Check out the companies making headlines before the bell. Occidental Petroleum — Shares dipped 1.1% after Occidental Petroleum agreed to buy privately held energy producer CrownRock for $12 billion and also announced that it's raising its quarterly dividend to 22 cents a share from 18 cents a share. Pinterest...
These are the stocks posting the largest moves in extended trading.
Check out the companies making headlines in midday trading. Lululemon — Shares declined 2% after Wells Fargo downgraded the athleisure company to equal weight from overweight. The firm said Lululemon's prior positive catalysts have already played out, and it forecasts more muted growth in 2024. Coinbase , MicroStrategy ,...
JOHANNES EISELE | AFP | Getty ImagesSeveral investors mourned the passing of famed investor Charlie Munger, vice chairman of Warren Buffett's Berkshire Hathaway, on Tuesday. Known for his quick wit and his role in the firm's success, Munger's legacy reverberated throughout the investing world."Berkshire Hathaway could not have been built...
Check out the companies making headlines in midday trading. Nvidia — Nvidia shares fell 1.7%. 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...
Check out the companies making headlines in midday trading. Zoom Video Communications — The software stock added nearly 2% 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...
Check out the companies making headlines before the bell. Fisker — The electric vehicle startup company plummeted more than 18% after missing on third-quarter earnings forecasts and reporting light vehicle deliveries. The company noted that the pace of vehicle deliveries accelerated near the end of the quarter, however. Kraft...
Check out the companies making headlines before the bell. Wynn Resorts — The casino juggernaut slipped more than 5% after reporting a beat on the top and bottom line in the third-quarter. Wynn notched an adjusted 99 cents per share on $1.67 billion in revenue, while analysts polled by...
Check out the companies making headlines before the bell. Virgin Galactic — Shares rose nearly 9% after the space tourism company beat third-quarter expectations . Virgin Galactic posted a loss of 28 cents per share, versus the 43 cents per share loss expected by analysts polled by LSEG. Revenue...
Check out the companies making headlines before the bell. Rivian Automotive — The EV maker popped 8.8% in early Wednesday trading after increasing its production forecast for the full year by 2,000 units, to 54,000, and posted a smaller-than-expected loss in the latest quarter. Lyft — Shares gained 2.9%...