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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

: Tesla’s stock bounces into positive territory, to erase losses suffered after CEO Elon Musk’s controversial comments

Shares of tesla inc. tsla edged up 0.4% in premarket trading friday, to reverse the losses suffered after a backlash over controversial comments made by elon musk, the electric vehicle giant’s chief executive officer. the stock has dropped as much as 1.1
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Canopy Growth’s stock rises after it says it’s found buyers for BioSteel sports drink units

Canopy growth corp.’s stock cgcca:weed was up 1.7% in premarket trading on friday after the canadian cannabis company said it identified two qualified buyers for its biosteel brand and assets. the anticipated proceeds of the deals are expected to improv
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Eli Lilly to build .5 billion plant in Germany to support rising demand for obesity, diabetes drugs

Shares of eli lilly & co. lly rose 0.67% in premarket trading friday after drug giant announced plans to spend .5 billion to build a new manufacturing facility in germany. the new facility is aimed at expanding lilly’s injectable product and device man
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: ChargePoint Holdings price target cut in half at Needham as stock drops after warning

Needham analyst chris pierce on friday cut his price target on chargepoint holdings inc.’s stock chpt to from after the electric-vehicle charging specialist lost its top executive and forecast third-quarter sales below the consensus view. chargep
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-17

: Berry Global raises quarterly dividend by 10% to 27.50 cents a share

Berry global group inc. bery said thursday it has raised its quarterly dividend by 10% to 27.50 cents a share. the plastics packaging company said the new dividend is payable dec. 15 to shareholders of record as of dec. 1. the stock has gained 1% in the ye
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: PulteGroup increases quarterly dividend to 20 cents a share from 16 cents

Pultegroup inc. phm said thursday its board of directors voted to increase the home builder’s quarterly dividend by 25% to 20 cents a share from 16 cents a share. shareholders of record as of dec. 19 will be paid the dividend on jan. 3. pultegroup chief
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Nice’s stock surges after profit rises above expectations, as cloud strength leads to record revenue

Shares of nice ltd. nice rallied 5.9% toward a two-month high in premarket trading thursday, after the israel-based business software company reported third-quarter earnings that beat expectations and raised the full-year outlook amid strong cloud revenue
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Bath & Body Works tops profit expectations and matches on sales, gives a mixed full-year outlook

Shares of bath & body works inc. bbwi gained 0.6% in premarket trading thursday, after the home fragrance and personal care company beat fiscal third-quarter earnings expectations, but provided a mixed full-year outlook, amid margin improvement and benefit
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Yum China announces 2024 share buyback in U.S. and Hong Kong for 0 million

Yum china holdings inc. yumc said thursday it has entered into share buyback agreements in the u.s. and hong kong for an aggregate 0 million in 2024. the move is part of a plan to return billion to shareholders and buybacks in the period stretching f
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: China ADRs trade lower ahead of Alibaba results

Chinese adrs were mostly lower in premarket trade ahead of alibaba’s results, and after a meeting between u.s. president joe biden and china president xi jinping didn’t result in new agreements on the economic front. alibaba baba, nio nio, xpeng xpev a
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Dolby shares fall on disappointing forecast

Shares of dolby laboratories inc. dlb fell 4.8% after hours on thursday after the audio and imaging technology developer forecast profit and sales for its next fiscal year that were below wall street’s expectations. management forecast fiscal 2024 sales
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Merck’s Keytruda gets approval to treat certain types of gastric cancer

Merck mrk said late thursday that the food and drug administration has approved its star cancer drug keytruda as treatment for some adult gastrointestinal cancers, alongside chemotherapy. approval was based on results from an advanced-stage trial that “d
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Applied Materials’ stock is falling despite earnings, sales beats

Applied materials inc.’s amat stock dropped 6% in extended trading thursday after the company reported quarterly results that topped analyst revenue and earnings estimates. applied reported fiscal fourth-quarter net income of billion, or .38 a share
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Dow snaps 4-day winning streak as November rally takes a breather

U.s. stocks finished lower on thursday, with the dow snapping a four-day winning streak while the s&p 500 and nasdaq composite eked out marginal gains, extending their winning streaks for a third day. the s&p 500 spx gained 5.38 points, or 0.1%, to 4,508.2
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Dow down 120 points in final hour of trade as November rally pauses

U.s. stocks were under pressure thursday, but off the session lows, in the final hour of trade as investors digested a batch of weaker economic data suggesting the effects of the federal reserve’s rate hikes have been kicking in. the dow jones industrial
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Oil prices settle at their lowest since July

