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Market Pulse USA NEWS. Stock Market NEWS Updated Daily

Market Pulse USA NEWS. Stock Market NEWS Updated Daily

This NEWS section covers current news for stock markets. To view latest news about specific stocks, please browse to the desired stock pages. Click one of the exchanges in the menu above and then use the search box to find your desired stock.

Market Pulse USA NEWS. Stock Market NEWS Updated Daily

: Macy’s names ex-Caesars Entertainment exec Sharon Otterman chief marketing officer

Macy’s inc. m said tuesday it has named sharon otterman as its chief marketing officer, effective dec. 11. otterman comes to the role from caesars entertainment inc. czr, where she also served as cmo and was responsible for launching the casino operator�
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-28

: Nio’s stock bounces off 3-year low, heads for first gain in 5 days

Shares of nio inc. nio bounced 0.8% off a more than three-year low in premarket trading tuesday. the china-based electric vehicle maker’s stock had dropped 7.8% amid a four-day losing streak to close monday at the lowest price since june 26, 2020. the st
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-28

: Adobe’s stock falls after U.K.’s CMA said billion Figma purchase raises competition concerns

Shares of adobe inc. adbe fell 0.6% in premarket trading tuesday, after the u.k.’s competition & markets authority said the california-based software company’s proposed billion deal to buy design tools maker figma was expected to result in a “sub
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-28

: Tesla investors brace for unveiling of Cybertruck on Thursday

Tesla inc.’s stock tsla was up 0.4% premarket, as investors braced for the unveiling this week of its much-awaited cybertruck, which should show doubters that chief executive elon musk can expand the company’s halo effect. that’s according to wedbush
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-28

: Citi Trends’ stock tumbles after apparel retailer swung to a much wider-than-expected loss, citing a ‘more selective’ customer base

Shares of citi trends inc. ctrn plunged 12.9% in premarket trading tuesday after the urban fashion apparel retailer reported that it swung to a much wider-than-expected fiscal third-quarter loss on sales that fell more than forecast, as a more selective cu
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-28

: Canada Goose acquires first European manufacturing plant in Romania, stock pops premarket

Canada goose holdings inc.’s stock goos rose 2.8% premarket tuesday, after the maker of luxury outerwear said it’s acquired it’s first manufacturing facility in europe. the plant called paola confectii is based in romania and has been a partner in ma
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-28

: Fast-fashion giant Shein files for IPO, WSJ reports

Fast-fashion giant shein has confidentially filed for a u.s. ipo that could take place next year, the wall street journal reported on monday. the company, founded in china before relocating to singapore, has tapped goldman sachs, jpmorgan chase and morgan
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Dow Jones, S&P 500 end lower, hitting pause on November rally

U.s. stocks closed lower on monday, taking a breather from a powerful rally sweeping through the stock market in november. the dow jones industrial average djia shed about 56 points, or 0.2%, to end near 35,333, according to preliminary factset data. the s
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Oil futures finish lower as traders weigh potential OPEC+ meeting outcomes

Oil futures declined on monday, but settled above the session’s lows, as traders mulled the potential outcome of a key meeting of opec+ later this week. traders will be trying to predict what sort of action will be taken at the nov. 30 meeting and the im
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: IRobot’s stock sinks after European regulators express concerns about Amazon deal

Shares of irobot corp. irbt were falling nearly 20% in monday afternoon trading after the european commission said it informed amazon.com inc. amzn that its pending deal for the maker of robot vacuum cleaners (rvcs) may harm competition. “amazon may have
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: AbbVie says FDA has granted breakthrough therapy designation to epcoritamab for a type of lymphoma

An earlier version of this article had a typo in the name of the therapy, epcoritamab. it has been corrected.abbvie inc. abbv and partner genmab said monday the u.s. food and drug administration has granted breakthrough therapy designation, or btd, to thei
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: U.S. stocks open lower as rally pauses after 4-week winning streak

U.s. stocks opened marginally lower on monday following a torrid four-week winning streak that has left the s&p 500 up more than 8.5% since the start of november, according to factset data. the s&p 500 spx was off by 8 points, or 0.1%, at 4,550 shortly aft
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Electric-vehicle truck maker Lion Electric Co. cutting 150 jobs

The lion electric co.’s stock lev fell 5% on monday in premarket trading after it said it will reduce its work force by 150 people or 10% of its total head count to cut costs and move toward profitability. the job cuts come from the ev truck maker’s pr
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: iHeartMedia ‘s stock rises as company sets gain from BMI sale

