The stocks making the biggest moves in premarket trading include CVS Health, Coty, T-Mobile US, Peloton, and more.
Kategorie-Archiv: CNBC Financial News
Cramer says a Biden presidency with a GOP Senate would be ’so boring‘ — and that’s great for stocks
„I feel that there’s closure coming, and that’s part of the rally“ on Wall Street since Tuesday’s election, CNBC’s Jim Cramer said.
In most years, hurricane activity would have wound down by now. Not in 2020
Hurricane Eta, forecast to redevelop and head toward Florida next week, is the 28th named storm of this season. Eta’s intensity is rare for a November storm.
With Ant’s IPO on hold, China emphasizes need for fintech regulation
Just days after the abrupt suspension of Ant Group’s IPO, China’s financial authorities emphasized the need to ensure sufficient regulation.
All-star investor Rich Bernstein sees ‚a very bearish sign for the economy and corporate profits‘
Institutional Investor Hall of Famer Richard Bernstein, who runs Richard Bernstein Advisors, is worried about Big Tech’s recent outperformance.
Chinese video-sharing app Kuaishou files for IPO as new leaders emerge in the industry
The fickle Chinese consumer has latched onto a set of new preferences for watching videos, a trend investors and media giants are tapping into.
Uber reports 18% revenue decline but says ride-hailing business is picking back up
Uber missed expectations on revenue and lost $1.09 billion during the quarter.
CVS Health raises 2020 earnings guidance as plan to offer wide range of medical services pays off
CVS reported a better-than-expected 3.5% jump in third-quarter revenue, as its plan to remake the drugstore chain into a health service company paid off.
Zillow shares jump after online real estate company blows past estimates and provides optimistic forecast
Zillow continues to benefit from the movement towards remote work and low interest rates.
Peloton shares fall despite earnings beat as bike maker warns of ongoing supply constraints
Peloton raised its financial outlook for fiscal 2021, now expecting to report $3.9 billion or more in total revenue.