Check out the companies making headlines in after-hours trading. Robinhood — The retail brokerage added 4.5% after the company announced a $1 billion share repurchase program. Robinhood management expects to execute the program over a two- to three-year period starting in the third quarter of 2024, a press release...
Check out the companies making headlines in midday trading. Ross Stores — The discount retailer popped nearly 10% on strong first-quarter results. Ross Stores posted earnings of $1.46 per share on $4.86 billion in revenue. That topped the EPS of $1.35 and $4.83 billion in revenue expected by analysts...
Check out the companies making headlines before the bell. Target — Target's shares tumbled more than 7% after first-quarter earnings missed estimates, driven by a year-over-year sales decline of about 3% as consumers bought fewer discretionary items. Analog Devices — The semiconductor manufacturing company jumped 6.2% after exceeding quarterly...
Check out the companies making headlines before the bell. AMC Entertainment , GameStop — AMC and GameStop shares posted fell in early morning trading as momentum fizzled from the meme stock craze , which was reignited Monday by a social media reappearance from "Roaring Kitty." AMC shares were down...
Check out the companies making headlines in midday trading: Walgreens Boots Alliance — The stock advanced 5.4% on news that Walgreens is looking for potential buyers for its $8.8 billion Boots drugstore chain in the U.K., Bloomberg reported Monday. Xponential Fitness — Xponential Fitness shares were last up nearly...
Warren Buffett isn't jumping on the artificial intelligence bandwagon just yet, warning about the technology's potential for harm."When you think about the potential for scamming people ... if I was interested in investing in scamming, it's gonna be the growth industry of all time and it's enabled, in a...
Check out the companies making headlines in midday trading: New York Community Bank — Shares of the beaten-down regional bank popped more than 31% after CEO Joseph Otting said in a release , "we have a clear path to profitability over the following two years." The bank on Wednesday...
Nearly a dozen analysts have either slashed their price targets or downgraded Starbucks after its disappointing quarterly report, viewing existing headwinds as a longer-term issue for the coffee chain. Starbucks' fiscal second-quarter earnings and revenue fell short of analyst estimates, driven by a surprise decline in same-store sales. After...
Check out the companies making headlines before the bell. McDonald's — Shares dipped nearly 2% in premarket trading after the Chicago-based fast food chain missed analysts' quarterly earnings estimates as same-store sales fell short of expectations. Worldwide sales rose by 1.9% in the quarter, lower than the 2.1% growth...
Check out the companies making headlines in midday trading. SoFi Technologies — The consumer fintech company's stock price plunged about 10% on disappointing second-quarter earnings guidance. SoFi forecast adjusted revenue between $555 million and $565 million and net income of $5 million to $10 million, while analysts polled by FactSet...