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In this article UAA PTON A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Reuters Check out the companies making headlines in midday trading Friday. Peloton — Shares of…
In this article SPCE SQ CI UAA SHAK DKNG Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker posted an adjusted first-quarter loss of 1 cent per share, compared with a profit estimate of 6 cents per share. Under Armour also issued a weaker-than-expected outlook for its…
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022. Andrew Kelly | Reuters Stock futures were little changed in overnight trading Thursday after the Dow Jones Industrial Average posted its worst day since 2020. Futures on the Dow Jones Industrial Average were near flat….
In this article TWTR SHOP-CA Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Thursday: EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported…
In this article W SHOP-CA KTB SEAS TWTR SAVE Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to buy the company. An SEC filing shows Oracle co-founder Larry Ellison and investor Ron Baron…
In this article SBUX AAPL 9987-HK EL DD Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on site since April 16. CFOTO | Future Publishing | Getty Images BEIJING — Several international corporations warned…
The Federal Reserve on Wednesday raised its benchmark interest rate by half a percentage point as the most aggressive step yet in its battle against generational highs in inflation. Along with the move higher in rates, the central bank indicated it will begin reducing asset holdings on its $9 trillion balance sheet. The Fed had…
In this article MRNA UBER EAT GNRC TUP LYFT Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes increase during the quarter while food deliveries also continued to grow. Brinker International…
The LIC logo looms above a couple of passersby in Mumbai in India last week. The IPO of the biggest payer in life insurance in the country is expected to fetch $2.7 billion in the country’s biggest IPO so far. Punit Paranjpe | Afp | Getty Images The dominant player in India’s life insurance market,…
In this article CHGG DVN JPM BP.-GB PARA James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Paramount Global – Shares fell 1.7% after the…
Russia faces renewed threat of debt default on May 4, according to major ratings agencies, as the grace period comes to a close after it attempted to service its dollar bond payments in Russian rubles. Mikhail Tereshchenko | Sputnik | via Reuters Russia looks set to meet another deadline for debt payments on Wednesday after…
The market may be in the early innings of a dramatic decline. Despite Monday’s tech comeback, money manager Dan Suzuki of Richard Bernstein Advisors warns the group is in a “bubble.” “Go back and look at the history of bubbles. They don’t softly correct and then are off to the races six months later. You…