t giving stocks a lift, but it is still possible to find shares that can jump in resp...
DiDi Global Stock Sinks on Plans for U.S. Delisting
Text size The Didi ride-hailing app is displayed on a smartphone. Qilai Shen/Bloomberg DiDi Global shares sank in premarket trading Monday after the Chinese ride-hailing company said it was preparing ...
Twitter Is the S&P 500’s Top Performer in April. Nvidia Is the Worst.
Text size Target store shopping carts in Miami. Joe Raedle/Getty Images It’s been a volatile month for stocks as investors have navigated a complex macroeconomic minefield — from rising interest rates...
Redbox stock surge continues, but don’t call it a short squeeze
Shares of Redbox Entertainment Inc. were continuing their massive surge Monday, which analysts saw as reflective of increased investor comfort in the wake of recent financing announcements as well as ...