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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

: E.l.f.’s stock falls after short seller Spruce Point alleges ties to defunct NXIVM sex cult

E.l.f. beauty inc.’s stock elf tumbled 6% on friday, after short seller spruce point capital management said the company has ties to the now-defunct nxivm cult and may use some of its teaching in its marketing. the cult’s leader keith raniere was sente
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: MicroStrategy’s stock surges toward longest win streak in nearly 9 years as bitcoin extends rally

Shares microstrategy inc. mstr surged 2.9% in afternoon trading friday, to put them on track to close at the highest price since march 29, 2022. the software company and bitcoin play‘s stock was headed for a 10th straight gain, which would be the longest
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Baker Hughes data show a second straight weekly fall in active U.S. oil-drilling rigs

Baker hughes bkr on friday reported that the number of active u.s. rigs drilling for oil fell by 2 to 494 this week. that followed a decline of 8 oil rigs last week. the total active u.s. rig count, which includes those drilling for natural gas, also decli
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Wynn’s stock suffers biggest drop in 13 months, but Stifel recommends being ‘aggressive buyers’

Shares of wynn resorts ltd. wynn took a 7.7% hit in morning trading friday, after the casino operator beat third-quarter earnings expectations, but wynn macau ltd. wynmyhk:1128, of which the company owns 72%, reported disappointing results. wynn’s stock
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Jack Daniel’s parent Brown-Forman’s stock falls after sales warning from Johnnie Walker parent Diageo

Shares of jack daniel’s parent brown-forman corp. bf.b fell 3.1% in morning trading friday, following a sales warning from rival diageo plc deouk:dge, which owns the johnnie walker whisky and guinness beer brands. the u.s.-listed stock of diageo tumbled
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Illumina’s stock on track for lowest close in 10 years after cutting guidance

Illumina inc.’s stock ilmn fell 14% friday to put it on track for its lowest close in 10 years, after the company after the maker of dna-sequencing technology cut its full-year sales and profit guidance after missing revenue estimates for the third quart
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Stocks open higher after Powell-inspired dip

U.s. stocks opened higher on friday, attempting to end the week on a positive note after the s&p 500 and nasdaq composite snapped their longest winnign streaks in two years in the previous session. stocks stumbled thursday after a weak 30-year t-bond aucti
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Disney has considered shipping some TV networks to Hearst JV: WSJ

Walt disney co. dis has considered the possible sale of television-network assets and has also contemplated putting some of its networks into its a+e networks joint venture with hearst, the wall street journal reported friday. the company has deemed abc, d
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Soho House’s stock slides 3.6% after company posts wider-than-expected loss and revenue falls short

Soho house & co. inc.’s stock shco tumbled 3.6% early friday, after the operator of member clubs and hotels posted a wider-than-expected third-quarter loss and revenue that fell short of consensus. the london-based company said it had a net loss of .4
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Chesapeake Utilities stock sinks toward a 3-year low after 0 million stock offering

Shares of chesapeake utilities corp. cpk slumped 1.0% toward a three-year low in premarket trading friday, after the after the delaware-based electric utility announced a 0 million public stock offering. the offering represents 21.3% of the company’s
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Plug Power’s stock tumbles toward worst day in more than 9 years

Shares of plug power inc. plug were tumbling friday toward their worst day in more than nine years, in the wake of the hydrogen fuel-cell company’s disappointing quarterly results amid “unprecedented supply challenges.” the stock sank 32% in premarke
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Cargo Therapeutics IPO prices at a share, low end of proposed range

Cargo therapeutics crgx, a clinical-stage biotech specializing in cancer treatments, said late thursday its initial public offering priced at a share, the low end of its range. the company sold 18.8 million shares to raise 2 million at a valuation
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-10

: Tapestry’s stock dips after revenue miss and guidance that lags consensus

Tapestry inc.’s stock tpr fell 1.7% premarket thursday, after the parent of the coach, kate spade and stuart weitzman brands missed revenue estimates for its fiscal first quarter and offered guidance that lagged consensus. the company had net income of $
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Krispy Kreme stock drops after adjusted profit, revenue miss expectations while full-year outlook was maintained

Shares of krispy kreme inc. dnut dropped 8.3% in premarket trading thursday, to put it on track to snap a seven-session win streak, after donut seller reported third-quarter adjusted profit and revenue that missed expectations. on a net basis, losses widen
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Wolverine World Wide’s stock tumbles 14% on news company to speed up transformation and cut jobs

