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…
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…
GM, EVgo and Pilot collaborate on building out EV fast-charging network
[ad_1] General Motors Co. GM, -2.81% announced Thursday a collaboration with Pilot Travel Centers LLC to build out a nationwide elective vehicle (EV) fast-charging network of 2,000 charging stalls. The…
Amazon proposes concessions as it looks to settle EU antitrust cases: report
[ad_1] Amazon.com Inc. AMZN, +1.08% has proposed on Thursday certain concessions as the e-commerce giant looks to settle antitrust cases against it in the European Union, according to a report…
Coinbase stock rallies as D.A. Davidson believes ‘crypto winter’ could work to its advantage
[ad_1] Shares of Coinbase Global Inc. COIN, -2.10% rallied climbed 1.0% in premarket trading Wednesday, after D.A. Davidson Christopher Brendler said that while the cryptocurrency market has “gone from bad…
Consumer discretionary stocks sink after surprisingly strong inflation data
[ad_1] The consumer discretionary sector was trading broadly lower Wednesday, after data showing inflation surprised to the upside in June and wages fell as a result. The SPDR Consumer Discretionary…
U.S. stocks open sharply lower after June CPI data showed inflation was higher than expected
[ad_1] U.S. stocks opened sharply lower after the consumer-price index showed inflation rose in June more than expected, with the annual rate climbing to a nearly 41-year high of 9.1%.…
Quest Diagnostics launches monkeypox test
[ad_1] An earlier version of this report incorrectly cited the timing of the launch of Quest’s monkeypox test. The test is available now. Quest Diagnostics Inc. DGX, -0.75% said Wednesday…
Redfin, Zillow stocks drop after inflation data fuels jump in Treasury yields
[ad_1] Shares of real estate services companies were knocked lower Wednesday after surprisingly strong inflation data sent Treasury yields climbing. A big jump in longer-term Treasury yields this year has…
Biden says inflation reading ‘unacceptably high,’ but ‘also out-of-date’
[ad_1] President Joe Biden on Wednesday said in a statement that while a “headline inflation reading is unacceptably high, it is also out-of-date,” as he reacted to a report showing…
JustWorks withdraws plan for IPO, six months after setting terms to be valued at up to $2 billion
[ad_1] JustWorks Inc. filed Wednesday to withdraw its plans for an initial public offering, about seven months after the profitable human resources software company filed to go public and six…
`Peak inflation will have to wait’: traders see three more 8%-plus U.S. CPI readings despite falling gas prices
[ad_1] “Staggering.” “Ugly.” “Brutal.” And …. “out-of-date.” Those are some of the words that investors, analysts, and even President Joe Biden, used to sum up the U.S. June consumer price…
Fed-funds futures now show 67% chance of a 100-basis-point interest-rate hike in July
[ad_1] Traders of federal funds futures rapidly readjusted their expectations for the size of the Federal Reserve’s anticipated next rate hike on July 27, by boosting the likelihood of a…
U.S. stocks tumble for 4th day in a row on hotter-than-expected inflation report
[ad_1] U.S. stocks closed lower on Wednesday for the fourth day in a row after the latest consumer price index showed that headline inflation climbed to its highest level in…
Kodak stock gains 1% in down market after taking stake EV battery ‘super cell’ maker
[ad_1] Shares of Eastman Kodak Co. KODK, -0.20% climbed 1.0% in morning trading Wednesday, to buck the selloff in the broader stock market, after the commercial print and advanced materials…
Apple, Amazon, Tesla stocks dive into the red after inflation data
[ad_1] Shares of technology behemoths, and electric vehicle maker Tesla Inc. , pulled sharp U-turns in premarket trading to dive into negative territory after data showing that inflation rose more…
Designer Brands invests in Le Tigre, part of plan to double portfolio sales by 2026
[ad_1] Designer Brands Inc. DBI, -0.23% announced Tuesday that it has signed a licensing agreement and taken an investment in Le Tigre, part of its plan to grow its Owned…
Fortinet stock price target raised at Wedbush, citing stock split and increasing cyber threats
[ad_1] Wedbush raised its Fortinet Inc. stock price to $76 from $68 on Tuesday, citing the cybersecurity company’s recent stock split and an increasingly complex cyber threat environment. “While a…
UPDATE: Canoo shares soar premarket after Walmart orders 4,500 electric delivery vehicles plus option for up to 10,000 more
[ad_1] Walmart Inc. WMT, -0.30% said Tuesday it is purchasing 4,500 all-electric delivery vehicles from Canoo Inc. GOEV, +53.16% for use in last-mile delivery. The news sent shares of Canoo…
Deepening inversion of Treasury yield curve is `getting harder to dismiss’
[ad_1] For a sixth straight trading session, the U.S. bond market sent out one of its most reliable recession signals as the 2-year rate continued to trade above its 10-year…
ServiceNow shares drop 12% after CEO warns of fierce macro headwinds in interview
[ad_1] ServiceNow Inc.’s stock tumbled 12% on Tuesday following an interview in which its chief executive, Bill McDermott, warned of some serious macro headwinds. “You’re at 41-year high inflation. The…
Dow ends nearly 200 points lower as stocks fall ahead of inflation reading
[ad_1] Stocks ended lower Tuesday, losing ground in afternoon trade as investors appeared reluctant to hold equities ahead of the release of an eagerly anticipated June consumer price index reading.…