Stock Market

A pump jack operates at a well site leased by Devon Energy Production Co. near Guthrie, Oklahoma. Nick Oxford | Reuters Take a look at some of the biggest movers in the premarket. Devon Energy, Occidental Petroleum — Energy stocks were set to gain as oil prices rose. Devon Energy advanced 3% in premarket trading,

A trader works during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters Take a look at some of the biggest movers in the premarket. Didi — Shares of Didi sunk about 20% in premarket

Kyle Roberts fills up his gas tank at the Marathon gas station in Tampa, Florida, May 12, 2021. Octavio Jones | Reuters July fourth gasoline prices are expected to be the highest they’ve been for the holiday weekend in seven years, and they are forecast to rise even higher later in the summer. The national

Rendering of the Krispy Kreme Times Square flagship. Krispy Kreme Check out the companies making headlines in midday trading. Virgin Galactic — The space tourism company’s stock is up 3% after announcing founder Sir Richard Branson will be aboard its next spaceflight test. The stock jumped as much as 25% shortly after the open before

Traders on the floor of the New York Stock Exchange. Source: NYSE The quiet holiday week ahead could hold some fireworks for investors if the Fed reveals its thinking on its bond buying program. The four-day trading week could see stocks drift along with indexes at record levels, after stocks gained in the past week.

Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares soared 28.2% in the premarket after it announced that founder Richard Branson plans to be aboard a planned July 11 space flight. The flight would be 9 days before a scheduled Blue Origin flight would take

Take a look at some of the biggest movers in the premarket: Walgreens (WBA) – Walgreens shares rallied 2.8% in the premarket after the drug store operator reported quarterly profit of $1.51 per share, beating the consensus estimate of $1.17 a share. Revenue topped forecasts as well, helped by a rebound in prescription volumes. The

Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – The space transportation company’s stock dropped 3% in premarket trading, after Bank of America Securities double-downgraded the stock to “underperform” from “buy.” BofA notes the recent spike in the stock after the company received approval to carry passengers into

Take a look at some of the biggest movers in the premarket: Big banks – Goldman Sachs (GS), Bank of America (BAC), Morgan Stanley (MS), JPMorgan Chase (JPM) and Wells Fargo (WFC) all announced dividend increases after passing the Fed’s latest stress tests. Morgan Stanley and Wells Fargo both doubled their dividends, while Citigroup (C)

Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing is not likely to receive certification for its 777X long-range aircraft until mid-to-late 2023 at the earliest. That’s according to a letter from a Federal Aviation Administration official to Boeing that was obtained by CNBC, saying there were numerous

Virgin Galactic SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Virgin Galactic — Virgin shares soared more than 36% after it announced the Federal Aviation Administration has given it the green light to fly paying customers into space. It’s the first such license approved by the FAA. The company has

Traders on the floor of the New York Stock Exchange. Source: NYSE The monthly jobs report is the highlight in the coming week, as June winds down and markets start the second half of the year. Economists are expecting about 700,000 jobs, better than the 559,000 in May but below the forecasts of several months

Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly earnings of 93 cents per share, well above the 51 cents a share consensus estimate. Revenue beat forecasts by a wide margin and exceeded $12 billion for the first time. Nike benefited from pent-up demand for its

Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drugmaker’s shares surged 8.7% in the premarket after Lilly’s Alzheimer’s treatment received “breakthrough therapy” designation from the Food and Drug Administration. The designation means the treatment may show substantial improvement over existing therapies and qualifying it for expedited

Take a look at some of the biggest movers in the premarket: GlaxoSmithKline (GSK) – The drugmaker’s stock rose 3.5% in the premarket after it detailed plans to spin out its consumer health-care business into a separate company. Glaxo will eventually receive an $11 billion payment from the new company. MicroStrategy (MSTR) – MicroStrategy rallied

Take a look at some of the biggest movers in the premarket: GameStop (GME) – The videogame retailer’s stock jumped 6.8% in the premarket after it had announced it had completed a previously announced sale of 5 million common shares, raising $1.126 billion. MicroVision (MVIS) – MicroVision shares slid 10.8% in the premarket after the

Take a look at some of the biggest movers in the premarket: MicroStrategy (MSTR) – MicroStrategy shares tumbled 8.7% in premarket trading amid a slide in bitcoin prices following the expansion of China’s crackdown on bitcoin mining. The business analytics company is among the biggest corporate investors in bitcoin, with several billion dollars in holdings

Traders on the floor of the New York Stock Exchange. Source: NYSE The Federal Reserve’s signal that it is looking to step away from some of its easy policy is expected to continue to be a dominant trading theme in the week ahead and likely for the rest of the summer. In the past week,

In this article JPM LEN TK NVDA C FOXA A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images Check out the companies making headlines in midday trading. Nvidia — Shares of Nvidia gained 2.3% after Bank of America raised its price target on

Take a look at some of the biggest movers in the premarket: Adobe (ADBE) – Adobe reported quarterly profit of $3.03 per share, 21 cents a share above estimates. The software company’s revenue also topped Wall Street forecasts and Adobe gave stronger-than-expected current-quarter guidance. Its shares rose 3.1% in premarket trading. Smith & Wesson (SWBI)

Take a look at some of the biggest movers in the premarket: CureVac (CVAC) – CureVac shares plunged 46.2% in the premarket after the German drugmaker reported disappointing results from a study of its experimental Covid-19 vaccine. The treatment was 47% effective in a clinical trial, compared to more than 90% for other mRNA-based vaccines

Take a look at some of the biggest movers in the premarket: Oracle (ORCL) – Oracle earned $1.54 per share for its latest quarter, beating the consensus estimate of $1.31 a share. The business software company’s revenue topped estimates as well. The company forecast current-quarter profit below consensus, however, as it increases investment in its

In this article PLAY ZM SNOW VRTX Signage is seen ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Snowflake – Shares of the cloud computing company dropped nearly 4%. The firm presented its financial targets

Take a look at some of the biggest movers in the premarket: Snowflake (SNOW) – Snowflake shares fell 3.7% in premarket trading, following the cloud computing company’s presentation of financial targets at its Investor Day meeting. Snowflake set a target of reaching $10 billion in annual product revenue by 2029, compared to $554 million in

Check out the companies making headlines before the bell: Novavax (NVAX) – The drugmaker said its Covid-19 vaccine proved 90% effective overall in a late-stage trial, and 93% effective against the most predominant variants of the virus. It also provided 100% protection against moderate and severe disease. Novavax shares surged 10.4% in premarket trading. Lordstown

U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020. Kevin Lamarque | Reuters Stocks could trade sideways as investors await the outcome

Take a look at some of the biggest movers in the premarket: Vroom (VRM) – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares

U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020. Kevin Lamarque | Reuters The Federal Reserve is not expected to take any

In this article .BBKA Cartons of Oatly brand oat milk are arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Lordstown Motors — The electric truck maker’s stock fell more than 15%

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Lululemon Athletica Inc., Finisar Corp., and Target Corp. Lululemon Athletica LULU, +0.13%  is projected to report first-quarter earnings of 32 cents a share, according to a consensus survey by FactSet. “We believe, given the stock’s performance