Wolverine world wide inc. www said thursday it’s accelerating a transformation plan that’s expected to generate 5 million in annualized savings, including a global workforce restructuring. the company did not offer details of job cuts, but said it w
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: TransDigm to pay .4 billion in cash to buy CPI’s electron device business from

Transdigm group inc. tdg announced thursday an agreement to buy the electron device business from tjc l.p.’s communications & power industries for .39 billion in cash. the edc makes components and subsystems for the aerospace and defense markets. the d
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Studio and streaming company stocks rally after Hollywood’s actors union reaches tentative deal to end strike

The stocks of studios and streaming companies were mostly higher early thursday, after hollywood’s actors union reached a tentative deal with studios to end its strike, ending months of labor strife that ground the film and television industries to a h
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Yeti stock gains after earnings beat, raised full-year outlook amid strength in drinkware sales

Shares of yeti holdings inc. yeti gained 0.9% in premarket trading thursday, after the drinkware, coolers and outdoor products maker beat third-quarter earnings expectations and nudged up its full-year outlook, helped by a bump up in gross margin. net inco
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Chicago Fed’s Goolsbee warns on overshooting on rates

Chicago fed president austan goolsbee told the wall street journal that the central bank will have to make sure that the rise in long-term bond yields doesn’t lead to overtightening of the u.s. economy. in an interview published thursday, goolsbee said t
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Li Auto tops earnings estimate as revenue surges

Li auto shares rose in early electronic trade as the china electric vehicle maker said it swung to a third-quarter profit of 2.81 billion yuan (6 million) on revenue that more than tripled to 34.68 billion yuan (.75 billion). analysts polled by factse
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Illumina shares fall as company cuts forecasts

Shares of illumina inc. ilmn fell after hours on thursday after the maker of dna-sequencing technology cut its full-year sales and profit outlook. the company said it now expected full-year sales to fall 2% to 3%, compared with a forecast in august for aro
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Wynn Resorts’ stock falls 5% after Q3 results

Shares of wynn resorts ltd. wynn dropped more than 5% in the extended session thursday despite an earnings beat for the the hospitality company. wynn lost 6.7 million, or .03 a share, compared with a loss of 2.9 million, or .27 a share, for the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Unity Software’s stock skids 13% on revenue miss, company uncertainty

Unity software inc.’s u stock stumbled 13% in extended trading thursday after the company reported quarterly results. unity reported a fiscal third-quarter net loss of 5.3 million, or 32 cents a share, compared with a net loss of 0 million, or 84 c
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Shares of Lions Gate rally after surprise profit, steady outlook despite strikes

Shares of lions gate entertainment corp. lgf.a jumped 10.3% after hours on thursday after the tv, film and media giant reported a surprise second-quarter profit and stuck with its full-year outlook “even with the negative impact of the strike” by holly
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Synaptics’ stock is surging after earnings, revenue beats

Synaptics inc.’s syna stock surged 14% in extended trading thursday after the semiconductor company reported quarterly results that topped analyst revenue and earnings estimates. synaptics reported a fiscal first-quarter net loss of .6 million, or .
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: S&P 500, Nasdaq snap longest winning streak in 2 years after Powell remarks, weak bond auction

Stocks ended lower thursday, with the s&p 500 spx snapping an eight-day winning streak and the nasdaq composite comp breaking a nine-day run of gains after federal reserve chair jerome powell reiterated that further rate hikes may be needed to rein in infl
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

Key Words: Citadel’s Ken Griffin sees high inflation lasting for decades

Patrick t. fallon/agence france-presse/getty images“the peace dividend is clearly at the end of the road. we are likely to see higher real rates and we’re likely to see higher nominal rates.”billionaire ken griffin, head of the miami-based hedge-fund
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Verizon to offer Netflix, Max streaming bundle at a discount: WSJ

Verizon communications inc. vz plans to offer streaming services netflix and max combined for a month instead of , the wall street journal reported on thursday, citing people familiar with the matter. the journal said verizon will offer versions of
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: S&P 500 on pace to snap longest win streak in two years

U.s. stocks fell on thursday, putting the longest win streak for the s&p 500 index in two years on the line, after a treasury auction went poorly and federal reserve chairman jerome powell said interest rates might not yet be high enough. the dow jones ind
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Sen. Joe Manchin says he won’t seek re-election

