Tag: Marketwatch
Fisker Inc. FSR, +5.79% revealed Wednesday that 5,000 customers have paid $5,000 to pre-order the first electric Ocean SUVs produced by the company, and confirmed a November production launch of the vehicles. “We are delighted to announce that the 5,000 limited edition Fisker Ocean One pre-order units are completely sold out,” Chief Executive Henrik Fisker […]
Fortinet Inc. FTNT, +4.16% shares fell in the extended session Wednesday after some of the cybersecurity company’s outlook slipped below the Wall Street consensus following a slight beat. Fortinet shares dropped 11% after hours, following a 4.2% rise in the regular session to close at $62.88. The company reported second-quarter net income of $173.5 million, […]
Fastly Inc. FSLY, +7.31% shares declined in the extended session Wednesday after the cloud-software company forecast a weaker-than-expected outlook and announced a new chief executive. Fastly shares declined 4% after hours, following a 7.3% rise in the regular session to close at $13.21. The company reported a second-quarter loss of $69 million, or 14 cents […]
Howard Hughes Corp. HHC, +1.68% shares rallied in the extended session Wednesday after the real-estate manager reported a surprise profit. Howard Hughes shares surged more than 15% after hours, following a 1.7% rise in the regular session to close at $69.80. The company reported second-quarter net income of $21.6 million, or 42 cents a share, […]
U.S. stocks booked powerful gains Wednesday, with the Dow sweeping to its best day in a week, as investors focus on bright spots in second-quarter corporate earnings. The blue-chip Dow Jones Industrial Average DJIA, +1.29% powered almost 500 points higher, or 1.5%, ending near 32,888, which was its best daily percentage gain since July 27, […]
Gold prices finished lower on Wednesday, ending the longest streak of gains for the precious metal since April, as some traders reconsidered the odds of a pivot by the Federal Reserve away from its aggressive rate-hiking stance. December gold GCZ22, -0.69% GC00, -0.69% fell $13.30, or 0.7%, to settle at $1,776.40 an ounce on Comex, […]
Facebook parent Meta Platforms Inc. META, +5.59% has reportedly asked banks to look into demand for a potential corporate bond sale — what would be the tech giant’s first, according to a Bloomberg News report. Per the Bloomberg report, the company has reportedly asked Morgan Stanley MS, +1.86%, JPMorgan Chase & Co. JPM, +0.76%, Bank […]
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 […]