Oil futures fell by nearly 5% on thursday as concerns over a potential slowdown in energy demand following downbeat u.s. economic data contributed to a drop in prices to their lowest settlement since july. data released thursday showed that u.s. industrial
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Amazon to launch online vehicle sales in 2024, and CarMax, Carvana stocks dive

Amazon.com inc. amzn announced thursday that it will launch online vehicles sales in the u.s., starting in 2024 with sales of hyundai motor co. kr:005380 vehicles. that sent shares of auto retailers carmax inc. kmx and carvana co. cvna diving in afternoon
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Foot Locker to be an official U.S. marketing partner of the NBA, but that doesn’t help the stock

Foot locker inc. fl announced thursday a multi-year partnership with the national basketball association, that makes the athletic footwear and apparel retailer the official market partner of the professional basketball league. “this exciting partnership
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Walgreens to close ‘nearly all’ of its stores and pharmacies for Thanksgiving, for the first time in its history

Walgreens boots alliance inc. wba said thursday that it will close nearly all of its stores and pharmacies for the thanksgiving holiday, for the first time in the company’s history. the company, which had a total of 8,701 retail stores in the u.s. as of
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: GE’s stock rallies toward a 6-year high, heads for best year on record

Shares of general electric co. ge continued their climb toward a six-year high thursday, as they keep on pace to have their best year on record. the stock rose 1.2% in morning trading, putting them on track for the highest close since nov. 10, 2017, accord
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: 3M to name its health care spinoff ‘Solventum’

3m co. mmm said thursday the name of the health care company it plans to spin off will be solventum, which comes from combining “solving” and “momentum.” the spinoff, which was announced in july 2022, is expected to be completed in the first half o
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Nio’s stock dives toward a 3-year low, amid downbeat outlook for China-U.S. relations

Shares of nio inc. nio took an 9.9% dive toward a three-year low in morning trading thursday, after a much anticipated meeting between u.s. president joe biden and china president xi jinping resulted in no new agreements on the economic front. downbeat com
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

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

The u.s. energy information administration reported on thursday that u.s. natural-gas supplies in storage rose by 60 billion cubic feet for the week ended nov. 10. it also said supplies declined by 6 billion cubic feet for the week ended nov. 3. the eia ha
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Ayr Wellness stock falls sharply on reduced revenue view due to ‘temporary cultivation setback’

Ayr wellness inc.’s stock ca:ayr.aayrwf was down by about 12% thursday after the cannabis company warned its fourth-quarter revenue would be about flat with the third quarter’s result of 4.4 million, below the factset consensus estimate of 7.3 mi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Williams-Sonoma’s stock reverses higher after profit beats expectations but sales miss amid ‘ongoing consumer hesitancy’

Shares of williams-sonoma inc. wsm bounced back into positive territory in morning trading thursday, after the home goods and furniture retailer beat profit expectations but missed on revenue and cut its full-year outlook, citing “ongoing consumer hesita
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Stocks open slightly lower after push to 2-month high

Stocks opened with small losses thursday, taking a breather amid a november rally that’s pushed the s&p 500 to a two-month high. the dow jones industrial average djia fell 78 points, or 0.2%, to 34,913. the s&p 500 spx was off 0.1% at 4,501 after ending
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: CommScope stock rises on heels of Raymond James upgrade to market perform

Commscope holding company inc.’s stock comm was up 6% in premarket trading on thursday. raymond james upgraded the telecommunications equipment company to market perform from underperform on its view that its risk-reward has come into balance. “we cann
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Children’s Place stock drops as it misses earnings mark on consumer pressure

Children’s place inc.’s stock plce was down by 12.6% in premarket trading on thursday after the retailer warned it will miss wall street’s fourth-quarter earnings estimate. children’s place reported third-quarter net income of .5 million, or .
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Warner Music Group stock jumps after earnings beat expectations, amid strength in recorded music streaming

Shares of warner music group corp. wmg leapt 2.6% toward a nine-month high after the music recorder and publisher beat fiscal fourth-quarter earnings expectations, as results were boosted by a “solid” release slate and strength in recorded music stream
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: FMC Corp.’s stock up 1.4% as it sets guidance for 2024

Fmc corp.’s stock fmc rose 1.4% premarket thursday, after the agricultural science company set guidance for 2024. the philadelphia-based company said it expects revenue of .65 billion to .85 billion, or up 3% midpoint to midpoint from its latest guid
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Toyota agrees to use recycled materials for future electric vehicles

