Category: Stock Market

Shares of Helen of Troy Ltd. HELE, -10.53% tumbled 14.9% in premarket trading Wednesday toward a 4 1/2-year low, after the consumer products company, with brands including OXO, Hydro Flask and Braun, reported fiscal second-quarter earnings that beat expectations but cut its full-year outlook, as rising inflation has prompted consumers to change their spending patterns. […]

Shares of Amazon.com Inc. AMZN, +4.50% fell 0.9% in premarket trading Wednesday, to pull back following a two-day rally of 7.2%, after a report that the ecommerce and cloud giant will hold off on some hiring. The stock’s rally had come after it closed at a 2 1/2-month low on Friday. The New York Times […]

U.S. known cases of COVID are continuing to ease and now stand at their lowest level since late April, although the true tally is likely higher given how many people are testing at home, where the data are not being collected. The daily average for new cases stood at 44,484 on Tuesday, according to a […]

Shares of Tesla Inc. TSLA, +2.90% edged 0.7% higher in afternoon trading Tuesday, to pull way back from an earlier gain of as much as 6.2%, after reports that the electric vehicle maker’s chief executive, Elon Musk, is willing to buy Twitter Inc. TWTR, +22.24% at the original bid price. Tesla’s stock has been hurt […]

Oil futures rose Tuesday, with U.S. prices marking their highest settlement since mid-September. Reports said the Organization of the Petroleum Exporting Countries and their allies will consider a production cut of 2 million barrels per day at their meeting Wednesday, higher than previous expectations for a 1 million-barrel reduction. November WTI crude CLX22, +2.92% rose […]

Shares of Carnival Corp. CCL, +13.15% soared 13.7% in afternoon trading, to bounce off the previous session’s 30-year closing low, and enough to be the S&P 500’s SPX, +2.76% third-biggest gainer. The two bigger gainers were fellow cruise operators, as shares of Royal Caribbean Group RCL, +16.41% ran up 15.4% and Norwegian Cruise Line Holdings […]

Florida Gov. Ron DeSantis, a likely Republican presidential contender, will brief President Joe Biden on hurricane recovery efforts when Biden visits the state on Wednesday, the White House said. DeSantis, a sharp critic of the Biden administration, will give the president “an operational briefing on the current response and recovery efforts,” White House press secretary […]

DXC Technology Co. DXC, +5.53% confirmed Tuesday that it has been approached by a “financial sponsor” about a potential acquisition. The technology consulting and outsourcing services company, with a market capitalization of $6.54 billion, did not provide any details about the potential buyer or the potential value of the deal. “Consistent with its fiduciary responsibility […]

Gold futures ended Tuesday at a roughly three-week high, while silver saw prices settled at their highest since late June. If U.S. Treasury yields have “peaked near term along with the dollar, gold and silver can both extend gains and claw back some of the recent losses,” analysts at Sevens Report Research wrote in Tuesday’s […]

Starwood Capital Group, manager of the Starwood Property Trust STWD, +7.27% commercial mortgage real estate investment trust, said Tuesday it has signed an agreement with privately held electric vehicle charging company EnviroSpark to bring more than 400 charging stations to 80 multi-family home properties owned by Starwood across the U.S. The chargers will be installed […]