Take a look at some of the biggest movers in the premarket: RH (RH) – RH surged 8.4% in premarket trading after it reported quarterly profit of $4.89 per share, above the $4.10 a share consensus estimate. The home furnishings retailer formerly-known as Restoration Hardware also reported better-than-expected revenue and raised its full-year outlook. Signet
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Inflation has been warming up this spring, and it’s expected to hit historical levels for the month of May. The consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That’s the fastest annual pace in 28 years. Economists expect both core
Take a look at some of the biggest movers in the premarket: Clover Health (CLOV), Wendy’s (WEN) – The two stocks extended their gains in premarket trading, after surging yesterday on increased social media attention. Clover – a seller of health-care insurance that went public via a SPAC deal in October – has risen for
In this article CLOV SFIX WEN A person skateboards past Biogen Inc. headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021. Adam Glanzman | Bloomberg | Getty Images Stitch Fix — Shares of Stitch Fix jumped 12% after the online styling service reported better-than-expected fiscal third-quarter results. The company posted a loss of 18 cents
Traders working at the New York Stock Exchange (NYSE), today, Wednesday, April 21, 2021. Source: NYSE Even with headwinds from the Fed and inflation, a booming economy and strong earnings should send the market to a series of new highs this summer. The S&P 500 was lower Monday as the market meanders ahead of next
In this article KDP AMC BIIB COUP MRVL SFIX Katrina Lake, CEO of Stitch Fix Adam Jeffery | CNBC Check out the companies making headlines after the bell: Stitch Fix — Shares of Stitch Fix surged 15% in extended trading after the online styling service reported fiscal third-quarter results beating Wall Street expectations. The company
In this article GM Check out the companies making headlines in midday trading. Blackberry — Shares of the tech company were down 4% in midday trading after surging more than 20% shortly after the opening bell. Blackberry has become one of the most-discussed stocks on Reddit in recent days, which helped to fuel a rally.
In this article AVGO DOCU CRWD AMC CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines after the bell: AMC Entertainment — AMC Entertainment was on the move again after a volatile trading session. Shares fell 7% after hours after closing down nearly 18% in the regular
Take a look at some of the biggest movers in the premarket: DocuSign (DOCU) – DocuSign shares rallied 6.8% in premarket trading after the company beat Wall Street forecasts by 16 cents a share, with quarterly earnings of 44 cents per share. Revenue also beat estimates, and DocuSign gave an upbeat outlook as more companies
A help wanted sign is posted at a taco stand in Solana Beach, California. Mike Blake | Reuters Hiring improved in May, but 559,000 new jobs aren’t enough to spur the Federal Reserve to begin to talk about tapering back its bond purchases. Friday’s Labor Department report on new payrolls was below the 671,000 expected
The exterior of the headquarters of biotechnology company Biogen in Cambridge, MA is pictured on March 21, 2019. John Tlumacki | Boston Globe | Getty Images DocuSign – Shares of the electronic signature company surged 17% after beating on the top and bottom lines of its quarterly earnings. DocuSign earned 44 cents per share on
Traders work on the floor of the New York Stock Exchange. NYSE Inflation data is a highlight of the week ahead, as investors focus on economic news in the void between earnings season and the next Fed meeting. May’s consumer price index is reported Thursday, and it could be hot after it surged at a
A General Motors assembly worker loads engine block castings on to the assembly line at the GM Romulus Powertrain plant in Romulus, Michigan, U.S. August 21, 2019. Rebecca Cook | Reuters Job growth in May is expected to be more than double the pace of April, with hiring picking up in pandemic hit sectors like
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Amazon, Qualcomm and Micron were among stocks that fell after a report that the Biden administration is pushing for a tax change that would require companies to pay a
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy — Shares of the e-commerce company are up 6.9% midday after Etsy announced a $1.6 billion deal to buy fashion resale app Depop. The newly acquired business, which is based in
An engineer working at a power plant Witthaya Prasongsin | Moment | Getty Images Oil prices could temporarily spike to $80 per barrel or more this summer as demand comes roaring back. The reopening economy has already sent crude up about 40% since the start of the year, but a surge in driving by Americans,
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Lululemon Athletica Inc., Finisar Corp., and Target Corp. Lululemon Athletica LULU, +0.13% is projected to report first-quarter earnings of 32 cents a share, according to a consensus survey by FactSet. “We believe, given the stock’s performance
In this article .CRBQX HPE Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Check out the companies making headlines after the bell
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trading in Friday’s session are Intel Corp. and Finisar Corp. After Thursday’s closing bell, Intel INTC, -3.28% said it is raising its second-quarter revenue outlook on improving PC demand. Intel now expects sales for the current quarter at $13.7 billion, plus
In this article CLDR MRO UAL BA AAL UNH COWN A pump jack operates at a well site leased by Devon Energy Production Co. near Guthrie, Oklahoma. Nick Oxford | Reuters Check out the companies making headlines in midday trading. Devon Energy and Marathon Oil — Shares of Devon Energy and Marathon Oil jumped more
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