[ad_1] Visitors learn about a Tesla model S at the auto exhibition area of the 5th China International Import Expo in Shanghai, China, November 7, 2022. CFOTO | Future Publishing | Getty Images Check out the companies making the biggest moves midday Monday: Disney — Disney fell 3.6% after its …
Read More »Supreme Court takes Coinbase crypto lawsuits appeal
[ad_1] The Supreme Court on Friday agreed to hear an appeal by the major crypto exchange Coinbase, which is seeking to have two customer lawsuits against the company resolved by private arbitration, not by a federal court. “We are gratified the Supreme Court agreed to hear our appeal, and we …
Read More »Ross Stores, Carvana, Coinbase, Rent the Runway and more
[ad_1] Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Ross Stores — Ross Stores jumped 10% after a quarterly beat on earnings and revenue. The company was also named by Credit Suisse as its …
Read More »Walgreens, Coinbase, Duolingo, Ralph Lauren
[ad_1] A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online platform for medical professionals skyrocketed more than 27% after the company reported better-than-expected quarterly results. Doximity also announced a new …
Read More »DraftKings, Cinemark, Hershey and more
[ad_1] Check out the companies making headlines before the bell: DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. The sports betting company also raised its revenue guidance and warned a prolonged economic downturn could impact spending …
Read More »Block, PayPal, Carvana, Twilio and more
[ad_1] A Starbucks location in New York. Scott Mlyn | CNBC Check out the companies making headlines after hours. Block — The mobile payment stock jumped 12% after Block reported third-quarter results that beat on the top and bottom lines. Block reported earnings of 42 cents per share on revenue …
Read More »Lucid Group is losing too much money
[ad_1] FLEX LNG Ltd: “Jimmy Chill likes FLEX. Why? Because it’s got a product that we all need.” Coinbase Global Inc: “People actually trust it, okay? They believe in it, and that is going to keep it from going down much more. … Not enough of a reason for me …
Read More »Apple, CarMax, Coinbase, Peloton and more
[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters Check out the companies making headlines in midday trading. Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker …
Read More »12 stocks that underscore the carnage in the IPO market
[ad_1] CNBC’s Jim Cramer on Tuesday highlighted his list of “dirty dozen” companies that exemplify the losses incurred by investors who funneled their cash into initial public offerings and other risky stocks. “Some of the most egregious offenders were the dirty dozen that hit you with repeated unsportsmanlike conduct … …
Read More »Coinbase is not a buy
[ad_1] Certara Inc: “They’re not bad. They actually don’t lose money. … I think it’s a great spec, and I usually don’t say that.” Melco Resorts & Entertainment Ltd: “It’s a nice spec on the idea that Covid is going to be beaten, but I do not like the gambling …
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