Text size Once again, the Apple story will be dominated by the strength of iPhone demand. Hector Retamal/AFP via Getty Images Apple reported better-than-expected results for its December quarter late ...
Tag: Stock
Robinhood Shares Plunge Amid Gloomy Revenue Outlook Just One Year After Meme Stock Mania
Topline Shares of popular stock trading app Robinhood tumbled nearly 10% after the company reported fourth quarter earnings that failed to impress investors, while also issuing a grim revenue forecast...
Why the stock market hates the idea of rising interest rates
Traders work on the floor of the New York Stock Exchange at the opening bell Jan. 25, 2022. TIMOTHY A. CLARY | AFP | Getty Images The specter of rising interest rates is spooking the stock market. The...
WeTransfer cancels IPO due to stock market volatility
The WeTransfer logo on a smartphone. Gabby Jones | Bloomberg via Getty Images LONDON — The stock market has gotten a little too volatile for WeTransfer’s liking. The Dutch file-sharing company s...
Tesla stock drops 8% as investors digest new vehicle delays
Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass. Robert Hanashiro | USA ...
Teradyne Earnings Were Great. The Stock Gets Crushed on Guidance.
Text size Dreamstime Stock in robotics and semiconductor test equipment maker Teradyne was plummeting after the company reported better-than-expected fourth-quarter numbers. The fourth quarter isn’t t...
Did The ‘Vegan Mafia’ Overhype Beyond Meat Stock?
Beyond Meat hamburger is seen in a pub in Milan, Italy, on January 04 2020. (Photo by Mairo … [+] Cinquetti/NurPhoto via Getty Images) NurPhoto via Getty Images This week, Unovis Asset Managemen...
SoftBank’s stock rises, bouncing back from a 52-week low
SoftBank Group Corp. (JPTSE:9984) shares gained on Wednesday, rebounding back from a 52-week low on Tuesday. This happened as Nvidia Corp. considered pulling out of its deal to buy Arm Ltd. from the J...
Nucor stock rallies as profit soars and tops expectations, as steel prices per ton nearly doubles
Shares of Nucor Corp. NUE, -1.22% rallied 2.1% in premarket trading Thursday, to bounce off a six-month closing low in the previous session, after the steel maker fourth-quarter profit that rose above...
DeFi Assets Crash, Bitcoin Exhibits Correlation with the U.S. Stock Market
Over the past week, bitcoin and cryptocurrency prices have tumbled. The crypto market as a whole has lost almost $1.4 trillion in value. The collapse has prompted warnings of a “crypto winter,” which ...
DraftKings stock pops as Morgan Stanley highlights ‘Too Big an Opportunity to Ignore’
DraftKings stock (DKNG) popped as much as 18% on Wednesday following a bullish call from a Morgan Stanley analyst. The stock, which has struggled in recent months, settled up 5.2% on that day at $20....
Lam Research notes fresh supply-chain issues, hurting stock and casting pall over chip-equipment sector
Lam Research Corp. shares sank 6% in late trading Wednesday after the chip-equipment supplier reported worse-than-expected fiscal second-quarter revenue and third-quarter guidance, which the chief exe...
Intel stock punished again as slimmer profit margins ding earnings forecast, but CEO sticks to his plan
Intel Corp. executives expect profit margins to remain pressured in the long term as the chip maker builds out manufacturing capacity, leading to a disappointing earnings guidance that dinged the comp...
Pershing Square Hedge Fund Purchases 3.1 Million Netflix Shares Following Streamer’s Massive Stock Drop
Topline William Ackman, founder and CEO of the hedge fund management company Pershing Square Capital Management, announced Tuesday that the company purchased 3.1 million shares of Netflix following th...
Apple’s Q1 Numbers Should Be Fine — But the Stock Is Still Not a Buy, Warns Goldman Sachs
Less than 24 hours from now — Thursday, after close of trading — tech giant Apple (AAPL) will report its earnings for fiscal Q1 2022. Many analysts on Wall Street are optimistic, predictin...
Teradyne stock plunges nearly 20% after earnings guidance misses
Teradyne Inc.’s first-quarter financial guidance fell short of Wall Street projections, sending shares down nearly 20% in after-hours trading to $115.03. The company projected 71 cents to 93 cents a s...
Intel Stock: Chipmaker Beats Fourth-Quarter Goals
Chipmaker Intel (INTC) late Wednesday beat Wall Street’s targets for the fourth quarter but gave a mixed outlook for the current period. Intel stock fell in extended trading. X The Santa Clara, ...
Stock market news live updates: January 27, 2022
Futures tied to Wall Street’s major indexes rose slightly in extended trading Wednesday after a turbulent earlier session that saw stocks reverse gains into the close after the Federal Reserve signale...
$ROCKET Token Pre-Sale Continues, As The Stock Becomes Limited
Advertisement     The $ROCKET token is pleased to inform the community regarding 91% of the allocated tokens during the pre-sale going sold-out. With the bearish marke...
Stock futures rise as investors assess Fed update
Traders work on the floor of the New York Stock Exchange (NYSE) on January 18, 2022 in New York City. Spencer Platt | Getty Images Stock futures rose on Wednesday night after Federal Reserve chairman ...
LRCX Stock: Lam Research Posts Mixed Quarterly Results
Semiconductor equipment maker Lam Research (LRCX) late Wednesday delivered December-quarter results that edged above expectations for earnings, but the company missed views on sales. It also guided lo...
Tesla Stock Falls Despite Earnings Beat; Supply Chain-Woes Hamper Production
Tesla (TSLA) reported better-than expected fourth-quarter earnings late Wednesday, but the U.S.-based electric-vehicle says supply-chain issues continue to slow production. Tesla stock fell after the ...
this stock down 67% is still NOT a buy
Shares of Roku Inc (NASDAQ: ROKU) are down another 35% year-to-date, but Simpler Trading’s Danielle Shay says she still wouldn’t buy the stock at current levels. Shay defends her bearish outlook on CN...
AT&T Earnings Beat Forecasts. The Stock Can’t Get Past Spinoff Uncertainty.
Text size AT&T stock rose despite a “disappointing” earnings outlook. Justin Sullivan/Getty Images AT&T ‘s reported fourth-quarter results on Wednesday that continued a streak of s...
Fed Readies March Interest Rate Hike To Fight Inflation Surge Despite Stock Market Plunge
Topline In an effort to combat a decades-high surge in inflation, the Federal Reserve will move to raise interest rates “soon,” officials said at the end of a two-day policy meeting Wednesday—a largel...
Gibraltar Could Set Up Hybrid Stock Exchange to Accept Crypto
Gibraltar hopes to add another feather to its crypto cap as British Entrepreneur sees problems with crypto’s pedigree as loan-collaterals due to its volatility. Richard O’Dell Poulden, British entrepr...
Intel stock hits lowest price in more than a year, and there is another shoe to drop
Intel Corp. weathered another tough investor reaction to its earnings report Thursday, and analysts say the chip maker faces another potential challenge in addition to falling margins: A looming overs...