Stock futures inch higher ahead of jobs report with Wall Street's nine-week winning streak in jeopardy: Live updates – CNBC
2 hours ago Peloton continues to soar after announcing partnership with TikTok Peloton stock rose 6% in after-hours trading as investors continued to cheer the fitness company's new partnership with TikTok. The collaboration includes a new fitness hub on social media apps with content created by Peloton instructors. The move builds on Thursday's nearly 14% […]
Nancy Pelosi’s 2023 trading gains top 65%, boosted by stock options: report
Nancy Pelosi's investment portfolio is once again among the top performers on Capitol Hill, with her recent use of controversial stock options giving her a big boost, according to a new analysis of government disclosures. . The 83-year-old former House speaker, who still represents San Francisco as a Democrat, said his stock portfolio returned 65% […]
Jim Cramer says investors should buy this Magnificent Seven stock on a pullback – CNBC
Each week, Jim Cramer's CNBC Investing Club releases a Homestretch audio feature to coincide with the last hour of trading on Wall Street. Here is today's edition. Stocks are rising and the S&P 500 is trying to break a three-day losing streak, but the Nasdaq has some work to do if it wants to end […]
Apple slapped with second stock downgrade as Wall Street fears sagging iPhone demand
Apple suffered its second sharp drop in stock prices this week on Thursday as concerns grew on Wall Street about sluggish demand for its flagship iPhone. Piper Sandler & Company lowered its rating on Apple stock from “overweight” to “neutral” on Thursday. The company's analysts, who have been bullish on Apple since March 2020, pointed […]
Walgreens, Mobileye, Apple, APA, Callon, Peloton, and More Stock Movers – Barron's
After starting the first two trading days of 2024 with a loss, the stock was mostly up on Thursday. Bond yields were rising as strong employment data and investors dialed back expectations for the Federal Reserve to cut interest rates. Walgreens Boots Alliance fell 8.1% after the drugstore chain cut its quarterly dividend by 48% […]
Mobileye’s stock melts down as inventory issues prompt grim revenue warning – MarketWatch
Last updated: January 4, 2024 at 7:40 a.m. ET First Published: January 4, 2024 at 7:18am ET Shares of Mobileye Global Inc. plunged in pre-market trading Thursday after the self-driving technology developer issued a profit warning as customers grappled with excess inventory. Mobileye MBLY expects first-quarter revenue to be down about 50% from $458 million […]
Deutsche Bank names the stock that'll be the 'last man standing' in autonomous driving – CNBC
Deutsche Bank says Israeli-based self-driving technology company Mobileye is becoming the “last man standing” in the race to develop self-driving cars. The investment bank says Mobileye's affordable, modular approach to advanced driver assistance systems (ADAS) compares favorably with competitors struggling with the complexity and high cost of developing truly self-driving “robotaxis.” He said that it […]
Stock futures are little changed after Nasdaq falls for fourth straight day: Live updates – CNBC
15 minutes ago December ADP Private Payroll Report to be released on Thursday The December ADP private payroll report, released Thursday morning, is expected to show companies added 130,000 employees last month, according to a survey of economists conducted by Dow Jones. This is an increase from the previous month's 103,000. The report is scheduled […]
SEC, stock exchange officials meet ahead of potential spot bitcoin ETF approval
Pump Investments investor Anthony Pompliano discusses whether a spot Bitcoin ETF will be approved in January on “Making Money.” A series of meetings between the Securities and Exchange Commission and several stock exchanges has increased confidence that approval of the long-awaited Spot Bitcoin exchange-traded fund may be imminent. FOX Business has learned that SEC staff […]
Good News Drives Fisker Stock Into 2024 – The Motley Fool
Finally, good news for everyone fisker (FSR -8.28%) Investor! After a difficult third quarter that included lowered production forecasts, a lackluster earnings report, the chief accounting officer's resignation, and a notice of late filing of reports from the New York Stock Exchange, investors are finally looking up to 2024. I got the news. Find out […]