Netflix stock options are priced for a more than $27 one-day post-earnings move, ORATS says
[ad_1] An options strategy Netflix Inc.’s NFLX, +5.33% stock known as a straddle on is priced Tuesday for a much bigger than usual one-day move after the streaming video giant…
Fastly could see ‘disproportionate impact’ in a downturn, analyst says in bearish downgrade
[ad_1] Shares of Fastly Inc. FSLY, -7.79% were falling 4% in premarket trading Tuesday after RBC Capital Markets turned bearish on the cloud-computing stock. “Fastly scores low on our five-factor…
U.S. oil prices settle back above $100 for the first time in a week
[ad_1] Oil futures climbed on Monday, with U.S. benchmark crude prices ending back above $100 a barrel for the first time in a week. U.S. prices rebounded back above the…
Selloffs in Dow, S&P 500 belies bullish market internals
[ad_1] While the Big 3 stock market indexes are all falling, market internals are suggesting the broader stock market is rallying. The Dow Jones Industrial Average fell 60 points, or…
Kirkland’s CFO Nicole Strain to step down
[ad_1] Kirkland’s Inc. KIRK, +0.51% said late Monday Chief Financial Officer and Chief Operating Officer Nicole Strain will be leaving the home furnishings company effective Aug. 31. The company said…
Apple sued over antitrust violations for Apple Pay
[ad_1] Apple Inc. AAPL, -2.06% was sued on Monday in a class-action lawsuit alleging it denies access to Apple Pay mobile wallet technology that could be used to develop competing…
Dow ends more than 200 points lower, stocks skid after report on Apple’s cost-cutting plan
[ad_1] Stocks gave up earlier gains Monday, with the Dow ending about 216 points lower, after Bloomberg reported on cost-cutting efforts taking shape at Apple Inc., a week before the…
Snap stock price target cut by Credit Suisse as advertising budgets rotate
[ad_1] Snap Inc.’s SNAP, +3.74% stock price target was reduced by Credit Suisse on Monday ahead of the company’s second-quarter earnings on Thursday, July 21. Credit Suisse lowered its target…
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…
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,…
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…