Iheartmedia inc.’s stock ihrt rose 4% in premarket trading on monday after the media company said it would book a 0 million in proceeds for its equity interest in broadcast music inc. (bmi) as part of the sale of bmi to a shareholder group led by new
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Roivant Sciences shares drop as lupus treatment misses trial goal

Roivant sciences ltd. shares roiv fell 3% premarket on monday after the company said the experimental treatment brepocitinib failed to meet its main goal in a trial involving patients with moderate to severe lupus. due to the high placebo response rate see
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Kraft Heinz board approves billion share buyback program

Kraft heinz co.’s khc board has approved a share buyback program of up to billion, the company said monday. the news comes after the food company met its net leverage target of about 3.0times in the third quarter. “a stronger balance sheet, along wi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Crown Castle’s stock climbs after activist investor calls for leadership change given ‘breathtaking’ underperformance

Shares of crown castle inc. cci climbed 5.7% toward a four-month high in premarket trading monday, after activist investor elliott investment management lp called for “significant changes,” including new executive and board leadership and a review of i
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Canadian cannabis company Cronos Group sells Peace Naturals campus for about M

Cronos group inc. ca:croncron said monday it agreed to sell its 90-acre peace naturals cannabis campus in stayner, ontario, for c million (.87 million) as part of a sale leaseback transaction with future farmco canada inc., a vertical farming busines
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: E.l.f. Beauty remains top pick at D.A. Davidson with Black Friday sales putting company on track to beat full-year consensus

E.l.f. beauty inc. elf remains d.a. davidson’s top pick and could beat consensus estimates for fiscal 2024, after the beauty brand’s point-of-sales tracked at up 43.3% in november from a year ago. that suggests consensus sales growth of about 42% is �
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Shopify’s stock shoots up toward 19-month high, fueled by strong online holiday shopping data

Shares of shopify inc. shop shot up 3.3% toward a 19-month high in premarket trading monday, fueled by data suggesting online holiday shopping got off to a strong start on black friday. the stock has already oared 49.1% during november through friday, whic
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: GE HealthCare’s stock slides premarket after UBS downgrade to sell

Ge healthcare technologies inc.’s stock gehc fell 2.8% in premarket trade monday, after ubs downgraded the stock to sell from neutral and cut its price target to from . analysts led by graham doyle said a combination of slower order momentum, tou
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-27

: Stocks score 4th straight weekly gain in holiday-shortened trading

Stocks ended mostly higher in a subdued, abbreviated trading session friday, with major indexes scoring a fourth straight weekly rise. trading closed at 1 p.m. eastern time after u.s. markets were closed thursday for thanksgiving day. the dow jones industr
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-24

: Performing rights organization BMI being sold to New Mountain Capital

Broadcast music inc. (bmi), the largest performing-rights organization in the world, has agreed to be acquired by new mountain capital for an undisclosed sum. affiliates of bmi will receive 0 million of sale proceeds, the company said. bmi chief executi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-24

: iRobot stock rallies on report Amazon will win regulatory approval for acquisition

Irobot corp.’s stock irbt was up 39% after reuters reported that amazon.com inc. amzn is expected to win approval from antitrust regulators in the european union for the .4 billion acquisition of the maker of automated vacuums and other products. the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-24

: SciSparc’s stock stays hot after biopharmaceutical company sets merger deal

Scisparc ltd.’s stock sprc was up 74% on friday, two days after the clinical-stage biopharmaceutical company said it agreed to merge with an unnamed company in israel. the stock has rallied by about 95% so far this week. scisparc said wednesday it agreed
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-24

: Stocks open mixed to kick off abbreviated trading session

U.s. stocks were off to a mixed start to a holiday-shortened trading session as investors returned after thanksgiving day. major indexes were headed for solid weekly gains. trading in stocks was due to close at 1 p.m. eastern time. the dow jones industrial
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-24

: Safety Shot launching clinical trial to measure effect of its drink on blood alcohol levels

Safety shot inc.’s stock shot was down 5% in in premarket trading on friday after the company said it started a clinical trial to measure the effects of its safety shot drink on blood and breath alcohol. the product is designed as a nutraceutical functio
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-24

: Reynolds Consumer Products stock dips after J.P. Morgan downgrade

Reynolds consumer products inc.’s stock reyn was down by 1.5% in premarket trading on wednesday after j.p. morgan analyst andrea teixeira downgraded the company to neutral from overweight and reduced its price target by to a share. teixeira cited
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Clorox’s stock rises on J.P. Morgan upgrade to neutral from underweight

Clorox co.’s stock clx rose by 1.7% in premarket trading on wednesday after j.p. morgan upgraded the bleach and cleaning products maker to neutral from underweight and also lifted its price target to 5 a share from 4. analyst andrea teixeira said j
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Deere’s stock sinks after earnings beat forecasts but outlook is well below

