Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago, as the bank warned that net interest income for 2024 could come in significantly lower year over year.Here's what the bank reported versus what Wall Street was expecting based on a survey of analysts by...
These are the stocks posting the largest moves in premarket trading.
Check out the companies making headlines in midday trading. Peloton — Shares of the fitness company soared nearly 17%, after adding 14% in the prior session, on news of its partnership with TikTok. Peloton will create a new fitness hub on the social media platform in an effort to...
Check out the companies making headlines in midday trading. Xerox – Xerox shares sank more than 9% after the digital printing company announced plans to cut 15% of its workforce in the first quarter as part of a broader restructuring effort. SoFi Technologies — The financial technology stock tumbled...
Check out the companies making headlines before the bell. U.S. Steel — U.S. Steel shares popped more than 28% after Japan's Nippon Steel said it would buy the company at $55 per share, a deal that values the American steel company at $14.9 billion, including debt. Affirm — Shares...
Check out the companies making headlines before the bell. Costco Wholesale — Costco shares added 2.7% after the wholesale retailer posted quarterly numbers that beat analyst expectations. The company also announced a special dividend of $15 per share. Lennar —The homebuilder slipped 2.4% despite posting fourth-quarter results that topped...
Check out the companies making headlines in midday trading. Etsy — Etsy's stock sank 5% after the e-commerce company said it's laying off 11% of its workforce , or about 225 employees, as it deals with a difficult macro and competitive environment. The e-commerce marketplace also updated its fourth-quarter...
Check out the companies making headlines in midday trading. Advanced Micro Devices — The chipmaker's stock popped 7%, a day after the company unveiled its new artificial intelligence chips poised to challenge Nvidia's dominance. Nvidia shares added about 1%. Meta Platforms and Microsoft have already said they would buy...
Check out the companies making headlines before the bell. GitLab — GitLab shares popped more than 14% after the maker of developer tool software posted stronger-than-expected fiscal first-quarter results and shared upbeat guidance. The company posted its first adjusted operating profit and said revenue grew 32% year over year....
Check out the companies making headlines in midday trading. Tesla — Tesla shares slipped less than 1% as Wall Street assessed the company's long-anticipated Cybertruck following a delivery launch event Thursday in Texas. Disney — Disney shares were virtually flat after the entertainment giant reinstated its dividend at 30...