Stocks making the biggest moves after hours: Toll Brothers, Microchip Technology and more
See which stocks are posting big moves after the bell.
20Aug
20Aug
Beyoncé launches whiskey line with LVMH’s Moët Hennessy
Moët Hennessy SirDavis American Whisky.Courtesy: Moët HennessyBeyoncé is holding her whiskey up high.The megastar is entering the luxury liquor business with the launch of a new whiskey line in collaboration with LVMH's Moët Hennessy, the brand announced in a press release Tuesday.Beyoncé shared the news holding up a glass...
20Aug
Mynaric MYNA stock tanks after slashing revenue guidance, CFO exit
A rendering of the company's laser communications system on satellites in orbit.MynaricSpace stock Mynaric tanked in trading Tuesday after the company announced heavy cuts to its previous revenue forecast and the departure of the company's chief financial officer.Germany-based Mynaric slashed its 2024 revenue guidance nearly 70% at the midpoint,...
20Aug
Palo Alto Networks extends recent stock rally on solid quarterly earnings
Wall Street's enthusiastic reaction Tuesday to solid earnings from Palo Alto Networks reinforced our belief that the cybersecurity stock is getting overextended. Shares advanced more than 8% to roughly $372 each in afternoon trading after Palo Alto late Monday posted better-than-expected fiscal 2024 fourth-quarter earnings and revenue, and delivered...
20Aug
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20Aug
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20Aug
Shein sues Temu over copyright infringement, trade secret theft
Shein and Temu.Yuki Iwamura | Bloomberg | Stefani Reynolds | AFP | Getty ImagesChinese-linked fast fashion giant Shein is suing rival Temu, alleging the retailer stole its designs and built an empire using counterfeiting, intellectual property infringement and fraud. The suit, filed Monday in Washington D.C. federal court, comes as...
20Aug
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20Aug
Harley-Davidson drops diversity efforts after online pressure
Harley-Davidson is dropping some of its diversity, equity and inclusion efforts, according to a statement released Monday on social media site X.The motorcycle company said it has stopped consulting the Human Rights Campaign's metric for treatment of LGBTQ+ employees, and that its sponsorship decisions will now be determined by...
20Aug
Stocks making the biggest moves midday: PANW, BA, LOW, BAC
Check out the companies making headlines in midday trading: Bank of America — The bank stock slid 2% after a regulatory filing revealed Warren Buffett's Berkshire Hathaway is not done downsizing its stake. The conglomerate sold 13.9 million more shares of the bank for $550.7 million over the past...