Westend61 | Westend61 | Getty Images You may want to think twice before scanning that QR code. The codes — a digital jumble of black and white squares, often used for storing URLs — have become seemingly ubiquitous, found on restaurant menus and in retail stores, for example. However, they can pose risks for the…
Check out the companies making headlines in midday trading. Advanced Micro Devices — The chipmaker’s stock popped 7%, a day after the company unveiled its new artificial intelligence chips poised to challenge Nvidia’s dominance. Nvidia shares added about 1%. Meta Platforms and Microsoft have already said they would buy AMD’s chip as an alternative. Alphabet…
Check out the companies making headlines in premarket trading. Sprinklr — The software company plummeted nearly 28% after its fiscal 2025 sales guidance disappointed investors. BTIG downgraded the stock to neutral following the results over concerns on topline growth. Take-Two Interactive — Shares of the video game company slipped roughly 2% after a downgrade to…
Check out the companies making headlines in after-hours trading. ChargePoint Holdings — Shares of the electric vehicle infrastructure company shed 1% after the company missed revenue expectations for the third quarter, posting $110 million in revenue while analysts expected $122 million, according to LSEG. ChargePoint reported a loss of 43 cents per share. Verint Systems…
Check out the companies making headlines in midday trading. Shopify — Shares fell 3% on the back of the company’s investor day, which took place Tuesday. A lack of concrete long-term guidance left some analysts muted on the stock. The company’s strong performance in 2023 — shares have more than doubled year to date —…
Check out the companies making headlines in premarket trading. Shopify — The e-commerce platform dipped more than 2% in premarket trading following the company’s investor day. To be sure, analysts on Wall Street were somewhat positive following the event, with Citi’s Tyler Radke labeling the investor day as ” half a victory lap.” Other analysts, including…
Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the exchange-traded fund space. “In the last five weeks, we’ve launched three new active products. Two are the premium income. One, believe it or not, is small cap core,” Brendan McCarthy, the firm’s managing director of…
Big bank CEOs will likely convey deposits and earnings are stable to lawmakers on Wednesday, according to a major financial services executive. Thomas Michaud, CEO of Stifel company Keefe, Bruyette & Woods, thinks the hearing before the Senate Banking Committee will successfully provide assurance to Washington and Wall Street. Banking chiefs slated to speak at…
Check out the companies making headlines after the bell : Box — The cloud company plummeted 11% after reporting fiscal third-quarter adjusted earnings of 36 cents per share on revenue of $261.5 million. This was lower than FactSet’s analyst expectations of 38 cents per share on $262.4 million of revenue. MongoDB — The database stock…
Check out the companies making headlines in midday trading. Apple — The iPhone maker’s shares added 2% in midday trading after SensorTower data showed App store revenue jumped 11% quarter to date for the fiscal first quarter of 2024, according to a note from Bank of America. The firm also noted an 8% increase in…
