Tag: Stocks

Boeing’s stock dropped 4% as factory workers went on strike, impacting the production of various aircraft models. Oracle saw a 6% increase in shares after raising its revenue forecast for

Alaska Air Group saw a 5% increase in shares after raising its third-quarter outlook due to strong summer demand. The airline now expects earnings per share to be between $2.15

Shares of Adobe tumbled more than 10% after the company provided weaker-than-expected guidance for its fiscal fourth quarter. The software company projected revenue between $5.50 billion and $5.55 billion, falling

Shares of Kroger, the supermarket chain, surged over 4% in midday trading following the release of their mixed fiscal second-quarter results. Despite revenue falling short of expectations, Kroger reported adjusted

Ajit Jain, Warren Buffett’s insurance chief and top executive, recently sold more than half of his stake in Berkshire Hathaway, according to a new regulatory filing. The 73-year-old vice chairman

Ally Financial shares dropped by 17.6% after the CFO mentioned increased credit challenges in the third quarter, particularly in auto loans for retail customers. On the positive side, Mission Produce

September has been a tumultuous month, adding complexity to the Big Tech trade. However, one low-volatility ETF remains optimistic about this sector. Alliance Bernstein is the force behind the AB

GameStop reported mixed second-quarter results, with revenue dropping to $798 million from $1.16 billion a year ago. Despite the revenue decline, the company’s net income rose to 4 cents per

Several companies saw significant movement in midday trading. Trump Media & Technology experienced a more than 13% drop following a debate between major shareholder former President Donald Trump and Democratic

U.S. bank Stocks saw a decline in early trading today due to concerns about a slower-than-expected recovery in investment banking and the impact of impending rate cuts on interest income.