Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more

Norwegian Cruise Line, Micron Technology, Signet Jewelers, Novavax and more

A view of the Norwegian Encore cruise ship during its maiden departure from PortMiami, which took place November 21-24, 2019. Orlando Sentinel | Tribune News Service | Getty Images Find out which companies are making headlines in the midday business. Norwegian Cruise Line – Shares fell nearly 12% on Tuesday after the company reported second-quarter … Read more

Novavax, GoodRx, Allbirds and more

Novavax, GoodRx, Allbirds and more

Take a look at some of the biggest pre-market movers: Novavax (NVAX) – The drugmaker’s stock fell 32.3% in premarket after posting an unexpected quarterly loss and halving its full-year revenue forecast. Novavax said it did not expect further U.S. sales of its Covid-19 vaccine this year amid weak demand and a glut of supply. … Read more

Stock futures rise slightly as Wall Street awaits inflation data

Stock futures rise slightly as Wall Street awaits inflation data

Traders on the floor of the NYSE, August 1, 2022. Source: NYSE U.S. stock futures edged higher on Tuesday morning after Wall Street weighed the outlook for chip stocks, and anticipated more earnings results and inflation data that will determine the pace of future rate hikes of interest. Dow Jones Industrial Average futures added 62 … Read more

Stocks make the biggest moves after hours: Novavax, Allbirds and more

Stocks make the biggest moves after hours: Novavax, Allbirds and more

A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of the Novavax logo displayed in this illustration taken October 30, 2020. Given Ruvic | Reuters Find out which businesses are making headlines after hours. Novavax – The biotech stock fell 32% after Novavax cut its … Read more

Bed Bath & Beyond, AMC and more

Bed Bath & Beyond, AMC and more

An AMC theater is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S. January 27, 2021. Carlos Allegri | Reuters Find out which companies are making headlines in the midday business. Bed Bath & Beyond, AMC — Shares jumped 41% and 13% respectively as social media … Read more

Consumer expectations for future inflation have fallen significantly in favor of the Federal Reserve

Consumer expectations for future inflation have fallen significantly in favor of the Federal Reserve

Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty Images The outlook for consumer inflation fell significantly in July amid sharp declines in gasoline prices and growing belief that rapid increases in food and housing would also decline in the future. The New York … Read more

Stock futures rise after S&P 500’s third straight winning week

Stock futures rise after S&P 500’s third straight winning week

Stock futures rose Monday morning after the S&P 500’s third consecutive weekly gain, as investors focused on a key inflation report this week. Dow Jones Industrial Average futures gained 139 points or 0.4%. S&P 500 and Nasdaq 100 futures rose 0.5% and 0.6% respectively. Monday’s gain followed a weekly rise in the S&P 500 and … Read more

Palantir, Signify Health, Global Blood Therapeutics and more

Palantir, Signify Health, Global Blood Therapeutics and more

Take a look at some of the biggest pre-market movers: Palantir (PLTR) – The data analytics company’s stock plunged 15.6% in premarket trading after announcing an unexpected quarterly loss and lowering its full-year forecast due to the uncertain timing of certain government contracts. Signify Health (SGFY) – CVS Health (CVS) is planning a bid for … Read more

Stocks are generally lower after the US jobs report

Stocks are generally lower after the US jobs report

CNBC Pro Stock Picks and Investing Trends: The South Korean Kospi fell slightly and the Kosdaq lost 0.31%. Chipmaker SK Hynix fell 2.74% on Monday after the Korea Herald reported that a South Korean city, Yeoju, wanted more compensation in exchange for letting the company build pipes to transport huge quantities of water to its … Read more

Fed Governor Bowman expects ‘similar sized’ rate hikes after three-quarter point moves

Fed Governor Bowman expects ‘similar sized’ rate hikes after three-quarter point moves

Federal Reserve Bank Governor Michelle Bowman delivers her first public address as a federal policymaker at an American Bankers Association conference in San Diego, California, February 11, 2019. Ann Sapphire | Reuters Federal Reserve Governor Michelle Bowman said on Saturday she supported the central bank’s recent large interest rate hikes and believed they would continue … Read more