Text size Pedestrians walk past a Nio Inc. showroom in Beijing, China Qilai Shen/Bloomberg Stock in Chinese electric-vehicle maker NIO is now listed on two stock exchanges: The New York Stock Exchange...
Tag: share price movement
Rivian stock falls more than 12% after EV maker loses more than $2 billion, trims production targets
An earlier version of this report had incorrect quarterly loss figures for Rivian. It has been corrected. Rivian Automotive Inc. lost more than $2 billion in the fourth quarter, saying that supply-cha...
DocuSign Stock Tumbles as Outlook Again Falls Short
Text size DocuSign’s adjusted profit was a penny a share better than expected. Courtesy of DocuSign DocuSign shares are falling hard after the digital signature software company provided disappo...
DocuSign stock has lost its pandemic gains, and is plunging again after weak forecast
The pandemic gains for DocuSign Inc. shares have already disappeared, and the stock is still moving lower. DocuSign DOCU, -4.25% shares sank more than 15% in after-hours trading Thursday, following an...
Oracle stock drops after earnings fall short of Wall Street’s forecast
Oracle Corp. shares fell in the extended session Thursday after the database-software company’s earnings missed Wall Street estimates. Oracle ORCL, +0.72% shares fell as much as 8% after hours, follo...
Rivian’s Earnings Are Thursday. Here’s What To Expect.
Text size Courtesy of Rivian Electric truck startup Rivian Automotive will report fourth-quarter earnings Thursday afternoon. Trading in the stock following the report should be wild. Investors better...
Marqeta stock soars after earnings as outlook tops expectations
Shares of Marqeta Inc. were surging in aftermarket trading Wednesday after the card-issuing company exceeded revenue expectations with its latest quarterly results and delivered an upbeat outlook. The...
Palantir Stock Is Soaring. An Analyst Sees Opportunity in the Dip.
Text size Palantir stock is at “more-reasonable levels,” says an analyst. Dreamstime Palantir stock is trading sharply higher Wednesday after Piper Sandler analyst Weston Twigg launched co...
DraftKings CEO: People selling his company’s stock will ‘regret that decision’
DraftKings Inc. DKNG, +3.83% CEO Jason Robins vows that people who are selling his company’s stock will “regret that decision.” Robins wrote this message on Twitter TWTR, +5.03% on Tuesday as DraftKin...
Google’s $5.4 billion deal for Mandiant could have ‘a major ripple impact’ within cybersecurity
Alphabet Inc. plans to acquire Mandiant Inc. for roughly $5.4 billion in a deal that could unleash a long-awaited consolidation across the cybersecurity industry. The Google parent company announced T...
Oil Stocks Are Nearing New Heights. It’s Time to Be Careful.
Text size An Exxon Mobil oil refinery in Rotterdam. Dean Mouhtaropoulos/Getty Images Oil stocks are approaching levels not seen in years as the price of the fuel surges and shows little sign of backin...
Nearly All Russian ETFs Halted in the U.S.
Exchange-traded funds had been one of the last ways to trade Russian stocks. NYSE Text size Don’t try to invest in Russian stocks with an exchange-traded fund. It appears all have been halted. It star...
It’s Getting Harder to Trade Russian Stocks. What to Know.
Russia’s largest companies, once worth billions of dollars, are now nearly-worthless penny stocks. It may look like an attractive opportunity, but for the most part investors can’t even chance buying ...
Splunk Stock Rises as Hellman & Friedman Takes 7.5% Stake
Text size Dreamstime Private-equity firm Hellman & Friedman has acquired a 7.5% stake in software solutions company Splunk , sending the stock rising Friday. The stake is worth about $1.4 billion,...
Carvana Is More Like Tesla Than Peloton, Says Analyst
Text size Carvana, an online auto dealer, has seen volatility in its stock. Mark Ralston/AFP via Getty Images Trading in shares of online-auto-dealer Carvana has been volatile lately as bulls and bear...
Biogen Stock Has Fallen 50%. Why It’s Time to Buy.
Text size Biogen’s Alzheimer’s disease treatment was once expected to be a megablockbuster. Dominick Reuter/AFP via Getty Images Shares of the biotech firm Biogen are down 50% since June 1...
