Shares of many of America’s largest banks are falling sharply this week after a period of outperformance that saw Goldman Sachs Group GS, -2.32% claw back practically all of its losses from earlier in...
Tag: share price movement
4 Things to Know About Textron’s Helicopter That Won $80 Billion Army Contract
Textron stock soared Tuesday after the defense company won a contract worth up to $80 billion to build a new helicopter for the Army. Word of the award came late Monday. The Army is turning to Textron...
Textron wins U.S. Army development contract, shares surge 8%
Shares of Textron Inc. TXT, -1.96% were trading higher in Monday’s after-hours session following the company’s announcement it was awarded the development contract for the U.S. Army’s Future Long-Rang...
GameStop’s third-quarter results on deck: What to expect from the meme-stock darling
Meme-stock darling GameStop Corp. reports its third-quarter results after the market closes on Wednesday, with analysts looking for a narrowing loss from the videogame retailer. GameStop GME, -7.12%, ...
AMD, Nvidia, and 3 More Chip Stocks to Buy That Have ‘Priced In’ the Downturn
Five chip stocks are considered buying opportunities by KeyBanc Capital Markets after the semiconductor sector’s big drop in share prices this year. The iShares Semiconductor (SOXX) exchange-traded fu...
Nio EV deliveries rise 30% to a record in November, XPeng’s tumbles 63%
Nio Inc. reported Thursday that November deliveries that surged to a record monthly total, outpacing rival China-based electric vehicle makers by a wide margin. The company said it delivered 14,178 EV...
Marvell, Zscaler, Asana, and More Stock Market Movers Friday
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Okta stock surges more than 25% as analysts approve of company’s profit heading
Okta Inc. shares surged by more than a quarter of its value Thursday after analysts praised the identity software company for heading in the right direction after it promised a profitable fiscal 2024 ...
Zscaler stock drops 10% on conservative guidance, as it’s taking longer to close deals
Zscaler Inc. stock fell in the extended session Thursday after the cybersecurity company said longer sales cycles and other headwinds contributed to its conservative guidance, one slightly above the W...
Gun maker Sturm, Ruger to pay $5 special dividend, stock surges
Shares of Sturm, Ruger & Co. rallied toward a four-month high Thursday, after the firearm maker said it would pay a special dividend of $5 a share. Shareholders of record on Deb. 15 will be paid t...
Alibaba stock flies toward best month in 7 years
The U.S.-listed shares of Alibaba Group Holding Ltd. were ending a historically strong month on a high note Wednesday, as the China-based e-commerce giant was swept up in the hope that the country wil...
Carvana Stock Downgraded After a 97% Drop. Why Analysts Waited.
Carvana stock is falling in Wednesday trading, following a BofA Securities downgrade. The move comes after the stock has swooned 97% so far this year, although BofA isn’t alone in riding the used-car ...
XPeng’s Results Miss Forecasts but the Stock Is Soaring
XPeng investors desperately needed some good news. They didn’t get much with the company’s third-quarter earnings report. Shares are soaring anyway to start the day. It looks as if the badly beaten up...
CrowdStrike stock drops nearly 20% as elongating sales cycle slows new subscriptions
CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations amid macro headwinds and longer customer buyi...
Apple Stock Keeps Falling—and I Feel Fine
If Apple stock falls and it doesn’t make a sound, will anyone notice? Not if the market stock market keeps going up. The past month has been good for the stock market and bad for Apple stock (ticker: ...
Second-Largest U.S. Pension Buys Up Rivian, Snowflake, Airbnb, and Noble Stock
America’s second-largest public pension by assets recently increased its investments in some of the market’s more volatile stocks. The California State Teachers’ Retirement System doubled its stakes i...
TJX, Lowe’s, and Home Depot Stocks Have Soared. Further Gains Might Have to Wait.
Retail stocks—and earnings—are showing signs of life. But even though it is retail’s busiest season, this isn’t a great time to buy. Shares in retail companies, as measured by the VanEck Retail excha...
