[ad_1] Check out the companies making the biggest moves in premarket trading: Boeing — The aerospace stock added 1.5% following an upgrade to buy from hold by Deutsche Bank. The bank noted Boeing’s acceleration of aircraft deliveries and said it believes this improved performance can be sustained. Microsoft — Shares added 0.5% after Microsoft announced … Read more
[ad_1] Check out the companies making headlines in midday trading. Zoom Video Communications — The software stock added 2.9% ahead of its third-quarter earnings due after market close. Analysts polled by FactSet expect $1.08 per share in earnings and revenue of $1.12 billion for the quarterly period, compared to the company’s guidance of between $1.07 … Read more
[ad_1] Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds’ Matthew Bartolini, active management can also provide them with stability and income while creating more opportunities for upside. “Active fixed income has been really a consistent engine of support within the active [ETF] construct — not only … Read more
[ad_1] Apartment blocks under construction in the Nanchuan area of Xining, Qinghai province, China. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s property market, which makes up a substantial chunk of the country’s economy, needs more government support to prevent it from deteriorating further, analysts said. Existing home prices fell in October by … Read more
[ad_1] Check out the companies making headlines in premarket trading. Lowe’s — The home-improvement retailer dropped 3.9% after cutting its sales outlook for the full year. Lowe’s also missed analyst expectations for revenue in the third quarter, as sales slid 13% year over year. Dick’s Sporting Goods — The athletic goods retailer saw its shares … Read more
[ad_1] Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — Chinese tech giant Baidu reported Tuesday third-quarter revenue that beat expectations, although growth was slower than during the previous three months. The company’s U.S.-listed shares were up around … Read more
[ad_1] Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told CNBC exclusively. Dammeir was previously Adyen’s global head of unified commerce, a role he led out of the Dutch payment company’s San Francisco office. Dammeir … Read more
[ad_1] Check out the companies making headlines in midday trading. Nvidia — Nvidia shares fell 1.9%. Reuters , citing sources, reported that Nvidia notified its China clients that it will delay until next year a new artificial intelligence chip designed to comply with U.S. export restrictions. Fisker — Shares of the electric vehicle startup jumped … Read more
[ad_1] Check out the companies making headlines before the bell: iRobot — The stock surged 30% after a Reuters report , citing sources familiar with the matter, said Amazon is about to win regulatory approval in the European Union to move forward with its $1.4 billion acquisition of the robot vacuum maker. Nvidia — Nvidia … Read more
[ad_1] Check out the companies making the biggest moves midday: Amazon — The e-commerce behemoth slipped 1.53% after CNBC’s David Faber reported founder and Executive chair Jeff Bezos is expected to be “aggressive” in selling more shares of Amazon. The total sale could amount to more than $1 billion, sources told Faber. Burlington Stores — … Read more
