Category: Market News
Shares of Tupperware Brands Corp. TUP, +35.77% rocketed 60.6% toward a three-month high in morning trading Wednesday, enough to pace all NYSE gainers, after the food storage containers maker reported a sharp drop in second-quarter profit, but beat expectations by a wide margin, as raised prices and improved service helped offset inflation and supply chain […]
Shares of Moderna Inc. MRNA, -0.43% gained 3.8% in premarket trading on Wednesday after the company beat earnings and revenue expectations in the second quarter of the year. Moderna had net income of $2.2 billion, or $5.24 per share, in the second quarter of the year, down from $2.8 billion, or $6.46 per share, in […]
Shares of Applied DNA Sciences Inc. APDN, +311.16% skyrocketed 353.7% higher in very volatile trading Tuesday, after the biotechnology company said it initiated validation of a monkeypox virus test. Trading volume spiked to 73.1 million shares, compared with the full-day average of about 256,450 shares. The stock has been halted no less than 27 times […]
William Watts is MarketWatch’s senior markets writer. Based in New York, Watts writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. Before moving to New York, he reported for MarketWatch from Frankfurt, London and Washington, D.C. Source: Marketwatch
The U.S.-listed shares of Hong Kong-based investment holding company AMTD IDEA Group AMTD, +236.54% skyrocketed 312.5% and subsidiary AMTD Digital Inc. HKD, +126.28%, a Hong-Kong-based digital solutions applications developer, rocketed 149.6% in very volatile afternoon trading Tuesday, enough to make them the two best performers listed on the New York Stock Exchange. AMTD IDEA shares […]
There’s no reason for Beijing to turn House Speaker Nancy Pelosi’s Taiwan visit, which is consistent with long-standing U.S. policy, into some sort of crisis or use it as a pretext to increase aggressiveness and military activity in or around the Taiwan Strait, said John Kirby, a spokesman for the White House’s National Security Council. […]
A previous version of this report misstated the FactSet consensus estimate for Herbalife’s second-quarter adjusted earnings per share. Shares of Herbalife Nutrition Ltd. HLF, -1.38% were up 11% in after-hours trading Tuesday after the company easily topped expectations with its latest results. The company logged second-quarter net income of $86.5 million, or 88 cents a […]
Alteryx Inc. AYX, +4.23% shares surged 12.3% in extended trading on Tuesday, lifted by the data analytics software company’s second-quarter sales growth. The company’s stock closed Tuesday’s session up 4.2% at $50.57. Alteryx’s second-quarter revenue was $180.6 million, an increase of 50%, compared to revenue of $120.1 million in the year-ago quarter. “Alteryx delivered an […]
The financial market’s most knowledgeable inflation traders are expecting a string of roughly 8.8% annual headline U.S. consumer-price readings over the next three months, starting with the Aug. 10 release of July’s data. While such readings would be below June’s 9.1% reading and support the theory that inflation may have peaked at an almost 41-year […]
U.S. stocks closed lower for a second straight day on Tuesday, after U.S. House Speaker Nancy Pelosi defied China with a historic visit to Taiwan. The blue chip Dow Jones Industrial Average [djia] shed about 401 points, or 1.2%, ending near 32,396, while the S&P 500 index SPX, -0.67% closed 0.7% lower and the Nasdaq […]