Stocks making the largest moves after hours: ADBE, RH, ORCL
Horacio Villalobos | Corbis News | Getty Images Take a look at the businesses making headlines in prolonged trading: Adobe — Shares plunged greater than 10% after the software company…
Stocks
The stock market was briefly unsettled by CPI report. Here’s why.
August’s consumer-price index got here in near expectations and reinforced traders’ expectations for a regular-size, 25-basis-point rate cut from the Federal Reserve next Wednesday. But it surely still dissatisfied investors…
JPMorgan, Goldman Sachs shares move sharply lower on Solomon’s deal comments, revised capital requirements
JPMorgan Chase and Goldman Sachs shares led sharp losses for bank stocks Tuesday, after Goldman Chief Executive David Solomon noted a drop in deal-making activity, and after a long-anticipated, revised…
Zenas BioPharma sets price range for $200 million initial public offering
Zenas BioPharma Inc., a Waltham, Mass.-based developer of immunology-based therapies, on Friday said it plans to supply 11.76 million shares of common stock at an estimated price range of $16…
Ulta Beauty’s same-store sales take a surprising turn, and retailer’s stock drops 8%
Shares of Ulta Beauty Inc. dropped greater than 8% within the prolonged session Thursday after the specialty retailer reported worse-than-expected quarterly earnings, cut its guidance, and showed a drop in…
Nvidia CEO’s swagger isn’t enough to support the stock, as tiny cracks emerge
Nvidia Corp. co-founder and Chief Executive Jensen Huang wasn’t in a position to completely assuage all of the concerns from Wall Street on Wednesday, because the chip designer is seeing…
Stocks making biggest moves after hours: CAVA, UBER, ROST, WDAY
Customers take out food from a Cava restaurant in Chicago, Illinois, on May 28, 2024. Scott Olson | Getty Images Take a look at the businesses making headlines after the…
Starbucks stock rallies on hopes of a turnaround under its latest CEO — the pinnacle of Chipotle Mexican Grill
Starbucks Corp.’s stock notched its biggest percentage gain ever on Tuesday, as Wall Street placed bets that incoming chief executive Brian Niccol will stage a turnaround on the coffee chain…
Earnings Watch: Walmart reports this week. Its ‘resilience’ can be tested amid signs of consumer slowdown, analyst says
Over the past week, we saw more evidence of a drained consumer: Evidence that folks were spending less at amusement parks and holding off on booking vacation trips further out,…
Monster Beverage’s stock is sinking. Executives are blaming convenience stores.
Shares of Monster Beverage Corp. sank after hours on Wednesday, after the energy-drink maker reported second-quarter profit and sales that missed expectations, following what management said was a consumer shift…