Check out the companies making headlines in midday trading: Lamb Weston — The potato and french fry company tanked 27% after issuing a disappointing report for the fiscal fourth quarter. Lamb Weston generated adjusted earnings of 78 cents per share on $1.61 billion of revenue. Wall Street analysts were looking for $1.26 per share in […]
Hinterhaus Productions | Stone | Getty Images Many workers will see their annual raise shrink next year as the job market continues to cool from its torrid pace in the pandemic era. The typical worker will get a 4.1% pay raise for 2025, down from 4.5% this year, according to a new poll by WTW, […]
Check out the companies making headlines in premarket trading. Alphabet — Shares of the Google parent-company slipped nearly 4% before the opening bell. Advertising revenue in Alphabet’s YouTube segment undershot expectations in the second-quarter and overshadowed results that beat analyst estimates on the top and bottom line. Tesla — Stock in the electric vehicle company […]
A worker produces chips at a semiconductor manufacturing enterprise in Binzhou, China, on June 4, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Four of the world’s largest semiconductor equipment manufacturers, including ASML, have seen the share of their China revenue more than double since late 2022, Bank of America analysts said in a […]
A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in extended trading: Alphabet — The tech giant slipped 1% despite a beat on both top […]
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin performance and the company’s focus on […]
Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily topped second-quarter estimates. GM also said […]
Real estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative target for cybercriminals. Source link
These are the stocks posting the largest moves in extended trading. Source link
Check out the companies making headlines in midday trading: Ryanair — Shares fell 16% after the budget airline reported weaker-than-expected fiscal first-quarter earnings . The company said its quarterly profit after tax had fallen 46% and that it expects fares to be lower than expected in the summer months. CrowdStrike — The cybersecurity stock plunged […]
