These are the stocks posting the largest moves in extended trading.
Schlagwort-Archiv: Markets
Uber shares drop after revenue miss, despite first operating profit
Shares of Uber rose 4% in premarket trading Tuesday after the company reported second-quarter results that missed analysts‘ expectations for revenue but offered rosy guidance.
JetBlue cuts forecast on shift to international travel, end of American Airlines partnership
JetBlue Airways slashed its 2023 outlook and warned of a potential loss in the current quarter.
Pfizer beats on earnings, but revenue misses as Covid product sales plummet
Pfizer is in a transition period as it pivots away from its blockbuster Covid vaccine and drug Paxlovid while the world emerges from the pandemic.
Merck beats on revenue boosted by Keytruda sales, but posts quarterly loss due to Prometheus deal
Shares of Merck are down roughly 4% this year, with a market value of roughly $270 billion, making it the third largest pharmaceutical company based in the U.S.
Oil major BP posts 70% drop in second-quarter profit, raises dividend by 10%
Oil majors have failed to match the bumper profits posted during the same period of last year amid weaker commodity prices.
Francisco Partners & TPG to take New Relic private in $6 billion deal
The consortium offered $87 per share in an all-cash deal to take New Relic private on Monday.
Stocks making the biggest moves premarket: Hasbro, Adobe, GoodRx, SBA Communications and more
These are the stocks posting the largest moves in early trading.
Robinhood rival eToro agrees $120 million share sale at discounted valuation
Stock trading platform eToro agreed to a $120 million secondary share sale giving it a slightly lower valuation than the $3.5 billion it was last valued at.
A.I. is on a collision course with white-collar, high-paid jobs — and with unknown impact
Technology has disrupted many workplaces. Artificial intelligence like ChatGPT may have an outsized impact on higher-paid office jobs, experts said.