Stocks making the biggest moves midday: Tesla, VF Corp, Marriott, MGM and more

In this article TSLA MS SBNY UAL MGM SAIC SI Follow your favorite stocksCREATE FREE ACCOUNT A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines in midday trading. Tesla – The electric vehicle giant slid 5.2%…

Stocks making the biggest moves midday: Salesforce, Five Below, Okta, Costco and more

In this article OKTA DBI CRM COST FIVE LE PVH Follow your favorite stocksCREATE FREE ACCOUNT A shopper loads a car with bottled water at a Costco Wholesalers in Chingford, Britain March 15, 2020. John Sibley | Reuters Check out the companies making headlines in midday trading. Salesforce — Shares of the cloud-based software company…

This tax strategy may offset losses – but investors need to act now or be in for a ‘nasty surprise’

Investors may get a wake-up call this winter when it comes to taxes, but it doesn’t have to be that way. According to BNY Mellon’s Ben Slavin, it’s a key time to sell losing investments in order to cut down on capital gains. He warns waiting until January or February may be too late. “Mutual…

Economist Austan Goolsbee named next Chicago Fed president

The economist Austan Goolsbee will take over as president of the Chicago Federal Reserve early next year as the central bank weighs critical policy moves ahead, according to an announcement Thursday. Goolsbee will take the seat officially on Jan. 9, 2023 and finish a term begun by the retiring Charles Evans that expires Feb. 28,…

Wrong Covid test results in China raise concerns ‘the pandemic may never end’

Residents queue at a Covid-19 testing booth in Beijing, China, on Monday, Nov. 28, 2022. The capital city has required regular virus tests for more than half a year. Bloomberg | Bloomberg | Getty Images BEIJING — Local frustration with Covid controls in China has increasingly targeted virus testing requirements and the big business they’ve…

Stocks making the biggest moves after hours: Asana, Zscaler, Marvell and more

In this article ASAN MRVL ZS PD Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians wearing protective masks pass in front of a banner displaying Asana Inc. signage during the company’s initial public offering (IPO) in front of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, September 30, 2020. Michael Nagle |…

Stocks making the biggest moves premarket: Marvell Technology, Horizon Therapeutics, DoorDash and more

In this article PD DASH HZNP ZS MRVL Follow your favorite stocksCREATE FREE ACCOUNT Marvell Technology Group Source: marvell.com Check out the companies making headlines before the bell: Marvell Technology (MRVL) – The chip maker’s stock slid 4.9% in the premarket after quarterly sales and profit fell short of Wall Street estimates. Marvell also issued…

Hong Kong’s Hang Seng had its best month since 1998, but remains in bear market territory

In this article .HSI Follow your favorite stocksCREATE FREE ACCOUNT Red lanterns are hung up on the street in Wan Chai, Hong Kong. (Photo by Zhang Wei/China News Service via Getty Images) China News Service | China News Service | Getty Images Hong Kong’s benchmark index soared 26.6% in November – the Hang Seng index’s…

Stocks making the biggest moves midday: Zscaler, Marvell Technology, DoorDash and more

In this article ASAN PD DASH HZNP MRVL ZS Follow your favorite stocksCREATE FREE ACCOUNT Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Check out the companies making headlines in midday trading. Zscaler – The cloud security company’s shares dipped 11% following its quarterly earnings report,…

Stocks making the biggest moves premarket: Designer Brands, Lands’ End, Salesforce and more

In this article DBI DG CRM KR SNOW LE COST SPLK FIVE Follow your favorite stocksCREATE FREE ACCOUNT Store front view of Lands’ End opening of the NYC Pop-Up on Vererans Day with the Bob Woodruff foundation on November 11, 2015 in New York City. Bryan Bedder | Getty Images Check out the companies making…

China signals slight Covid policy easing — but don’t expect sweeping changes yet

Customers dine in at a McDonald’s in Guangzhou on Dec. 1, 2022, a day after the city eased Covid restrictions on restaurant operations. Yin Hon Chow | CNBC BEIJING — A trickle of changes around China’s Covid controls in the last 24 hours has raised hopes that broader relaxation is on its way. Local state…

Fed Chair Powell says smaller interest rate hikes could start in December

WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate. Echoing recent statements from other central bank officials and comments at the November Fed meeting, Powell said he sees the central bank in position to…