An attendee tries out a Electronic Arts video game during the annual Studio Showcase media event at the company’s headquarters in Redwood City, California. Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Unity Software — The stock plunged more than 33% after the video game software company posted revenue below expectations. Unity …
Check out the companies making headlines before the bell: Wendy’s (WEN) –Wendy’s reported adjusted profit of 17 cents per share, 1 cent below estimates, with revenue and same-store sales also missing analyst forecasts. The restaurant chain is seeing a negative impact from higher costs for supplies and labor, and its shares slid 3.4% in premarket trading. Krispy Kreme (DNUT) – …
CNBC’s Jim Cramer said Friday that enduring the current market is a waiting game for a rally — and investors need to be prepared for when that happens. “Your portfolio should be split among some cash and some stocks that can thrive in a recession. … You need to accept the fact that we’re simply trying to stay in the …
After a week of extraordinary turbulence, stocks are likely to remain volatile as investors await fresh data on inflation and watch the course of bond yields. The big report for markets is Wednesday’s April consumer price index. Economists expect a high inflation reading, but it should moderate from the 8.5% year-over-year pace of March. A second inflation report, the producer …
Here are the biggest calls on Wall Street on Source link
Take a look at some of the biggest movers in the premarket: Twitter (TWTR) – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to prevent Tesla (TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share bid for Twitter last week. …
History shows that dine-in restaurants, like Olive Garden’s parent Darden, outperform when oil prices surge, the firm found. Source link
Here are the biggest calls on Wall Street on Source link
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022. Brendan McDermid | Reuters Federal Reserve Chairman Jerome Powell testifies before Congress in the week ahead, and markets will hang on what he says regarding how the Ukraine conflict could impact Fed policy. Powell will deliver his testimony on the …
A pedestrian walks past a Tim Hortons restaurant. Ben Nelms | Bloomberg | Getty Images Tim Hortons is slated to open its first location in Houston this summer, signaling the Canadian coffee chain’s strategy to move further south for its next phase of U.S. expansion. The Restaurant Brands International chain has more than 600 U.S. locations, which makes it the …
