The stocks making the biggest moves in premarket trading include Macy’s, L Brands, Sonos, Jack In The Box, and more.
Schlagwort-Archiv: CNBC
UK watchdog warns fintech start-up hyped by Instagram influencers may be a scam
The U.K.’s Financial Conduct Authority said Wednesday that fintech firm Lanistar has been providing financial services without its authorization.
Chinese streaming and mobile gaming company releases rap video with quarterly results
One of the most popular video and gaming apps among China’s youth, Bilibili, released a rap music video alongside its quarterly earnings report on Thursday.
Market ‘tug-of-war’ with Covid-19 may limit downside, $7.2B money manager says
RiverFront Investment’s Kevin Nicholson believes the S&P 500 will trade in a tight trading range through December.
Xi says China won’t seek to ‚decouple,‘ pledges to cut tariffs
Chinese President Xi Jinping signaled Thursday the world’s second largest economy will continue to work with other countries, including the U.S.
Nvidia beats on both earnings and revenue, sales up 57%
Analysts had been expecting a big quarter from the Santa Clara chipmaker driven by sales of its graphics processing unit chips.
Macy’s shares fall as same-store sales drop more than 20%
Macy’s reported a same-store sales decline of more than 20%, as consumers cut back their spending on clothes and accessories at department stores.
Sonos soars after strong fiscal-year revenue forecast
In the fiscal fourth quarter, which ended on October 3, Sonos‘ revenue grew 16%, although the quarter was 14 weeks long.
Relativity Space raising $500 million at $2 billion valuation from Tiger and others, sources say
Rocket builder Relativity Space is raising $500 million of fresh capital in a new round being led by Tiger Global Management, people familiar with the financing told CNBC.
Walgreens drops 9% to lead drug store stocks lower after Amazon launches pharmacy business
CVS, Rite Aid and other pharmacy stocks were under pressure on Tuesday morning after Amazon’s newest venture was announced.