These are the stocks posting the largest moves before the bell.
Schlagwort-Archiv: CNBC
U.S. FCC commissioner wants Apple and Google to remove TikTok from their app stores
A leader of the U.S. Federal Communications Commission asked Apple and Google to remove TikTok from their app stores over China-related data security concerns.
China’s economy didn’t bounce back in the second quarter, China Beige Book survey finds
„While most high-profile lockdowns were relaxed in May, June data do not show the powerhouse bounce-back most expected,“ according to a report released Tuesday.
Dow rises Wednesday as Wall Street attempts to regain its footing
The S&P 500 rose Wednesday, after the major averages made a failed attempt at a bounce in the previous session.
Bed Bath & Beyond replaces CEO as retailer’s sales plummet
The home goods retailer has faced months of challenges, with supply chain woes and pressure from activist investor Ryan Cohen.
SPACs wipe out half of their value as investors lose appetite for risky growth stocks
The proprietary CNBC SPAC Post Deal Index, which is comprised of SPACs that have completed their mergers, has fallen nearly 50% this year.
New York Fed President John Williams says a U.S. recession is not his base case
New York Fed President John Williams said he expects the economy to avoid recession even as he sees significantly higher rates to control inflation.
ARK Invest’s Cathie Wood says the U.S. is already in a recession
Cathie Wood said the U.S. is already in an economic downturn, and she admitted that she underestimated the severity and lasting power of inflation.
Stocks making the biggest moves in the premarket: Nike, Spirit Airlines, Occidental Petroleum and more
The stocks making the biggest moves in premarket trading include Nike, Spirit Airlines, Occidental Petroleum, and more.
China cuts quarantine time for international travelers in big step toward easing Covid controls
Overseas travelers now only need to quarantine at a centralized facility for seven days upon arrival in mainland China, followed by three days at home.