Nvidia is still considered cheap and can rise after its earnings report, according to Dan Niles. The semiconductor stock turned artificial intelligence darling has run up big, said the Niles Investment Management founder. But he also pointed out that Nvidia is still about 15% below the five-year price-to-earnings average,...
Check out the companies making headlines in midday trading. Hims & Hers Health — Shares surged more than 30% after the telehealth company introduced access to compounded GLP-1 injections, expanding on the weight loss program it launched in December. Wix.com — The web development company jumped more than 25%...
Check out the companies making headlines before the bell. Apple — Apple shares slipped less than 1% after Reuters reported the technology giant is implementing aggressive discounts on its iPhones in China. Micron Technology — Shares moved 2.3% higher after Morgan Stanley upgraded the semiconductor company to equal weight...
Check out the companies making headlines in midday trading: GameStop — Shares tumbled 19.7% after the video game retailer said it plans to sell up to 45 million class A common shares in an at-the-market offering. The sale comes after GameStop shares surged earlier this week in a brief...
Check out the companies making headlines before the bell: GameStop — Shares dropped more than 20% after the video game retailer said it plans to sell 45 million common shares of its stock. It also posted preliminary results that showed a sales decline in the first quarter. Reddit —...
Check out the companies making headlines in midday trading. Meta — Shares pulled back 1.3% after the European Union opened a probe into the company regarding child safety concerns on social media platforms Facebook and Instagram. Deere – Deere shares slipped about 3% after the maker of agricultural equipment...
Walmart shopping bag is seen in Krakow, Poland on February 9, 2024.Jakub Porzycki | Nurphoto | Getty ImagesCheck out the companies making headlines in premarket trading.Under Armour — The sportswear maker's Class A shares slumped 11% and its Class C stock fell 9% after it issued lower-than-expected full-year earnings...
Check out the companies making headlines in extended trading. Chubb — The property and casualty insurer gained nearly 6% after Berkshire Hathaway revealed it has bought nearly 26 million shares of Zurich-based company for a stake worth $6.7 billion. Chubb became Berkshire's ninth biggest holding at the end of...
A renaissance in Western styles can boost stocks that specialize in denim, according to TD Cowen. Analyst Oliver Chen hailed the jean-fabric category as a strong performer that should be able to keep up momentum through at least the end of 2024. While positive on stocks across the space,...
Check out the companies making headlines in midday trading: GameStop , AMC Entertainment — The so-called meme stocks retreated significantly after a two-day rally . GameStop declined about 30%, while AMC dropped 20% as the trading frenzy seemed to fade. The sell-off in AMC shares also came after the...