Check out the companies making headlines after the bell : Oracle — The tech old guard jumped 23% after reporting that multicloud database revenue from Amazon, Google and Microsoft grew at the rate of 1,529% in its last quarter. Shares surged despite the company also reporting fiscal first-quarter earnings and revenue that came in below…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update : Stocks are slightly higher on Tuesday in what’s generally been an up-and-down session. The big banks are having a strong day thanks to…
He helped clinch the top two spots on Morningstar‘s best performing ETFs last quarter, and now Ark Invest’s Brett Winton is looking to do it again with extensive exposure to Big Tech and aerospace. Winton helps set strategy for the No. 1 ranked Ark Innovation ETF (ARKK) and runner-up Ark Space Exploration & Innovation ETF…
Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year,…
Check out the companies making headlines before the bell: Levi Strauss — The denim apparel stock rose 7% after second-quarter results topped expectations. Levi Strauss reported 22 cents in adjusted earnings per share on $1.45 billion of revenue. Analysts surveyed by LSEG were looking for 13 cents per share and $1.37 billion. The company also…
Check out the companies making the biggest moves midday: Diabetes tech stocks — The Centers for Medicare & Medicaid Services is proposing a rule change that could change the reimbursement rates for continuous glucose monitors and insulin pumps. The news sent shares of diabetes tech stocks lower. Tandem Diabetes Care and Beta Bionics tumbled 4%…
Check out the companies making headlines before the bell. Tesla — The electric vehicle maker shed 6% after President Donald Trump suggested that the U.S. Department of Government Efficiency look at subsidies for Tesla CEO Elon Musk ‘s companies for potential cost-cutting measures. Trump’s comments came after Musk again criticized the president’s tax-and-spending bill ….
These are the stocks posting the largest moves in midday trading. [title_words_as_hashtags
Check out the companies making headlines before the bell. Nike — Shares of the sneaker giant jumped 10% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, and…
Check out the companies making the biggest moves midday: Micron Technology — The chipmaker slipped nearly 2% even after its fiscal third-quarter financial results topped expectations . Micron’s adjusted earnings were $1.91 per share, versus the $1.60 expected from analysts polled by LSEG. Revenue was $9.3 billion, above the $8.87 billion consensus estimate. Core Scientific…