Tesla Stock Has Cost Musk $200 Billion. Here’s Who, and What, to Blame.
The drop in Tesla stock has cost investors and CEO Elon Musk a huge amount of money. As the end of the year approaches, investors—and maybe even Musk—should consider how it happened. On Monday, Tesla ...
Al Gore’s Firm Dumps Intel Stock. It Also Sold Shopify and Microsoft Stock.
The investment firm co-founded by former vice president Al Gore recently made some big trades in the largest holdings of its portfolio. In the third quarter, Generation Investment Management sold all ...
GameStop’s Ryan Cohen Wants to Be More Than a Meme-Stock King
Ryan Cohen is the face of an investing revolution that captivated amateur traders, punished Wall Street and favored memes over fundamentals. Many of his other bets belong to a more conservative playbo...
Palo Alto Networks one of 2022’s best software stocks after another beat-and-raise quarter
Palo Alto Networks Inc. shares rallied Friday into rarified air for a tech company — and especially for an enterprise software company — in 2022, following another beat-and-raise quarter and praise fr...
Sell Tesla Stock on ‘Any Rally to $200’
Tesla has been a remarkable stock for a really long time. Not so much in 2022. Investors could use some good news, and some could be on the way. There’s a big headwind to worry about, though. Tesla (t...
Muddy Waters takes short position against U.S.-listed Uruguayan payments company
Short seller Muddy Waters Capital announced it has taken out a short bet against Uruguayan payments firm dLocal, calling the company “likely a fraud,” which caused its shares to dramatically drop on W...
Nvidia earnings chopped in half, but tweaked servers to China offset earlier $400 million warning
Nvidia Corp. shares ticked higher in the extended session Wednesday after the chip maker said modified servers to China mostly made up for an expected $400 million shortfall due to a U.S. ban on certa...
Carnival stock dives after private sale of $1 billion in convertible debt
Shares of Carnival Corp. pulled back sharply on heavy volume Wednesday, after the cruise operator took advantage of a recent big rally to commence a private offering of debt that can be converted into...
Warren Buffett’s chip-stock purchase is a classic example of why you want to be ‘greedy only when others are fearful’
This has been quite a year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just disclosed its investments in other companies as of the end of the third quarter, and one name — and one ...
Berkshire Hathaway discloses stakes in TSMC, Jefferies, Louisiana-Pacific, sending those stocks higher
Berkshire Hathaway Inc. added positions in materials manufacturer Louisiana-Pacific Corp., investment bank Jefferies Financial Group and chip manufacturer Taiwan Semiconductor Manufacturing Co. Ltd. d...
Largest U.S. Pension Buys Up Apple, Intel, Microsoft, and GE Stock
America’s largest public pension fund by assets increased positions in some of its largest stock investments in the third quarter. California Public Employees’ Retirement System bought more shares of ...
Disney Stock Has a Tough Year Ahead. Investors Have Already Been Burned.
Walt Disney stock is an orphan. It’s too pricey for value investors, not expected to grow fast enough for growth investors, and ditched its dividend in 2020, putting it out of reach of income funds. ...
Cisco Shares Slip Ahead Of Next Week’s Earnings Amid Demand Worries
Cisco Systems shares were sagging ahead of the company’s earnings report next week amid concerns about softening demand, among other factors. Cisco (ticker: CSCO) shares on Friday were down 2.2%, to $...
EV Stocks Face a Reckoning. Not All of Them Will Make It.
Electric vehicle stocks have stalled—and many won’t get started again. Yes, things are that bad for EV start-ups as they try to become the next Tesla (ticker: TSLA). The blame starts with rising inter...
FIS stock enjoys best week since 2020, marking bright spot in tough recent stretch
Shares of Fidelity National Information Services Inc. notched their best weekly performance since the early days of the pandemic this week as analysts chimed in with upbeat views about the financial-t...