Icahn Enterprises LP’s stock fell more than 9% early Friday, after a report that Carl Icahn’s investing arm is planning to cut its dividend to help raise the funds to expand his stake in portfolio company CVR Energy
Analysts at Vanda Research, who track retail stock-market activity, found buying relatively muted compared to the gains in the stock market.
Sony shares rose in premarket trade Friday after the company reported booming profit growth in the fiscal second quarter.
“Our family trust is a couple of decades old and needs revision.”
Bond yields fell as a calmer tone returned to the Treasury market after traders absorbed the re-election of Donald Trump and a Fed rate cut
Futures on Hong Kong-listed stocks slumped on Friday after the country unveiled its stimulus program.
Loan volumes picked up 43% on a sequential basis.
The parent company of Square and the Cash App expects to keep expanding operating margins into 2025.
Airbnb Inc. on Thursday reported third-quarter sales and other demand metrics that were above Wall Street’s estimates, and the lodging platform said it was “seeing strong demand trends” for the fourth quarter despite a sales outlook that didn’t totally clear analysts’ expectations.
Investors rushed into exchange-funds after Donald Trump won the race to become the 47th president of the U.S., particularly seeking exposure to the country’s stock market.
Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with car buyers and dealers in the U.S. and internationally.
Cheap stocks, higher yields and other postelection portfolio moves to consider.
Brokerages that offer overnight and 24-hour trading saw a surge in volume on the night of the U.S. election.
Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment geared toward businesses.
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.
DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.
Pinterest Inc.’s stock tumbled 14% in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat.
Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform.
The company is seeing more of its business shift toward interest-bearing products.
The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.
