In this article FSLY DASH The board game Monopoly by toymaker Hasbro at a toy store in New York City. Getty Images Check out the companies making headlines in midday trading Thursday. DoorDash — Shares of DoorDash jumped more than 11% after the food delivery company’s quarterly revenue turned out better than expected. DoorDash reported
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The Roku 3 television streaming player menu is shown on a television in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013. Patrick T. Fallon | Bloomberg via Getty Images Check out the companies making headlines after the bell: Roku — Shares of video-streaming company dropped 12% in extended trading after the firm’s fourth-quarter revenue missed
In this article SHAK DKNG ROKU BLMN DE DBX Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss and revenue that beat estimates. DraftKings projects a wider-than-expected adjusted loss for the full year as costs continue to
An investor sits in front of a board showing stock information at a brokerage office in Beijing, China. Thomas Peter | Reuters BEIJING — If U.S. regulation forces Chinese companies to delist from New York, new rules from Beijing further complicates their path to raising money in public markets abroad. Since Tuesday, new rules from
A view of the Marriner S. Eccles Federal Reserve building on January 26, 2022 in Washington, DC. Anna Moneymaker | Getty Images Federal Reserve officials won’t be able to trade a slew of assets including stocks and bonds — as well as cryptocurrencies — under new rules that became formal Friday. Following up on regulations
In this article SPCE ROKU BLMN DLTR SHAK Scott Olson Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ forecasts. Roku also issued a weaker-than-expected outlook due to higher component prices and supply
The Great Hall of the People is seen after the closing meeting of the fourth session of the 13th National People’s Congress (NPC) on March 11, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — Chinese President Xi Jinping told top leaders to speed up work on new laws for
Traders on the floor of the NYSE, Feb. 17, 2022. Source: NYSE Stock futures were flat in overnight trading Thursday following the Dow Jones Industrial Average’s worst day of 2022 as investors dumped risk assets amid geopolitical concerns. Futures on the blue-chip Dow were up by 30 point. S&P 500 futures and Nasdaq 100 futures
James Bullard Olivia Michael | CNBC NEW YORK — St. Louis Federal Reserve President James Bullard cautioned Thursday that without central bank action on interest rates, inflation could become an even more serious problem. “We’re at more risk now than we’ve been in a generation that this could get out of control,” he said during
In this article V AMZN Visa payment cards laid out on a computer keyboard. Matt Cardy | Getty Images Amazon has reached a global agreement with Visa to settle a dispute over the credit card giant’s fees. The deal means Amazon customers in the U.K. can continue using Visa credit cards, as previously announced by
A public screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai, China, on Monday, Feb. 7, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — International investors are putting more money into Chinese stocks, even as local investors have remained cautious on the mainland markets. Mainland Chinese stock funds
In this article GSBD Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., February 15, 2022. Brendan McDermid | Reuters (Click here to subscribe to the new Delivering Alpha newsletter.) Alpha generation is poised to return to the asset management industry as growth will be significantly less concentrated in
U.S. stock index futures were slightly lower during overnight trading Tuesday, after registering gains on the session amid signs of tensions easing between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average shed 39 points. S&P 500 futures were down 0.16%, while Nasdaq 100 futures dipped 0.2%. The major averages advanced during
A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, as the country is hit by an outbreak of a new coronavirus, February 3, 2020. Aly Song | Reuters BEIJING — More and more international investment analysts say it’s time to buy mainland Chinese stocks,
The logo of MoneyGram seen at a sore in San Ramon, California, on March 26, 2019. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. MoneyGram International — The global remittance company’s shares surged by almost 19% following news that the private equity firm Madison Dearborn Partners will
An attendee takes a selfie as she experiences an ‘extreme sumarine 4D simulation’ with immersive VR by SK telecom during the second day of the annual Mobile World Congress. Matthias Oesterle | Corbis News | Getty Images Metaverse exchange-traded funds are booming in South Korea as retail investors buy into funds focused on tech’s new
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures rose slightly Monday night, as traders kept an eye on simmering tensions between Russia and Ukraine while weighing the potential impact of tighter monetary policy from the Federal Reserve. Futures tied to the Dow Jones Industrial Average climbed 34 points,
In this article SPLK CSCO Weber, which plans to trade on the New York Stock Exchange under the ticker ‘WEBR’ could be valued between $4 billion and $6 billion. Scott Olson | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Weber – Shares of the grill maker tumbled
Singapore’s largest lender DBS Group reported a record full-year profit for 2021, and its CEO Piyush Gupta told CNBC last year was “one of the best years” he’s seen. “That has been a solid year, perhaps one of the best years I’ve seen in a long time. And that includes a very robust growth in
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, January 18, 2022. Brendan McDermid | Reuters Stock futures dipped slightly Sunday evening as investors continued to monitor the developing tension between Ukraine and Russia and potential Fed rate hikes. Futures tied to the Dow Jones Industrial Average inched