T-Mobile US stock was falling Monday after an analyst downgraded shares of the wireless carrier amid concerns over subscriber growth. Craig Moffett, an analyst at MoffettNathanson, a division of SVB S...
Tag: share price movement
Tesla Raises New Car Prices as Used Values Sink. Carvana Is Trying To Keep Up.
Tesla just raised the price of its Model Y, but used car buyers looking for an electric vehicle in 2023 could end up paying more than the price of a new EV if they are not careful. Fluctuating pricing...
Tesla stock target raised as China demand swings to a ‘tailwind’
Shares of Tesla Inc. rallied toward a three-month high Monday, after Wedbush raised its price target, saying China demand has swung to a “tailwind” from a “headwind.” The stock TSLA, +2.11% climbed as...
Nordstrom stock pulls back after rocketing on reported Ryan Cohen stake
Nordstrom Inc.’s stock pulled back before Monday after surging last week following a report that activist investor Ryan Cohen is taking a large stake in the retailer. The company’s stock, which ended ...
Nvidia and 5 Other Stocks at High Risk for Short Selling
Stocks have rallied in recent months, with the S&P 500 gaining about 16% since its low point in October, but some of the market’s best performers could now be at risk of short selling. The Federal...
Indian tycoon Adani hit by more losses, calls for probe
Shares in troubled Adani Enterprises gyrated Friday, tumbling 30% and then rebounding after more than a week of heavy losses that have cost it tens of billions of dollars in market value. The company,...
Coinbase and Others Are Set for a GameStop Moment in Crypto Stock Short Squeeze
There is a short squeeze going on in beaten-down stocks across the cryptocurrency sector. All it takes is a quick look at the likes of Coinbase Global and Silvergate Capital to see that ‘ GameStop -st...
Qualcomm stock falls after forecast misses, CEO says inventory issues will persist
Qualcomm Inc. shares turned lower in the extended session Thursday after the chip maker forecast that inventory clearance would persist in the first half of the year, knocking the chip company’s outlo...
Ford Missed Earnings, Will Pay Special Dividend, and Sold Rivian Stake
Ford Motor’s earnings for the fourth quarter weren’t good enough even though guidance for 2023 was just about right. The stock is falling even as strong cash flow has the company paying a special divi...
Bed Bath & Beyond Misses Interest Payments. The Stock Soars.
Bed Bath & Beyond failed to make interest payments on its bonds just weeks after the company warned it was considering filing for bankruptcy, yet the stock is surging higher. The company was due t...
BlackRock Buys Silvergate Stock. Others Are Bullish on the Beaten-Up Crypto Bank.
The world’s largest asset manager, BlackRock disclosed a significant position in Silvergate Capital the beaten-down banker to the cryptocurrency industry whose share price has been a high-profile casu...
Meta stock spikes nearly 20% as cost cuts and $40 billion for investors overshadow earnings miss
Meta Platforms Inc. shares soared in after-hours trading Wednesday despite an earnings miss, as the Facebook parent company guided for potentially more revenue than Wall Street expected in the new yea...
Apple Stock Typically Gains After Earnings. That Could Change This Time.
Apple reports earnings after the markets close Thursday, and after a quarter of problems for the tech company, investors may be concerned that the stock won’t perform as well as it has in the past. On...
AMD CEO promises to keep taking data-center from Intel even as cloud demand pauses following ‘strong’ 2022
Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker’s data-center sales gained and executives forecast sales of more than $5 billion to start 2023, even as clo...
Giant Swiss Bank Bought Up Intel, Disney, and AT&T Stock. It Sold AMD.
A big Swiss bank made a call in chip stocks, and loaded up on media and entertainment shares. Julius Baer of Zurich bought up Intel (ticker: INTC), Walt Disney (DIS), and AT&T (T) stock, and sold ...
‘It’s not an earnings release, it’s a crime scene’: Analysts, and social media, react to Intel’s awful quarter.
“We have written the phrase ‘Worst earnings report in our history of covering this company’ on more than one occasion over the last couple of years. But this time we REALLY mean it…” That was the comm...
