Check out the companies making headlines in midday trading. Intel — The semiconductor stock added 4.6% after Israel's government announced a $3.2 billion grant. The grant will be for Intel to build a $25 billion chip plant in southern Israel, which will mark the company's largest investment ever in...
Check out the companies making headlines before the bell. Intel — The semiconductor stock climbed 2.2% on news that Israel's government agreed to grant Intel $3.2 billion for a new $25 billion chip plant the company plans to build in southern Israel. That makes the investment the largest ever...
Check out the companies making headlines in midday trading. Nike , Foot Locker — Shares of Nike plummeted 10% after the athletic apparel company slashed its revenue outlook and announced it would cut about $2 billion in costs over the next three years. On Thursday, Nike posted fiscal second-quarter...
Check out the companies making headlines in premarket trading. Nike — Shares tumbled 12.1% after the athletic retailer slashed its sales guidance and announced plans to cut costs by around $2 billion over the next three years. Nike also posted its second straight quarter of worse-than-expected revenue, which hasn't...
Check out the companies making headlines in midday trading. Spotify — The streaming music stock gained 2.7% after Pivotal Research upgraded Spotify to buy from hold. The Pivotal note said the firm sees a "renewed focus on financial discipline" and it anticipates Spotify will center more on generating free...
Check out the companies making the biggest moves in premarket trading: Micron Technology — The chip stock jumped nearly 6% after the company beat earnings and revenue estimates postmarket Wednesday. Micron also gave strong guidance for its second quarter that also beat analyst expectations. Paramount Global — Shares shed...
Check out the companies making headlines in midday trading. Alphabet — Shares of the Google parent company climbed roughly 3% and reached a fresh 52-week high. A day earlier, The Information , citing a source familiar with the situation, reported that the company plans to reorganize a large part...
Check out the companies making headlines in premarket trading. FedEx — Shares of delivery company fell more than 10% after FedEx's fiscal second quarter missed estimates on the top and bottom lines. FedEx reported $3.99 in adjusted earnings per share on $22.17 billion of revenue. Analysts surveyed by LSEG...
Check out the companies making headlines in midday trading. Chewy — Shares popped 7.8% after Jefferies initiated coverage of the pet e-commerce company with a buy rating and $27 price target, which suggests about 25% upside from Monday's close. Jefferies said Chewy should benefit from increasing pet e-commerce penetration...
Check out the companies making headlines before the bell. Sunnova — Shares of the residential and commercial solar company jumped 5.1% after Piper Sandler upgraded the solar name to overweight from neutral, saying Sunnova could benefit from the Federal Reserve's "pivot" towards rate cuts. The renewable energy sector is...