Toyota motor corp. tmjp:7203 said thursday it reached an agreement with private battery recycling company redwood materials inc. to expand a previous recycling agreement to re-use materials from the car maker’s hybrid and battery electric vehicles. terms
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Walmart’s stock falls premarket after soft guidance offsets earnings beat

Walmart inc.’s stock wmt fell 1% early thursday, after the company offered guidance for 2023 that was below consensus, offsetting a profit and sales beat for the third quarter. bentonville, arkansas-based walmart posted net income of 3 million, or 17
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Macy’s stock shoots up after big earnings beat and full-year outlook nudged up

Shares of macy’s inc. m shot up 8.3% toward a three-month high in premarket trading thursday, after the department store chain reported a big fiscal third-quarter profit beat and nudged up its full-year outlook, helped by a “refined” gift assortment
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-16

: Goodyear’s stock jumps 5.5% on news of transformation plan that aims to raise more than billion in proceeds

Goodyear tire & rubber co.’s stock gt jumped 5.5% in premarket trade wednesday, after the company unveiled a transformation plan that aims to raise more than billion in proceeds from portfolio optimization and to generate cost cuts of .3 billion by
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Home builder Smith Douglas backed by former Agriculture Secretary Sonny Purdue files IPO

Smith douglas homes corp., a woodstock, ga., home builder that lists former agriculture secretary and georgia governor george e. “sonny” perdue iii as a shareholder, plans to go public on the new york stock exchange under the symbol “sdhc”, accordi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Advance Auto Parts’ stock sinks after a surprise, large loss while sales topped expectations

Shares of advance auto parts inc. aap sank 6.5% in premarket trading wednesday, after the auto parts seller reported a surprise large fiscal third-quarter loss and slashed its full-year outlook, while announced a cost-cutting plan aimed at saving 0 mill
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Chegg announces 0 million accelerated share repurchase with Morgan Stanley Bank

Education company chegg inc.’s stock chgg rose 2.6% premarket wednesday, after the company announced a 0 million accelerated share repurchase with morgan stanley bank n.a. chegg will make an initial payment of 0 million in return for 13.5 million s
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Target’s stock soars after big profit beat, although sales falls shy

Shares of target corp. tgt shot up 9.7% toward a two-month high in premarket trading wednesday, after the discount retailer reported fiscal third-quarter profit that was well above expectations, while net sales fell short. net income for the quarter to oct
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Arcellx’s stock set to surge after Gilead makes 0 million investment at a 30% premium

Shares of arcellx inc. aclx were set to surge wednesday, after biotechnology company announced a 0 million equity investment by gilead sciences inc.’s gild kite as part of an expanded collaboration. under terms of the investment, gilead will buy 3.24
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Xpeng’s ADR down 2% as Q3 loss widens and revenue falls short of estimates

Xpeng inc.’s adr xpev fell 2% in premarket trade wednesday, after the chinese electric vehicle company’s third-quarter loss widened from a year ago while revenue fell short of estimates. xpeng posted a net loss of rmb3.89 billion ([CO].53 billion), or rm
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Exxon plans Wall Street update on Dec. 6

Exxon mobil corp. xom said late wednesday it aims to update investors on a call and presentation on dec. 6, starting at 10 a.m. eastern. presenters include chief executive darren woods and chief financial officer kathy mikells. the presentation and executi
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Agilent raises dividend by 5%

Agilent technologies inc. a late wednesday said it has increased its dividend 5% to 23.6 cents a share. the dividend will be paid on jan. 24 to shareholders of record as of the close of business on jan. 2, the company said. shares of agilent, a life scien
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Stocks end higher, extending rally on another round of subdued inflation data

Stocks finished higher wednesday, building on a blockbuster rally the previous session, as investors weighed another round of subdued inflation data. the october producer price index showed a decline in the headline figures, while the core reading, which s
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: U.S. oil prices mark first loss in 5 sessions

U.s. oil futures settled lower on wednesday for the first time in five sessions after the energy information administration reported a more than 17 million-barrel climb in u.s. commercial crude inventories for the two-week period ending nov. 10. meanwhile,
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Feds fine Enova million for allegedly withdrawing funds from customer bank accounts without their permission and other violations

Enova international inc.’s stock enva was down by 0.9% on wednesday after the chicago-based online lending company said it reached an agreement with the consumer financial protection bureau (cfpb) to pay a million civil penalty. the company said the
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: American Eagle’s stock takes flight after Wall Street’s biggest bear says its time to stop selling

