Stocks making the biggest moves premarket: Nike, Core Scientific, Pony.ai and more

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…

Stocks making the biggest moves midday: Micron, Penn Entertainment, Equinix, Core Scientific and more

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…

Bitcoin becoming ‘more central’ to portfolios as its volatility cools, Coatue’s Philippe Laffont says

Philippe Laffont, founder and chief investment officer of Coatue Management LLC. Chris Goddney | Bloomberg | Getty Images While investors may have been put off by bitcoin’s volatility in its early years, a few factors are emerging that will make the flagship crypto a key part of a portfolio, according to Coatue Management’s Philippe Laffont….