Author Archives: Megan Oudine

: U.S. oil prices gain for the session, fall for the month
1 February, 2023

Oil futures climbed on Tuesday, but U.S. benchmark prices posted a loss for the month...

: Western Digital stock drops as outlook disappoints
1 February, 2023

Western Digital Corp. WDC shares fell in the extended session Tuesday after the data-storage device...

: Visa’s arrangement with PayPal has sparked DOJ interest: report
1 February, 2023

Visa Inc. V is facing scrutiny from the Department of Justice over an arrangement with...

Defiance Digital Revolution ETF is closing
1 February, 2023

Defiance ETFs is closing the Defiance Digital Revolution ETF, an exchange-traded fund that tracks an...

: Moderna’s stock is down as Pfizer lowers revenue estimates for its COVID vaccine for 2023
1 February, 2023

Moderna Inc.’s MRNA shares were down 2.8% in trading on Tuesday. Pfizer Inc. PFE, which...

: Gold futures end higher, post a third straight monthly gain
1 February, 2023

Gold futures ended with a gain on Tuesday and tallied a third consecutive monthly gain....

: Public health emergency for mpox to end Tuesday
1 February, 2023

The U.S. government does not plan to renew the public-health emergency for mpox, the virus...

: Motorsports Games stock rockets more 600% on massive volume after satisfying Nasdaq listing requirements, again
1 February, 2023

Shares of Motorsport Games Inc. MSGM blasted 662.7% higher toward a 10-month high on heavy...

: Nasdaq logs best January since 2001 as stocks climb to cap off stellar month
1 February, 2023

U.S. stocks finished in the green on Tuesday as the Nasdaq cemented its best January...

: Vice President Kamala Harris to attend Tyre Nichols’ funeral
1 February, 2023

Vice President Kamala Harris on Wednesday will travel to Memphis, Tenn., to attend the funeral...

: Super Micro stock falls after weaker sales guidance for fiscal Q3
1 February, 2023

Shares of Super Micro Computer Inc. SMCI fell more than 10% in the extended session...

: UPS revenue surprisingly falls while profit tops expectations and dividend hiked, stock reverses higher
31 January, 2023

Shares of United Parcel Service Inc. UPS edged up 0.3% in premarket trading Tuesday, reversing...

: Exxon Mobil stock slides 3% premarket after fourth-quarter revenue lags consensus
31 January, 2023

Exxon Mobil Corp. shares XOM slid 3% in premarket trade Tuesday, after the oil giant’s...

: UPS raises dividend to boost implied yield above 3.6%, sets new $5 billion stock buyback program
31 January, 2023

United Parcel Service Inc. UPS raised its quarterly dividend by 6.6%, to $1.62 a share...

: Tesla discloses DOJ requests for info on Autopilot feature
31 January, 2023

Tesla Inc. TSLA disclosed Tuesday that it has received Department of Justice requests for documents...

: McDonald’s fourth-quarter results top expectations, despite foreign currency pressures
31 January, 2023

McDonald’s Corp. MCD topped analysts’ top and bottom line expectations in its-fourth-quarter results Tuesday, despite...

: Canada Goose launches new platform to allow customers resell second-hand items
31 January, 2023

Canada Goose Holdings Inc. GOOS said Tuesday it is launching a platform for its customers...

: Corning stock drops as its Q1 guidance disappoints
31 January, 2023

Corning Inc. GLW stock fell 2.5% in premarket trades Tuesday after the glass maker said...

: U.S. stocks open higher after wage data as Fed decision looms
31 January, 2023

U.S. stocks opened modestly higher on Tuesday, erasing some of the prior session’s losses as...

: FBI searched Penn Biden Center in mid-November: report
31 January, 2023

The Federal Bureau of Investigation searched the Penn Biden Center offices in mid-November, CBS News...

: Luxury EV maker Lotus Tech to go public via merger with SPAC L Catterton Asia Acquisition in $5.4 billion deal
31 January, 2023

An earlier version of this article erroneously described the company as Singapore-based. It has been...

: Carvana stock extends ‘meme’-like surge, heads toward longest win streak in 4 months
31 January, 2023

Shares of Carvana Co. continued their “meme”-like surge Tuesday, rallying 10.0% toward a 2 1/2-month...

: NetApp to cut 8% of its 12,000-strong workforce, expects $85 million to $95 million of charges
31 January, 2023

NetApp Inc. NTAP said Tuesday it is planning a restructuring that will include cutting 8%...

Rep. George Santos steps down from House committees
31 January, 2023

Rep. George Santos, the New York Republican who has drawn scrutiny for lying about his...

: Green Plains stock rallies after investor Ancora urges a sale, which could yield a bid of $50 a share
31 January, 2023

Shares of Green Plains Inc. GPRE shot up 5.5% in premarket trading Tuesday, after activist...