Tag: NASDAQ:EA
-
Reddit Rises 15% After First Quarterly Report, Upstart and Twilio Plunge Due to Weak Q2 Forecast, and More in Earnings
Reddit (NYSE:RDDT) – Shares of the social media company rose 15% in pre-market trading due to better-than-expected quarterly earnings in its first report since the company went public in March. Reddit generated revenue of $243 million, surpassing the $212.8 million expected by FactSet analysts. The loss per share was $8.19, which may not be directly…
-
Shares of WW International Plummet after Oprah Exits, EA Announces Workforce Reduction and Restructuring Plan, and Latest News
WW International (NASDAQ:WW) – Weight Watchers’ shares plummeted 22% in pre-market trading after Oprah Winfrey announced her departure from the board and the donation of her shares to the African American cause. The decision comes as companies, including WW, explore weight loss drugs. Winfrey previously revealed using such medications. Electronic Arts (NASDAQ:EA) – Electronic Arts…
-
Walmart’s Stock Split, Elon Musk’s Billion-Dollar Package Revoked, and More
Walmart (NYSE:WMT) – Walmart announced a 3-for-1 stock split as part of its review of trading levels and spread. This will increase the shares in circulation to approximately 8.1 billion, with distribution after the close on February 23. Tesla (NASDAQ:TSLA) – Elon Musk’s $55 billion compensation package at Tesla Inc. was voided by a Delaware…
-
U.S. Futures Dip Ahead of Housing, Employment Data, Oil Prices Slightly Up
U.S. index futures are down in Tuesday’s pre-market as investors await today’s data on housing, employment, and consumer confidence, anticipating tomorrow’s monetary policy announcement. At 6:03 AM, Dow Jones futures (DOWI:DJI) dropped 56 points, or 0.15%. S&P 500 futures fell 0.12%, and Nasdaq-100 futures declined by 0.07%. The yield on 10-year Treasury notes was at…
-
Wednesday’s Wall Street Highlights: Amazon, Costco, Sirius XM, Electronic Arts, Peloton, and more
US Index Futures are trending upward on Wednesday, reflecting the possibility of new stimuli in China and a temporary agreement to maintain U.S. government funding, with Wall Street aiming to recover from significant declines in the previous session. As of 06:55, Dow Jones futures (DOWI:DJI) rose 88 points, or 0.26%. S&P 500 futures increased by…
-
Wednesday’s Wall Street Highlights: CVS Health, Starbucks, Freshworks, EA, AMD and more
US index futures are down in premarket trading on Wednesday, as the downgrade of US credit ratings by Fitch Ratings ended up weighing on investor sentiment. By 7:17 AM, Dow Jones futures (DOWI:DJI) were down 110 points, or 0.31%. S&P 500 futures were down 0.49%, while Nasdaq-100 futures were down -0.73%. The 10-year Treasury yield was at…
-
Wednesday’s Wall Street Highlights: MSG Entertainment, FedEx, Tesla, Hewlett Packard and more
US Index Futures were lower in premarket trading on Wednesday, weighed down by investors’ caution in anticipation of Powell’s speech, scheduled to begin at 10:00 AM. Powell will be able to clarify, to investors, the outlook for monetary policy in the second half of this year, after saying, the previous week, that Fed members foresee further…
-
Wall Street Highlights for Wednesday: CPI, Airbnb, Twilio, Alphabet, Upstart and more
US Index Futures reversed higher after the latest inflation reading. Dow Jones futures were up 0.2%, while S&P 500 and Nasdaq-100 futures were up more than 0.3% each. The consumer price index, which measures the cost of a wide range of goods and services, rose 0.4% in April, despite more than a year of Federal Reserve…
-
Meta May Ban Political Ads, Real Estate Valuations Plummet
European Stocks Rally European stocks rose, following a rally on Wall Street that saw the tech-heavy Nasdaq 100 rise to a bull market, as investors bet that interest rates have peaked and bank instability will ease. The Stoxx Europe 600 Index was led by technology, real estate, and retail shares, with Hennes & Mauritz AB…