Category: Stock Market
Snap Inc. stock’s SNAP, -30.12% 26.6% premarket decline on Friday dragged down other big tech names that rely on online advertising. Twitter Inc. TWTR, -4.64% was down 8% with a report that Biden administration officials are considering subjecting some of Elon Musk’s ventures to national-security reviews adding to the downdraft. Facebook parent Meta Platforms Inc. […]
Shares of HCA Healthcare Inc. HCA, -0.28% fell 1.7% in premarket trading Friday, after the hospital operator reported third-quarter profit that topped expectations but revenue that fell shy, as admissions declined. Net income fell $1.34 billion, or $3.91 a share, from $2.27 billion, or $7.00 a share, in the year-ago period. The latest quarter’s results […]
Twitter Inc. TWTR, +1.18% has reportedly told staff there are no layoffs planned after a separate report that Tesla CEO Elon Musk would cut 75% of the social-media company’s workers. Twitter General Counsel Sean Edgett sent employees an email on Thursday to say no widespread job cuts are planned, reported Reuters late Thursday, citing a […]
The U.S.-listed shares of Autoliv Inc. ALV, -2.24% climbed 2.8% in premarket trading Friday, even after the Sweden-based automotive safety systems company reported third-quarter profit and sales that came up short of expectations but said pricing actions were starting to drive improved results. Operating income rose to $171 million, or $1.21 a share, from $99 […]
Tenet Healthcare Corp. THC, -0.26% shares dropped in the extended session Thursday after the hospital operator forecast an outlook that came up short of Wall Street expectations while announcing a share buyback program. Tenet shares fell 21% after hours, following a 0.2% decline in the regular session to close at $54.32. Tenet forecast adjusted earnings […]
U.S. stocks finished lower on Thursday for the second day in a row as yields on the 10-year and 2-year Treasury notes advanced to their highest levels in more than 14 years, causing early earnings-inspired gains in equities to evaporate. The S&P 500 SPX, -0.80% finished off 29.38 points, or 0.8%, at 3,665.78. The Dow […]
Oil futures ended on a mixed note Thursday, with the November U.S. benchmark contract ending higher on its expiration day, but the December contract little changed. Oil found some support from reports that China is looking to cut the duration of quarantine for inbound visitors, “in a sign that perhaps the government might be looking […]
The U.S.-listed shares of Manchester United Ltd. MANU, -0.43% fell 0.4% in afternoon trading Thursday, after the English Premier League football club issued a statement saying forward Christiano Ronaldo will not be part of the squad for the next game on the weekend. The statement comes after the player was seen leaving the field before […]
The U.S.-listed shares of China-based Nio Inc. NIO, +0.78% gained 0.1% in afternoon trading Thursday, after closing the previous session at the lowest price since July 2020, despite the 6.7% selloff in rival electric vehicle maker Tesla Inc.’s stock TSLA, -6.81% after disappointing third-quarter results. Meanwhile, shares of fellow China-based EV makers XPeng Inc. XPEV, […]
Gold futures climbed on Thursday, finding support from a pullback in the U.S. dollar to edge up from the more than three-week low they finished at a day earlier. “It looks like a matter of when will gold break the September lows, but for now it is stabilizing as it seems it will need a […]