Kohl’s sales for the holiday quarter came in well below Wall Street’s expectations.
Schlagwort-Archiv: Markets
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.
Stocks making the biggest moves after the bell: Novavax, First Solar, Rivian and more
These are the stocks posting the largest moves in after-hour trading.
Stocks making the biggest moves midday: Norwegian Cruise Line, Target, Advance Auto Parts and more
Hims & Hers soared on a smaller-than-expected loss for the quarter. Target rose after the company posted earnings.
Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls
The results follow slower-than-expected production, unexpected pricing pressure and plans to lay off 6% of its workforce in a bid to conserve cash.
Virgin Galactic completes lengthy upgrade process ahead of resuming spaceflights
Virgin Galactic reported fourth-quarter results on Tuesday, with the company saying it remains on track to resume spaceflights in the coming months.
Rocket Lab quarterly revenue stays steady as space company doubles order backlog
Rocket Lab said Tuesday it has doubled its order backlog — from about $241 million in contracts at the end of 2021 to $503.6 million at the end of 2022.
Norwegian Cruise Line shares fall 10% as soft outlook, wider losses eclipse strong demand
Norwegian Cruise Line’s stock fell as high costs and debt weigh on the company even as travel demand has stayed strong.