Sen. joe manchin, a west virginia democrat, said thursday that he won’t seek re-election, announcing his decision in a video posted on social media. “i’ve made one of the toughest decisions of my life and decided that i will not be running for re-ele
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Oil prices finish higher after back-to-back losses

Oil futures finished a bit higher on thursday after posting two consecutive session declines. the oil market’s “recent collapse suggests not only has the market taken out the risk of a loss of supply from the israel-hamas conflict, but from any other c
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Fed funds futures traders boost likelihood of another Fed rate hike by January to as high as 25%

The market-implied chance of another federal reserve rate hike by january jumped to as high as 25.1% on thursday, up from 17.1% a day ago, after chairman jerome powell spoke about the possible need to take more action against inflation. fed funds futures t
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Astronaut Frank Borman, who led historic moon mission, dies at 95

Astronaut frank borman, who led the first team to circle the moon in december 1968 and later was chief executive of eastern airlines in the 1970s and 1980s, died tuesday at age 95. borman commanded the apollo mission with crewmates jim lovell and bill ande
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Disney’s stock blasts toward best day in almost three years

Walt disney co. shares dis are up 7.5% in thursday trading and on track for their best day in nearly three years. the stock is on pace to register its largest one-day percentage gain since dec. 11, 2020, when it rose 13.6%, according to dow jones market da
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Treasury’s billion 30-year bond auction goes poorly, trader says

Thursday afternoon’s billion sale of 30-year treasury bonds drew weaker-than-expected demand, according to greg faranello, head of u.s. rates trading and strategy at amerivet securities in new york, citing the bid-to-cover ratio and yield concession
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Wheat futures eye biggest daily loss a month as USDA raises U.S. supply outlook

Wheat futures declined on thursday, with prices looking to post their largest one-day percentage loss in about four weeks. the u.s. department of agriculture’s world agricultural supply and demand estimates report raised its u.s. wheat supply outlook for
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Nvidia’s stock surges toward a 7th straight gain, and a two-month high

Shares of nvidia corp. nvda charged up 2.7% in morning trading thursday toward a two-month high, after reuters reported the semiconductor maker was launching microchips specifically for china. the report comes after nvidia was blocked by the u.s. governmen
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Bill’s stock bounces after denial of report it was pursuing a billion cash-and-stock buyout of Melio Payments

Shares of bill holdings inc. bill bounced off a 3 1/2-year low in morning trading thursday, after the financial software broke from tradition to deny a “market rumor.” the stock had tumbled as much as 16.5% earlier to an intraday low of .94, the low
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Israel plans four-hour pauses in northern Gaza, White House says

Israel will “begin to implement four-hour pauses in areas of northern gaza each day, with an announcement to be made three hours beforehand,” white house spokesman john kirby told reporters on thursday. the pauses are meant to help civilians to depart
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: Blue Apron’s loss narrows more than expected but still has ‘substantial doubt’ it can continue as going concer

Blue apron holdings inc.’s stock aprn was slightly higher early thursday, after the meal-kit company’s reported a third-quarter loss that was narrower than expected, while revenue inched ahead of estimates. the company, which disclosed earnings in a re
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: U.S. stocks open higher with S&P 500 attempting longest winning streak since 2004

U.s. stocks opened modestly higher thursday, with the s&p 500 attempting its longest stretch of daily gains since 2004 as investors weighed fresh data on jobless claims. the dow jones industrial average djia was up 0.1% soon after the opening bell, while t
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: AMC stock plunges 19.5% after filing for ‘at the market’ sale of up to 0 million in common shares

Shares of amc entertainment holdings inc. amc plunged 19.5% in premarket trades thursday after the movie theater chain and meme stock darling filed for an “at the market” sale of up to 0 million in common shares. in an sec filing amc said that it in
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: General Mills grows into pet supplement business with acquisition of Fera Pets Inc.

General mills inc. gis said thursday it agreed to pay an undisclosed amount to buy fera pets inc., as it moves into the pet supplement market. general mills said it acquired fera pets through a newly-launched growth equity fund as part of its gold medal ve
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: HCA Healthcare sets EPS growth target of 8% to 12% for the next five years

Hca healthcare inc. hca said thursday it’s targeting per-share earnings growth of 8% to 12% for the next five years. the hospital operator offered the forecast in a statement released ahead of an investor day. for 2024, it said it expects eps to fall wi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: TransDigm paying .4 billion for Electric Device business from TJC portfolio company CPI

