Check out the companies making headlines in after-hours trading. Netflix — The streamer dropped more than 4% after it missed Wall Street’s earnings estimates . For the third quarter, Netflix reported adjusted earnings of $5.87 per share. Analysts polled by LSEG expected $6.97 per share in profit. The company’s revenue of $11.51 billion for the…
Lauren Taylor Wolfe, co-founder of activist investment firm Impactive Capital, said the surge in enthusiasm around artificial intelligence has all the markings of a bubble. “We are absolutely in an AI bubble now. It is going to burst,” she said on CNBC’s “Squawk on the Street” Tuesday to David Faber. “I don’t know when, I…
In this photo illustration, Beyond Meat’s Beyond Burgers are shown on February 29, 2024 in Chicago, Illinois. Scott Olson | Getty Images Beyond Meat has regained a bit of its meme mojo status, surging 83% on Tuesday. The food company known for its plant-based meat alternatives is having an incredible week, with shares surging more…
Check out the companies making the biggest moves midday: Warner Bros Discovery —The HBO and CNN owner surged more than 12% after saying it was open to a sale . The WBD board ” will evaluate a broad range of strategic options ,” from pursuing a planned separation of the company by mid-2026, a sale…
Check out the companies making the biggest moves in premarket trading: General Motors — The Detroit automaker jumped 10.5% after raising its full-year guidance and posting an earnings beat. GM earned an adjusted $2.80 per share its third quarter, versus the $2.31 a share expected from analysts polled by LSEG. Revenue was $48.59 billion, compared…
These are some of the stocks posting the largest moves midday. Source link
Barry Rosenstein, founder of JANA Partners. Adam Jeffery | CNBC Stock Chart IconStock chart icon Cooper Companies Monday The hedge fund, founded by Barry Rosenstein and known for pressuring companies to make changes that enhance shareholder value, also intends to urge Cooper to improve how it allocates capital in order to boost returns, said the…
Check out the companies making headlines before the bell. Cleveland-Cliffs — Shares jumped 10.5% as the steel company posted its third-quarter results. Cleveland-Cliffs reported adjusted EBITDA of $143 million, topping a FactSet estimate of $127.9 million. The company also issued capital expenditures guidance of around $525 million for the year, less than a prior forecast…
China Shipping containers are seen at the port of Oakland as trade tensions continue over U.S. tariffs with China, in Oakland, California, on May 12, 2025. Carlos Barria | Reuters BEIJING — China’s economy likely slowed in the third quarter, with official data due Monday expected to confirm weaker growth, according to analysts polled by…
As U.S.-China tensions escalate and overall market volatility rises, investment strategists expect Chinese stocks will hold up as the country doubles down on tech development. “For now I think as long as people’s sentiment on [the] U.S. is slightly positive, sentiment on China will continue to be positive,” said Liqian Ren, leader of quantitative investment…