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Stocks making the biggest moves premarket: Taiwan Semiconductor, Insulet, Paramount Global and more
These are the stocks posting the largest moves in premarket trading. Source link
January 11, 2025
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China’s Ningbo port reports explosion on container ship, state news agency says
An aerial photo is showing containers at Beilun Port in Ningbo, Zhejiang province, China, on April 11, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — One of China’s highest-traffic ports, Ningbo-Zhoushan, reported an explosion on board a container ship on Friday afternoon, according to state news agency Xinhua. No casualties or injuries were announced […]
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Stocks making the biggest moves after hours: PARA, EXPE, ELF
Check out the companies making headlines in after-hours trading. Paramount Global — The media company jumped 5.7% after posting a massive earnings beat for the second quarter, reporting earnings of 54 cents per share while analysts polled by LSEG called for 12 cents per share. Paramount’s revenue of $6.81 billion for the period fell short […]
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Stocks making the biggest moves midday: LLY, UAA, WBD
Eli Lilly — The drug maker’s stock surged 8% after the firm reported second-quarter earnings and revenue that blew past expectations. Eli Lilly also hiked its full-year revenue outlook by $3 billion as sales of its blockbuster diabetes drug Mounjaro and weight loss injection Zepbound spike. Under Armour — Shares popped 19% after the athletic […]
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JPMorgan raises 2024 recession odds to 35%
JPMorgan upped the likelihood it sees for the U.S. economy entering a recession this year, the latest sign of concern around the country’s financial health following the market turbulence this week. The bank raised its probability for a U.S. or global recession to 35% by year end, chief global economist Bruce Kasman told clients in […]
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Stocks making the biggest moves premarket: Eli Lilly, Under Armour, Warner Bros. Discovery and more
These are the stocks posting the largest moves in premarket trading. Source link
08
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Why Italy could see big M&A deals in banking
Banking analysts assess the possibility of a banking merger in Italy. Bloomberg | Bloomberg | Getty Images MILAN, Italy — European policymakers have longed for bigger banks across the continent. And Italy might be about to give them their wish with a bumper round of M&A, according to analysts. Years after a sovereign debt crisis […]
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What is the EU’s Digital Operational Resilience Act? DORA, explained
Traffic_analyzer | Digitalvision Vectors | Getty Images Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience. By the start of next year, financial services firms and their technology suppliers will have to make sure […]
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Jamie Dimon still sees a recession ahead
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making recession the most likely scenario in his mind. When asked by CNBC’s Leslie Picker if he had changed his view from earlier this year that markets were too […]
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FTNT, SHOP, LYFT and more
Check out the companies making headlines in midday trading. Fortinet – The cybersecurity stock was the biggest advancer in the S & P 500 on Wednesday, surging 26% after Fortinet posted a strong second-quarter report, as well as upbeat current quarter guidance. The cybersecurity company posted adjusted quarterly earnings of 57 cents per share on […]