Shares of deere & co. de dropped 6% in premarket wednesday, after the maker of agricultural, construction and forestry equipment reported fiscal fourth-quarter earnings that beat expectations but provided a downbeat full-year outlook, with all of its busin
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: GM’s Cruise unit halts plans for Origin robotaxi, shrinks focus to one city, WSJ reports

General motors co.’s gm autonomous-vehicle segment cruise is putting plans on hold for origin, a gm-assembled driverless taxi, and shrinking its focus to a single city, the wall street journal reported on wednesday. the move comes after safety concerns a
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: OpenAI rivals Google, Amazon make bids to take advantage of corporate soap opera

Alphabet inc.’s googlgoog google and salesforce.com inc. crm are stepping up efforts to win business customers during openai’s calamitous corporate coup over the past several days. while openai chief executive sam altman bounced between the company and
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Dow ends over 180 points higher as stocks score pre-Thanksgiving gains

Stocks ended higher wednesday in the final, full trading session of the week, extending a strong november rally that’s been accompanied by a pullback in treasury yields and hopes for a so-called soft landing for the economy. u.s. markets are closed thurs
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Oil futures end lower after OPEC+ reschedules its meeting

Oil futures settled lower on wednesday, as opec+ decided to reschedule its meeting this weekend to nov. 30 and u.s. government data revealed a hefty weekly increase in u.s. crude supplies. there appears to be “rumble in the jungle” among opec members o
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Airline stocks take flight after Thanksgiving travel season kicks off in a big way

Shares of airline companies saw broad gains wednesday, after as the latest travel data supported the expectation that thanksgiving travel would be “busier than ever” this year. the u.s. global jets etf jets climbed 1.6% toward a two-month high in midd
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Capri upgraded to buy at CFRA as it’s trading below the acquisition price being offered by Tapestry

Cfra upgraded capri holdings ltd.’s stock cpri to buy from hold on wednesday, and said it’s looking undervalued at its current price. the stock was last quoted at .28, below the price offer from rival tapestry inc. tpr, which is buying capri in
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: EIA reports a weekly decline in U.S. natural-gas supplies

The u.s. energy information administration reported on wednesday that u.s. natural-gas supplies in storage edged lower by 7 billion cubic feet for the week ended nov. 17. the data were released early because of thursday’s thanksgiving holiday. on average
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: EIA reports weekly gains in U.S. crude and gasoline supplies

The energy information administration on wednesday reported that u.s. commercial crude inventories rose by 8.7 million barrels for the week ended nov. 17. on average, analysts polled by s&p global commodity insights expected the data to show an increase of
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Cal-Maine to ‘vigorously’ fight jury decision that it conspired to inflate egg prices

Cal-maine foods inc. calm said wednesday that a jury found the egg producer, along with other defendants, were liable for an alleged conspiracy to inflate egg product prices. the damages part of the trial is slated to take place on nov. 28 and nov. 29. cal
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Blackstone confirms deal to buy Civica

Blackstone inc. bx on wednesday confirmed reports it’s agreed to buy software company civica from partners group holding ag. the purchase price for civica is just under .5 billion, according to a source familiar with the transaction. the deal had been
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: U.S. stocks open higher after Nvidia earnings, economic data

U.s. stocks opened higher on wednesday one day after the s&p 500 and nasdaq composite snapped five-day winning streaks as investors digested nvidia corp. nvda earnings and a fresh batch of economic data ahead of the thanksgiving holiday. the s&p 500 spx ga
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Sunday OPEC+ meeting delayed to Nov. 30

A meeting of the organization of the petroleum exporting countries and its allies — together known as opec+ — initially scheduled for sunday has been delayed to nov. 30, opec said wednesday. bloomberg reported that the delay came as talks stalled due t
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Caterpillar’s stock leads the Dow’s premarket losers after Deere’s disappointing outlook

Shares of caterpillar inc. cat fell 2.7% to pace the dow jones industrial average’s djia premarket decliners wednesday, following fellow construction equipment maker deere & co.’s de disappointing full-year outlook. the implied price decline of caterpi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Carl Icahn’s investing arm’s stock closes below again

Icahn enterprises l.p.’s stock iep closed below on tuesday, sending it back toward recent 19-year lows. the stock closed at .42 on tuesday, close to a recent closing low of .36 on nov. 1, which was the lowest level seen since may 18 of 2004.
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: EBay agrees to sell stake in Adevinta in Blackstone, Permira buyout deal

