These are the stocks posting the largest moves in midday trading.
Schlagwort-Archiv: CNBC
Apple sales drop 5% in largest quarterly revenue decline since 2016
Apple’s overall sales for the holiday quarter were about 5% lower than last year’s, the first year-over-year sales decline since 2019.
Alphabet misses on earnings and revenue as YouTube falls short
Google’s core business is mired in a period of slow growth as businesses reel in ad spending.
Amazon beats on fourth-quarter revenue but provides light guidance
Amazon exceeded revenue expectations for the fourth quarter, but the stock price slipped on light sales guidance for the first quarter.
Ford posts full-year net loss, ugly fourth quarter as ‚execution issues‘ plague operations
The automotive industry’s earnings and forecasts are being closely watched by Wall Street for any signs of weakening consumer demand.
Starbucks misses expectations as China Covid surge hurts international sales
In China, Starbucks‘ second-largest market, transactions at cafes open at least 13 months plunged nearly 30%.
Gautam Adani calls off $2.5 billion equity sale as regulatory concerns grow
Shares of Adani Enterprise were routed in the aftermath of a report from short seller Hindenburg Research
Watch live: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Stocks making the biggest moves premarket: Meta, Align Technology, FedEx, Honeywell and more
These are the stocks posting the largest moves in premarket trading.
Charlie Munger says the U.S. should follow in China’s footsteps and ban cryptocurrencies
„A cryptocurrency is not a currency, not a commodity, and not a security,“ the 99-year-eld Munger said in an op-ed published in the WSJ Wednesday evening.