Check out the companies making headlines before the bell. Gap — The clothing retail stock jumped 4.7% after JPMorgan upgraded shares to overweight. The firm cited a strong start to the holiday shopping season and a multi-year growth outlook. Stellantis – Shares sank 9% after CEO Carlos Tavares stepped...
Check out the companies making headlines in midday trading: Chip equipment stocks — Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and artificial intelligence memory chips to China that could be less strict than earlier proposals. Shares...
Check out the companies making headlines before the bell. MicroStrategy – Shares of the bitcoin development company jumped more than 5%, extending the roughly 10% gain seen in the previous session, after the price of the cryptocurrency continued to climb. The stock has seen massive gains this year, surging...
Check out the companies making headlines in midday trading: Nordstrom — The retail stock fell 10% after CEO Erik Nordstrom said the company has seen a slowdown in sales, starting in late October. Nordstrom's third-quarter revenue of $3.46 billion did come in above the $3.35 billion LSEG consensus. HP...
Check out the companies making headlines before the bell. Dell Technologies — Shares fell more than 12% after the PC maker said it sees fourth-quarter revenue and earnings below Wall Street expectations . However, the company gave bullish commentary on artificial intelligence sales growth. Workday — Shares fell about...
Check out the companies making headlines in after-hours trading. Ambarella – Shares of the semiconductor design company soared 20% on the back of a rosy outlook. Ambarella is calling for fourth-quarter revenue of $76 million to $80 million, while analysts polled by LSEG anticipated $69 million. Third-quarter adjusted earnings...
Check out the companies making headlines in midday trading. Kohl's – Shares tumbled 18% after the retailer cut its sales outlook amid an uncertain holiday backdrop . The latest quarter's earnings and sales fell short of Wall Street analysts' estimates, and the CEO will step down in January. Amgen...
Check out the companies making headlines before the bell. Abercrombie & Fitch — Shares slipped nearly 4% despite the apparel retailer's earnings beat and strong holiday guidance . Abercrombie & Fitch reported third-quarter earnings of $2.50 per share, topping the $2.39 per share LSEG consensus estimate. Revenue was $1.21...
Check out the companies making headlines after the bell : Zoom Communications — The maker of video calling software inched higher by nearly%. Zoom topped Wall Street quarterly estimates and posted fiscal fourth-quarter adjusted earnings per share guidance that was roughly in line with estimates. The company also said...
Check out the companies making headlines in midday trading: Bath & Body Works — The Ohio-based personal care company climbed more than 16%, on pace for its best day since November 2022. The retailer raised its forecast for full-year adjusted profit and said it expects a smaller drop in...