Adevinta’s stock no:adeadevy was in the spotlight on wednesday after permira and blackstone inc. bx on tuesday said they are offering to buy all of the outstanding ordinary class a shares in the norway-based online classified advertising company for
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Microsoft to invest 0 million to expand hyperscale cloud computing and AI in Quebec

Microsoft corp. msft said wednesday it’s planning to invest 0 million in expanding its hyperscale cloud computing and ai infrastructure in quebec over the next two years. the software giant said it will increase the size of its local cloud infrastruct
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-22

: Burlington Stores stock soars after earnings beat expectations, margins improve and November off to ‘solid’ start

Shares of burlington stores inc. burl leapt 9.9% toward a two-month high in premarket trading tuesday, after the discount apparel and footwear retailer topped profit and same-store sales expectations, and said the current quarter was off to a “solid” s
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Medtronic’s second-quarter earnings top estimates as medical device maker raises guidance

Medtronic plc’s stock mdt rose 0.8% premarket tuesday, after the medical device maker posted better-than-expected earnings for its fiscal second quarter and raised guidance. dublin-based medtronic posted net income of 9 million, or 68 cents a share, f
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Hibbett Q3 earnings sweep past estimates and retailer raises profit guidance

Hibbett inc. hibb posted better-than-expected earnings for the third quarter on tuesday, and raised its guidance, despite a still challenging retail environment. the sporting goods retailer posted net income of .5 million, or .05 a share, for the quar
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Zions Bancorp downgraded to neutral from buy at Citi

Zions bancorp zion has been downgraded to neutral from buy on valuation grounds by citi analyst keith horwitz, who kept his price target of a share on the regional bank. “zion trades near the median on our implied cost of equity metric and we see mor
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Lowe’s sees pullback in discretionary spending, cuts earnings outlook

Lowe’s cos. inc. shares low were falling more than 5% in tuesday’s premarket trading after the home-improvement company trimmed its full-year outlook and called out pressure on discretionary spending. the company logged fiscal third-quarter net earning
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: CRH to pay .1 billion for South Texas cement operations of Martin Marietta Materials

Crh crh said it’s paying .1 billion for south texas cement operations from martin marietta materials mlm. crh, which separately reported earnings, said the combined portfolio of assets is expected to generate pro-forma 2023 ebitda of approximately 0
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Autodesk’s stock is up as earnings, revenue top analyst estimates; guidance is strong

Autodesk inc.’s adsk stock initially grew more than 3% in extended trading tuesday after the software company reported quarterly results that topped analyst revenue and earnings estimates, and offered strong guidance. autodesk reported fiscal third-quart
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Richard Teng to become Binance’s CEO, succeeding Changpeng Zhao

Richard teng, binance’s global head of regional markets, is becoming the crypto exchange’s chief executive, succeeding changpeng zhao, the company said on tuesday. prior to joining binance, richard served as chief executive of the financial services re
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: U.S. stocks end lower Tuesday, S&P 500 snaps 5-session win streak

U.s. stocks closed lower tuesday in a holiday-shortened week for thanksgiving, taking a breather from a powerfully november rally for stocks that lifted both the s&p 500 and nasdaq composite quickly out of correction territory. the dow jones industrial ave
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Airline stocks suffer broad selloff, despite kickoff of busiest holiday travel days

Shares of airlines are broadly lower tuesday, despite the day’s marking the start of the busiest travel period in what the transportation security administration expects to be the “busiest ever” holiday travel season. the u.s. global jets etf jets wa
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Virgin Galactic stock on pace to snap two-day winning streak

Shares of virgin galactic holdings inc. spce are down 5.1% tuesday, putting the stock on pace to snap a two-day winning streak. the private spaceflight company’s shares rose with other space stocks earlier this week in the wake of spacex’s second stars
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: U.S. oil prices settle lower for the first time in 3 sessions

U.s. benchmark oil futures settled with a loss on tuesday for the first time in three sessions. traders await this week’s u.s. supply data from the energy information administration due out wednesday morning, as well as sunday’s expected decision on oi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Home shopping stocks suffer after housing data disappoints

The stocks of online real estate marketplace providers suffered broad weakness tuesday, after data showing sales previously-owned homes fell below expectations. shares of opendoor technologies inc. open sank 6.6%, of redfin corp. rdfn dropped 3.1%, of zill
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

: Blackstone close to buying software company Civica for .5 billion: WSJ

Blackstone inc. bx is closing in on an acquisition of software developer civica for .5 billion, the wall street journal reported tuesday. the seller on the deal is partners group holding ag, another private-equity firm that paid about .3 billion for ci
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-21

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