The Adyen logo displayed on a smartphone.Rafael Henrique | SOPA Images | LightRocket via Getty ImagesShares of Adyen, the European payments giant taking on U.S. titan Stripe, fell nearly 39% on Thursday after the company reported worse-than-expected sales and a profit drop in the first half of the year.Here's...
The Walmart logo is seen near its store in Williston, Vermont, June 19, 2023.Jakub Porzycki | Nurphoto | Getty ImagesCheck out the companies making the biggest moves in premarket trading.Walmart — Shares added as much as 1% after the big-box retailer raised its full-year forecast and reported an earnings...
A runner jogs past the Cisco Systems headquarters in San Jose, California, Feb. 8, 2021.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in extended trading.Cisco Systems — Shares of the computer networking giant gained about 2.5% after posting fiscal fourth-quarter earnings that beat Wall...
Shoppers at a TJ Maxx store in New York.Scott Mlyn | CNBCCash-strapped consumers may be pulling back on discretionary purchases at Target, but they're spending big on name brands and home goods at off-price TJX Cos. The discounter raised its full-year outlook on Wednesday after posting a 7.7% year-over-year sales...
Target on Wednesday missed quarterly sales expectations and slashed its full-year forecast, as it again had trouble convincing shoppers to buy more than necessities.The big-box retailer cut both its full-year sales and profit expectations. Target offered a gloomier outlook even as some top economists have scrapped calls for a...
Check out the companies making headlines in midday trading.Target — Target shares added 2.9% even after the retailer cut its full-year earnings forecast and second-quarter sales fell short of expectations. The company reported earnings of $1.80 per share on revenue of $24.77 billion. Wall Street analysts surveyed by Refinitiv...
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming.Bobby Yip | ReutersTencent on Wednesday reported a weaker-than-expected surge in profit for the second quarter, as cost-cutting measures began to pay off and sales rose across...
Hong Kong Exchanges and Clearing reported a 31% jump in net profit for the first six months of the year, compared to a year ago — and its CEO has expressed optimism about the medium-term outlook.The strong numbers are attributed to the HKEX's "diversification away from just the cash...
A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023 in New York City.Spencer Platt | Getty ImagesCava on Tuesday posted a profitable quarter for its first earnings report since its initial...
These are the stocks posting the largest moves in postmarket trading.