Shares of american eagle outfitters inc. aeo climbed 5.1% toward a 20-month high in afternoon trading wednesday, after bofa securities analyst christopher nardone backed away from his bearish call a week before the apparel retailer reports fiscal third-qua
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Disney’s stock pops after CNBC says activist investor ValueAct has been building a stake

Walt disney co.’s stock dis rose 3.6% wednesday, after cnbc reported that valueact capital has been building a stake in the company since the summer. the activist investor has held talks with disney management and is still building out its position, cn
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Shimmick Corp. is latest IPO to fail to reach issue price

Shimmick corp. shim, a california construction company that specializes in public water infrastructure, has become the latest company to flounder in its trading debut, even after it downsized its ipo and priced below range. the company’s deal priced at $
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Nvidia’s stock reverses lower, putting it in danger of snapping a record-tying win streak

Shares of nvidia corp. nvda have reversed course wednesday and were down 1.2% in midday trading to put them in danger of snapping a record-tying win streak. the semiconductor and artificial-intelligence play’s stock was up as much 1% in the premarket, an
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: EIA reports gain in U.S. crude supplies last week

The energy information administration on wednesday reported that u.s. commercial crude inventories rose by 3.6 million barrels for the week ended nov. 10 to total 439.4 million barrels. the government agency had delayed last week’s data due to a systems
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Hycroft Mining’s stock bounces off record low after reverse stock split takes effect

Shares of hycroft mining holding corp. hymc bounced 3.5% in morning trading wednesday, as the gold and silver miner’s 1-for-10 reverse stock split took effect. the stock had closed tuesday at a split-adjusted record low of .76, or at 17.6 cents before
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: U.S. stocks open higher, building on best day for S&P 500 since April

U.s. stocks opened higher on wednesday, with the s&p 500 building on its strongest daily gain since april as investors digested another inflation report, along with a fresh reading on retail sales. the s&p 500 spx gained 14.57 points, or 0.4%, to 4,510. th
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Sirius XM’s stock soars as Buffett’s Berkshire Hathaway reveals stake

Sirius xm holdings inc. shares siri were rocketing 17% in premarket trading wednesday after warren buffett’s berkshire hathaway revealed a new stake in the satellite-radio operator. berkshire bought up 9.7 million shares of sirius during the september qu
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Tesla’s stock on track for a 4th straight rise, but pares gains after inflation data

Shares of tesla inc. tsla rose toward a fourth straight gain in premarket trading wednesday, but unlike the previous session, they pared gains after tame inflation data. the electric vehicle giant’s stock was up 2.2% just before data showing that wholesa
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Tapestry launches bond offering to fund Capri acquisition

Tapestry inc. tpr said wednesday it has commenced an offering of dollar-denominated senior unsecured notes to fund its acquisition of rival capri holdings ltd. the parent to coach, kate spade and stuart weitzman did not specify the size of the deal.market
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Thoma Bravo to sell about 0 million in Dynatrace stock

Dynatrace inc. dt said wednesday its stockholder thoma bravo is selling 10 million shares of its stock. dynatrace stock was down 3.8% in premarket trading. based on the stock’s closing price of .54 a share on tuesday, the stock sale will generate abou
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: TransUnion to shed about 1,300 employees in cost-reduction plan, as stock rises

Transunion tru said wednesday it plans to reduce its 13,000-employee work force by 10% or, about 1,300, as part of a cost-cutting plan at the information and risk management solution company. transunion’s stock was up 3.5% in premarket trading. “we be
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: TJX Cos. warns it’ll fall short of Q4 earnings estimate, as stock drops

Tjx cos. tjx stock was down 1.2% in premarket trading on wednesday after the retailer issued fourth-quarter guidance below analyst estimates, even as its third-quarter profit beat expectations. tjx said its third-quarter net income rose to .19 billion, o
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: VF Corp.’s stock rises after J.P. Morgan upgrades apparel and footwear maker to neutral from underweight

Vf corp. vfc, the maker of vans sneakers and north face coats, drew an upgrade to neutral from underweight wednesday. j.p. morgan analyst matthew r. boss raised his price target on vf corp. to a share from . the company’s stock was up 3.9% in prem
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

: Moody’s upgrades Molson Coors by one notch and says it has enough cash to reduce debt while rewarding shareholders

Moody’s investors service upgraded molson coors beverage co.’s tap senior unsecured rating to baa2 from baa3 on wednesday, and revised the outlook to positive. the move reflects “consistent debt repayment, conservative leverage targets and recent
Tag: Market Pulse USA    Source: marketwatch.com   Dated: 2023-11-15

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