View of the branches of the Italian bank Monte deo Paschi in Rome. Nurphoto | Nurphoto | Getty Images By late spring, Italy’s banking world was swept up in a storm of convoluted takeover bids and counterbids involving a swathe of the country’s major lenders. Three months later, only one high-profile bid is still standing….
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares rose 15% in extended trading on Thursday after the provider of buy now, pay later…
Check out the companies making headlines in extended trading. Ulta Beauty — The cosmetics and beauty products retailer surged about 6% after raising its full-year earnings and revenue forecast. Ulta expects full-year revenue of $12 billion to $12.1 billion, above the $11.7 billion estimate from analysts polled by LSEG. Ulta expects full-year earnings of $23.85…
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022. Ting Shen | Bloomberg | Getty Images Federal Reserve Governor Lisa Cook’s lawsuit against Donald Trump challenges his ability to remove her from office, but only briefly addresses the central…
Check out the companies making headlines in midday trading: Nvidia — The graphics processing unit manufacturer slipped more than 1% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Hormel — The food company’s stock fell more than 13% to a…
Check out the companies making headlines before the bell. Nvidia — The graphics processing unit manufacturer slipped nearly 2% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Other chip stocks such as Taiwan Semiconductor, ASML, Advanced Micro Devices and Microchip…
Check out the companies making headlines in after-hours trading. Nvidia – Shares of the chip giant fell more than 3%. The company’s second-quarter results beat on the top and bottom lines, posting adjusted earnings of $1.05 per share and $46.74 billion in revenue. That’s compared with the $1.01 per share and $46.06 billion, respectively, that…
Check out the companies making headlines before the bell: MongoDB — The database platform developer soared 30% after its latest results beat Wall Street analysts’ estimates. MongoDB reported adjusted earnings of $1 per share on revenue of $591 million, above the consensus as compiled by LSEG of 66 cents per share on revenue of $556…
Visitors and salesmen stand at the booth of Swiss luxury watchmaker and jeweler Piaget, during the “Watches and Wonders Geneva” luxury watch fair, on April 1, 2025. Fabrice Coffrini | Afp | Getty Images Jamie and her husband are traveling to Switzerland in December for a ski vacation. But hitting the slopes isn’t the only…
Check out the companies making the biggest moves midday: Paramount Skydance — The media stock lost more than 5%, marking its fourth straight day of losses, as the parent company of CBS continued to give back some of its sharp August gains. J.M. Smucker — The maker of Cafe Bustelo coffee and Jif peanut butter…