Charles Schwab shares advance on earnings boost
[ad_1] Charles Schwab Corp. SCHW, +0.62% shares rose 4.7% in premarket trades Monday after the brokerage firm said its second-quarter profit rose by 42% to a record and its adjusted…
AMAT Stock Price | Applied Materials Inc. Stock Quote (U.S.: Nasdaq)
[ad_1] Applied Materials Inc. Applied Materials, Inc. provides manufacturing equipment, services and software to the semiconductor, display and related industries. It operates through the following segments: Semiconductor Systems, Applied Global…
JPMorgan lifted to hold from sell at Berenberg, because ‘good banks have bad years’
[ad_1] JPMorgan Chase & Co. JPM, +4.58% was upgraded to hold from sell by Berenberg, analyst Peter Richardson, who said downside risks to shares are more limited now, following disappointing…
Investors are obsessed with size of Fed’s next rate hike. Here’s what they’re missing.
[ad_1] Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June,…
75 or 100 basis points? Lost in market debate over Fed’s next rate hike is ‘how long inflation stays at these levels’
[ad_1] Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June,…
UnitedHealth stock gains after profit beat and raised outlook, as revenue tops $80 billion
[ad_1] Shares of UnitedHealth Group Inc. climbed 1.0% in premarket trading Friday, after the health care services and benefits company reported second-quarter earnings that were comfortably above expectations citing “balanced”…
Wells Fargo revenue falls short, shares drop
[ad_1] Wells Fargo & Co. WFC, +6.17% shares fell 3.5% in premarket trades Friday after it said its second-quarter net income declined to $3.12 billion, or 74 cents a share,…
Oil ends higher, but sees weekly drop, as Biden meets with Saudis
[ad_1] Updates to correct closing price for August WTI futures. Oil futures ended higher Friday, finding support as news reports said U.S. officials were playing down expectations President Joe Biden’s…
Biden says he made his view on Khashoggi murder ‘crystal clear’ to Saudi crown prince
[ad_1] President Joe Biden on Friday said he made his view about the killing of journalist Jamal Khashoggi “crystal clear” to Saudi Crown Prince Mohammed bin Salman. “I was straightforward…
Dow advances 650 points as stocks stage biggest rally in 3 weeks
[ad_1] U.S. stocks finished sharply higher on Friday, snapping a five-day losing streak thanks in part to stronger-than-expected retail sales data and a moderation in inflation expectations. But Friday’s rally…
Biden: ‘Expect further steps’ from Saudis in coming weeks on oil supply
[ad_1] President Joe Biden on Friday indicated Saudi Arabia would move to boost oil output after a meeting with top officials from the Kingdom in Jeddah, including Crown Prince Mohammed…
Apple urges federal court to throw out App Store injunction in Epic case
[ad_1] Apple Inc. AAPL, +1.15% on Friday asked a federal court to throw out an injunction that would allow developers to bypass Apple’s App Store payment system and avert commission…
Harsco shares slide 5% premarket after company issues profit warning due to ‘unprecedented’ inflation
[ad_1] Harsco Corp. stock fell 5% in premarket trade Friday, after the environmental and waste management company issued a profit warning for the second quarter and full-year amid ‘unprecedented inflation.’…
Biden promises strong executive actions on climate, energy after Manchin’s opposition
[ad_1] President Joe Biden said in a statement on Friday that action on climate change and clean energy “remains more urgent than ever,” after key Democratic Sen. Joe Manchin of…
Solar stocks hit hard by Sen. Manchin opposing climate spending
[ad_1] Shares of companies in the solar power business suffered a broad drubbing in premarket trading Friday, after Sen. Joe Manchin (D-W.Va.) said he would oppose any budget reconciliation package…
Bavarian Nordic stock jumps after U.S. orders 2.5 million more monkeypox vaccine doses
[ad_1] The U.S.-listed shares of Bavarian Nordic A/S BVNRY, +2.88% BAVA, +0.56% jumped 2.0% in afternoon trading Friday, after the Denmark-based drug maker said the U.S. government has ordered 2.5…
10x Genomics stock suffering record drop toward record low after revenue warnings prompts downgrade
[ad_1] Shares of 10x Genomics Inc. TGX, -4.32% plunged 22.3% in active morning trading Friday, putting them on track to suffer a record one-day drop to a record low Friday,…
CHX Stock Price | ChampionX Corp. Stock Quote (U.S.: Nasdaq)
[ad_1] ChampionX Corp. ChampionX Corp. engages in the provision of chemistry programs and services for global upstream oil and natural gas industry. It operates under the following segments: Production Chemical…
AMTD Digital’s stock cheered on NYSE debut, to trade more than double the IPO price
[ad_1] The newly minted U.S.-listed shares of AMTD Digital Inc. HKD, +99.81% soared out of the gate in volatile trading Friday, after the Hong Kong-based digital platform and controlled subsidiary…
PTEN Stock Price | Patterson-UTI Energy Inc. Stock Quote (U.S.: Nasdaq)
[ad_1] Patterson-UTI Energy Inc. Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment and technology. It operates through the following segments: Contract…
Boeing stock gains as ‘slow drip internal water torture’ is nearing an end, analyst says
[ad_1] Shares of Boeing Co. rose 0.9% toward a two-month high in premarket trading Friday, after Benchmark analyst Josh Sullivan cut his price target on the aerospace and defense giant…
Citigroup shares rise after bank beats earnings target
[ad_1] Citigroup Inc. C, +10.52% shares rose 2.1% in premarket trades on Friday after the bank said its second-quarter earnings fell to $4.55 billion, or $2.19 a share, from $6.19…
eBay stock price target cut at Stifel, citing currency pressures
[ad_1] Stifel has cut eBay Inc.’s EBAY, -1.08% price target to $60 from $62 amid currency pressures and headwinds in the online marketplace’s international business. “We are leaving our 2Q…
Vertical Aerospace says American Air has confirmed delivery slots for first 50 VX4 zero-emissions aircraft
[ad_1] Shares of Vertical Aerospace Ltd. EVTL, -1.36%, a company specializing in zero-emissions aviation, said Friday that American Airlines AAL, -0.42% has confirmed delivery slots for the first 50 VX4…
C Stock Price | Citigroup Inc. Stock Quote (U.S.: NYSE)
[ad_1] Citigroup Inc. Citigroup, Inc. is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Global Consumer Banking, Institutional Clients…