Market Insider

Traders work the floor of the New York Stock Exchange. NYSE Stocks head into the week ahead with a tailwind, as investors focus on a hefty fiscal stimulus package and the solid earnings season against a backdrop of rising interest rates. There are several dozen S&P 500 companies reporting earnings, including Coca-Cola, Pepsico, Cisco and
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Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton doubled consensus estimates in reporting quarterly profit of 18 cents per share, and the fitness equipment maker’s revenue came in above estimates as well. Peloton will be incurring extra costs in the near term, however, to reduce shipping delays
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The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: eBay — Shares of the online marketplace rose 8.5% in after-hours trading after the company reported fourth-quarter earnings and revenues that topped analysts’ expectations. eBay posted adjusted per-share
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Take a look at some of the biggest movers in the premarket: Spotify (SPOT) – The music streaming service reported a wider-than-expected quarterly loss, although its revenue did beat analyst forecasts. The number of premium subscribers jumped by 24% to a better-than-expected 155 million. The stock fell 7% in premarket trading as of 7:32 a.m.
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Take a look at some of the biggest movers in the premarket: Otis Worldwide (OTIS) – The world’s biggest producer of escalators and elevators reported quarterly earnings of 66 cents per share, 7 cents a share above estimates. Revenue came in above estimates as well and Otis issued a better-than-expected earnings forecast for 2021. Otis
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Some market pros see the frenzied short squeezes in Gamestop and other stocks as signs of a bubble brewing, but the Federal Reserve doesn’t seem to and for that reason investors expect asset prices could continue to rise. Fed Chairman Jerome Powell, at his post meeting briefing Wednesday, was asked about the potential of Fed
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Daniel Acker | Bloomberg | Getty Images These stocks are making some of the largest moves in midday trading: Mondelez International — Mondelez, which owns snack brands including Oreo and Ritz, dipped 2% despite reporting better-than-expected earnings. Modelez earned 67 cents per share, topping estimates by one cent, according to Refinitiv. Revenue came in at
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Take a look at some of the biggest movers in the premarket: Biogen (BIIB) – The drugmaker’s shares jumped nearly 12% premarket on news that the Food and Drug Administration has extended the review period by three months for its experimental Alzheimer’s treatment aducanumab. Biogen is providing additional data to the FDA as part of
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Take a look at some of the biggest movers in the premarket: American Airlines (AAL) – American’s stock is surging more than 60% in premarket trading after a better-than-expected fourth quarter. The airline lost $3.86 per share, less than the anticipated loss of $4.11, and revenue came in above analyst forecasts. American did post an
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