Day three of the federal government shutdown came and went Friday, with no end in sight. The stock market saw more all-time highs before the rally ran out of steam. The S & P 500 on Friday eked out a fractional gain for its 29th record-high close since the market’s tariff lows in early April….
Check out the companies making headlines before the opening bell. Lithium Americas — Shares jumped 32% after the Department of Energy said Tuesday it plans to take a 5% equity stake in the lithium miner. AES — The renewable and thermal power producer climbed 11% after a Financial Times report that Blackrock-owned Global Infrastructure Partners…
Check out the companies making headlines before the opening bell: Starbucks — Shares of the coffee chain jumped almost 2% after CNBC reported that Starbucks China has drawn bids for a potential stake sale that value the subsidiary at up to $10 billion. While shortlisting could be done in two months, the deal itself likely…
Here are some of the companies making big moves in midday trading. Monster Beverage — The energy drink manufacturer dropped nearly 3% after Rothschild & Co. downgraded shares to neutral from buy. Analyst Charlie Higgs pointed to uncertainty around aluminum tariffs, noting that “this has yet to be reflected in consensus estimates, which look too…
