Shares rose roughly 3% in premarket trading. 8:18 p.m. 22:45:55, July 14, 2023 Wall Street takes a breath ahead of earnings People walk past the New York Stock Exchange on Wall Street on July 11. NDZ/Star Max/IPx/AP After four straight days of gains, stock futures started the...
American Airlines stock fell 7% in premarket trading after the company lowered its outlook for revenue in the fourth quarter. It’s the latest airline to warn that the end of last year wasn’t as good as it hoped. Last week, Delta Air Lines (DAL) cut its guidance on fourth quarter fa...
Intel(INTC) sharessunk 8% in premarket tradingafter it slashed its full-year revenue forecast and issued a warning on its sales in China. Intel CEO Robert Swan said in an earnings call Thursday that “China headwinds have increased, leading to a more cautious IT spending environment.” He ad...
Lennar, the nation’s second largest home builder, saidsales are slowing because of higher home prices and rising mortgage rates. The company said in itsfourth-quarter earnings reportthat it experienced weaker-than-expected sales.Shares are flatin premarket trading. Here’s more from CNN Business...
Shares areup 20%in premarket trading. 7:01 p.m. 19:43:22, March 13, 2019 T-Mobile and Sprint head to Congress for the second day From CNN Business' Ivana Kottasová T-Mobile (TMUS) CEO John Legere and Sprint (S) CEO Michel Combes will testify before the US House Judiciary subcommit...
Shares of eBay (EBAY) soared more than 12% in premarket trading after activist hedge fund Elliott Management said it wants to break up the company. In a letter to shareholders, Elliot outlined a five-point plan to help boost eBay’s value including spinning off ticket reseller StubHub. It...
Economists had expected quarterly growth to come in at 0.9% and for annual gains to slow to 4%, according to FactSet consensus estimates. US stocks fell on the news, with Dow futures down by around 185 points, or 0.5%, in premarket trading Tuesday. Futures were lower by...
Dow (INDU) futures had plunged more than 400 points, or 1.5%, after Trump prematurely claimed victory and said he would go to court to prevent legitimate votes from being counted. Stocks later pared back losses but remain jumpy in premarket trading. ...
Shares of Raytheon(RTN)are tracking 2.8% higher in premarket trading, while stock of United Technologies(UTX)could leap 5%. In other deal news: UK travel business Thomas Cook said Monday that it’s looking at selling its tour operator business to China’s Fosun. Thomas Cook shares in London...
Shares of WBD fell 5% in premarket trading on the news. 9:12 p.m. 3:05:13, May 5, 2023 The Fed is losing its battle against the strong US economy From CNN's David Goldman To combat high inflation, the Fed is looking to slow down the US economy. In some respects it’s bee...