Dow futures lift, Fed hikes 0.25%
By Oliver Gray Investing.com - U.S. stock futures were trading slightly higher during Wednesday's evening deals, after major benchmark averages closed lower during regular hours as market...
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Falling US gasoline stockpiles signal a repeat of last summer's high prices
By Shariq Khan (Reuters) - U.S. motorists face a repeat of last summer's high gasoline prices, analysts warned on Wednesday, with fuel stockpiles heading towards multi-year lows ahead of...
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PayPal CEO seeing improved eComm market
PayPal (PYPL) President & CEO Dan Schulman said he is seeing an improved eComm market during the in-person meeting with Deutsche Bank yesterday.The e-commerce industry is experiencing...
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After-hours stock movers: Steelcase, KB Home gain post earnings
After-Hours Stock Movers: Steelcase (NYSE:SCS) 9% HIGHER; {{erl-21043||reported Q4 EPS of $0.19, $0.08 better than the analyst estimate of $0.11. Revenue for the quarter came in at $801.7...
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KB Home shares gain 3% on Q1 beat
By Davit Kirakosyan KB Home (NYSE:KBH) shares rose more than 3% after-hours following the company’s reported {{erl-7999||Q1 results, with EPS of $1.45 coming in better than the consensus...
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U.S. shares lower at close of trade; Dow Jones Industrial Average down 1.63%
Investing.com – U.S. equities were lower at the close on Wednesday, as losses in the Financials, Oil & Gas and Utilities sectors propelled shares lower. At the close in NYSE, the Dow Jones...
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Canada shares lower at close of trade; S&P/TSX Composite down 0.62%
Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Healthcare, REITs and Energy sectors propelled shares lower. At the close in Toronto, the S&P/TSX...
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Toronto market ends lower as Fed hikes interest rates
By Fergal Smith (Reuters) -Canada's benchmark stock index fell on Wednesday, giving back some of its gains in recent days, as investors assessed the Federal Reserve's latest interest rate...
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Chewy shares drop 3% despite better than expected Q4 results
By Davit Kirakosyan Chewy (NYSE:CHWY) shares fell nearly 3% after-hours despite the company {{erl-1136841||reporting better-than-expected Q4 results, with EPS of $0.16 coming in better than...
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S&P 500 tumbles as Powell rules out rate cuts in 2023
By Senad Karaahmetovic U.S. stocks closed at session lows after Fed Chair Jerome Powell said that FOMC participants “don’t see rate cuts this year.” Equities initially raced higher on the...
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Jobless claims, Darden Restaurants, General Mills: 3 things to watch
By Liz Moyer Investing.com -- Stocks tumbled after Federal Reserve Chair Jerome Powell’s remarks to reporters Wednesday afternoon. The Fed raised interest rates by a quarter of a percentage...
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89bio shares jump 25% on Phase II ENLIVEN data, analysts raise targets
By Davit Kirakosyan 89bio, Inc. (Nasdaq: NASDAQ:ETNB) shares gained 25% today after the company announced positive topline data from the Phase 2b ENLIVEN trial evaluating treatment with...
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Stock market today: Dow ends down as Fed hikes, Powell shoots down rate-cut bets
By Yasin Ebrahim Investing.com -- The Dow closed lower Wednesday after sharply cutting intraday gains as Federal Reserve chairman Jerome Powell dismissed market bets on a rate cut following...
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Stocks, Treasury yields retreat as Fed signals pause in rate hikes
By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks retreated from near two-week highs on Wednesday after the Federal Reserve raised borrowing costs, but signaled that it might be on the verge...
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Ineos founder Sir Jim Ratcliffe to bid over £5B for Manchester United - The Financial Times
By Sam Boughedda Sir Jim Ratcliffe, the British billionaire and founder, chairman, and chief executive officer of INEOS, is set to bid more than £5B (£1 = $1.2319) for Manchester United Ltd...
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Blink announces integration and rebranding of recently acquired SemaConnect India
By Michael Elkins Blink Charging Co. (NASDAQ:BLNK) announced Wednesday the integration and rebranding of recently acquired SemaConnect India to Blink following its acquisition in June...
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AgiiPlus Announces Downsized 4.5M Share IPO at $4.50-$6/sh
AgiiPlus (AGII) has filed for downsized 4,500,000 share IPO at $4.50-$6 per share. The company previously indicated 8,700,000 share offering in the same price range.
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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.43%
Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Mining, Food & Drug Retailers and Beverage sectors propelled shares higher. At the close in London, the...
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Baidu’s Apollo gains approval to test autonomous vehicles in Shanghai
By Michael Elkins Apollo, Baidu’s (NASDAQ:BIDU) smart car business, announced Wednesday that the Chinese tech giant has received approval to be among the first companies to test fully...
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Arista Networks PT raised at Wells Fargo after introducing WAN routing system
By Sam Boughedda Wells Fargo analysts raised the firm's price target for Arista Networks (NYSE:ANET) shares to $200 from $170, maintaining an Overweight rating on the stock in a research...
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SPAC that aimed to merge with Trump Media fires CEO
By Geoffrey Smith Investing.com -- The acquisition vehicle that aimed to merge with Donald Trump's new social media company has fired its CEO, Patrick Orlando, the company said in a filing...
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Global Mofy Metaverse Limited Announces 1.2M Share Offering at $4.50-$5.50/sh
Global Mofy Metaverse Limited (GMM) has filed for 1,200,000 share offering at $4.50-$5.50 per share.
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Midday movers: GameStop, Carvana, First Republic and more
By Liz Moyer Investing.com -- Stocks were trading lower ahead of the Federal Reserve's decision on interest rates and its economic forecasts. Here are the midday movers for March 22. ...
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GameStop leads meme stock rally after posting surprise 4Q profit
By Michael Elkins Shares of GameStop (NYSE:GME) are up 37.28% in mid-day trading on Wednesday after the video game retailer {{erl-13845||posted its first profitable quarter since January...
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Academy Sports and Outdoors shares 'too inexpensive' claims Baird analyst
By Sam Boughedda Academy Sports + Outdoors (NASDAQ:ASO) was started with an Outperform rating and $80 per share price target by Baird analysts on Wednesday. The analysts described the...
