(Bloomberg) — Continental Resources Inc. plunged as much as 44% after founder and majority owner Harold Hamm distributed shares to family members, slashing his stake in the shale driller by more...
Tag: Stock
Stock futures rise slightly ahead of key inflation data
U.S. stock futures were slightly higher on Wednesday night ahead of key inflation data due Thursday morning. Dow Jones Industrial Average futures rose 79 points, or 0.2%. S&P 500 futures added 0.0...
Twilio Stock Surges As Revenue Growth Blows Past Estimates
Twilio stock surged Wednesday afternoon on fourth-quarter revenue that blew past estimates as the company also projected profitability on an adjusted basis by 2023. The March-quarter revenue guidance ...
Zynga reports record results, stock mostly unmoved after hours pending acquisition by Take-Two
Zynga Inc. reported record results in the extended session Wednesday with a slight bottom-line miss, but shares of the videogame publisher were flat after hours given its pending acquisition by Take-T...
Affirm Stock Reports Earnings Thursday; Why This Put Option Immediately Earns $235
Affirm (AFRM) reports earnings on Thursday after the close, and some analysts think the company might beat and raise. While shares have been performing poorly in the last few months, some traders may ...
New Relic Stock Tanks as Guidance Disappoints. Here’s What Analysts Are Saying.
Text size Dreamstime New Relic was falling 29% on Wednesday, a day after issuing fiscal fourth-quarter guidance that frightened investors. New Relic (ticker: NEWR) said it expects fourth-quarter reven...
Canada’s Largest Stock Market Operator TMX Group Plans to Launch Crypto-Futures Product
TMX Group, Canada’s largest stock market operator, has announced plans to launch its first crypto futures product. The development by the company comes in response to the rising demand of such product...
Teva Stock: Sales Miss As Obstacles Continue To Mount
Fourth-quarter sales of Teva Pharmaceutical‘s (TEVA) generic drugs toppled, but Teva stock popped Wednesday on stronger-than-expected profit. X During the quarter, revenue from Teva’s gene...
CVS Stock Is Dropping After Earnings Topped Expectations
Text size CVS stock is falling after earnings. Bryan Bedder/Getty Images for CVS Pharmacy CVS Health stock was falling after reporting better-than-expected earnings Wednesday but confirming full-yea...
Bitcoin Shows Divergent Strength Against Stock Market, But It Hasn’t Bottomed Yet: Bloomberg’s Mike McGlone
Yuri Molchan Leading commodity expert at Bloomberg shares another bullish forecast on Bitcoin Chief commodity strategist Mike McGlone has taken to Twitter to announce another piece of analytics data t...
CVS Health stock pulls back after profit and revenue beat expectations but full-year outlook was mixed
Shares of CVS Health Corp. CVS, +1.30% dropped 2.6% in premarket trading Wednesday, after the health services and drugstore operator reported fourth-quarter results that beat expectations but provided...
Bracing for a stock market that’s going ‘a whole lot of nowhere’: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, February 9, 2022 The looming era of ...
Adyen stock surges on strong H2 2021 earnings
Pieter van der Does, chief executive officer of Adyen. Simon Dawson | Bloomberg | Getty Images Dutch payments processor Adyen reported a 51% jump in core earnings in the first half of 2021, topping ex...
Stock futures open higher as earnings roll in
Stock futures opened higher Tuesday evening as investors considered another batch of solid quarterly corporate earnings results and looked ahead to more reports. Contracts on the S&P 500 extended ...
Google Stock: Is It A Buy Right Now? Here’s What Earnings, GOOGL Stock Chart Show
Google stock in 2021 finally outperformed other “FANG” stocks. Google-parent Alphabet (GOOGL) bested Facebook-parent Meta Platforms (FB), Amazon.com (AMZN) and Netflix (NFLX). X Google sto...
Alibaba Jumps as SoftBank Denies Involvement in Stock Filing
(Bloomberg) — Alibaba Group Holding Ltd. shares jumped in Hong Kong as SoftBank Group Corp. said it wasn’t involved in the Chinese tech giant’s filing of additional American depositary shares, a...
Rumble stock (CFVI) is up 8%: here are the best places to buy CFVI stock
Rumble has been making headlines since Monday this week after its CEO offered Rogan a $100 million contract lasting for four years to move his show to the Rumble video platform. Currently, Rogan’s pod...
Costco Stock: The Warehouse Club Makes a Major Change
Few companies have the stability at the top that Costco (COST) – Get Costco Wholesale Corporation Report does. CEO Craig Jelinek has held the position since 2012 and had a long run with the com...
GameStop stock up on rumors of Microsoft NFT game partnership
The stock price of popular video game store chain GameStop (GME) surged roughly 13% in one day amid rumors circulating online regarding a partnership with Microsoft to work on NFT gaming. At the time ...
These factors are causing a rise in BTC, ETH’s correlation with the stock market
Going mainstream is not always the best outcome for assets, and cryptocurrencies have lent proof to the same. While a rise in adoption had definitely brought legitimacy and capital to the market, it h...
Stock futures gain slightly with more big earnings ahead
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures ...
Digital World Acq stock (DWAC) is down 1% today: here is where to buy the dip
Digital World Acq stock (DWAC) has dropped after news of a delayed app launch. The stock price of the blank-check company that recently partnered with ex-President Donald Trump’s social media app open...
Stock market is starting to ‘show signs of cracking and bursting’: Harvard lecturer
The explosive growth in passive trading, a fear of missing out, and a blind faith in “celebrity CEOs” have contributed to froth in high growth tech names, according to Harvard lecturer and...
Novavax’s stock falls after Reuters report saying COVID-19 vaccine shipments are delayed in some regions
Shares of Novavax Inc. NVAX, -14.58% tumbled 12.2% in trading on Tuesday after a Reuters report said there are delays shipping the company’s COVID-19 vaccines to Europe and the Philippines in th...