Rivian Stock Ends a Hard Week With a Price Target Cut
Text size Rivian Courtesy Rivian Investors in electric-truck start-up Rivian Automotive are having a tough week. Shares slid again Friday after Baird analyst George Gianarikas cut his price target for...
C3.ai Shares Tumble as Deutsche Bank Tells Investors to Sell the Stock
Text size Dreamstime C3.ai shares are taking a beating Friday, pressured by a negative research note from Deutsche Bank analyst Patrick Colville, who cut his rating on the stock to Sell from Hold, wit...
Alibaba Stock: The ‘Cheapest Company in the World’ Outside Russia
Text size Alibaba’s market value is under $300 billion, against about $1.5 trillion for its U.S. counterpart, Amazon.com. Qilai Shen/Bloomberg Alibaba Group Holding is probably “the cheapest com...
Semiconductor, PC stocks rally after Biden touts importance of U.S. chip manufacturing
Chip-related stocks and shares of computer makers surged Wednesday following a push by President Joe Biden to pass legislation that would result in more than $50 billion in government subsidies to bui...
Rivian Stock Is Falling Because EV Prices Are Rising. Investors Aren’t Happy.
Text size Prices for some Rivian vehicles and trim levels are rising up to 20%. Courtesy Rivian Prices for new electric vehicles from electric truck maker Rivian Automotive are rising to help the star...
Salesforce tops $7 billion in quarterly revenue for first time, executives focusing on Slack instead of looking for new acquisitions
Salesforce.com Inc. shares rose in extended trading Tuesday after the software company said it would focus on last year’s acquisition of Slack Technologies Inc. instead of considering more purchases a...
SoFi stock soars after fintech company gives upbeat earnings outlook
Shares of SoFi Technologies Inc. were soaring 14% in after-hours trading Tuesday after the financial-technology company exceeded expectations with its earnings outlook. SoFi SOFI, -2.18% recorded a fo...
EPAM Systems Stock Plunges. It Makes Software in Ukraine.
Text size The company had more than 12,000 staff in Ukraine as of the end of 2021. Dreamstime Shares of EPAM Systems tumbled nearly 40% after the software-design company said it is withdrawing its fi...
Viatris to Sell Biosimilars Business for $3 Billion. Shares Tumble.
Viatris will sell the biosimilars business of the former Mylan to the Indian drugmaker Biocon for as much as $3.3 billion. Dreamstime Text size Viatris , the company formed in 2020 through a merger of...
Tech Stocks Get a Bear-Market Scare. What Could Come Next.
As Russian forces were pouring over the border into Ukraine, the tech sector briefly tumbled into a bear market on Thursday. Both the Nasdaq 100 and the Nasdaq Composite fell enough that morning to ex...
AMD Stock Is Rising. Investors Are Cheering More Buybacks.
Advanced Micro Devices stock jumped on Friday, the morning after the chip maker unveiled a new $8 billion buyback program. The stock’s newest bull sees more good things coming. AMD (ticker: AMD) said ...
Dell stock drops as earnings miss offsets new dividend
Dell Technologies Inc. shares dropped in the extended session Thursday after the computer maker’s earnings fell short of Wall Street expectations while the company’s board initiated a dividend. Dell ...
Alibaba Stock Is in the Dumps. Here Are 2 Requirements for a Turnaround.
Alibaba is down in the dumps again. While tech stocks at large staged a turnaround Thursday—with the Nasdaq index ending 3.3% higher after opening almost as much in the red—the Chinese internet giant ...
3M Stock Is Soaring. Thank Johnson & Johnson.
3M stock is jumping Friday. The primary reason isn’t the broad market rally, although that helps. The best explanation for 3M’s rise comes from an odd source for an industrial conglomerate. Johnson &a...
Zscaler Stock Falls Sharply After an Earnings Beat. Here Is Why.
Text size Dreamstime Zscaler stock was poised to take a tumble when markets open Friday after the cloud-based internet security company’s guidance deflated investor enthusiasm, even as its second-quar...
Rivian Earnings Are Coming. Wall Street Is Cutting Price Targets in Preparation.
Text size The average analyst target price for Rivian is down to about $116 a share from $133 over the past month. Courtesy Rivian Electric truck maker Rivian Automotive reports fourth-quarter numbers...