Stocks making the biggest moves premarket: Dollar Tree, Peloton, Salesforce and more
Stocks making the biggest moves premarket: Dollar Tree, Peloton, Salesforce and more
Stocks making the biggest moves after hours: Snowflake, Nvidia, Salesforce and more
These are the stocks posting the largest moves in after hours trading.
President’s student loan forgiveness plan draws pushback from some lawmakers and consumer groups
Some consumer groups and lawmakers lauded the Biden administration’s student loan forgiveness announcement Wednesday while suggesting it wasn’t enough.
Stocks making the biggest moves midday: Peloton, Bed Bath & Beyond, Nordstrom and more
These are the stocks posting the largest moves in midday trading.
Peloton reports big loss, decline in revenue as the company grinds through its turnaround plan
Peloton has pursued sweeping changes, including price hikes and a shift to emphasizing subscriptions, that have yet to fully pay off.
Nvidia says gaming market conditions are ‚challenging,‘ Q3 forecast misses
Nvidia’s success in the past two years has been largely attributed to the quality of its latest generation of graphics cards.
Salesforce trims full-year expectations for earnings and revenue
Salesforce beat estimates for the latest quarter but gave a disappointing forecast for the year.
Snowflake shares soar following revenue beat
Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday.
ForexLive European FX news wrap: Early risk jump pins down the dollar
<p>Headlines:</p><ul><li><a target=“_blank“ href=“https://www.forexlive.com/news/us-futures-jump-higher-in-european-morning-trade-20220825/“>US futures jump higher in European morning trade</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/dollar-falls-as-risk-appetite-picks-up-to-start-the-session-20220825/“>Dollar falls as risk appetite picks up to start the session</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/centralbank/feds-george-there-is-more-work-to-be-done-on-high-inflation-20220825/“>Fed’s George: There is more work to be done on high inflation</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/centralbank/feds-bostic-strong-data-may-make-a-case-for-another-75-bps-rate-hike-20220825/“>Fed’s Bostic: Strong data may make a case for another 75 bps rate hike</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/germany-august-ifo-business-climate-index-885-vs-868-expected-20220825/“>Germany August Ifo business climate index 88.5 vs 86.8 expected</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/germany-q2-final-gdp-01-vs-00-qq-prelim-20220825/“>Germany Q2 final GDP +0.1% vs 0.0% q/q prelim</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/news/uk-august-cbi-retailing-reported-sales-37-vs-7-expected-20220825/“>UK August CBI retailing reported sales 37 vs -7 expected</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/centralbank/bojs-nakamura-it-is-premature-for-boj-to-tweak-dovish-forward-guidance-now-20220825/“>BOJ’s Nakamura: It is premature for BOJ to tweak dovish forward guidance now</a></li></ul><p>Markets:</p><ul><li>AUD leads, USD lags on the day</li><li>European equities higher; S&P 500 futures up 0.5%</li><li>US 10-year yields down 1.1 bps to 3.095%</li><li>Gold up 0.7% to $1,762.93</li><li>WTI crude up 0.4% to $95.25</li><li>Bitcoin up 0.1% to $21,722</li></ul><p style=““ class=“text-align-justify“>The destruction continues in European energy markets but broader markets in general are finding relief before we get to Jackson Hole tomorrow. There was a quick bid in equities in the early hours of the morning, which prompted the dollar to slide across the board as well. Most of that move stuck around as we now transition to North America trading.</p><p style=““ class=“text-align-justify“>S&P 500 futures shot up from being up 0.3% to 1.0% gains and the dollar fell as a result. EUR/USD moved up from 0.9980 to 1.0030 before pulling back closer to parity and now back down to 0.9975 as the euro continues to struggle for any upside traction.</p><p style=““ class=“text-align-justify“>GBP/USD moved up from 1.1810 to 1.1860 before keeping just below that now while USD/JPY eased from 136.85 to 136.35 during the session and is keeping at the lows for the day currently.</p><p style=““ class=“text-align-justify“>Commodity currencies enjoyed a respite with USD/CAD moving down from 1.2950 to test 1.2900 while AUD/USD came up from 0.6950 to 0.6990 before gains seized near the 0.7000 mark.</p><p style=““ class=“text-align-justify“>Fed speakers continue to keep the door open for a 75 bps rate hike next month but the only words that matter this week will be from Powell.</p>
This article was written by Justin Low at www.forexlive.com.