Transdigm group inc. tdg said thursday it agreed to pay .4 billion in cash for the 900-employee electron device unit within communications & power industries (cpi). communications & power industries is a portfolio company of private-equity firm tjc lp.
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: US Foods tops profit expectations, lifts full-year outlook as volume growth offset food-cost deflation

Us foods holding corp. usfd reported thursday a third-quarter profit that topped expectations and nudged up its full-year outlook. the .1 billion market-capitalization foodservice distributor’s stock was still inactive in the premarket. net income fel
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: 3M’s Bryan Hanson to lead health care unit spinoff

3m co, mmm said two executives are leaving the company as it prepares to spin off its health care business. jeff lavers, group president, health care business group, will depart on dec. 1. bryan hanson will continue as chief executive of health care as th
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-09

: LL Flooring’s Q3 loss is wider than expected in weak housing market

Ll flooring holdings inc. ll, the flooring retailer formerly called lumber liquidators, posted a net loss of .9 million, or .25 a share, for the third quarter, wider than the loss of .8 million, or 13 cents a share, posted in the year-earlier period
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Take-Two Interactive shares rise on report Grand Theft Auto game to be announced this week

Shares of take-two interactive software ttwo rallied 9% in premarket trade as bloomberg news reported that the next grand theft auto game may be announced as early as this week. the report, citing people familiar with the plans, said a trailer for grand th
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Lucid’s stock ends at record low

Lucid group inc. lcid shares dropped more than 8% on wednesday to end at an all-time low, still feeling the pinch of the ev maker’s worse-than-expected quarterly results late tuesday. the decline was also the stock’s largest one-day percentage drop oct
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Bloom Energy stock soars 17% on surprise quarterly profit

Shares of bloom energy corp. be rose more than 17% in the extended session wednesday after the alternative-energy company surprised wall street with an adjusted profit and revenue that topped expectations for the third quarter. bloom energy lost 9 mill
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Meta will start labeling political ads that use AI-generated images

Meta platforms inc.’s meta facebook and instagram will require political ads on their digital platforms worldwide to divulge if they were created using ai. beginning jan. 1. the new policy, announced wednesday by meta, will display labels disclosing the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Beyond Meat reports narrowing loss but declining sales

Beyond meat inc.’s bynd stock was flat in after-hours trading wednesday after the fake-meat maker posted quarterly results that topped analyst revenue and earnings estimates. beyond meat reported a fiscal third-quarter net loss of .5 million, or .0
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Topgolf Callaway Brands shares tumble after cut to full-year forecast

Shares of topgolf callaway brands slid 19% after hours on wednesday after the golf-equipment and entertainment company cut its full-year sales and profit outlook and offered a weak fourth-quarter sales forecast following what it said was a “challenging�
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Allbirds’ stock tanks 14% after company’s revenue drops more than 20%

Allbirds inc. bird shares dropped more than 14% in the after-hours session wednesday after the footwear and apparel maker reported a drop of more than 20% in its quarterly revenue, due in part to lower prices and more promotions, and called for lower sales
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: HubSpot clears Wall Street’s bar on earnings and its stock moves higher

Hubspot inc.’s stock hubs was moving more than 6% higher in wednesday’s late trading after the cloud-based-software company for customer relationship management topped expectations with its latest results and profit outlook. the company generated a thi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Twilio’s stock gains after cloud-computing company raises guidance for the year

Shares of twilio inc. twlo gained more than 6% in the extended session wednesday after the cloud-computing company beat wall street estimates for its third-quarter earnings and raised its 2023 guidance for adjusted income from operations. twilio lost 2
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Virgin Galactic’s stock soars after company rakes up .7 million in revenue from space tourism

Virgin galactic holdings inc. spce shares rose more than 10% in the after-hours session wednesday after the space-tourism company narrowed its quarterly loss and doubled its revenue, topping wall street expectations. virgin galactic lost 5 million, or 2
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: Duolingo’s stock jumps 10% after learning platform swings to surprise Q3 profit

Shares of duolingo inc. duol rallied more than 10% in the extended session wednesday after the language-learning platform swung to an unexpected third-quarter profit and its revenue jumped 43%. duolingo earned .8 million, or 6 cents a share, in the quart
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

: S&P 500 ekes out gain, stocks extend longest win streak in two years

U.s. stocks finished mostly higher on wednesday, extending a rally fueled by falling u.s. bond yields and their longest win streak in two years. the dow jones industrial average djia shed about 39 points, or 0.1%, ending near 34,112, according to prelimina
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-08

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