These are the stocks posting the largest moves midday.
Schlagwort-Archiv: CNBC
David Einhorn says investors should be ‚bearish on stocks and bullish on inflation‘
Greenlight Capital’s David Einhorn said Wednesday he’s keeping his negative stance on the stock market as inflation and interest rates could shoot higher.
Best Buy tops holiday-quarter expectations but warns of further sales declines in the coming year
Best Buy posted earnings and revenue that beat analyst’s estimates for its holiday quarter.
Polestar cuts annual losses in half as it ramps up EV production
Polestar’s relatively positive results come after other EV startups like Lucid, Nikola and Rivian reported ongoing problems with supply chains and production.
Macy’s shares jump after holiday-quarter profit tops expectations
Macy’s delivered a bigger profit than expected during the holiday quarter.
Salesforce shares jump 16% on better-than-expected forecast
Salesforce shares surged in extended trading on Wednesday on an optimistic earnings outlook.
Kohl’s posts surprising holiday-quarter loss, offers weak sales outlook
Kohl’s sales for the holiday quarter came in well below Wall Street’s expectations.
The racial retirement savings gap remains wide – How these state IRA programs are working toward equity
Workers have put away $735 million in state retirement savings programs that are intended to help employees at small businesses.
$33 billion fintech giant Revolut reports first-ever annual profit
Revolut reported revenues of £636.2 million in 2021, three times what it made the previous year, and swung to a net profit of £59.1 million.
Stocks making the biggest moves premarket: Rivian, Kohl’s, Novavax and more
Kohl’s stock price dropped more than 8% in premarket trading after the retailer reported a surprise loss for the fourth quarter.