Category Archives: Market Pulse

: EIA reports a weekly rise in U.S. crude supplies, while gasoline stockpiles drop by more than 6 million barrels
22 March, 2023

The Energy Information Administration on Wednesday reported that U.S. crude inventories climbed last week, defying...

: Petco stock slides 7% premarket on earnings miss as company offers soft guidance
22 March, 2023

Petco Health & Wellness Co. Inc.’s stock WOOF slid 7% in premarket trade Wednesday, after...

: SoFi says it will let members opt to increase their FDIC insurance to $2 million for checking and savings
22 March, 2023

SoFi Technologies Inc. SOFI said Wednesday that those with its checking or savings accounts will...

: Petco stock slides 7% premarket on earnings miss as company offers soft guidance
22 March, 2023

Petco Health & Wellness Co. Inc.’s stock WOOF slid 7% in premarket trade Wednesday, after...

: U.S. stocks struggle for direction at the open before slipping as Fed decision looms
22 March, 2023

U.S. stocks were trading lower after struggling for direction at the open on Wednesday ahead...

: U.S. stocks struggle for direction at the open before slipping as Fed decision looms
22 March, 2023

U.S. stocks were trading lower after struggling for direction at the open on Wednesday ahead...

: Carvana stock rallies 24% premarket after updating Q1 guidance
22 March, 2023

Carvana Co.’s stock CVNA rallied 24% in premarket trade Wednesday, as the car retailer updated...

: Carvana stock rallies 24% premarket after updating Q1 guidance
22 March, 2023

Carvana Co.’s stock CVNA rallied 24% in premarket trade Wednesday, as the car retailer updated...

: Upwork expects to spend less than $160 million to buy back nearly $200 million principal amount of convertible debt
22 March, 2023

Shares of Upwork Inc. UPWK rose 1.2% in premarket trading Wednesday, after the company that...

: Upwork expects to spend less than $160 million to buy back nearly $200 million principal amount of convertible debt
22 March, 2023

Shares of Upwork Inc. UPWK rose 1.2% in premarket trading Wednesday, after the company that...

: First Republic Bank stock falls as investors await Fed decision
22 March, 2023

First Republic Bank’s stock FRC fell nearly 7% in premarket trades after rising earlier in...

: First Republic Bank stock falls as investors await Fed decision
22 March, 2023

First Republic Bank’s stock FRC fell nearly 7% in premarket trades after rising earlier in...

: Recruit Holding’s Indeed to cut 15% of workforce
22 March, 2023

Japan-based Recruit Holdings Inc.’s JP:6098 Indeed job-search site plans to lay off 15% of its...

: Hershey affirms guidance provided a month ago, with adjusted profit expected to rise 9% to 11%
22 March, 2023

Hershey Co. HSY affirmed on Wednesday its 2023 guidance ranges for sales growth and profit,...

: Gold prices end higher, extend gains after the Fed rate decision
22 March, 2023

Gold futures settled higher on Wednesday, then extended those gains into the electronic trading after...

: 89bio’s stock rallies 48% on new NASH data
22 March, 2023

Shares of 89bio Inc. ETNB soared about 48% in premarket trading on Wednesday after the...

: S&P 500 pushes above 4,010 level, stocks turn higher after Fed raises rates by 25 basis points
22 March, 2023

U.S. stocks turned higher, shaking off earlier weakness, after the Federal Reserve on Wednesday raised...

: Ollie’s Bargain Outlet stock leaps after profit and sales rose above expectations, and full-year outlook tops forecasts
22 March, 2023

Shares of Ollie’s Bargain Outlet Holdings Inc. OLLI powered up 8.9% toward a 3 1/2-month...

: Amazon launches new Fire devices, including $200 option
22 March, 2023

Amazon.com Inc. AMZN on Wednesday said it is expanding its Fire TV line with new...

: Ollie’s Bargain Outlet stock leaps after profit and sales rose above expectations, and full-year outlook tops forecasts
22 March, 2023

Shares of Ollie’s Bargain Outlet Holdings Inc. OLLI powered up 8.9% toward a 3 1/2-month...

: Albermarle to invest at least $1.3 billion in South Carolina lithium hydroxide facility, create more than 300 jobs
22 March, 2023

Albermarle Corp. ALB said Wednesday it’s planning to invest at least $1.3 billion in a...

: Papa John’s CFO Ann Gugino is stepping down with immediate effect
22 March, 2023

Papa John’s International Inc. PZZA said Wednesday Chief Financial Officer Ann Gugino is stepping down...

: PacWest decides not to raise additional capital after getting private financing and federal loans
22 March, 2023

PacWest Bancorp PACW stock fell 4% Wednesday after it disclosed a drop in despots since...

: Papa John’s CFO Ann Gugino is stepping down with immediate effect
22 March, 2023

Papa John’s International Inc. PZZA said Wednesday Chief Financial Officer Ann Gugino is stepping down...

: Winnebago stock rises after it beats analyst estimates for adj. earnings and revenue
22 March, 2023

Winnebago Industries Inc. WGO stock rose 5% in premarket trade on Wednesday after the recreational...