Check out the companies making the biggest moves midday. Coinbase Global — Shares surged nearly 16% after the cryptocurrency exchange reported its first profit in two years. Coinbase's fourth-quarter earnings came in at $1.04 per share, above the 1 cent loss expected from analysts polled by LSEG, formerly known...
Check out the companies making the biggest moves midday. Roblox — The video game stock soared 10% after the company posted a loss of 52 cents per share, less than the 55 cent per share loss expected from analysts polled by LSEG. Revenue, or bookings, also beat expectations, coming...
Check out the companies making the biggest moves in premarket trading: Meta — Shares soared 17% after the tech giant reported profits that tripled in the fourth quarter and issued its first-ever dividend payout. Earnings per share came in at $5.33, topping the $4.96 expected from analysts polled by...
Check out the companies making the biggest moves midday: Tesla – Tesla shares dropped more than 12%, a day after the EV maker reported weak auto revenue and warned of slower growth in 2024. Several firms cut their share price targets on Tesla and have turned more cautious on...
Check out the companies making the biggest moves midday. Apple — Shares of the iPad maker jumped nearly 3%, leading the rebound in the Nasdaq Composite. The rally came after Bank of America upgraded Apple to buy from neutral. The bank cited a stronger multiyear iPhone upgrade cycle as...
Check out the companies making the biggest moves in premarket trading: Apple — Apple shares lost 2% before the bell after Barclays downgraded the iPhone maker to underweight, citing weak iPhone 15 volumes, along with Macs, iPads, and wearables. In addition, Apple's widening P/E multiple doesn't look "sustainable," the...
Check out the companies making the biggest moves in premarket trading: Micron Technology — The chip stock jumped nearly 6% after the company beat earnings and revenue estimates postmarket Wednesday. Micron also gave strong guidance for its second quarter that also beat analyst expectations. Paramount Global — Shares shed...
Check out the companies making big moves in premarket trading: Hasbro — The toymaker tumbled 5.5% after it said it was laying off about 1,100 workers . Hasbro's soft sales are "likely to persist into 2024," CEO Chris Cocks said in a company memo obtained by CNBC. Oracle —...
Check out the companies making the biggest moves in premarket trading: Carrier Global — Shares popped nearly 6% following the announcement that Carrier agreed to sell its Global Access Solutions Business to Honeywell for $4.95 billion in cash. Honeywell 's stock slipped 2.4%. First Solar — The solar stock...
Check out the companies making the biggest moves midday: PDD Holdings — U.S.-listed shares of the international ecommerce company jumped more than 18% after PDD posted a big earnings and revenue beat . PDD, the parent of Pinduoduo and Temu, reported a whopping 94% year-over-year increase in revenue for...