Latest Market News

Oct 20
Nucor misses earnings target, shares fall

Nucor Corp NUE, -2.24% shares fell 4.8% in premarket trades after the steel company missed its third-quarter earnings target and said it’s facing more economic headwinds. Third-quarter earnings fell to $1.7 billion, or $6.50 a share, from $2.13 billion, or $7.28 a share in the year-ago quarter. Revenue increased to $10.5 billion from $10.31 billion, […]

Oct 20
Talaris Therapeutics’ stock falls 21% after reporting patient death in clinical trial

Shares of Talaris Therapeutics Inc. TALS, -37.81% tumbled 21.5% in premarket trading on Thursday after the company reported one of the participants in its Phase 3 study of living donor kidney transplant recipients died. The patient had been diagnosed with a moderate form of acute graft-vs-host disease. The trial’s oversight committee has said enrollment and […]

Oct 20
Union Pacific stock sinks after earnings beat, but carload and share repurchase outlooks lowered

Shares of Union Pacific Corp. UNP, -4.05% dropped 5.0% toward a near two-year low in premarket trading Thursday, after the railroad operator reported third-quarter profit and revenue that beat expectations, due to increased pricing and fuel surcharges, but cut its outlook for carload growth and stock repurchases. Net income rose to $1.90 billion, or $3.05 […]

Oct 20
ManpowerGroup stock jumps after profit beat, as labor demand remains ‘solid’

Shares of ManpowerGroup Inc. MAN, +4.54% jumped 3.8% in premarket trading Thursday, after the staffing services company reported third-quarter profit that beat expectations even as revenue fell a bit short, as demand for labor remained “solid.” Net income rose to $111.3 million, or $2.13 a share, from $97.7 million, or $1.77 a share, in the […]

Oct 20
Dick’s Sporting Goods stock rallies after analyst upgrades, citing ‘overly pessimistic’ sentiment

Shares of Dick’s Sporting Goods Inc. DKS, +0.77% hiked up 2.4% in premarket trading Thursday, after Oppenheimer analyst Brian Nagel turned bullish on the sporting goods and athleisure apparel retailer, saying he believes the company will keep capitalizing on “positive, post-pandemic shifts in consumer demand.” Nagel raised his rating to outperform, after being at perform […]

Oct 20
Will museums of the future just be giant NFT galleries?

NFTs have transformed the art world to make masterpieces more accessible to admirers. However, with the tokenization of entire collections comes questions about the future of ownership in museums. 708 Total views 11 Total shares Museums, individuals and metaverse initiatives have used nonfungible tokens (NFTs) as a new means for reinventing themselves before their fans. The family […]