Find out which companies are making headlines in the midday business. Coinbase saw a 27% drop in revenue in the first quarter as usage of the platform plummeted. Chesnot | Getty Images Coinbase – Shares of the crypto services operator jumped about 6% despite the company reporting a bigger-than-expected loss on Tuesday night and declining … Read more
Check out the companies making headlines before the bell: Wendy’s (WEN) – Wendy’s shares fell 1% in premarket trading after a mixed quarter, which saw the restaurant chain report better-than-expected earnings while revenue fell short of Street forecasts. U.S. same-store sales rose 2.3%, less than analysts had estimated, as consumers spent more cautiously. Coinbase (COIN) … Read more
In this photo illustration the Coinbase logo seen displayed on a smartphone screen. Raphael Henrique | SOPA Images | Light flare | Getty Images Find out which companies are making headlines after hours trading. Coinbase – Coinbase fell more than 3.5% in after-hours trading after reporting its quarterly results. The company missed analysts’ expectations for … Read more
Washington’s efforts to rein in inflation will particularly fail this year, according to market forecaster Jim Bianco. And, he thinks this week’s key inflation data will help prove it. “I don’t see anything that could reduce the rate of inflation. There are some things that could reduce prescription drug prices and maybe a few other … Read more
Some 49% of Singaporeans say they are considering Japan for their next overseas holiday, according to market research firm YouGov. Interest may be even higher among younger citizens. Some 68% of Singaporeans aged 16 to 24 said they were considering Japan for their “next vacation”, compared to 37% of those aged 55 and over, according … Read more
Farmers harvest a wheat field near Melitopol in Ukraine. Wheat, soybean, sugar and corn futures have fallen from their March highs to prices seen in early 2022. Olga Maltseva | AFP | Getty Images According to the latest figures from the Food and Agriculture Organization of the United Nations, food prices fell significantly in July … Read 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
Wall Street’s major stock indexes gave up early gains and ended a choppy trading day with little changed on Monday. The S&P 500 and Nasdaq each slipped 0.1% after losing gains of 1% and 1.6%, respectively. The Dow Jones Industrial Average closed up 0.1%. Shares of small companies outperformed the broader market, a sign that … Read 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
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
