Tag: NASDAQ:MDLZ
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OpenAI and News Corp Seal Partnership, DuPont de Nemours Announces Division, and More News
News Corp (NASDAQ:NWS) – News Corp and OpenAI have established a historic partnership allowing OpenAI to use journalistic content from News Corp, including major titles like The Wall Street Journal and The Sun, to enhance OpenAI’s answers and products. News Corp’s shares rose up to 2% in pre-market trading. DuPont de Nemours (NYSE:DD) – DuPont…
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White House and SEC Diverge on FIT21, IBIT Sees Significant Inflows, and More Crypto News
BlackRock Bitcoin ETF records $290 million inflows on Tuesday On May 21, spot Bitcoin ETFs accumulated nearly $300 million in net inflows. BlackRock’s popular Bitcoin ETF (NASDAQ:IBIT) saw a significant increase in activity, with inflows of over $290 million on Tuesday, the highest daily amount since April 5. IBIT’s total holdings now exceed $19 billion,…
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Chubb Stock Soars 9% with Berkshire Acquisition, AST SpaceMobile jumps 37% on AT&T deal, and More News
Berkshire Hathaway (NYSE:BRK.A), Chubb (NYSE:CB) – Chubb’s stock increased by approximately 9.3% after Berkshire Hathaway disclosed its acquisition of nearly 26 million shares of the property and casualty insurer, representing a $6.7 billion investment. As a result, Chubb became Berkshire’s ninth-largest holding by the end of March, as recorded in a new regulatory document. Netflix…
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United Shares Surge 5.3% in Q1 2024 Earnings Beat; Take-Two Cuts 5% of Workforce, and More News
United Airlines (NASDAQ:UAL) – United Airlines forecasts an adjusted profit of between $3.75 and $4.25 per share for the June quarter. In the first quarter, it posted an adjusted loss of 15 cents per share, better than Wall Street’s estimate of a 57-cent loss per share. The company reaffirmed its earnings estimate for 2024 of…
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GameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News
GameStop (NYSE:GME) – GameStop reported $1.79 billion in revenue for the fourth quarter, which is less than the $2.23 billion earned in the same quarter of the previous year. However, the company announced an adjusted earnings per share of 22 cents, compared to the previous year’s 16 cents per share. Shares of the video game…
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Crypto: Citi Tokenizes Blockchain Funds, Robinhood’s Crypto Revenue Surges by 10%, and Latest Updates
Bitcoin recovery boosts crypto stocks in the US A recent surge of Bitcoin (COIN:BTCUSD) above $51,000 has boosted the shares of crypto companies in the US, with Coinbase (NASDAQ:COIN) and MicroStrategy (NASDAQ:MSTR) among the beneficiaries. The increase propelled BTC to a market capitalization of $1 trillion, aligning it with giants like Meta (NASDAQ:META) and Amazon…
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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…
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Thursday’s Wall Street Highlights: Intel, Toyota, Catalent, Palo Alto Networks, Cisco, and more
In Thursday’s pre-market, United States index futures show mixed behavior, influenced by positive economic data that suggest a possible end to the monetary tightening cycle by the Federal Reserve. Investors are also analyzing recent corporate earnings and the implications of the meeting between Joe Biden and Xi Jinping for the markets. At 6:28 am, Dow…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Don’t Trade Without Seeing The Orderbook Here are some of the biggest premarket U.S. stock movers today: NetScout Systems Inc (NASDAQ:NTCT) tumbled about -23% in pre-market trading after the company cut its FY24 guidance. Dollar Tree Inc (NASDAQ:DLTR) gained more than +2% in pre-market trading after Goldman Sachs upgraded the stock to Buy from Neutral.…
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Keep An Eye Out: Pre-Market Movers And Recommendations
Don’t Trade Without Seeing The Orderbook Blackstone (NYSE:BX): BNP Paribas Exane maintains its neutral recommendation with a price target raised from $98 to $103. Cardinal Health (NYSE:CAH): Baptista Research downgrades to underperform from hold with a price target reduced from $90.10 to $78.70. Costco Wholesale (NASDAQ:COST): Raymond James maintains its outperform rating and raises the…