Tesla Stock Was Supposed to Hit a Wall by Now. It Just Keeps Climbing.
Tesla stock is hard to figure. It always seems to surprise. Investors could always use help figuring out what comes next. Stock charts are as good a place as any to start. Tesla (ticker: TSLA) reporte...
What investors need to know about Pfizer’s latest downgrade
Pfizer’s PFE, -0.92% early-stage pipeline, though promising, is still too premature to make up for the looming loss of billions of dollars from the company’s COVID-19 franchise, which includes the vac...
Intel stock drops nearly 10% after earnings miss, execs predict quarterly loss as data-center market shrinks
Intel Corp. shares dropped more than 9% in the extended session Thursday after the chip maker reported a big miss for the fourth quarter, forecast a loss for the first quarter, said the data-center ma...
Bed Bath & Beyond Says It Triggered ‘Events of Default,’ Can’t Pay What It Owes
Trading in Bed Bath & Beyond stock was halted on Thursday after the company said it had triggered “certain events of default” earlier this month. Bed Bath (ticker: BBBY ) said that happened around...
Bed Bath & Beyond stock plunges, halted after filing shows default on loans
Bed Bath & Beyond Inc. shares plunged more than 20% and were halted Thursday afternoon, after the retailer disclosed in a filing that it was in default on loans that have been called in. The strug...
Lam Research to trim 7% of workforce, increase R&D spending as memory-chip crunch hits outlook
Lam Research Corp. shares declined in the extended session Wednesday after the silicon-foundry equipment supplier said it will cut its workforce by 7%, while increasing the portion it spends on R&...
AMD, Nvidia, and 2 More Chip Stocks to Buy for 2023, According to an Analyst
Text size Mizuho rates AMD stock a Buy. Dreamstime Mizuho says there are number of semiconductor stocks that offer buying opportunities for solid gains this year. In a note to clients on Wednesday, an...
Buy Rivian and Tesla Stock, Sell Fisker and Lucid Stock, Analyst Says. Here’s Why.
Tesla ‘s coming price cuts are going to make it very difficult for other electric vehicle startups—which means investors will have to be choosier when selecting stock in the sector. The Tesla (ticker:...
Microsoft stock dives into the red after forecast misses, CFO warns about deceleration
Microsoft Corp.’s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration at the end of 2022 is expected to continue into the new year as the compa...
Ken Griffin’s Citadel made $16 billion last year – the largest annual hedge fund profit on record, investor says
Ken Griffin’s U.S. hedge fund Citadel made $16 billion in profit after fees last year – the largest annual profit ever made by a hedge fund manager, an investor has estimated. In a report published on...
Goldman Sachs Stock Looks Cheap After a Rough Week
Goldman Sachs Group stock looks appealing after a selloff this week triggered by disappointing fourth-quarter earnings and a report of a federal regulatory probe of the bank’s money-losing consumer bu...
Tesla Is Last Stronghold for Investors Buying the Dip in Tech Stocks
Listen to article (2 minutes) After a brutal year for technology stocks, individual investors have lost their appetite for buying the dip, with one notable exception. They are still scooping up shares...
Giant Fund Buys Up Tesla and Plug Power Stock, Sells GM
A large European asset manager recently made adjustments in its U.S.-traded stock investments that seem to favor electric vehicles over traditional car makers. DNB Asset Management materially increase...
Genius Group stock rallies more than 200% after it appoints former F.B.I. director to investigate alleged naked short selling
The stock of a Singapore-based ed-tech and education company called Genius Group Ltd. rallied more than 200% on Thursday, after it said it appointed a former F.B.I. director to lead a task force inves...
7 Cheap But Risky Biotech Stocks
Biotech stocks remain depressed, nearly two years into a dip that has seen the SPDR S&P Biotech ETF drop nearly 50%. The other most-watched exchange-traded fund that tracks the biotech sector, the...
ServiceNow CEO’s $25 million stock sale called ‘opportunistic’ as shares slide
Shares of ServiceNow Inc. declined in Monday trading after the company’s chief executive disclosed the sale of a sizable chunk of stock. CEO Bill McDermott cashed out of almost 54,000 shares, worth ne...