Carvana, First Solar, Generac and more

Carvana, First Solar, Generac and more

Take a look at some of the biggest movers in the premarket: Carvana (CVNA) – Carvana was downgraded to “sector perform” from “outperform” at RBC Capital Markets, with the price target for the online car seller’s stock cut to $138 per share from $155 per share. RBC bases its call both on valuation and potential … Read more

Stock futures bounce as investors assess start of new quarter, bond market recession indicator

Stock futures bounce as investors assess start of new quarter, bond market recession indicator

Stock futures rose early Thursday as investors assessed a new quarter of trading and a troublesome bond market recession indicator. Investors were also awaiting the official jobs report for March, which the Labor Department will release at 8:30 am ET on Friday. Dow futures gained 91 points, or 0.3%. S&P 500 futures added 0.2% and … Read more

2-year Treasury yield tops 10-year rate, a ‘yield curve’ inversion that could signal a recession

2-year Treasury yield tops 10-year rate, a 'yield curve' inversion that could signal a recession

Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, March 7, 2022. andrew kelly | Reuters The 2-year and 10-year Treasury yields inverted for the first time since 2019 on Thursday, sending a possible warning signal that a recession could be on the horizon. The bond … Read more

Walgreens, Baidu, Novavax and others

Walgreens, Baidu, Novavax and others

Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator reported an adjusted quarterly profit of $1.59 per share, 19 cents above estimates, with revenue also topping Wall Street forecasts. Comparable pharmacy sales rose 7.3%, helped by demand for Covid vaccines. Walgreens shares initially rose in the premarket but … Read more

Robinhood, Chewy, HR, Lululemon and more

Robinhood, Chewy, HR, Lululemon and more

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, US, July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Robinhood — Shares of the stock-trading app fell 5.8% … Read more

Robinhood, Chewy, HR, Lululemon and more

Robinhood, Chewy, HR, Lululemon and more

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, US, July 29, 2021. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Robinhood — Shares of the stock-trading app fell 5.8% … Read more

BioNTech, Five Below, Lululemon and others

BioNTech, Five Below, Lululemon and others

Check out the companies making headlines before the bell: BioNTech (BNTX) – The drug maker’s shares jumped 5.9% in the premarket after reporting significantly better-than-expected revenue and profit for the fourth quarter. BioNTech also reiterated its prior vaccine revenue guidance for 2022. Five Below (FIVE) – The discount retailer’s stock slide 3.4% in premarket trading … Read more

GameStop, Uber, Nielsen Holdings and more

GameStop, Uber, Nielsen Holdings and more

A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. GameStop — Shares of the video game retailer dropped 6% on huge trading volume. More than 8 million shares … Read more

Nielsen Holdings, FedEx, LHC Group and more

Nielsen Holdings, FedEx, LHC Group and more

Take a look at some of the biggest movers in the premarket: Nielsen Holdings (NLSN) – The TV ratings company’s stock surged 20.9% in the premarket after it agreed to be acquired by a private-equity consortium for $28 per share. The deal is worth $16 billion, including assumed debt. FedEx (FDX) – FedEx CEO Fred … Read more

Tesla, Beyond Meat, Coinbase and more

Tesla, Beyond Meat, Coinbase and more

Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla will ask shareholders to authorize the issuance of additional shares at the upcoming annual meeting so it can pay a stock dividend, according to a company tweet. The additional shares would enable the company to split its stock. Tesla … Read more