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…
Coronavirus tally: Pandemic has caused biggest backslide in childhood vaccinations in 30 years: WHO and Unicef
[ad_1] The coronavirus pandemic has caused the biggest backslide in childhood vaccinations in about 30 years, the World Health Organization and Unicef said on Friday. “The percentage of children who…
Theravance sets up deal to sell rights to asthma drug to Royalty Pharma
[ad_1] Shares of Theravance Biopharma Inc. TBPH, -2.78% were up 13.8% in premarket trading on Thursday, the day after the company announced plans to sell the royalty rights to GlaxoSmithKline’s…
Kroger expanding delivery service in Nashville and Chicago metro areas
[ad_1] Kroger Co. KR, -0.94% announced Thursday that it will expand delivery service in the greater Nashville and Chicago metro areas thanks to new facilities that will function alongside existing…
Marinus to sell rare-disease voucher to Novo Nordisk for $110 million
[ad_1] Shares of Marinus Pharmaceuticals Inc. MRNS, -5.23% gained 7.9% in premarket trading on Thursday after the company said it plans to sell its Rare Pediatric Disease Priority Review Voucher…
CleanSpark buys 1,061 bitcoin miners at a ‘substantially discounted’ price
[ad_1] CleanSpark Inc. CLSK, +0.24% said Thursday that it has acquired 1,061 Whatsminer M30S bitcoin mining machines for use at Coinmint’s facility. CleanSpark didn’t disclose what it paid for the…
Amazon says premium beauty products, Lego sets and Levi’s were big sellers during Prime Day
[ad_1] Amazon.com Inc. AMZN, +0.21% says premium beauty products like those from Laneige, Lego sets, and Levi Strauss & Co. LEVI, +1.31% apparel were big sellers in the U.S. during…
Dow drops more than 1,000 points amid a 5-day losing streak, with UnitedHealth and Goldman the biggest drags
[ad_1] The Dow Jones Industrial Average took a 413-point, or 1.3% dive, in afternoon trading Thursday, and has dropped 1,024-points amid a five-day losing streak. The biggest drag on the…
Stocks fall, but end off session lows as investors weigh rate hikes, earnings season
[ad_1] Stocks fell Thursday, but finished well off session lows as investors weighed the size and scope of expected rate hikes and assessed downbeat earnings from JPMorgan Chase & Co.…
Problem with ‘internal systems’ caused Twitter outage
[ad_1] The outage that hit Twitter Inc. TWTR, -1.25% on Thursday morning was caused by a problem with the social media platform’s internal systems. The outage started just before 8:00…
10x Genomics stock falls as revenue forecast disappoints
[ad_1] Shares of 10x Genomics Inc. TXG fell in the extended session Thursday after the biotech company said it expects second-quarter revenue to come in below Wall Street expectations. 10x…
Pinterest stock pops 19% on activist investor increasing stake: report
[ad_1] Pinterest Inc.’s stock PINS, -4.62% popped 19% in extended trading Thursday following a report that activist investor Elliott Management Corp. has built a stake of more than 9% in…
Codexis stock drops as forecast comes in below Street estimate
[ad_1] Codexis Inc. CDXS, -4.74% shares fell in the extended session Thursday after the biotech company lowered its revenue forecast for the year and said that sales from Pfizer Inc.…
Gold futures settle at a more than 15-month low
[ad_1] Gold futures fell on Thursday to their lowest finish in more than 15 months, pressured as the U.S. dollar continued to strengthen. Gold and silver are unlikely to make…
Justice Department unlikely to accept Alphabet’s concessions to avoid antitrust lawsuit: report
[ad_1] The Justice Department will likely reject Alphabet Inc.’s GOOGL, -0.89% GOOG, -0.67% concessions to avoid an antitrust lawsuit over its dominant online-ads business, a Bloomberg report said Thursday. “We…
Costco stock jumps to lead S&P 500 gainers after Deutsche Bank says buy
[ad_1] Shares of Costco Wholesale Corp. rallied 3.7% in afternoon trading Thursday, enough the pace the S&P 500’s gainers, after Deutsche Bank upgraded the membership-based warehouse retailer, as recent upbeat…
Dow falls 550 points after opening bell on rate-hike worries as earnings season begins
[ad_1] Stocks opened sharply lower Thursday as investors weighed expectations for the Federal Reserve to continue delivering outsize rate increases in its effort to get inflation under control, raising fears…
Moderna’s COVID-19 vaccine OK’d in Canada for children aged 6 months and older
[ad_1] Moderna Inc. MRNA, -6.91% said Thursday its COVID-19 vaccine Spikevax was approved by Health Canada for use in children aged six months to five years. The biotechnology company said…
Alibaba cloud executive called in by Shanghai authorities regarding data break–WSJ
[ad_1] The U.S.-listed shares of Alibaba Group Holding Ltd. BABA, -5.51% dropped 4.3% in midday trading Thursday, after The Wall Street Journal reported that Shanghai authorities called in the ecommerce…
Twitter back up after outage
[ad_1] Twitter Inc. is back up after an outage hit the social media platform on Thursday morning. The outage appears to have started just before 8:00 am ET, according to…
EIA reports a 58 billion cubic foot weekly climb in U.S. natural-gas supplies
[ad_1] The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 58 billion cubic feet for the week ended July 8. That compared to an average…
Conagra misses on sales, gives profit guidance below Street expectations
[ad_1] Conagra Brands Inc. CAG, -8.28% stock slipped 1.2% in Thursday premarket trading after the food company reported sales that missed expectations and gave profit guidance below Street expectations. Conagra…