Check out the companies making headlines before the bell: American Eagle Outfitters — Shares popped 4% following an upgrade by JPMorgan to overweight from neutral. The firm cited the retailer's merchandising initiatives and operational changes for the call. Freeport-McMoRan — Shares jumped 1.9% after Bank of America upgraded the...
Check out the companies making headlines in midday trading. GE Vernova — Shares of energy company GE Vernova, which spun off from General Electric last week, gained 5.4% following an upgrade to overweight from neutral from JPMorgan. The firm said investors should buy the dip in GE Vernova, and...
Check out the companies making headlines in premarket trading. Tesla — Shares of the electric vehicle firm gained 3%, extending an after-hours pop from Friday after CEO Elon Musk said the company will unveil its long awaited robotaxi design on Aug. 8. Ulta — The cosmetic stock ticked up...
Check out the companies making headlines in midday trading. Altice USA — The cable television firm tumbled more than 12% after Wells Fargo downgraded the stock to underweight from equal weight. The bank is now skeptical on Altice's merger and acquisition prospects, analyst Steven Cahall wrote. Tesla — The...
Check out the companies making headlines before the bell. Shockwave Medical — The medical device stock rose 1.6% after Johnson & Johnson announced it would buy the company for $12.5 billion. The transaction would boost J & J's portfolio of cardiovascular disease treatment devices. Krispy Kreme — Shares of...
Check out the companies making headlines in midday trading. Hertz Global — The car rental company shed about 4% after it was downgraded to sell from neutral at Goldman Sachs. Investors have yet to fully price in some near-term pressures, the bank wrote. Block — The financial services stock...
Check out the companies making headlines before the bell. Hertz Global — The car rental stock slid nearly 5% following a downgrade to sell from neutral at Goldman Sachs. Analyst Lizzie Dove believes that investors have yet to fully price in some near-term pressures. Block — Shares of the...
Check out the companies making headlines in midday trading. Intel – The tech giant sank 7% after the revealing a $7 billion operating loss within its semiconductor manufacturing — or foundry – business in 2023. Spotify Technology – The music-streaming company popped more than 5%. Bloomberg reported that Spotify...
Check out the companies making headlines in premarket trading. Intel — Shares fell more than 4% after the company disclosed a growing operating loss in its semiconductor manufacturing business. Intel reported an operating loss of $7 billion in 2023 for the arm of the company, compared to $5.2 billion...
Check out the companies making headlines in midday trading. Tesla — Tesla shares sank more than 6% after the electric vehicle maker reported an 8.5% year-over-year decline in deliveries in the first quarter. GE Vernova — Shares jumped more than 3% after GE Vernova started trading on the New...