Tag: Marketwatch
Stocks fell Thursday, but finished well off session lows as investors weighed the size and scope of expected rate hikes and assessed downbeat earnings from JPMorgan Chase & Co. and Wells Fargo. The Dow Jones Industrial Average fell around 143 points, or 0.5%, to finish near 30,630, according to preliminary figures, while the S&P 500 […]
The outage that hit Twitter Inc. TWTR, -1.25% on Thursday morning was caused by a problem with the social media platform’s internal systems. The outage started just before 8:00 am ET, according to the Downdetector website, which tracks outages and visitors to Twitter saw an “error” message. By 9:03 a.m. ET the platform was back […]
Shares of 10x Genomics Inc. TXG, -7.74% fell in the extended session Thursday after the biotech company said it expects second-quarter revenue to come in below Wall Street expectations. 10x Genomics shares dropped 15% after hours, following a 7.7% drop in the regular session to close at $43.29. The company said it expects second-quarter revenue […]
Pinterest Inc.’s stock PINS, -4.62% popped 19% in extended trading Thursday following a report that activist investor Elliott Management Corp. has built a stake of more than 9% in the social-media company. The investment could make Elliott the biggest stakeholder in Pinterest, according to the Wall Street Journal report. Pinterest was not immediately available for […]
Codexis Inc. CDXS, -4.74% shares fell in the extended session Thursday after the biotech company lowered its revenue forecast for the year and said that sales from Pfizer Inc. PFE, -0.77% would come in at the low end of an expected range. Codexis shares dropped more than 20% after hours, following a 4.7% decline in […]
Published: July 14, 2022 at 2:30 p.m. ET Shares of Costco Wholesale Corp. rallied 3.7% in afternoon trading Thursday, enough the pace the S&P 500’s gainers, after Deutsche Bank upgraded the membership-based warehouse retailer, as recent upbeat monthly sales data supported a bullish stance. The stock, which was on track to close at a two-month […]
Oil futures declined on Thursday, with U.S. benchmark crude prices marking their lowest settlement since April. “Concerns about faltering demand are beginning to overtake supply worries linked to the Russia-Ukraine war and that is putting pressure on energy futures markets this week,” said Tyler Richey, co-editor at Sevens Report Research, told MarketWatch. West Texas Intermediate […]
Published: July 14, 2022 at 11:56 a.m. ET The U.S.-listed shares of Alibaba Group Holding Ltd. dropped 4.3% in midday trading Thursday, after The Wall Street Journal reported that Shanghai authorities called in the ecommerce giant’s cloud division for talks regarding the theft of a large police database earlier this month. The WSJ report said […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies rose by 58 billion cubic feet for the week ended July 8. That compared to an average forecast for an increase of 61 billion cubic feet from analysts polled by S&P Global Commodity Insights. Total working gas stocks in storage stand at 2.369 […]
Read Next Day one of Amazon Prime Day was the biggest U.S. online shopping day of 2022 so far The first day of Amazon undefined Prime Day generated $6 billion in sales, up 7.8% from last year, making it the biggest U.S. online shopping day of 2022 so far, according to the Adobe undefined Digital […]